Newell Brands Inc. $NWL Stock Holdings Decreased by Pzena Investment Management LLC

Pzena Investment Management LLC lessened its stake in Newell Brands Inc. (NASDAQ:NWL) by 1.5% during the third quarter, HoldingsChannel.com reports. The firm owned 47,643,771 shares of the company’s stock after selling 730,684 shares during the period. Pzena Investment Management LLC owned approximately 0.11% of Newell Brands worth $249,653,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Caitong International Asset Management Co. Ltd acquired a new position in Newell Brands in the second quarter worth about $35,000. Summit Global Investments bought a new position in Newell Brands during the 2nd quarter worth approximately $54,000. Forum Financial Management LP bought a new position in Newell Brands during the 3rd quarter worth approximately $54,000. one8zero8 LLC acquired a new position in shares of Newell Brands in the 3rd quarter worth approximately $57,000. Finally, Earned Wealth Advisors LLC bought a new stake in shares of Newell Brands in the 2nd quarter valued at approximately $60,000. Institutional investors own 92.50% of the company’s stock.

Newell Brands Stock Up 1.5%

Newell Brands stock opened at $4.74 on Thursday. The company has a debt-to-equity ratio of 1.90, a quick ratio of 0.57 and a current ratio of 1.07. Newell Brands Inc. has a one year low of $3.07 and a one year high of $7.02. The company has a 50-day simple moving average of $4.14 and a 200-day simple moving average of $4.56. The firm has a market capitalization of $1.99 billion, a P/E ratio of -6.97 and a beta of 0.93.

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

Newell Brands Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 27th will be issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 5.9%. The ex-dividend date of this dividend is Friday, February 27th. Newell Brands’s dividend payout ratio is -41.18%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on NWL. Royal Bank Of Canada dropped their price target on Newell Brands from $8.00 to $4.50 and set a “sector perform” rating on the stock in a research report on Monday, November 3rd. JPMorgan Chase & Co. lowered their target price on shares of Newell Brands from $6.00 to $5.00 and set an “overweight” rating for the company in a research note on Monday, November 3rd. Morgan Stanley raised their price target on shares of Newell Brands from $4.25 to $4.50 and gave the stock an “equal weight” rating in a research report on Tuesday, February 10th. Canaccord Genuity Group lifted their price target on shares of Newell Brands from $7.00 to $8.00 and gave the company a “buy” rating in a report on Monday, January 26th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Newell Brands in a research report on Monday, December 29th. Four equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $6.11.

Newell Brands Profile

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.