Spectrum Brands Holdings Inc. $SPB Shares Acquired by Manning & Napier Advisors LLC
by Doug Wharley · The Cerbat GemManning & Napier Advisors LLC lifted its stake in Spectrum Brands Holdings Inc. (NYSE:SPB – Free Report) by 9.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 300,000 shares of the company’s stock after purchasing an additional 25,000 shares during the period. Manning & Napier Advisors LLC’s holdings in Spectrum Brands were worth $17,724,000 as of its most recent SEC filing.
Other institutional investors have also recently added to or reduced their stakes in the company. Crestwood Advisors Group LLC acquired a new position in Spectrum Brands during the fourth quarter worth about $264,000. Sequoia Financial Advisors LLC acquired a new stake in shares of Spectrum Brands during the 4th quarter valued at approximately $239,000. New York State Teachers Retirement System purchased a new stake in shares of Spectrum Brands during the 4th quarter worth approximately $129,000. Verity Asset Management Inc. boosted its stake in shares of Spectrum Brands by 7.4% during the 4th quarter. Verity Asset Management Inc. now owns 7,434 shares of the company’s stock worth $439,000 after acquiring an additional 509 shares in the last quarter. Finally, Interchange Capital Partners LLC acquired a new stake in shares of Spectrum Brands in the 4th quarter worth approximately $221,000.
Wall Street Analysts Forecast Growth
SPB has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $81.00 price objective on shares of Spectrum Brands in a research note on Friday. Oppenheimer upped their target price on Spectrum Brands from $75.00 to $85.00 and gave the company an “outperform” rating in a report on Friday, February 6th. Royal Bank Of Canada set a $85.00 price target on Spectrum Brands in a research report on Friday, February 6th. Canaccord Genuity Group lifted their price target on Spectrum Brands from $94.00 to $100.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Weiss Ratings upgraded shares of Spectrum Brands from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, April 24th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $86.17.
Get Our Latest Stock Analysis on SPB
Spectrum Brands News Summary
Here are the key news stories impacting Spectrum Brands this week:
- Positive Sentiment: Spectrum Brands reported fiscal Q2 earnings of $1.25 per share, ahead of the $1.04 consensus estimate, on revenue of $708.9 million versus $676.45 million expected, with sales up 4.9% year over year. Spectrum Brands Holdings Reports Fiscal 2026 Second Quarter Results
- Positive Sentiment: The company said it returned to top-line growth and raised confidence in its operating momentum, with strength in Pet Care and Home & Garden helping drive the beat. Spectrum Brands Beats Q2 Earnings on Pet Care and H&G Strength
- Positive Sentiment: Spectrum Brands announced a strategic Oaktree investment in its Home and Personal Care unit, and said it now expects low- to mid-single-digit adjusted EBITDA growth, suggesting added financial flexibility and a clearer path to value creation. Spectrum Brands Announces Strategic Oaktree Investment in HPC Unit
- Neutral Sentiment: Management’s earnings call and post-earnings coverage largely reinforced the same message: better-than-expected results, improving trends, and an updated outlook, but no major new guidance beyond the Oaktree transaction. Spectrum Brands Holdings, Inc. (SPB) Q2 2026 Earnings Call Transcript
Spectrum Brands Trading Up 3.3%
Shares of SPB opened at $81.23 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.21 and a quick ratio of 1.38. The firm has a 50 day simple moving average of $77.87 and a 200-day simple moving average of $67.56. Spectrum Brands Holdings Inc. has a 1-year low of $49.99 and a 1-year high of $86.96. The stock has a market cap of $1.88 billion, a price-to-earnings ratio of 15.50, a price-to-earnings-growth ratio of 2.65 and a beta of 0.67.
Spectrum Brands (NYSE:SPB – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported $1.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.04 by $0.21. The firm had revenue of $708.90 million for the quarter, compared to analyst estimates of $676.45 million. Spectrum Brands had a return on equity of 8.23% and a net margin of 4.47%.Spectrum Brands’s revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.68 EPS. Equities analysts forecast that Spectrum Brands Holdings Inc. will post 4.9 EPS for the current fiscal year.
Spectrum Brands Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 16th. Stockholders of record on Tuesday, May 26th will be issued a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Tuesday, May 26th. Spectrum Brands’s payout ratio is 43.42%.
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.
See Also
Want to see what other hedge funds are holding SPB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Spectrum Brands Holdings Inc. (NYSE:SPB – Free Report).