Spectrum Brands (NYSE:SPB) Shares Gap Up Following Strong Earnings

Spectrum Brands Holdings Inc. (NYSE:SPB)’s share price gapped up prior to trading on Thursday following a stronger than expected earnings report. The stock had previously closed at $68.44, but opened at $73.01. Spectrum Brands shares last traded at $73.4950, with a volume of 146,798 shares trading hands.

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

Spectrum Brands Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th will be issued a $0.47 dividend. The ex-dividend date is Tuesday, February 17th. This represents a $1.88 annualized dividend and a yield of 2.5%. Spectrum Brands’s dividend payout ratio (DPR) is currently 47.47%.

Key Headlines Impacting Spectrum Brands

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

Analyst Ratings Changes

A number of research firms have issued reports on SPB. Royal Bank Of Canada set a $85.00 target price on shares of Spectrum Brands in a research report on Friday. Wells Fargo & Company boosted their price target on shares of Spectrum Brands from $62.00 to $80.00 and gave the stock an “equal weight” rating in a research note 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. Weiss Ratings reiterated a “hold (c)” rating on shares of Spectrum Brands in a research report on Monday, December 29th. Finally, Oppenheimer increased their price target on Spectrum Brands from $75.00 to $85.00 and gave the company an “outperform” rating 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 company’s stock. According to MarketBeat, Spectrum Brands currently has an average rating of “Moderate Buy” and an average price target of $83.00.

Institutional Trading of Spectrum Brands

Several hedge funds have recently added to or reduced their stakes in SPB. ProShare Advisors LLC lifted its holdings in Spectrum Brands by 3.1% during the fourth quarter. ProShare Advisors LLC now owns 4,721 shares of the company’s stock worth $279,000 after acquiring an additional 140 shares in the last quarter. Nisa Investment Advisors LLC grew its position in shares of Spectrum Brands by 13.9% in 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 period. Blue Trust Inc. increased its stake in Spectrum Brands by 44.8% during the 2nd quarter. Blue Trust Inc. now owns 1,060 shares of the company’s stock worth $56,000 after purchasing an additional 328 shares in the last quarter. Farther Finance Advisors LLC raised its holdings 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 buying an additional 335 shares during the period. Finally, CWM LLC boosted its holdings in shares of Spectrum Brands by 58.2% in the fourth quarter. CWM LLC now owns 1,237 shares of the company’s stock valued at $73,000 after buying an additional 455 shares during the period.

Spectrum Brands Price Performance

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

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.