Spectrum Brands Holdings, Inc. operates as a branded consumer products company worldwide. The company's Hardware & Home Improvement segment offers hardware products under the National Hardware and FANAL brands; locksets and door hardware under the Kwikset, Weiser, Baldwin, EZSET, and Tell Manufacturing brands; and plumbing products under the Pfister brand. Its Home and Personal Care segment provides home appliances under the Black & Decker, Russell Hobbs, George Foreman, Toastmaster, Juiceman, Farberware, and Breadman brands; and personal care products under the Remington and LumaBella brands. The company's Global Pet Care segment provides rawhide chewing, dog and cat clean-up and food, training, health and grooming, small animal food and care, and rawhide-free products under the 8IN1 (8-in-1), Dingo, Nature's Miracle, Wild Harvest, Littermaid, Jungle, Excel, FURminator, IAMS, Eukanuba, Healthy-Hide, DreamBone, SmartBones, ProSense, Perfect Coat, eCOTRITION, Birdola, and Digest-eeze brands. This segment also offers aquarium kits, stand-alone tanks, and aquatics equipment and consumables under the Tetra, Marineland, Whisper, Instant Ocean, GloFish, OmegaOne, and OmegaSea brands. Its Home and Garden segment provides outdoor insect and weed control solutions, and animal repellents under the Spectracide, Garden Safe, Liquid Fence, and EcoLogic brands; household pest control solutions under the Hot Shot, Black Flag, Real-Kill, Ultra Kill, The Ant Trap, and Rid-A-Bug brand names; and personal-use pesticides and insect repellent products under the Cutter and Repel brands. The company sells its products through retailers, e-commerce and online retailers, wholesalers and distributors, construction companies, and original equipment manufacturers. Spectrum Brands Holdings, Inc. is headquartered in Middleton, Wisconsin.
IPO Year:
Exchange: NYSE
Website: spectrumbrands.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/10/2024 | $98.00 → $106.00 | Buy | Monness Crespi & Hardt |
| 2/9/2024 | $87.00 → $98.00 | Buy | Monness Crespi & Hardt |
| 2/9/2024 | $83.00 → $86.00 | Buy → Hold | Canaccord Genuity |
| 11/20/2023 | $90.00 → $73.00 | Overweight → Equal Weight | Wells Fargo |
| 8/23/2023 | $96.00 | Outperform | RBC Capital Mkts |
| 3/30/2023 | $82.00 | Buy | Canaccord Genuity |
| 3/30/2023 | Peer Perform | Wolfe Research | |
| 12/6/2022 | $70.00 | Buy → Hold | Deutsche Bank |
| 9/16/2022 | $100.00 → $70.00 | Buy | Monness Crespi & Hardt |
| 7/13/2022 | Mkt Perform | Raymond James |
10-K - Spectrum Brands Holdings, Inc. (0000109177) (Filer)
8-K - Spectrum Brands Holdings, Inc. (0000109177) (Filer)
10-Q - Spectrum Brands Holdings, Inc. (0000109177) (Filer)
8-K - Spectrum Brands Holdings, Inc. (0000109177) (Filer)
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8-K - Spectrum Brands Holdings, Inc. (0000109177) (Filer)
8-K - Spectrum Brands Holdings, Inc. (0000109177) (Filer)
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ARS - Spectrum Brands Holdings, Inc. (0000109177) (Filer)
DEF 14A - Spectrum Brands Holdings, Inc. (0000109177) (Filer)
Fourth Quarter Net Sales Increased 4.5% With Organic Net Sales Increase of 4.8% Fourth Quarter Net Income of $12.8 Million; Adjusted EBITDA of $68.9 Million Net of Incremental $25.9 Million of Brand Investments Full Year Net Sales Increased 1.5% with Organic Net Sales Increase of 1.5% Full Year Net Income of $99.3 Million; Adjusted EBITDA of $371.8 Million; Excluding Investment Income of $52.7 Million, Adjusted EBITDA of $319.1 Million Grew Over 20% In Spite of an Incremental $61.6 Million of Brand-Building Investments Fiscal 2024 Operating Cash Flow of $162.6 Million; Adjusted Free Cash Flow of $176.6 Million Returned $482.7 Million to Shareholders Through Share Repurchases
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 Holdings, Inc. Spectrum Brands is a home-essentials company with a mission to make living better at home. We focus on delivering innovative products and solutions to consumers for use in and around the home through our trusted brands. We
