BlackRock, Inc. Increases Stake in Newell Brands Inc. to 11.4%
BlackRock, Inc. filed an amended Schedule 13G (Amendment No. 16) on April 24, 2026, reporting a significant increase in its stake in Newell Brands Inc. (NWL). As of the event date on March 31, 2026, BlackRock beneficially owns 48,325,617 shares of common stock, representing 11.4% of the company. This marks a substantial increase from the previously reported 0.0% ownership position. Out of the total shares held, BlackRock possesses sole voting power over 47,638,701 shares and sole dispositive power over all 48,325,617 shares. The filing notes that the iShares Core S&P Small-Cap ETF specifically holds an interest exceeding five percent of the total outstanding common stock. The acquisition was made in the ordinary course of business and not for the purpose of changing or influencing control of the issuer. BlackRock operates as a parent holding company for various subsidiaries listed in the filing, managing these assets across its diverse reporting business units.