Newell Brands
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
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]
53% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 47
24% more repeat investments, than reductions
Existing positions increased: 152 | Existing positions reduced: 123
12% more capital invested
Capital invested by funds: $2.59B [Q2] → $2.91B (+$317M) [Q3]
6% more funds holding
Funds holding: 396 [Q2] → 421 (+25) [Q3]
6.35% less ownership
Funds ownership: 97.39% [Q2] → 91.04% (-6.35%) [Q3]
50% less call options, than puts
Call options by funds: $16.6M | Put options by funds: $33.2M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$8
20%
downside
Avg. target
$11.80
18%
upside
High target
$17
70%
upside
5 analyst ratings
3 positive
60%
2 neutral
40%
0 negative
0%
Truist Securities Bill Chappell 40% 1-year accuracy 12 / 30 met price target | 70%upside $17 | Buy Upgraded | 9 Dec 2024 |
Canaccord Genuity Brian McNamara 60% 1-year accuracy 26 / 43 met price target | 50%upside $15 | Buy Maintained | 6 Dec 2024 |
Barclays Lauren Lieberman 46% 1-year accuracy 41 / 90 met price target | 0%downside $10 | Overweight Upgraded | 20 Nov 2024 |
Wells Fargo Chris Carey 33% 1-year accuracy 11 / 33 met price target | 10%downside $9 | Equal-Weight Maintained | 28 Oct 2024 |
JP Morgan Andrea Teixeira 45% 1-year accuracy 24 / 53 met price target | 20%downside $8 | Neutral Maintained | 11 Oct 2024 |
Financial journalist opinion
Based on 3 articles about NWL published over the past 30 days
Positive
Zacks Investment Research
1 week ago
Newell Stock Hits 52-Week High: Is There More Room for Growth?
NWL stock's momentum is backed by its emphasis on investing in innovation, brand-building, and go-to-market excellence for its most profitable brands and markets.
Neutral
GlobeNewsWire
2 weeks ago
Portable Coolers Strategic Market Report 2023-2030, Competitor Analysis of 45+ Players Including Bison Coolers, Grizzly Coolers, Igloo Products, Newell Brands, and ORCA Coolers
Understand the significant growth trajectory of the Hard-Sided Coolers segment, which is expected to reach US$11.6 Billion by 2030 with a CAGR of a 14.5%. The Soft-Sided Coolers segment is also set to grow at 11.4% CAGR over the analysis period. Gain insights into the U.S. market, which was estimated at $2.0 Billion in 2023, and China, forecasted to grow at an impressive 17.0% CAGR to reach $4.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific. Understand the significant growth trajectory of the Hard-Sided Coolers segment, which is expected to reach US$11.6 Billion by 2030 with a CAGR of a 14.5%. The Soft-Sided Coolers segment is also set to grow at 11.4% CAGR over the analysis period. Gain insights into the U.S. market, which was estimated at $2.0 Billion in 2023, and China, forecasted to grow at an impressive 17.0% CAGR to reach $4.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Positive
Zacks Investment Research
3 weeks ago
Newell's Innovations & Other Strategies Seem Encouraging: Apt to Hold
NWL's strategic endeavors, including organizational realignment and cost-saving efforts, bode well.
Neutral
Business Wire
1 month ago
Newell Brands to Webcast Fireside Chat at the Morgan Stanley Global Consumer & Retail Conference
ATLANTA--(BUSINESS WIRE)--Newell Brands Inc. (NASDAQ: NWL) announced today that President and Chief Executive Officer, Chris Peterson, and Chief Financial Officer, Mark Erceg, will participate in a fireside chat at the Morgan Stanley Global Consumer & Retail Conference at 8:45 a.m. ET on Wednesday, December 4, 2024. The fireside chat will be webcast and may be accessed by selecting Events & Presentations from the Investors tab of the Newell Brands website at www.newellbrands.com. The we.
