5 Best Dividend Penny Stocks to Buy Right Now

2. Newell Brands Inc. (NASDAQ:NWL)

Number of Hedge Fund Holders: 40

Share Price as of the Close of May 15: $3.84

On May 4, Deutsche Bank analyst Steve Powers raised the firm’s price recommendation on Newell Brands Inc. (NASDAQ:NWL) to $4 from $3. The analyst reiterated a Hold rating on the shares.

During the Q1 2026 earnings call, President, CEO, and Director Christopher Peterson said all three of the company’s business segments delivered core sales growth above expectations. He also noted that the Learning & Development segment returned to core sales growth during the quarter.

Peterson attributed the stronger performance to improving consumer demand and the company’s execution strategy. He said point-of-sale trends and market share gains came in ahead of expectations, which he linked to Newell’s focus on innovation along with increased advertising and promotional spending. He also pointed out that six of the company’s top 10 brands gained market share in the first quarter.

Meanwhile, Chief Financial Officer Mark Erceg said normalized gross margin expanded by 70 basis points year over year to 33.2% during the first quarter. He added that Newell’s normalized operating margin reached 4.8% during the period. Erceg also said the company generated roughly $25 million in net pricing benefits, which he attributed to improved claims experience and stronger deduction management.

Newell Brands Inc. (NASDAQ:NWL) is a global consumer goods company operating through three segments: Home and Commercial Solutions, Learning and Development, and Outdoor and Recreation.