Spectrum Brands Holdings, Inc. (NYSE:SPB, "Spectrum Brands")), a leading global branded consumer products and home essentials company focused on driving innovation and providing exceptional customer service, announced today it will release its fiscal 2024 fourth quarter financial results for the period ended September 30, 2024 before the markets open on Friday, November 15. Spectrum Brands will conduct a live conference call and live webcast on November 15, 2024 at 9:00 a.m. Eastern Time (8:00 a.m. Central Time), which will be hosted by David Maura, Executive Chairman and Chief Executive Officer, and Jeremy Smeltser, Executive Vice President and Chief Financial Officer. The live webcast a
Net Sales Increased 6.0% Driven by Favorable Weather Conditions and Improved Retailer Inventory Health in Our Home & Garden Business Along with Continued Strength in E-Commerce Net Income From Continuing Operations of $19.1 Million and Adjusted EBITDA of $106.3 Million Improved by $191.3 million and $7.8 million, Respectively Excluding Investment Income of $12.7 million, Adjusted EBITDA was $93.6 million Improved and Simplified Capital Structure with Repayment of $1.174 Billion of Senior, Unsecured Bonds and Issuance of $350 Million Senior, Unsecured Exchangeable Bond with 3.375% Coupon; All Bond Covenants for HHI Proceeds Fully Satisfied New $500 Million Share Repurchase Autho
Spectrum Brands Holdings, Inc. (NYSE:SPB) announced that its Board of Directors today declared a quarterly dividend of $0.42 per share on the Common Stock of the Company. The dividend is payable on September 24, 2024 to shareholders of record as of August 27, 2024. About Spectrum Brands Holdings, Inc. Spectrum Brands is a home-essentials company with a mission to make living better at home. We focus on delivering innovative products and solutions to consumers for use in and around the home through our trusted brands. We are a leading supplier of specialty pet supplies, lawn and garden and home pest control products, personal insect repellents, shaving and grooming products, personal car
Spectrum Brands Holdings, Inc. (NYSE:SPB, "Spectrum Brands"))), a leading global branded consumer products and home essentials company focused on driving innovation and providing exceptional customer service, announced today it will release its fiscal 2024 third quarter financial results for the period ended June 30, 2024 before the markets open on Thursday, August 8. Spectrum Brands will conduct a live conference call and live webcast on August 8, 2024 at 9:00 a.m. Eastern Time (8:00 a.m. Central Time), which will be hosted by David Maura, Executive Chairman and Chief Executive Officer, and Jeremy Smeltser, Executive Vice President and Chief Financial Officer. The live webcast and rela
Spectrum Brands Holdings, Inc. (NYSE:SPB, "Spectrum Brands"))), a leading home essentials company focused on driving innovation and providing exceptional customer service, is pleased to announce that it has filed a confidential Form 10 registration statement with the U.S. Securities and Exchange Commission ("SEC") for the spin-off of its home and personal care ("HPC") business. As previously announced, Spectrum Brands has accelerated its efforts to separate its HPC business from its remaining businesses through a spin-off, sale, merger or other strategic transaction. The filing of the confidential Form 10 registration statement with the SEC represents an important step forward in this pro
Spectrum Brands Holdings, Inc. (NYSE:SPB), a leading global branded consumer products and home essentials company focused on driving innovation and providing exceptional customer service, announced today (i) the pricing and accepted tender amounts for the previously announced tender offer, as amended and supplemented by Spectrum Brands' press release dated June 4, 2024 (the "Tender Offer"), to purchase for cash by its wholly-owned subsidiary, Spectrum Brands, Inc. ("Spectrum Brands"), of up to an aggregate principal amount of its outstanding 4.00% Senior Notes due 2026 (the "2026 Notes" or the "Euro Notes"), 5.00% Senior Notes due 2029 (the "2029 Notes"), 5.50% Senior Notes due 2030 (the "2
