Neo Ivy Capital Management Buys 249,765 Shares of Newell Brands Inc. $NWL

Neo Ivy Capital Management grew its stake in Newell Brands Inc. (NASDAQ:NWL) by 365.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 318,102 shares of the company’s stock after purchasing an additional 249,765 shares during the period. Neo Ivy Capital Management’s holdings in Newell Brands were worth $1,667,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Smith Moore & CO. acquired a new position in Newell Brands during the 3rd quarter worth approximately $110,000. Cresset Asset Management LLC bought a new position in Newell Brands in the 3rd quarter valued at approximately $58,000. Victory Capital Management Inc. boosted its position in Newell Brands by 1.1% in the third quarter. Victory Capital Management Inc. now owns 5,888,204 shares of the company’s stock valued at $30,854,000 after buying an additional 62,164 shares in the last quarter. Focus Partners Advisor Solutions LLC boosted its position in Newell Brands by 83.7% in the third quarter. Focus Partners Advisor Solutions LLC now owns 76,791 shares of the company’s stock valued at $402,000 after buying an additional 34,988 shares in the last quarter. Finally, Interchange Capital Partners LLC bought a new stake in shares of Newell Brands during the third quarter worth $74,000. 92.50% of the stock is owned by institutional investors.

Newell Brands Price Performance

Shares of NASDAQ:NWL opened at $4.24 on Friday. The firm has a market cap of $1.78 billion, a PE ratio of -6.24 and a beta of 0.91. The firm’s fifty day moving average is $4.33 and its 200-day moving average is $4.51. 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 52 week low of $3.07 and a 52 week high of $7.02.

Newell Brands (NASDAQ:NWL) last posted its quarterly earnings data on Friday, February 6th. The company reported $0.18 earnings per share for the quarter, meeting analysts’ consensus estimates 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%.Newell Brands’s quarterly revenue was down 2.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.16 earnings per share. Newell Brands has set its Q1 2026 guidance at -0.120–0.080 EPS. Sell-side analysts predict that Newell Brands Inc. will post 0.72 earnings per share for the current year.

Newell Brands Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 27th will be paid a $0.07 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $0.28 annualized dividend and a dividend yield of 6.6%. Newell Brands’s dividend payout ratio is presently -41.18%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on NWL shares. Citigroup upped their price target on shares of Newell Brands from $4.25 to $5.00 and gave the stock a “neutral” rating in a report on Monday, February 9th. Canaccord Genuity Group boosted their price objective on Newell Brands from $7.00 to $8.00 and gave the stock a “buy” rating in a research report on Monday, January 26th. Morgan Stanley upped their target price on Newell Brands from $4.25 to $4.50 and gave the stock an “equal weight” rating in a report on Tuesday, February 10th. Weiss Ratings reiterated a “sell (d)” rating on shares of Newell Brands in a research report on Monday, December 29th. Finally, UBS Group reissued a “neutral” rating and set a $5.00 price target on shares of Newell Brands in a research note on Monday, February 9th. Four investment 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’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target 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.