Spectrum Brands (NYSE:SPB) Trading 10.7% Higher After Strong Earnings

Spectrum Brands Holdings Inc. (NYSE:SPB) traded up 10.7% during mid-day trading on Friday following a better than expected earnings announcement. The stock traded as high as $75.68 and last traded at $75.76. 9,157 shares were traded during mid-day trading, a decline of 98% from the average session volume of 377,079 shares. The stock had previously closed at $68.44.

The company reported $1.40 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.63. Spectrum Brands had a return on equity of 7.65% and a net margin of 3.76%.The company had revenue of $677.00 million during the quarter, compared to analysts’ expectations of $667.59 million. During the same period in the prior year, the business posted $1.02 EPS. Spectrum Brands’s quarterly revenue was down 3.3% compared to the same quarter last year.

Spectrum Brands Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th 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 2.5%. The ex-dividend date of this dividend is Tuesday, February 17th. Spectrum Brands’s dividend payout ratio is 47.47%.

Key Spectrum Brands News

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

• Positive Sentiment: Q1 beats — Spectrum reported EPS of $1.40 vs. consensus $0.77 and revenue of $677M vs. $667.6M consensus; management reaffirmed its outlook, which supported the rally. Spectrum Brands Beats Q1 Earnings & Sales Estimates, Reaffirms View
• Positive Sentiment: $300M share repurchase — management unveiled a $300M buyback and reiterated fiscal‑2026 net‑sales growth targets, which reduces float and signals confidence from the board. Spectrum Brands outlines $300M share repurchase program and reiterates net sales growth targets for fiscal 2026 amid pet care recovery
• Positive Sentiment: Analyst support — Wells Fargo raised its price target to $80 (from $62) while keeping an Equal Weight rating; Royal Bank of Canada issued an Outperform, both boosting investor sentiment. Benzinga: Wells Fargo raises SPB price target to $80
• Positive Sentiment: Technical/market interest — IBD’s RS rating climbed to 72, indicating relative strength that can attract momentum investors. Spectrum Brands Holdings sees IBD RS rating climb to 72
• Neutral Sentiment: Full disclosure available — earnings call transcript and slide deck were posted, useful for digging into segment trends and margin drivers. Spectrum Brands Q1 2026 Earnings Call Transcript (Seeking Alpha)
• Negative Sentiment: Underlying weakness — revenue was down ~3.3% year‑over‑year and management flagged margin pressure in certain categories (pet care recovery still in progress), which tempers the beat and could limit upside if trends persist. Spectrum (SPB) Reports Q1 Earnings: What Key Metrics Have to Say

Analysts Set New Price Targets

Several equities research analysts have weighed in on SPB shares. Royal Bank Of Canada set a $85.00 price target on shares of Spectrum Brands in a research report on Friday. Wall Street Zen raised shares of Spectrum Brands from a “sell” rating to a “hold” rating in a research note on Tuesday, November 18th. Wells Fargo & Company increased their target price on shares of Spectrum Brands from $62.00 to $80.00 and gave the stock an “equal weight” rating in a report on Friday. Oppenheimer boosted their price target on Spectrum Brands from $75.00 to $85.00 and gave the company an “outperform” rating in a report on Friday. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Spectrum Brands in a research report on Monday, December 29th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $83.00.

Institutional Trading of Spectrum Brands

Several large investors have recently bought and sold shares of SPB. Pzena Investment Management LLC boosted its position in shares of Spectrum Brands by 66.8% during the third quarter. Pzena Investment Management LLC now owns 2,459,485 shares of the company’s stock valued at $129,197,000 after purchasing an additional 985,034 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Spectrum Brands by 374,119.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,196,666 shares of the company’s stock valued at $129,779,000 after buying an additional 2,196,079 shares in the last quarter. American Century Companies Inc. boosted its holdings in shares of Spectrum Brands by 14.5% during the 3rd quarter. American Century Companies Inc. now owns 2,052,850 shares of the company’s stock valued at $107,836,000 after buying an additional 260,085 shares in the last quarter. Callodine Capital Management LP grew its position in shares of Spectrum Brands by 26.7% in the 3rd quarter. Callodine Capital Management LP now owns 1,714,955 shares of the company’s stock worth $90,087,000 after buying an additional 360,898 shares during the period. Finally, Geode Capital Management LLC increased its stake in shares of Spectrum Brands by 39.6% in the 2nd quarter. Geode Capital Management LLC now owns 606,272 shares of the company’s stock worth $32,137,000 after acquiring an additional 172,132 shares in the last quarter.

Spectrum Brands Stock Performance

The company has a market capitalization of $1.76 billion, a PE ratio of 17.51 and a beta of 0.68. The business’s 50-day moving average is $62.17 and its 200-day moving average is $57.49. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.41 and a current ratio of 2.26.

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.