<div id="readability-page-1"><p>Shares of Newell Brands Inc. (NASDAQ:NWL - Get Free Report) traded down 4.3% during trading on Tuesday after Citigroup lowered their price target on the stock from $7.75 to $4.75. Citigroup currently has a neutral rating on the stock. Newell Brands traded as low as $4.82 and last traded at $4.78. 1,037,097 shares traded hands during mid-day trading, a decline of 84% from the average session volume of 6,599,211 shares. The stock had previously closed at $4.99.</p><div><p><span></span><span>Get <strong>Newell Brands</strong> alerts:</span></p></div><ul><li>Is Airbnb a buy on fee increase, international growth?</li></ul><p>Several other research analysts also recently issued reports on the stock. JPMorgan Chase &amp; Co. lowered their price objective on shares of Newell Brands from $8.00 to $6.00 and set a &#34;neutral&#34; rating on the stock in a research report on Friday. Royal Bank of Canada reduced their price objective on Newell Brands from $9.50 to $9.00 and set a &#34;sector perform&#34; rating for the company in a research note on Monday, February 10th. UBS Group boosted their target price on Newell Brands from $9.50 to $10.50 and gave the company a &#34;neutral&#34; rating in a report on Thursday, January 16th. Wells Fargo &amp; Company decreased their price target on Newell Brands from $9.00 to $7.00 and set an &#34;equal weight&#34; rating for the company in a report on Wednesday, April 2nd. Finally, Barclays upped their price objective on shares of Newell Brands from $10.00 to $11.00 and gave the stock an &#34;overweight&#34; rating in a research report on Friday, January 17th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of &#34;Hold&#34; and an average price target of $9.81.</p><p><b>Check Out Our Latest Research Report on Newell Brands</b></p><h2>Hedge Funds Weigh In On Newell Brands</h2><ul><li>Airbnb Joins the S&amp;P 500, Time to Buy In? </li></ul><p>Several hedge funds and other institutional investors have recently bought and sold shares of NWL. Charles Schwab Investment Management Inc. increased its position in shares of  Newell Brands by 4.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,992,076 shares of the company's stock valued at $39,761,000 after buying an additional 178,028 shares in the last quarter.  Amundi raised its position in  Newell Brands by 194.4% during the fourth quarter. Amundi now owns 215,597 shares of the company's stock worth $2,121,000 after acquiring an additional 142,361 shares during the last quarter.  Raymond James Financial Inc. acquired a new position in  Newell Brands during the fourth quarter worth about $9,877,000.  Empowered Funds LLC lifted its holdings in shares of  Newell Brands by 751.9% in the fourth quarter. Empowered Funds LLC now owns 100,251 shares of the company's stock valued at $999,000 after purchasing an additional 88,483 shares in the last quarter.  Finally, AssuredPartners Investment Advisors LLC acquired a new stake in shares of  Newell Brands in the fourth quarter valued at approximately $434,000. 92.50% of the stock is owned by institutional investors and hedge funds. </p><h2>Newell Brands Stock Performance</h2><p>The company has a current ratio of 1.14, a quick ratio of 0.56 and a debt-to-equity ratio of 1.64. The firm has a market capitalization of $1.98 billion, a PE ratio of -9.14, a PEG ratio of 0.95 and a beta of 0.84. The stock's 50 day moving average price is $6.36 and its two-hundred day moving average price is $8.30. </p><ul><li>SunCar Technology Stock Overheats...Will it Rise Again?</li></ul><p>Newell Brands (NASDAQ:NWL - Get Free Report) last released its quarterly earnings results on Friday, February 7th. The company reported $0.16 earnings per share for the quarter, topping analysts' consensus estimates of $0.14 by $0.02. Newell Brands had a positive return on equity of 9.76% and a negative net margin of 2.85%. During the same period in the previous year, the business earned $0.22 earnings per share.  On average, equities analysts expect that  Newell Brands Inc. will post 0.72 earnings per share for the current year. </p><h2>Newell Brands Announces Dividend</h2><p>The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were issued a dividend of $0.07 per share. The ex-dividend date  was Friday, February 28th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 5.90%. Newell Brands's dividend payout ratio (DPR) is presently -53.85%. </p><h2>About Newell Brands</h2> (Get Free Report)<p>Newell Brands Inc engages in the design, manufacture, sourcing, and distribution of consumer and commercial products worldwide. The company operates in three segments: Home and Commercial Solutions, Learning and Development, and Outdoor and Recreation. The Commercial Solutions segment provides commercial cleaning and maintenance solution products under the Rubbermaid, Rubbermaid Commercial Products, Mapa, and Spontex brands; closet and garage organization products; hygiene systems and material handling solutions; household products, such as kitchen appliances under the Crockpot, Mr.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Newell Brands</li><li>Uptrend Stocks Explained: Learn How to Trade Using Uptrends</li><li>Congress! Who Traded What During the Tariff-Induced Meltdown </li><li>How to Invest in the FAANG Stocks</li><li>2 Under-the-Radar Consumer Staples Stocks With Big Dividends</li><li>What is the Euro STOXX 50 Index?</li><li>NATO Deal Sparks 4% Jump in Palantir Stock—What’s Next?</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Newell Brands Right Now?</h2><p>Before you consider Newell Brands, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Newell Brands wasn't on the list.</p><p>While Newell Brands currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Newell Brands (NASDAQ:NWL) shares fell 4.3% after Citigroup downgraded its price target from $7.75 to $4.75, maintaining a neutral rating. Other analysts also adjusted their price targets, with JPMorgan lowering it to $6.00 and Wells Fargo to $7.00. The stock traded at $4.78, significantly below its average volume. Newell Brands reported earnings of $0.16 per share, exceeding estimates, and declared a quarterly dividend of $0.07 per share, yielding 5.90%. Institutional investors hold 92.50% of the stock.</p>

Newell Brands (NASDAQ:NWL) Shares Down 4.3% on Analyst Downgrade