Rep. J. French Hill Sells Spectrum Brands Holdings Inc. (NYSE:SPB) Shares

Key Points

• Representative J. French Hill sold shares of Spectrum Brands Holdings Inc. (NYSE:SPB) worth between $1,001 and $15,000 on June 23rd, according to a recent filing.
• Spectrum Brands reported earnings of $0.68 per share for the last quarter, missing estimates by $0.67 and marking a 6.0% revenue decline year-over-year.
• The company announced a quarterly dividend of $0.47 per share, resulting in an annualized yield of 3.12%, with a high dividend payout ratio of 89.95%.

Representative J. French Hill (R-Arkansas) recently sold shares of Spectrum Brands Holdings Inc. NYSE: SPB. In a filing disclosed on July 24th, the Representative disclosed that they had sold between $1,001 and $15,000 in Spectrum Brands stock on June 23rd. The trade occurred in the Representative's "J FRENCH HILL - REVOCABLE TRUST" account.

Representative J. French Hill also recently made the following trade(s):

• Purchased $50,001 - $100,000 in shares of Loews NYSE: L on 6/23/2025.
• Sold $1,001 - $15,000 in shares of Fortrea NASDAQ: FTRE on 6/23/2025.
• Purchased $50,001 - $100,000 in shares of Markel Group NYSE: MKL on 6/23/2025.
• Sold $1,001 - $15,000 in shares of Vitesse Energy NYSE: VTS on 6/23/2025.
• Sold $50,001 - $100,000 in shares of Lazard NYSE: LAZ on 6/23/2025.
• Sold $1,001 - $15,000 in shares of AT&T NYSE: T on 6/23/2025.
• Purchased $15,001 - $50,000 in shares of Markel Group NYSE: MKL on 6/23/2025.
• Sold $15,001 - $50,000 in shares of Wells Fargo & Company NYSE: WFC on 6/23/2025.
• Sold $100,001 - $250,000 in shares of Blackstone NYSE: BX on 6/23/2025.
• Sold $15,001 - $50,000 in shares of Regions Financial NYSE: RF on 6/23/2025.

Spectrum Brands Stock Performance

SPB traded down $1.28 during trading on Monday, hitting $59.00. 169,007 shares of the company traded hands, compared to its average volume of 536,675. The firm has a market cap of $1.45 billion, a P/E ratio of 28.22 and a beta of 0.90. Spectrum Brands Holdings Inc. has a one year low of $50.73 and a one year high of $96.62. The company has a quick ratio of 1.40, a current ratio of 2.34 and a debt-to-equity ratio of 0.34. The stock's fifty day moving average is $56.02 and its 200 day moving average is $66.55.

Spectrum Brands (NYSE:SPB - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.35 by ($0.67). The firm had revenue of $675.70 million during the quarter, compared to the consensus estimate of $701.00 million. Spectrum Brands had a return on equity of 5.20% and a net margin of 2.02%. The firm's revenue for the quarter was down 6.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.62 EPS. As a group, equities analysts predict that Spectrum Brands Holdings Inc. will post 5.06 EPS for the current fiscal year.

Spectrum Brands Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 17th. Shareholders of record on Tuesday, May 27th were paid a dividend of $0.47 per share. The ex-dividend date was Tuesday, May 27th. This represents a $1.88 dividend on an annualized basis and a yield of 3.19%. Spectrum Brands's dividend payout ratio (DPR) is presently 89.95%.

Insider Activity

In related news, CEO David M. Maura sold 5,180 shares of Spectrum Brands stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $63.77, for a total transaction of $330,328.60. Following the completion of the transaction, the chief executive officer owned 718,427 shares in the company, valued at approximately $45,814,089.79. This trade represents a 0.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 3.90% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Spectrum Brands

Institutional investors and hedge funds have recently modified their holdings of the stock. GAMMA Investing LLC lifted its stake in shares of Spectrum Brands by 120.3% in the second quarter. GAMMA Investing LLC now owns 489 shares of the company's stock valued at $26,000 after buying an additional 267 shares during the period. Blue Trust Inc. boosted its position in Spectrum Brands by 44.8% in the 2nd quarter. Blue Trust Inc. now owns 1,060 shares of the company's stock valued at $56,000 after buying an additional 328 shares during the last quarter. Versant Capital Management Inc boosted its position in shares of Spectrum Brands by 101.7% in the 1st quarter. Versant Capital Management Inc now owns 970 shares of the company's stock worth $69,000 after purchasing an additional 489 shares during the last quarter. New York State Teachers Retirement System bought a new position in shares of Spectrum Brands in the 1st quarter worth $118,000. Finally, Lazard Asset Management LLC lifted its holdings in Spectrum Brands by 89.6% during the fourth quarter. Lazard Asset Management LLC now owns 1,464 shares of the company's stock worth $123,000 after acquiring an additional 692 shares in the last quarter.

Wall Street Analyst Weigh In

Several equities analysts have commented on SPB shares. Wells Fargo & Company cut their price objective on Spectrum Brands from $65.00 to $60.00 and set an "equal weight" rating on the stock in a research report on Wednesday, July 9th. Canaccord Genuity Group set a $77.00 price objective on Spectrum Brands and gave the company a "buy" rating in a research report on Wednesday, June 25th. UBS Group upped their target price on Spectrum Brands from $76.00 to $78.00 and gave the company a "buy" rating in a report on Friday, May 9th. Finally, Monness Crespi & Hardt decreased their target price on Spectrum Brands from $106.00 to $86.00 and set a "buy" rating on the stock in a research note on Wednesday, May 14th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $84.17.

About Representative Hill

French Hill (Republican Party) is a member of the U.S. House, representing Arkansas' 2nd Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Hill (Republican Party) is running for re-election to the U.S. House to represent Arkansas' 2nd Congressional District. He declared candidacy for the 2026 election. Hill is the founder and chairman of Delta Trust & Bank. He has served as senior policy advisor to President George H.W. Bush, Deputy Assistant Secretary of the U.S. Treasury and senior advisor to Governor Mike Huckabee.

Spectrum Brands Company Profile

Spectrum Brands Holdings, Inc operates as a branded consumer products and home essentials company in North America, Europe, the Middle East, Africa, and Asia-Pacific regions. It operates through three segments: Home and Personal Care; Global Pet Care; and Home and Garden. The Home and Personal Care segment provides home appliances under the Black & Decker, Russell Hobbs, George Foreman, PowerXL, Emeril Legasse, Copper Chef, Toastmaster, Juiceman, Farberware, and Breadman brands; and personal care products under the Remington brand.