9,817 Shares in Spectrum Brands Holdings Inc. $SPB Bought by Sanctuary Advisors LLC

Posted by Brenda Bartman on Aug 29th, 2026

Sanctuary Advisors LLC acquired a new position in shares of Spectrum Brands Holdings Inc. (NYSE:SPB – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 9,817 shares of the company’s stock, valued at approximately $842,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Global Retirement Partners LLC bought a new stake in shares of Spectrum Brands in the 2nd quarter worth about $27,000. Allworth Financial LP bought a new position in Spectrum Brands during the 2nd quarter valued at about $29,000. Northwestern Mutual Wealth Management Co. grew its holdings in Spectrum Brands by 7,237.5% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 587 shares of the company’s stock valued at $31,000 after purchasing an additional 579 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its position in Spectrum Brands by 96.9% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 630 shares of the company’s stock worth $37,000 after purchasing an additional 310 shares during the period. Finally, Farther Finance Advisors LLC raised its position in Spectrum Brands by 111.7% in the 4th quarter. Farther Finance Advisors LLC now owns 635 shares of the company’s stock worth $38,000 after purchasing an additional 335 shares during the period.

Spectrum Brands Price Performance

Shares of SPB opened at $88.67 on Friday. 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 company has a 50 day moving average price of $87.35 and a 200-day moving average price of $81.55. Spectrum Brands Holdings Inc. has a fifty-two week low of $49.99 and a fifty-two week high of $99.06. The stock has a market capitalization of $2.04 billion, a PE ratio of 27.03, a PEG ratio of 2.79 and a beta of 0.63.

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

Spectrum Brands Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Tuesday, August 25th will be issued a $0.47 dividend. The ex-dividend date is Tuesday, August 25th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.1%. Spectrum Brands’s dividend payout ratio (DPR) is currently 57.32%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on SPB shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $96.00 target price on shares of Spectrum Brands in a research report on Monday, August 10th. Wall Street Zen downgraded Spectrum Brands from a “buy” rating to a “hold” rating in a report on Sunday, June 21st. Royal Bank Of Canada lowered Spectrum Brands from an “outperform” rating to a “sector perform” rating and raised their price target for the stock from $85.00 to $92.00 in a research note on Monday, August 10th. Canaccord Genuity Group boosted their price objective on Spectrum Brands from $99.00 to $110.00 and gave the company a “buy” rating in a report on Monday, August 10th. Finally, Oppenheimer upped their price objective on Spectrum Brands from $85.00 to $100.00 and gave the company an “outperform” rating in a research report on Monday, August 10th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Spectrum Brands currently has an average rating of “Hold” and a consensus target price of $98.83.

View Our Latest Stock Analysis on SPB

About Spectrum Brands

(Free Report)

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.