Spectrum Brands
About: Spectrum Brands Holdings Inc is consumer products and home essentials company. The company is a supplier of consumer batteries, residential locksets, residential builders' hardware, grooming products and personal care products. The company manages the businesses in product-focused segments; Home and Personal Care, global Pet Care, and Home and Garden. The Company manufactures, markets and distributes its products globally in the North America, Europe, Middle East & Africa, Latin America, and Asia-Pacific.
Employees: 3,100
0
Funds holding %
of 6,812 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
82% more call options, than puts
Call options by funds: $74.5M | Put options by funds: $40.9M
67% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 33
8% more funds holding
Funds holding: 283 [Q2] → 305 (+22) [Q3]
7% more capital invested
Capital invested by funds: $2.31B [Q2] → $2.48B (+$167M) [Q3]
0.81% more ownership
Funds ownership: 92.52% [Q2] → 93.33% (+0.81%) [Q3]
18% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 106
50% less funds holding in top 10
Funds holding in top 10: 4 [Q2] → 2 (-2) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$94
12%
upside
Avg. target
$94
12%
upside
High target
$94
12%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Canaccord Genuity Brian McNamara 56% 1-year accuracy 24 / 43 met price target | 12%upside $94 | Hold Maintained | 18 Nov 2024 |
Financial journalist opinion
Negative
Zacks Investment Research
1 month ago
SPB Q4 Earnings Miss Estimates, Organic Sales Increase 4.8% Y/Y
Spectrum Brands posts soft earnings results for fourth-quarter fiscal 2024. Sales rise 4.5% year over year on higher organic sales.
Negative
Investopedia
1 month ago
Spectrum Brands' Stock Falls as Remington Parent's Earnings Miss Estimates
Spectrum Brands (SPB) shares fell Friday after the parent company of Remington and George Foreman brands posted lower-than-estimated earnings per share and a muted sales outlook for the upcoming year.
Neutral
Seeking Alpha
1 month ago
Spectrum Brands Holdings, Inc. (SPB) Q4 2024 Earnings Call Transcript
Spectrum Brands Holdings, Inc. (NYSE:SPB ) Q4 2024 Earnings Conference Call November 15, 2024 9:00 AM ET Company Participants Joanne Chomiak - Senior Vice President & Treasury David Maura - Chairman & Chief Executive Officer Jeremy Smeltser - Chief Financial Officer Conference Call Participants Peter Grom - UBS Bob Labick - CJS Securities Chris Carey - Wells Fargo Securities Operator Good day, and thank you for standing by. Welcome to Quarter Four 2024 Spectrum Brands Holdings, Inc. Earnings Conference Call.
Negative
Zacks Investment Research
1 month ago
Spectrum Brands (SPB) Q4 Earnings Miss Estimates
Spectrum Brands (SPB) came out with quarterly earnings of $0.97 per share, missing the Zacks Consensus Estimate of $1.13 per share. This compares to earnings of $1.36 per share a year ago.
Negative
Market Watch
1 month ago
Spectrum Brands' stock slides as profit lags estimates
“Challenging economic and geopolitical conditions” are impacting consumer demand, according to its CEO.
Neutral
Business Wire
1 month ago
Spectrum Brands Holdings Reports Fiscal 2024 Fourth Quarter
MIDDLETON, Wis.--(BUSINESS WIRE)--Spectrum Brands Holdings, Inc. (NYSE: SPB; “Spectrum Brands” or the “Company”), a leading global branded consumer products and home essentials company focused on driving innovation and providing exceptional customer service, today reported results from continuing operations for the fourth quarter ended September 30, 2024. “The team and I are proud of our fourth quarter and fiscal 2024 results. We exceeded our annual operating plans on virtually every metric and.
Positive
Zacks Investment Research
1 month ago
Spectrum Brands Raises Quarterly Dividend: What it Means for Investors
SPB's strategy of regularly increasing dividends not only bolsters shareholder income but also reinforces investor confidence in the company.
Positive
Benzinga
1 month ago
How To Earn $500 A Month From Spectrum Brands Stock Ahead Of Q4 Earnings
Spectrum Brands Holdings, Inc. SPB will release earnings results for the fiscal fourth quarter, before the opening bell, on Friday, Nov. 15.
Neutral
Business Wire
1 month ago
Spectrum Brands Holdings Announces a 12% Increase in Dividend Payout, Declares Quarterly Common Stock Dividend of $0.47 Per Share
MIDDLETON, Wis.--(BUSINESS WIRE)--Spectrum Brands Holdings, Inc. (NYSE: SPB) announced that its Board of Directors today approved a 12% increase in its dividend payout, and declared a quarterly dividend of $0.47 per share on the Common Stock of the Company. This new quarterly dividend rate represents an annualized dividend yield of 2% based on today's closing stock price. The dividend is payable on December 17, 2024 to shareholders of record as of November 26, 2024. About Spectrum Brands Holdin.
Neutral
Zacks Investment Research
1 month ago
Countdown to Spectrum (SPB) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
Get a deeper insight into the potential performance of Spectrum (SPB) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
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