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Spectrum Brands Holdings, Inc. (SPB)

NYSE - NYSE Delayed Price. Currency in USD
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92.75+1.10 (+1.20%)
At close: 4:00PM EDT
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Chart Events
Neutralpattern detected
Previous Close91.65
Bid80.00 x 900
Ask93.16 x 800
Day's Range91.82 - 93.28
52 Week Range55.98 - 97.83
Avg. Volume458,876
Market Cap3.954B
Beta (5Y Monthly)1.88
PE Ratio (TTM)13.39
EPS (TTM)6.93
Earnings DateNov 11, 2021 - Nov 15, 2021
Forward Dividend & Yield1.68 (1.79%)
Ex-Dividend DateAug 30, 2021
1y Target Est111.14
  • Zacks

    Spectrum Brands (SPB) to Divest HHI to Focus on Core Units

    Spectrum Brands (SPB) agrees to sell off its HHI segment to effectively focus on its three core profitable units and strengthen its balance sheet.

  • Motley Fool

    Why Spectrum Brands Stock Was Up Today

    Shares of Spectrum Brands Holdings (NYSE: SPB) traded up 17.8% on Wednesday after the company announced plans to sell its hardware and home improvement assets in a deal worth $4.3 billion. On Wednesday morning, Spectrum announced an agreement to sell brands including Kwikset locks to Assa Abloy (OTC: ASAZY) of Sweden. Spectrum said it expects net proceeds of $3.5 billion from the deal, after taxes, which will be used to pay down its debt.

  • Benzinga

    Spectrum Brands To Sell Hardware & Home Improvement Segment For $4.3B

    Spectrum Brands Holdings Inc (NYSE: SPB) has agreed to sell its Hardware & Home Improvement (HHI) segment to ASSA ABLOY (OTC: ASAZY), a Swedish conglomerate, for $4.3 billion in cash. HHI division provides security, plumbing, and builders' hardware products to the North American residential segment. Lake Forest, California-based HHI has about 7,500 employees worldwide. HHI clocked .3 billion in net sales for the fiscal year ending September 2020 with an adjusted EBITDA margin of around 19%. Spec