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FIL Ltd boosted its stake in Newell Brands by nearly 3 million shares, valued at $57 million.
FIL Ltd significantly increased its holdings in Newell Brands Inc., purchasing an additional 2,986,426 shares, bringing its total to 5,720,884 shares valued at $56,980,000.
Meanwhile, Dynamic Technology Lab also acquired 32,475 shares.
Newell Brands reported earnings of $0.16 per share, beating estimates by $0.02.
The stock is currently trading at $5.05, with a market capitalization of $2.11 billion and a "Hold" rating from analysts, who have a consensus target price of $10.58.
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FIL Ltd incrementó su participación en Newell Brands en casi 3 millones de acciones, valoradas en 57 millones de dólares.