Spectrum Brands Holdings Inc. (NYSE:SPB) Receives $87.00 Consensus Target Price from Brokerages

Shares of Spectrum Brands Holdings Inc. (NYSE:SPB) have been given an average rating of “Moderate Buy” by the six ratings firms that are covering the company, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $87.00.

Several research firms have commented on SPB. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $81.00 price target on shares of Spectrum Brands in a research note on Friday, May 8th. Canaccord Genuity Group reduced their target price on shares of Spectrum Brands from $100.00 to $99.00 and set a “buy” rating on the stock in a report on Wednesday, June 17th. Wells Fargo & Company increased their target price on shares of Spectrum Brands from $80.00 to $85.00 and gave the company an “equal weight” rating in a report on Wednesday, July 8th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Spectrum Brands in a research report on Tuesday, July 21st. Finally, Wall Street Zen downgraded shares of Spectrum Brands from a “buy” rating to a “hold” rating in a research note on Sunday, June 21st.

Insider Activity at Spectrum Brands

In related news, CEO David M. Maura bought 2,500 shares of the stock in a transaction dated Wednesday, May 20th. The stock was bought at an average price of $72.85 per share, with a total value of $182,125.00. Following the purchase, the chief executive officer owned 790,708 shares in the company, valued at approximately $57,603,077.80. The trade was a 0.32% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 4.50% of the company’s stock.

Hedge Funds Weigh In On Spectrum Brands

Several institutional investors and hedge funds have recently bought and sold shares of SPB. Global Retirement Partners LLC bought a new stake in Spectrum Brands in the second quarter valued at approximately $27,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Spectrum Brands by 7,237.5% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 587 shares of the company’s stock valued at $31,000 after purchasing an additional 579 shares during the period. Nomura Asset Management Co. Ltd. grew its holdings in shares of Spectrum Brands by 96.9% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 630 shares of the company’s stock worth $37,000 after purchasing an additional 310 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in shares of Spectrum Brands by 111.7% in the fourth quarter. Farther Finance Advisors LLC now owns 635 shares of the company’s stock worth $38,000 after purchasing an additional 335 shares during the last quarter. Finally, Headlands Technologies LLC purchased a new position in shares of Spectrum Brands in the second quarter worth $41,000.

More Spectrum Brands News

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

• Positive Sentiment: Strong earnings and sales beat: Spectrum Brands reported fiscal Q3 earnings of $2.79 per share, well above analyst estimates of approximately $1.46-$1.49 and up from $1.24 a year earlier. Revenue rose 7.7% year over year to $753.3 million, exceeding the $732.2 million consensus estimate. Spectrum Brands Holdings Reports Fiscal 2026 Third Quarter Results
• Positive Sentiment: Broad-based operating momentum: All three businesses delivered year-over-year top-line growth, while margin expansion supported the earnings outperformance. The Home & Garden segment was a key contributor, with sales increasing 19% year over year. Spectrum Brands’ Q3 Earnings Beat, Home & Garden Unit Sales Up 19% Y/Y
• Positive Sentiment: Raised outlook: Management increased its fiscal 2026 EBITDA outlook, reinforcing expectations that the company’s sales growth and margin improvements can continue. The stronger outlook was a central catalyst for the positive investor reaction. Spectrum Brands posts strong earnings beat and raises EBITDA outlook
• Neutral Sentiment: Shareholder returns and sentiment: Spectrum Brands maintained its quarterly dividend at $0.47 per share, payable September 22, and shareholders supported the board and governance proposals at the annual meeting. Brokerages also maintained a consensus “Moderate Buy” recommendation. Spectrum Brands Holdings Declares Quarterly Common Stock Dividend of $0.47 Per Share

Spectrum Brands Stock Performance

Shares of NYSE SPB opened at $90.27 on Thursday. The stock’s 50-day moving average is $85.44 and its 200 day moving average is $79.21. The stock has a market cap of $2.08 billion, a price-to-earnings ratio of 27.52, a P/E/G ratio of 2.83 and a beta of 0.63. Spectrum Brands has a 1-year low of $49.99 and a 1-year high of $99.06. The company has a current ratio of 2.29, a quick ratio of 1.42 and a debt-to-equity ratio of 0.30.

Spectrum Brands (NYSE:SPB) last issued its earnings results on Friday, August 7th. The company reported $2.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.46 by $1.33. Spectrum Brands had a return on equity of 8.23% and a net margin of 4.47%.The business had revenue of $753.30 million during the quarter, compared to analyst estimates of $732.19 million. During the same quarter in the prior year, the firm earned $1.24 earnings per share. Spectrum Brands’s revenue for the quarter was up 7.7% on a year-over-year basis. On average, sell-side analysts anticipate that Spectrum Brands will post 5.32 EPS for the current fiscal year.

Spectrum Brands Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Tuesday, August 25th will be paid a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Tuesday, August 25th. Spectrum Brands’s dividend payout ratio (DPR) is 35.88%.

Spectrum Brands Company Profile

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.