Neutral
PRNewsWire
1 month ago
NUK® Unveils the Perfect Match™ 2-in-1 Natural + Anti-Colic Bottle: The Ultimate Breastfeeding Companion for Stress-Free Feeding
The Revolutionary Design Blends the Comfort of Breastfeeding with the Convenience of a Bottle for a Natural Feeding Experience ATLANTA , Nov. 13, 2024 /PRNewswire/ -- NUK®, the #1 hospital-trusted brand for feeding1, introduces the Perfect Match™ 2-in-1 Natural + Anti-Colic Bottle, engineered to deliver a seamless transition between breast and bottle feeding. Featuring a super-soft, skin-like silicone nipple, the Perfect Match bottle adapts to each baby's unique palate, mimicking the natural shape and feel of a mother's breast for a stress-free feeding experience that supports your breastfeeding journey from start to finish.
Neutral
Business Wire
1 month ago
Newell Brands Declares Dividend on Common Stock
ATLANTA--(BUSINESS WIRE)--Newell Brands Inc. (NASDAQ: NWL) announced today the declaration of a quarterly cash dividend of $0.07 per share. The dividend is payable December 13, 2024 to common stockholders of record at the close of business on November 29, 2024. About Newell Brands Newell Brands (NASDAQ: NWL) is a leading global consumer goods company with a strong portfolio of well-known brands, including Rubbermaid, Sharpie, Graco, Coleman, Rubbermaid Commercial Products, Yankee Candle, Paper.
Neutral
GlobeNewsWire
1 month ago
Bakeware Market Review 2019-2024 and Industry Forecast to 2029, with Strategic Profiles of Key Players - SEB, Wilton Brands, Newell Brands, FACKELMANN, Northland Aluminum Products (Nordic Ware) & More
Dublin, Nov. 04, 2024 (GLOBE NEWSWIRE) -- The "Bakeware Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2019-2029F" report has been added to ResearchAndMarkets.com's offering. The Global Bakeware Market was valued at USD 3.84 billion in 2023, and is expected to reach USD 5.41 billion by 2029, rising at a CAGR of 5.90%.
Neutral
Business Wire
1 month ago
Newell Brands Announces Upsized Offering and Pricing of $750 Million 6.375% Notes due 2030 and $500 Million 6.625% Notes due 2032
ATLANTA--(BUSINESS WIRE)--Newell Brands (NASDAQ: NWL) today announced the launch and pricing of an upsized public offering of $750 million aggregate principal amount of 6.375% notes due 2030 (the “2030 Notes”) and $500 million aggregate principal amount of 6.625% notes due 2032 (the “2032 Notes” and, together with the 2030 Notes, the “Notes”). The offering of the Notes is expected to close on November 13, 2024, subject to customary closing conditions. Newell Brands intends to use the net procee.
Neutral
PRNewsWire
1 month ago
Yankee Candle® Debuts New "Passport to the Holidays" Collection with Festive Fragrances Inspired by Iconic Travel Destinations
Celebrate the Holiday Season with the Inviting Aromas of Fresh Apples, Caramelized Sugarcane, Ginger, and Warm Cinnamon Woods SOUTH DEERFIELD, Mass. , Oct. 28, 2024 /PRNewswire/ -- The Yankee Candle Company, Inc., part of the Newell Brands portfolio and the leader in home fragrance, is taking candle lovers on a sensory journey around the world this holiday season with its new Passport to the Holidays collection.
Positive
Seeking Alpha
1 month ago
Newell Brands: A Speculative Upgrade After Shares Soar Higher
In the past, Newell Brands faced significant challenges, including inflation, supply chain issues, and weak consumer sentiment, but recent improvements justify upgrading the stock from a 'sell' to a 'hold'. Despite a revenue decline, Newell Brands saw profitability improvements, with adjusted earnings per share matching analysts' expectations, and operating cash flow showing positive trends. Management's restructuring initiatives, including Project Phoenix, have started to yield results, with notable reductions in net debt and inventory levels, indicating better financial stability.
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