Investors Asset Management of Georgia Inc. GA ADV Acquires 4,408 Shares of Newell Brands Inc. $NWL

Investors Asset Management of Georgia Inc. GA ADV lifted its holdings in shares of Newell Brands Inc. (NASDAQ:NWL) by 8.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 53,765 shares of the company’s stock after buying an additional 4,408 shares during the quarter. Investors Asset Management of Georgia Inc. GA ADV’s holdings in Newell Brands were worth $290,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. AQR Capital Management LLC grew its holdings in Newell Brands by 401.2% during the 1st quarter. AQR Capital Management LLC now owns 10,588,136 shares of the company’s stock worth $65,382,000 after acquiring an additional 8,475,385 shares during the period. Massachusetts Financial Services Co. MA grew its stake in shares of Newell Brands by 25.8% during the first quarter. Massachusetts Financial Services Co. MA now owns 20,846,692 shares of the company’s stock worth $129,249,000 after purchasing an additional 4,273,541 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Newell Brands by 12.9% during the first quarter. Dimensional Fund Advisors LP now owns 20,426,137 shares of the company’s stock worth $126,646,000 after purchasing an additional 2,336,840 shares during the period. Financial Sense Advisors Inc. bought a new stake in Newell Brands in the first quarter valued at about $10,187,000. Finally, Brandywine Global Investment Management LLC acquired a new position in Newell Brands in the first quarter valued at about $9,404,000. 92.50% of the stock is currently owned by institutional investors and hedge funds.

Newell Brands Trading Up 3.7%

Shares of NASDAQ:NWL opened at $5.39 on Monday. The firm has a market cap of $2.26 billion, a price-to-earnings ratio of -9.14 and a beta of 1.02. Newell Brands Inc. has a 12 month low of $4.22 and a 12 month high of $11.78. The company’s fifty day simple moving average is $5.60 and its 200 day simple moving average is $5.52. The company has a quick ratio of 0.57, a current ratio of 1.12 and a debt-to-equity ratio of 1.68.

Newell Brands (NASDAQ:NWL) last released its earnings results on Friday, August 1st. The company reported $0.24 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.24. Newell Brands had a positive return on equity of 8.48% and a negative net margin of 3.29%.The firm had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.95 billion. During the same quarter in the prior year, the company earned $0.36 EPS. The company’s revenue was down 4.8% on a year-over-year basis. Newell Brands has set its FY 2025 guidance at 0.660-0.70 EPS. Q3 2025 guidance at 0.160-0.19 EPS. As a group, research analysts forecast that Newell Brands Inc. will post 0.72 EPS for the current fiscal year.

Newell Brands Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 29th were given a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend was Friday, August 29th. Newell Brands’s dividend payout ratio (DPR) is currently -47.46%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on NWL shares. JPMorgan Chase & Co. decreased their target price on Newell Brands from $8.00 to $7.00 and set an “overweight” rating for the company in a research report on Monday, August 4th. Citigroup boosted their price objective on shares of Newell Brands from $5.50 to $6.00 and gave the company a “neutral” rating in a report on Tuesday, September 16th. UBS Group upped their target price on shares of Newell Brands from $5.00 to $5.50 and gave the company a “neutral” rating in a research note on Thursday, July 17th. Weiss Ratings reissued a “sell (d-)” rating on shares of Newell Brands in a research report on Saturday, September 27th. Finally, Canaccord Genuity Group decreased their price target on shares of Newell Brands from $11.00 to $9.00 and set a “buy” rating for the company in a report on Monday, August 4th. Four investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $7.44.

Insider Buying and Selling

In other Newell Brands news, CEO Melanie Arlene Huet sold 8,800 shares of the company’s stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $5.11, for a total transaction of $44,968.00. Following the completion of the transaction, the chief executive officer owned 52,007 shares of the company’s stock, valued at $265,755.77. This represents a 14.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.71% of the company’s stock.

About Newell Brands

Newell Brands Inc engages in the design, manufacture, sourcing, and distribution of consumer and commercial products worldwide. The company operates in three segments: Home and Commercial Solutions, Learning and Development, and Outdoor and Recreation. The Commercial Solutions segment provides commercial cleaning and maintenance solution products under the Rubbermaid, Rubbermaid Commercial Products, Mapa, and Spontex brands; closet and garage organization products; hygiene systems and material handling solutions; household products, such as kitchen appliances under the Crockpot, Mr.