MarketBeat Earnings
Newell Brands Inc. $NWL Stock Position Decreased by Renaissance Technologies LLC
Renaissance Technologies LLC significantly reduced its stake in Newell Brands Inc. (NASDAQ:NWL) by 40.9% in the first quarter, selling over 164,000 shares. Despite this, institutional investors collectively own 92.5% of NWL, and analysts maintain an average "Hold" rating with a target price of $6.66. The company recently surpassed earnings expectations and announced a quarterly dividend of $0.07 per …