Spectrum Brands Holdings, Inc. (NYSE:SPB), a leading global branded consumer products and home essentials company focused on driving innovation and providing exceptional customer service, announced today (i) the early tender results for the previously announced tender offer (the "Tender Offer") to purchase for cash by its wholly-owned subsidiary, Spectrum Brands, Inc. ("Spectrum Brands"), of up to an aggregate principal amount of its outstanding 4.00% Senior Notes due 2026 (the "2026 Notes" or the "Euro Notes"), 5.00% Senior Notes due 2029 (the "2029 Notes"), 5.50% Senior Notes due 2030 (the "2030 Notes") and 3.875% Senior Notes due 2031 (the "2031 Notes" and, together with the 2026 Notes,
Spectrum Brands Holdings, Inc. (NYSE:SPB, "Parent"))), announced today that its wholly-owned subsidiary, Spectrum Brands, Inc. ("Spectrum Brands" or the "Company") has priced its private offering of $300 million in aggregate principal amount of its 3.375% exchangeable senior notes due 2029 (the "Exchangeable Notes") in a private placement (the "Offering") to eligible purchasers under Rule 144A of the Securities Act of 1933, as amended (the "Securities Act"). The Company intends to use the net proceeds from the Offering (i) to fund the $21.6 million cost of entering into the capped call transactions (as described below), (ii) to repurchase approximately $50 million of shares of common stoc
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SC 13G/A - Spectrum Brands Holdings, Inc. (0000109177) (Subject)
SC 13G/A - Spectrum Brands Holdings, Inc. (0000109177) (Subject)
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4 - Spectrum Brands Holdings, Inc. (0000109177) (Issuer)
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4 - Spectrum Brands Holdings, Inc. (0000109177) (Issuer)
4 - Spectrum Brands Holdings, Inc. (0000109177) (Issuer)
4 - Spectrum Brands Holdings, Inc. (0000109177) (Issuer)
4 - Spectrum Brands Holdings, Inc. (0000109177) (Issuer)
4 - Spectrum Brands Holdings, Inc. (0000109177) (Issuer)
4 - Spectrum Brands Holdings, Inc. (0000109177) (Issuer)
4 - Spectrum Brands Holdings, Inc. (0000109177) (Issuer)
Fourth Quarter Net Sales Increased 4.5% With Organic Net Sales Increase of 4.8% Fourth Quarter Net Income of $12.8 Million; Adjusted EBITDA of $68.9 Million Net of Incremental $25.9 Million of Brand Investments Full Year Net Sales Increased 1.5% with Organic Net Sales Increase of 1.5% Full Year Net Income of $99.3 Million; Adjusted EBITDA of $371.8 Million; Excluding Investment Income of $52.7 Million, Adjusted EBITDA of $319.1 Million Grew Over 20% In Spite of an Incremental $61.6 Million of Brand-Building Investments Fiscal 2024 Operating Cash Flow of $162.6 Million; Adjusted Free Cash Flow of $176.6 Million Returned $482.7 Million to Shareholders Through Share Repurchases
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 Holdings, Inc. Spectrum Brands is a home-essentials company with a mission to make living better at home. We focus on delivering innovative products and solutions to consumers for use in and around the home through our trusted brands. We
Spectrum Brands Holdings, Inc. (NYSE:SPB, "Spectrum Brands")), a leading global branded consumer products and home essentials company focused on driving innovation and providing exceptional customer service, announced today it will release its fiscal 2024 fourth quarter financial results for the period ended September 30, 2024 before the markets open on Friday, November 15. Spectrum Brands will conduct a live conference call and live webcast on November 15, 2024 at 9:00 a.m. Eastern Time (8:00 a.m. Central Time), which will be hosted by David Maura, Executive Chairman and Chief Executive Officer, and Jeremy Smeltser, Executive Vice President and Chief Financial Officer. The live webcast a
Net Sales Increased 6.0% Driven by Favorable Weather Conditions and Improved Retailer Inventory Health in Our Home & Garden Business Along with Continued Strength in E-Commerce Net Income From Continuing Operations of $19.1 Million and Adjusted EBITDA of $106.3 Million Improved by $191.3 million and $7.8 million, Respectively Excluding Investment Income of $12.7 million, Adjusted EBITDA was $93.6 million Improved and Simplified Capital Structure with Repayment of $1.174 Billion of Senior, Unsecured Bonds and Issuance of $350 Million Senior, Unsecured Exchangeable Bond with 3.375% Coupon; All Bond Covenants for HHI Proceeds Fully Satisfied New $500 Million Share Repurchase Autho
