Wells Fargo & Company Forecasts Strong Price Appreciation for Spectrum Brands (NYSE:SPB) Stock

Spectrum Brands (NYSE:SPB) had its price objective lifted by stock analysts at Wells Fargo & Company from $62.00 to $80.00 in a report issued on Friday,Benzinga reports. The firm currently has an “equal weight” rating on the stock. Wells Fargo & Company‘s price objective suggests a potential upside of 4.97% from the company’s current price.

A number of other equities research analysts have also weighed in on the company. Oppenheimer reiterated an “outperform” rating and issued a $85.00 price objective on shares of Spectrum Brands in a research report on Friday. Canaccord Genuity Group raised their target price on shares of Spectrum Brands from $75.00 to $84.00 and gave the stock a “buy” rating in a research report on Monday, November 17th. Weiss Ratings reissued a “hold (c)” rating on shares of Spectrum Brands in a research note on Monday, December 29th. Wall Street Zen raised Spectrum Brands from a “sell” rating to a “hold” rating in a research report on Tuesday, November 18th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $75.00 price objective on shares of Spectrum Brands in a report on Tuesday. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Spectrum Brands has an average rating of “Moderate Buy” and an average price target of $83.00.

Spectrum Brands Stock Up 1.0%

Shares of SPB traded up $0.79 during trading hours on Friday, reaching $76.22. 112,545 shares of the stock traded hands, compared to its average volume of 366,185. The company has a current ratio of 2.26, a quick ratio of 1.41 and a debt-to-equity ratio of 0.29. The company has a market cap of $1.77 billion, a price-to-earnings ratio of 19.18 and a beta of 0.68. Spectrum Brands has a 52 week low of $49.99 and a 52 week high of $80.28. The stock has a fifty day simple moving average of $61.84 and a 200 day simple moving average of $57.35.

Spectrum Brands (NYSE:SPB) last issued its quarterly earnings results on Thursday, February 5th. The company reported $1.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.63. Spectrum Brands had a net margin of 3.56% and a return on equity of 7.29%. The company had revenue of $677.00 million during the quarter, compared to analyst estimates of $667.59 million. During the same quarter last year, the business posted $1.02 EPS. Spectrum Brands’s quarterly revenue was down 3.3% compared to the same quarter last year. On average, equities analysts forecast that Spectrum Brands will post 5.06 EPS for the current year.

Hedge Funds Weigh In On Spectrum Brands

Hedge funds and other institutional investors have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. increased its position in 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 acquiring an additional 579 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in shares of Spectrum Brands by 111.7% during the 4th quarter. Farther Finance Advisors LLC now owns 635 shares of the company’s stock valued at $38,000 after buying an additional 335 shares in the last quarter. Headlands Technologies LLC purchased a new position in shares of Spectrum Brands in the second quarter valued at about $41,000. SJS Investment Consulting Inc. purchased a new position in Spectrum Brands in the 3rd quarter worth approximately $47,000. Finally, State of Alaska Department of Revenue bought a new position in shares of Spectrum Brands during the third quarter worth $49,000.

Key Spectrum Brands News

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

• Positive Sentiment: Q1 results materially beat estimates: adjusted EPS $1.40 vs. consensus ~$0.77 and revenue of $677M vs. ~$667.6M; management highlighted strength in its higher‑margin businesses which supported EBITDA. Spectrum Brands Holdings Reports Fiscal 2026 First Quarter Results
• Positive Sentiment: Company announced a $300M share repurchase program and reiterated fiscal‑2026 net‑sales growth targets, citing recovery in pet care — supports capital return and EPS leverage. Spectrum Brands outlines $300M share repurchase program and reiterates net sales growth targets for fiscal 2026 amid pet care recovery
• Positive Sentiment: Street recognition/technicals improved: RBC issued an Outperform and IBD Relative Strength rating climbed to 72 — may attract momentum and growth‑oriented buyers. Spectrum Brands (NYSE:SPB) Earns “Outperform” Rating from Royal Bank Of Canada Spectrum Brands Holdings sees IBD RS rating climb to 72
• Neutral Sentiment: Detailed earnings materials available (earnings call transcript and slide deck) — useful for analysts digging into segment trends and margins but unlikely to move price by themselves. Spectrum Brands Holdings, Inc. (SPB) Q1 2026 Earnings Call Transcript Spectrum Brands Holdings, Inc. 2026 Q1 – Results – Earnings Call Presentation
• Neutral Sentiment: Analysts remain mixed on consumer goods peers and SPB’s positioning — some see recovery potential (pet care) while others flag competitive/retail pressures. Expect continued analyst divergence. Analysts Conflicted on These Consumer Goods Names: Spectrum Brands Holdings (SPB) and Target (TGT)
• Negative Sentiment: Top‑line softness remains: revenue was down ~3.3% year‑over‑year and net margin stayed modest, highlighting ongoing demand/volume headwinds in parts of the portfolio — a potential risk if recovery in pet care and other categories lags. Spectrum (SPB) Reports Q1 Earnings: What Key Metrics Have to Say

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.