Intech Investment Management LLC Acquires 404,269 Shares of Newell Brands Inc. $NWL

Intech Investment Management LLC boosted its stake in shares of Newell Brands Inc. (NASDAQ:NWL) by 510.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 483,491 shares of the company’s stock after buying an additional 404,269 shares during the period. Intech Investment Management LLC’s holdings in Newell Brands were worth $1,799,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Allianz Asset Management GmbH lifted its stake in shares of Newell Brands by 99.0% during the 3rd quarter. Allianz Asset Management GmbH now owns 1,288,227 shares of the company’s stock worth $6,750,000 after purchasing an additional 640,970 shares during the last quarter. GSA Capital Partners LLP grew its stake in Newell Brands by 262.7% in the third quarter. GSA Capital Partners LLP now owns 346,554 shares of the company’s stock valued at $1,816,000 after purchasing an additional 251,012 shares during the last quarter. Candlestick Capital Management LP bought a new position in Newell Brands in the third quarter worth about $31,786,000. Pzena Investment Management LLC raised its holdings in Newell Brands by 5.0% in the fourth quarter. Pzena Investment Management LLC now owns 50,019,553 shares of the company’s stock worth $186,073,000 after purchasing an additional 2,375,782 shares in the last quarter. Finally, Neo Ivy Capital Management lifted its position in shares of Newell Brands by 365.5% during the third quarter. Neo Ivy Capital Management now owns 318,102 shares of the company’s stock valued at $1,667,000 after buying an additional 249,765 shares during the last quarter. 92.50% of the stock is currently owned by hedge funds and other institutional investors.

Newell Brands Price Performance

Shares of NWL stock opened at $3.84 on Friday. Newell Brands Inc. has a fifty-two week low of $3.07 and a fifty-two week high of $6.64. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.51 and a current ratio of 1.04. The firm has a market capitalization of $1.63 billion, a price-to-earnings ratio of -5.73, a PEG ratio of 4.25 and a beta of 1.01. The stock’s 50-day simple moving average is $3.84 and its 200-day simple moving average is $3.97.

Newell Brands (NASDAQ:NWL) last announced its quarterly earnings data on Friday, May 1st. The company reported ($0.05) EPS for the quarter, beating the consensus estimate of ($0.09) by $0.04. The firm had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.51 billion. Newell Brands had a negative net margin of 3.91% and a positive return on equity of 8.89%. Newell Brands’s revenue was down 1.1% on a year-over-year basis. During the same period last year, the firm posted ($0.01) EPS. Newell Brands has set its FY 2026 guidance at 0.560-0.600 EPS and its Q2 2026 guidance at 0.160-0.190 EPS. As a group, equities analysts forecast that Newell Brands Inc. will post 0.57 earnings per share for the current fiscal year.

Newell Brands Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 7.3%. The ex-dividend date is Friday, May 29th. Newell Brands’s payout ratio is presently -41.79%.

Wall Street Analyst Weigh In

NWL has been the topic of a number of recent analyst reports. Royal Bank Of Canada set a $4.00 price target on shares of Newell Brands in a report on Thursday, April 9th. Citigroup increased their target price on shares of Newell Brands from $4.00 to $4.75 and gave the company a “neutral” rating in a research report on Monday, May 4th. Weiss Ratings restated a “sell (d-)” rating on shares of Newell Brands in a research note on Friday, May 15th. Deutsche Bank Aktiengesellschaft cut their price target on shares of Newell Brands from $5.00 to $3.00 and set a “hold” rating on the stock in a report on Monday, March 30th. Finally, UBS Group upped their price target on Newell Brands from $3.75 to $4.25 and gave the stock a “neutral” rating in a research report on Monday, May 4th. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Newell Brands currently has a consensus rating of “Hold” and an average target price of $4.94.

Insider Transactions at Newell Brands

In other news, insider Kristine Kay Malkoski sold 10,850 shares of the business’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $3.65, for a total transaction of $39,602.50. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Melanie Arlene Huet sold 91,000 shares of the company’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $4.50, for a total value of $409,500.00. Following the completion of the transaction, the insider directly owned 867 shares in the company, valued at approximately $3,901.50. The trade was a 99.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 202,750 shares of company stock worth $812,397. Company insiders own 1.64% of the company’s stock.

Newell Brands Company 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.