Wells Fargo & Company Issues Positive Forecast for Spectrum Brands (NYSE:SPB) Stock Price

Spectrum Brands (NYSE:SPB) had its price target boosted by equities research analysts at Wells Fargo & Company from $62.00 to $80.00 in a research note issued to investors on Friday,Benzinga reports. The firm presently has an “equal weight” rating on the stock. Wells Fargo & Company‘s price objective indicates a potential upside of 4.97% from the company’s previous close.

Other equities analysts also recently issued research reports about the stock. Wall Street Zen upgraded shares of Spectrum Brands from a “sell” rating to a “hold” rating in a report on Tuesday, November 18th. Royal Bank Of Canada reissued an “outperform” rating and issued a $75.00 target price on shares of Spectrum Brands in a report on Tuesday. Weiss Ratings restated a “hold (c)” rating on shares of Spectrum Brands in a research note on Monday, December 29th. Canaccord Genuity Group boosted their target price on Spectrum Brands from $75.00 to $84.00 and gave the stock a “buy” rating in a research report on Monday, November 17th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $85.00 price objective on shares of Spectrum Brands in a research note on Friday. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $83.00.

Spectrum Brands Stock Up 1.0%

Shares of NYSE:SPB traded up $0.79 during midday trading on Friday, reaching $76.22. The company’s stock had a trading volume of 112,545 shares, compared to its average volume of 366,185. Spectrum Brands has a 12-month low of $49.99 and a 12-month high of $80.28. The company has a quick ratio of 1.41, a current ratio of 2.26 and a debt-to-equity ratio of 0.29. The firm has a 50 day moving average of $61.84 and a 200-day moving average of $57.35. The firm has a market capitalization of $1.77 billion, a P/E ratio of 19.18 and a beta of 0.68.

Spectrum Brands (NYSE:SPB) last announced its quarterly earnings results on Thursday, February 5th. The company reported $1.40 EPS for the quarter, topping the consensus estimate of $0.77 by $0.63. Spectrum Brands had a net margin of 3.56% and a return on equity of 7.29%. The business had revenue of $677.00 million for the quarter, compared to analysts’ expectations of $667.59 million. During the same quarter in the previous year, the company earned $1.02 EPS. The business’s quarterly revenue was down 3.3% compared to the same quarter last year. On average, research analysts anticipate that Spectrum Brands will post 5.06 earnings per share for the current year.

Hedge Funds Weigh In On Spectrum Brands

Large investors have recently modified their holdings of the stock. ProShare Advisors LLC lifted its stake in shares of Spectrum Brands by 3.1% during the fourth quarter. ProShare Advisors LLC now owns 4,721 shares of the company’s stock valued at $279,000 after acquiring an additional 140 shares during the period. Nisa Investment Advisors LLC lifted its holdings in Spectrum Brands by 13.9% during the 2nd quarter. Nisa Investment Advisors LLC now owns 1,767 shares of the company’s stock valued at $94,000 after purchasing an additional 215 shares during the last quarter. Blue Trust Inc. boosted its holdings in Spectrum Brands by 44.8% in the 2nd quarter. Blue Trust Inc. now owns 1,060 shares of the company’s stock valued at $56,000 after purchasing an additional 328 shares during the period. Farther Finance Advisors LLC increased its stake in Spectrum Brands by 111.7% during the 4th quarter. Farther Finance Advisors LLC now owns 635 shares of the company’s stock worth $38,000 after acquiring an additional 335 shares during the period. Finally, CWM LLC grew its stake in Spectrum Brands by 58.2% during the fourth quarter. CWM LLC now owns 1,237 shares of the company’s stock worth $73,000 after buying an additional 455 shares in the last quarter.

Spectrum Brands News Summary

Here are the key news stories impacting Spectrum Brands this week:

• Positive Sentiment: Q1 results materially beat estimates: adjusted EPS $1.40 vs. consensus ~$0.77 and revenue of $677M vs. ~$667.6M; management highlighted strength in its higher‑margin businesses which supported EBITDA. Spectrum Brands Holdings Reports Fiscal 2026 First Quarter Results
• Positive Sentiment: Company announced a $300M share repurchase program and reiterated fiscal‑2026 net‑sales growth targets, citing recovery in pet care — supports capital return and EPS leverage. Spectrum Brands outlines $300M share repurchase program and reiterates net sales growth targets for fiscal 2026 amid pet care recovery
• Positive Sentiment: Street recognition/technicals improved: RBC issued an Outperform and IBD Relative Strength rating climbed to 72 — may attract momentum and growth‑oriented buyers. Spectrum Brands (NYSE:SPB) Earns “Outperform” Rating from Royal Bank Of Canada Spectrum Brands Holdings sees IBD RS rating climb to 72
• Neutral Sentiment: Detailed earnings materials available (earnings call transcript and slide deck) — useful for analysts digging into segment trends and margins but unlikely to move price by themselves. Spectrum Brands Holdings, Inc. (SPB) Q1 2026 Earnings Call Transcript Spectrum Brands Holdings, Inc. 2026 Q1 – Results – Earnings Call Presentation
• Neutral Sentiment: Analysts remain mixed on consumer goods peers and SPB’s positioning — some see recovery potential (pet care) while others flag competitive/retail pressures. Expect continued analyst divergence. Analysts Conflicted on These Consumer Goods Names: Spectrum Brands Holdings (SPB) and Target (TGT)
• Negative Sentiment: Top‑line softness remains: revenue was down ~3.3% year‑over‑year and net margin stayed modest, highlighting ongoing demand/volume headwinds in parts of the portfolio — a potential risk if recovery in pet care and other categories lags. Spectrum (SPB) Reports Q1 Earnings: What Key Metrics Have to Say

About Spectrum Brands

Spectrum Brands Holdings, Inc is a global consumer products company that develops and markets a diverse portfolio of branded household and personal care products. Organized into four principal business segments—Hardware & Home Improvement, Home & Garden, Pet, and Appliances & Personal Care—the company offers a broad range of items including security and plumbing solutions, small electric appliances, grooming tools, and pet care accessories. Its hardware division features well-known brands such as Kwikset, Baldwin and Pfister, while the home appliance segment is anchored by names like Russell Hobbs and Remington.