Newell BrandsNWL
Market Cap: $3.17B
About: Newell Brands Inc is an American global consumer goods company. The business activities of the group function through three segments namely, Home and Commercial Solutions, Learning and Development, and Outdoor and Recreation. The learning and Development segment generates revenue for the firm which offers baby gear and infant care products; writing instruments, including markers and highlighters, pens, and pencils; art products; activity-based adhesive and cutting products, and labeling solutions.
Employees: 24,600
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
29% more call options, than puts
Call options by funds: $20.5M | Put options by funds: $15.9M
0.7% more ownership
Funds ownership: 95.67% [Q1] → 96.37% (+0.7%) [Q2]
3% less funds holding
Funds holding: 405 [Q1] → 391 (-14) [Q2]
11% less repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 142
20% less capital invested
Capital invested by funds: $3.19B [Q1] → $2.56B (-$622M) [Q2]
23% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 60
50% less funds holding in top 10
Funds holding in top 10: 2 [Q1] → 1 (-1) [Q2]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Truist Securities Bill Chappell 64% 1-year accuracy 16 / 25 met price target | 31%upside $10 | Hold Maintained | 30 Jul 2024 |
Deutsche Bank Steve Powers 93% 1-year accuracy 13 / 14 met price target | 18%upside $9 | Hold Maintained | 29 Jul 2024 |
RBC Capital Nik Modi 58% 1-year accuracy 22 / 38 met price target | 25%upside $9.50 | Sector Perform Maintained | 29 Jul 2024 |
Canaccord Genuity Brian McNamara 57% 1-year accuracy 16 / 28 met price target | 58%upside $12 | Buy Maintained | 29 Jul 2024 |
Wells Fargo Chris Carey 52% 1-year accuracy 12 / 23 met price target | 18%upside $9 | Equal-Weight Maintained | 29 Jul 2024 |
Financial journalist opinion
Based on 6 articles about NWL published over the past 30 days