Spectrum Brands (NYSE:SPB) Issues Earnings Results, Beats Expectations By $0.63 EPS

Spectrum Brands (NYSE:SPB) posted its quarterly earnings results on Thursday. The company reported $1.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.77 by $0.63, FiscalAI reports. The business 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 firm’s revenue for the quarter was down 3.3% on a year-over-year basis. During the same period in the prior year, the business earned $1.02 EPS.

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 Price Performance

Spectrum Brands stock opened at $75.81 on Friday. The stock has a market cap of $1.76 billion, a P/E ratio of 17.51 and a beta of 0.68. The company has a quick ratio of 1.41, a current ratio of 2.26 and a debt-to-equity ratio of 0.29. The company’s 50 day moving average price is $62.17 and its two-hundred day moving average price is $57.49. Spectrum Brands has a 52 week low of $49.99 and a 52 week high of $80.28.

Spectrum Brands Announces Dividend

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

Key Stories 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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of SPB. CIBC Bancorp USA Inc. bought a new position in Spectrum Brands in the 3rd quarter valued at $239,000. PharVision Advisers LLC purchased a new position in shares of Spectrum Brands in the 3rd quarter worth about $305,000. Verition Fund Management LLC grew its position in Spectrum Brands by 180.2% during the third quarter. Verition Fund Management LLC now owns 148,451 shares of the company’s stock valued at $7,798,000 after buying an additional 95,480 shares during the period. Verity Asset Management Inc. grew its position in Spectrum Brands by 62.3% during the third quarter. Verity Asset Management Inc. now owns 6,925 shares of the company’s stock valued at $364,000 after buying an additional 2,658 shares during the period. Finally, Quarry LP purchased a new stake in Spectrum Brands during the third quarter worth about $51,000.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on SPB. Wall Street Zen raised Spectrum Brands from a “sell” rating to a “hold” rating in a research report on Tuesday, November 18th. Canaccord Genuity Group upped their price objective on shares of Spectrum Brands from $75.00 to $84.00 and gave the stock a “buy” rating in a report on Monday, November 17th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Spectrum Brands in a research note on Monday, December 29th. Royal Bank Of Canada set a $85.00 target price on shares of Spectrum Brands in a research report on Friday. Finally, Wells Fargo & Company raised their price target on shares of Spectrum Brands from $62.00 to $80.00 and gave the company an “equal weight” rating in a research report on Friday. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Spectrum Brands has an average rating of “Moderate Buy” and a consensus price target of $83.00.

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.