Spectrum Brands (NYSE:SPB) Issues Quarterly Earnings Results

Spectrum Brands (NYSE:SPB) posted its quarterly earnings results on Thursday. The company reported $1.40 EPS for the quarter, topping analysts’ consensus estimates of $0.77 by $0.63, FiscalAI reports. Spectrum Brands had a return on equity of 7.29% and a net margin of 3.56%.The company had revenue of $677.00 million during the quarter, compared to analysts’ expectations of $667.59 million. During the same quarter in the previous year, the firm earned $1.02 EPS. Spectrum Brands’s revenue was down 3.3% on a year-over-year basis.

Here are the key takeaways from Spectrum Brands’ conference call:

• Generated strong first-quarter cash flow (nearly $60 million of adjusted free cash flow), repurchased ~800,000 shares year-to-date (~$42.3M) and received board authorization for a new $300 million share buyback, while maintaining low leverage (net leverage 1.65x) and $126.6M cash.
• Global Pet Care returned to growth (organic net sales +5.8%), with key companion-animal brands gaining share and an active innovation pipeline that management expects will drive continued top-line and market-share gains.
• Home & Garden reported a large decline (Q1 net sales -19.8%) largely due to last year’s accelerated seasonal inventory builds, but management says POS momentum and new product launches position H&G to be the fastest-growing business later in the year.
• Home & Personal Care remains under pressure (organic net sales -11.1%), with tariff-related price impacts, retailer inventory issues and expected full-year unit declines in HPC as the company prioritizes profitability and pursues a strategic solution for the business.
• The company reiterated FY26 guidance (net sales flat to +low single digits, Adjusted EBITDA low-single-digit growth, ~50% Adj. EBITDA-to-Adj. FCF conversion), while emphasizing ERP S/4HANA deployments, cost discipline and selective M&A readiness.

Spectrum Brands Stock Performance

Spectrum Brands stock traded up $6.79 during trading on Thursday, hitting $75.23. The stock had a trading volume of 671,916 shares, compared to its average volume of 361,830. The company has a quick ratio of 1.41, a current ratio of 2.26 and a debt-to-equity ratio of 0.29. Spectrum Brands has a 1 year low of $49.99 and a 1 year high of $81.97. The stock has a market cap of $1.75 billion, a price-to-earnings ratio of 19.02 and a beta of 0.68. The stock’s 50 day moving average is $61.52 and its two-hundred day moving average is $57.22.

Spectrum Brands Dividend Announcement

The business also recently announced 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 is presently 47.47%.

Analysts Set New Price Targets

A number of research analysts have commented on SPB shares. Canaccord Genuity Group upped their target price on shares of Spectrum Brands from $75.00 to $84.00 and gave the company a “buy” rating in a research report on Monday, November 17th. Wells Fargo & Company increased their price target on shares of Spectrum Brands from $55.00 to $62.00 and gave the stock an “equal weight” rating in a research report on Friday, November 14th. Wall Street Zen raised Spectrum Brands from a “sell” rating to a “hold” rating in a report on Tuesday, November 18th. Weiss Ratings restated a “hold (c)” rating on shares of Spectrum Brands in a report on Monday, December 29th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $75.00 price objective on shares of Spectrum Brands in a research note on Tuesday. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $77.00.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of SPB. Northwestern Mutual Wealth Management Co. raised 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 in the last quarter. Headlands Technologies LLC bought a new position in Spectrum Brands in the 2nd quarter worth about $41,000. Quarry LP purchased a new stake in Spectrum Brands in the third quarter worth approximately $51,000. Raymond James Financial Inc. bought a new position in Spectrum Brands during the second quarter valued at approximately $103,000. Finally, Tower Research Capital LLC TRC raised its position in Spectrum Brands by 1,405.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,408 shares of the company’s stock worth $128,000 after buying an additional 2,248 shares during the last quarter.

Key Stories Impacting Spectrum Brands

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

• Positive Sentiment: Q1 EPS and revenue topped estimates — Spectrum reported $1.40 EPS vs. consensus $0.77 and revenue of $677M vs. $667.6M expected; EPS rose vs. $1.02 a year ago, signaling better-than-expected profitability. Spectrum Brands (SPB) Q1 Earnings and Revenues Top Estimates
• Positive Sentiment: Company highlighted strong contributions from its most profitable businesses and Adjusted EBITDA in the Q1 release, pointing to margin and operating improvements that support the beat. Spectrum Brands Holdings Reports Fiscal 2026 First Quarter Results
• Positive Sentiment: Board declared a quarterly dividend of $0.47 per share (payable Mar 10; ex-div Feb 17), maintaining cash return to shareholders and supporting investor income thesis (≈2.8% yield). Spectrum Brands Holdings Declares Quarterly Common Stock Dividend
• Positive Sentiment: Royal Bank of Canada assigned an “Outperform” rating, which can attract buy-side interest and add upward pressure on the stock. Spectrum Brands (NYSE:SPB) Earns “Outperform” Rating from Royal Bank Of Canada
• Neutral Sentiment: Company posted investor materials (press release, slide deck, conference call) for Q1 giving analysts more detail to model forward earnings and cash flow — useful but outcome-dependent. View Press Release / Slide Deck
• Neutral Sentiment: Analyst preview/coverage pieces circulated ahead of results; these set expectations but are secondary to the actual beat and guidance. Q4 Earnings Report Preview: What To Look For
• Negative Sentiment: Revenue was down ~3.3% year-over-year and net margin held around 3.6%, indicating top-line pressure and modest profitability despite the EPS beat — a risk if the company cannot sustain revenue growth. Listen to Conference Call / Earnings Details

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.