Spectrum Brands (NYSE:SPB) Coverage Initiated by Analysts at UBS Group

Posted by George Bondi on Oct 15th, 2026

Equities researchers at UBS Group initiated coverage on shares of Spectrum Brands (NYSE:SPB – Get Free Report) in a research report issued to clients and investors on Thursday. The brokerage set a “buy” rating and a $97.00 price target on the stock. UBS Group’s price objective indicates a potential upside of 22.62% from the stock’s previous close.

Other research analysts have also recently issued research reports about the stock. Royal Bank Of Canada cut shares of Spectrum Brands from an “outperform” rating to a “sector perform” rating and boosted their price objective for the stock from $85.00 to $92.00 in a research report on Monday, August 10th. Weiss Ratings lowered Spectrum Brands from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $96.00 price objective on shares of Spectrum Brands in a research report on Monday, August 10th. Canaccord Genuity Group lifted their target price on Spectrum Brands from $99.00 to $110.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Finally, Wells Fargo & Company dropped their target price on Spectrum Brands from $90.00 to $85.00 and set an “equal weight” rating for the company in a research report on Monday, October 5th. Four investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $97.86.

Get Our Latest Analysis on Spectrum Brands

Spectrum Brands Price Performance

SPB traded up $1.93 during midday trading on Thursday, hitting $79.11. The company had a trading volume of 7,354 shares, compared to its average volume of 357,876. Spectrum Brands has a twelve month low of $50.68 and a twelve month high of $99.06. The company has a market capitalization of $1.82 billion, a PE ratio of 24.11, a P/E/G ratio of 2.74 and a beta of 0.78. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.61 and a current ratio of 2.41. The firm’s 50-day simple moving average is $85.03 and its 200-day simple moving average is $83.30.

Spectrum Brands (NYSE:SPB – Get Free Report) last announced its earnings results on Friday, August 7th. The company reported $2.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.46 by $1.33. Spectrum Brands had a net margin of 2.76% and a return on equity of 10.06%. The company had revenue of $753.30 million for the quarter, compared to analyst estimates of $732.19 million. During the same period in the prior year, the business earned $1.24 earnings per share. Spectrum Brands’s quarterly revenue was up 7.7% on a year-over-year basis. Equities research analysts predict that Spectrum Brands will post 6.38 EPS for the current fiscal year.

Institutional Investors Weigh In On Spectrum Brands

A number of institutional investors and hedge funds have recently modified their holdings of SPB. Pzena Investment Management LLC acquired a new position in Spectrum Brands in the second quarter valued at approximately $207,584,000. BlackRock Inc. bought a new position in Spectrum Brands in the second quarter valued at approximately $166,197,000. Alberta Investment Management Corp bought a new position in Spectrum Brands in the second quarter valued at approximately $46,353,000. Manning & Napier Advisors LLC grew its holdings in Spectrum Brands by 6.7% during the 1st quarter. Manning & Napier Advisors LLC now owns 320,000 shares of the company’s stock worth $23,584,000 after acquiring an additional 20,000 shares during the period. Finally, Bank of America Corp DE acquired a new stake in Spectrum Brands during the 2nd quarter worth $24,742,000.

About Spectrum Brands

(Get Free Report)

Spectrum Brands Holdings, Inc is a global consumer products company headquartered in Middleton, Wisconsin. The company develops, markets and distributes branded products for use in homes, gardens and by pet owners, selling through mass retailers, e-commerce channels, specialty stores and other retail outlets in North America and international markets.

Spectrum Brands’ portfolio has historically included home and personal care products under brands such as Remington, Russell Hobbs, George Foreman and Black+Decker, as well as pet care products marketed under brands including Tetra, FURminator, Nature’s Miracle and 8-in-1.