Spectrum Brands Holdings, Inc. (NYSE:SPB) announced that its Board of Directors today declared a quarterly dividend of $0.42 per share on the Common Stock of the Company. The dividend is payable on September 24, 2024 to shareholders of record as of August 27, 2024. About Spectrum Brands Holdings, Inc. Spectrum Brands is a home-essentials company with a mission to make living better at home. We focus on delivering innovative products and solutions to consumers for use in and around the home through our trusted brands. We are a leading supplier of specialty pet supplies, lawn and garden and home pest control products, personal insect repellents, shaving and grooming products, personal car
Spectrum Brands Holdings, Inc. (NYSE:SPB, "Spectrum Brands"))), a leading global branded consumer products and home essentials company focused on driving innovation and providing exceptional customer service, announced today it will release its fiscal 2024 third quarter financial results for the period ended June 30, 2024 before the markets open on Thursday, August 8. Spectrum Brands will conduct a live conference call and live webcast on August 8, 2024 at 9:00 a.m. Eastern Time (8:00 a.m. Central Time), which will be hosted by David Maura, Executive Chairman and Chief Executive Officer, and Jeremy Smeltser, Executive Vice President and Chief Financial Officer. The live webcast and rela
Net Sales Decreased 1.5% Driven by Lower Consumer Demand in Home Appliances, Aquatics Particularly in North America and the Impact of SKU Rationalizations, Offset by Strong POS in Controls Due to Favorable Weather Trends Net Income From Continuing Operations of $49.9 Million and Adjusted EBITDA of $112.3 Million Improved by $124.9 million and $61.3 million, Respectively Excluding Investment Income of $17.0 million, Adjusted EBITDA was $95.3 million Repurchased 1.2 million Shares in Q2 for $98 million Repurchased 12.1 Million Shares Since the Close of HHI Through Today for $920 Million Entered into New Long-Term Black & Decker License Agreement Updating Fiscal 2024 Earning
Spectrum Brands Holdings, Inc. (NYSE:SPB) announced that its Board of Directors today declared a quarterly dividend of $0.42 per share on the Common Stock of the Company. The dividend is payable on June 18, 2024 to shareholders of record as of May 28, 2024. About Spectrum Brands Holdings, Inc. Spectrum Brands Holdings is a home-essentials company with a mission to make living better at home. We focus on delivering innovative products and solutions to consumers for use in and around the home through our trusted brands. We are a leading supplier of specialty pet supplies, lawn and garden and home pest control products, personal insect repellents, shaving and grooming products, personal ca
Spectrum Brands Holdings, Inc. (NYSE:SPB, "Spectrum Brands"))), a leading global branded consumer products and home essentials company focused on driving innovation and providing exceptional customer service, announced today it will release its fiscal 2024 second quarter financial results for the period ended March 31, 2024 before the markets open on Thursday, May 9. Spectrum Brands will conduct a live conference call and live webcast on May 9, 2024 at 9:00 a.m. Eastern Time (8:00 a.m. Central Time), which will be hosted by David Maura, Executive Chairman and Chief Executive Officer, and Jeremy Smeltser, Executive Vice President and Chief Financial Officer. The live webcast and related
Net Sales Decreased 3.0% Driven by Lower Consumer Demand in North American Small Kitchen Appliances and the Impact of SKU Rationalizations, Offset by Favorable Foreign Currency and Positive Pricing Adjustments Net Income from Continuing Operations of $17.5 Million and Adjusted EBITDA of $84.3 Million improved by $57.5 million and $44.5 million, respectively Excluding Investment Income of $23.0 million, Adjusted EBITDA was $61.3 million Repurchased 3.3 million shares in Q1 for $243 million Repurchased 11.0 million shares since the close of HHI through today for $826 million Maintaining Fiscal 2024 Earnings Framework and Continue to Expect Net Sales to Decline Low Single-Digit
Wells Fargo analyst Chris Carey maintains Spectrum Brands Holdings (NYSE:SPB) with a Equal-Weight and lowers the price target from $95 to $87.
