Savant Capital LLC Decreases Stock Position in Newell Brands Inc. $NWL

Savant Capital LLC lessened its stake in shares of Newell Brands Inc. (NASDAQ:NWL) by 48.6% in the 3rd quarter, Holdings Channel reports. The firm owned 125,206 shares of the company’s stock after selling 118,200 shares during the period. Savant Capital LLC’s holdings in Newell Brands were worth $656,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in NWL. Hussman Strategic Advisors Inc. purchased a new stake in Newell Brands during the second quarter valued at $567,000. Norges Bank purchased a new position in shares of Newell Brands in the 2nd quarter worth $20,196,000. Russell Investments Group Ltd. increased its holdings in shares of Newell Brands by 6.6% in the 2nd quarter. Russell Investments Group Ltd. now owns 3,953,832 shares of the company’s stock worth $21,354,000 after buying an additional 244,584 shares during the last quarter. Cooper Creek Partners Management LLC raised its position in shares of Newell Brands by 48.8% during the 2nd quarter. Cooper Creek Partners Management LLC now owns 25,985,548 shares of the company’s stock valued at $140,322,000 after buying an additional 8,526,698 shares in the last quarter. Finally, Deprince Race & Zollo Inc. lifted its holdings in shares of Newell Brands by 23.5% in the 3rd quarter. Deprince Race & Zollo Inc. now owns 18,670,804 shares of the company’s stock valued at $97,835,000 after acquiring an additional 3,549,220 shares during the last quarter. 92.50% of the stock is owned by institutional investors.

Newell Brands Stock Performance

Shares of Newell Brands stock opened at $4.51 on Thursday. The stock’s fifty day moving average is $4.04 and its two-hundred day moving average is $4.59. The company has a market capitalization of $1.89 billion, a PE ratio of -6.63 and a beta of 0.93. The company has a quick ratio of 0.57, a current ratio of 1.07 and a debt-to-equity ratio of 1.90. Newell Brands Inc. has a 52 week low of $3.07 and a 52 week high of $7.24.

Newell Brands (NASDAQ:NWL) last released its earnings results on Friday, February 6th. The company reported $0.18 earnings per share for the quarter, hitting the consensus estimate of $0.18. The business had revenue of $1.90 billion during the quarter, compared to the consensus estimate of $1.88 billion. Newell Brands had a positive return on equity of 9.17% and a negative net margin of 3.96%.The business’s revenue for the quarter was down 2.7% compared to the same quarter last year. During the same period last year, the company earned $0.16 earnings per share. Newell Brands has set its Q1 2026 guidance at -0.120–0.080 EPS. As a group, analysts expect that Newell Brands Inc. will post 0.72 earnings per share for the current year.

Newell Brands Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 27th will be given a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend is Friday, February 27th. Newell Brands’s payout ratio is -41.18%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on NWL. Morgan Stanley boosted their price objective on Newell Brands from $4.25 to $4.50 and gave the stock an “equal weight” rating in a research note on Tuesday. Royal Bank Of Canada decreased their price target on Newell Brands from $8.00 to $4.50 and set a “sector perform” rating on the stock in a report on Monday, November 3rd. Citigroup raised their price target on Newell Brands from $4.25 to $5.00 and gave the stock a “neutral” rating in a research report on Monday. JPMorgan Chase & Co. cut their price objective on shares of Newell Brands from $6.00 to $5.00 and set an “overweight” rating on the stock in a research report on Monday, November 3rd. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Newell Brands in a research note on Monday, December 29th. Four investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $6.11.

About Newell Brands

Newell Brands Inc, trading on NASDAQ under the ticker NWL, is a global consumer goods company known for its diverse portfolio of household, commercial, and specialty products. Formed through the merger of Newell Rubbermaid and Jarden Corporation in 2016, the company traces its roots back to Newell Manufacturing, which was founded in 1903. Headquartered in Atlanta, Georgia, Newell Brands has built a reputation for widely recognized brands spanning multiple consumer categories.

The company’s business activities are organized across several segments, including writing and creative expression, home solutions, commercial products, and outdoor recreation.