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
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
83% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 30
82% more call options, than puts
Call options by funds: $74.5M | Put options by funds: $40.9M
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
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
UBS Peter Grom 33% 1-year accuracy 7 / 21 met price target | 32%upside $109 | Buy Maintained | 16 Jan 2025 |
Wells Fargo Chris Carey 44% 1-year accuracy 19 / 43 met price target | 7%upside $88 | Equal-Weight Maintained | 7 Jan 2025 |
Canaccord Genuity Brian McNamara 58% 1-year accuracy 26 / 45 met price target | 14%upside $94 | Hold Maintained | 18 Nov 2024 |
Financial journalist opinion
Based on 5 articles about SPB published over the past 30 days