As previously announced, Spectrum Brands has accelerated its efforts to separate its HPC business from its remaining businesses through a spin-off, sale, merger or other strategic transaction.
Analysts' ratings for Spectrum Brands Holdings (NYSE:SPB) over the last quarter vary from bullish to bearish, as provided by 7 analysts. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 3 4 0 0 Last 30D 0 0 1 0 0 1M Ago 0 1 0 0 0 2M Ago 0 2 3 0 0 3M Ago 0 0 0 0 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $101.57, with a high estimate of $115.00 and a low estimate of $90.00. This upward trend is apparent, with the cur
Canaccord Genuity analyst Brian McNamara maintains Spectrum Brands Holdings (NYSE:SPB) with a Hold and lowers the price target from $92 to $90.
Throughout the last three months, 6 analysts have evaluated Spectrum Brands Holdings (NYSE:SPB), offering a diverse set of opinions from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 3 3 0 0 Last 30D 0 1 0 0 0 1M Ago 0 2 3 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 0 0 0 Analysts have recently evaluated Spectrum Brands Holdings and provided 12-month price targets. The average target is $103.5, accompanied by a high estimate of $115.00 and a low estimate of $91.
RBC Capital analyst Nik Modi reiterates Spectrum Brands Holdings (NYSE:SPB) with a Outperform and maintains $114 price target.
The Company intends to use the net proceeds from the Offering (i) to fund the $21.6 million cost of entering into the capped call transactions (as described below), (ii) to repurchase approximately $50 million of shares of common stock of Parent ("Parent Common Stock") concurrently with the pricing of the offering of the Exchangeable Notes in privately negotiated transactions effected through one of the initial purchasers or its affiliates and (iii) for general corporate purposes.
Spectrum Brands Holdings, Inc. (NYSE:SPB, ", Parent", ))))), announced today that its wholly-owned subsidiary, Spectrum Brands, Inc. ("Spectrum Brands" or the "Company") intends to offer, subject to market and other conditions, $300 million in aggregate principal amount of exchangeable senior notes due 2029 (the "Exchangeable Notes") and a share repurchase plan. The Company intends to use a portion of the net proceeds of the Exchangeable Notes offering (i) to fund the cost of entering into the capped call transactions (as described below), (ii) to repurchase up to $100 million of shares of common stock of Parent ("Parent Common Stock") concurrently with the pricing of the offering of the Ex
Canaccord Genuity analyst Brian McNamara maintains Spectrum Brands Holdings (NYSE:SPB) with a Hold and raises the price target from $86 to $92.
Deutsche Bank analyst Steve Powers maintains Spectrum Brands Holdings (NYSE:SPB) with a Hold and raises the price target from $85 to $91.
Monness Crespi & Hardt reiterated coverage of Spectrum Brands with a rating of Buy and set a new price target of $106.00 from $98.00 previously
Monness Crespi & Hardt reiterated coverage of Spectrum Brands with a rating of Buy and set a new price target of $98.00 from $87.00 previously
Canaccord Genuity downgraded Spectrum Brands from Buy to Hold and set a new price target of $86.00 from $83.00 previously
Wells Fargo downgraded Spectrum Brands from Overweight to Equal Weight and set a new price target of $73.00 from $90.00 previously
RBC Capital Mkts resumed coverage of Spectrum Brands with a rating of Outperform and set a new price target of $96.00
Canaccord Genuity initiated coverage of Spectrum Brands with a rating of Buy and set a new price target of $82.00
Wolfe Research initiated coverage of Spectrum Brands with a rating of Peer Perform
Deutsche Bank downgraded Spectrum Brands from Buy to Hold and set a new price target of $70.00
Monness Crespi & Hardt reiterated coverage of Spectrum Brands with a rating of Buy and set a new price target of $70.00 from $100.00 previously
Raymond James initiated coverage of Spectrum Brands with a rating of Mkt Perform
4 - Spectrum Brands Holdings, Inc. (0000109177) (Issuer)
4 - Spectrum Brands Holdings, Inc. (0000109177) (Issuer)