Do You Believe in the Growth Prospects of Spectrum Brands Holdings (SPB)?

Greenlight Capital, an investment management company, released its fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. Greenlight Capital’s investment strategy focuses on constructing a bottom-up portfolio comprising undervalued long positions and overvalued short positions, while also including a macro book to hedge risks and capture insights. The Partnership returned 9.0% (net) in 2025 compared to 17.9% for the S&P 500 index. In contrast, it returned 8.5% in Q4, compared to 2.7% for the index. The Partnership has returned $6.1 billion, net of fees and expenses, to its investors since its inception in May 1996.  For more information on the Partnership’s top picks in 2025, please check its top five holdings.

In its fourth-quarter 2025 investor letter, Greenlight Capital highlighted stocks like Spectrum Brands Holdings, Inc. (NYSE:SPB) as a newly added holding. Spectrum Brands Holdings, Inc. (NYSE:SPB) is a branded consumer products and home essentials company. Spectrum Brands Holdings, Inc. (NYSE:SPB) shares traded between $49.99 and $86.94 over the past 52 weeks. On January 29, 2026, Spectrum Brands Holdings, Inc. (NYSE:SPB) stock closed at $63.81 per share and has a market capitalization of about $1.492 billion. One-month return of Spectrum Brands Holdings, Inc. (NYSE:SPB) was 6.28%, and its shares gained about 18.43% of their value over the last three months.

Greenlight Capital stated the following regarding Spectrum Brands Holdings, Inc. (NYSE:SPB) in its fourth quarter 2025 investor letter:

"Spectrum Brands Holdings, Inc. (NYSE:SPB) is a consumer products company focused on pet care, home & garden, and home & personal care (HPC). The company faced challenges in 2025 that now appear largely behind it, and we expect SPB to return to growth this year. There is also potential for the company to realize proceeds from a divestiture of its HPC segment, which we believe the market currently values at zero. In the meantime, the company is returning capital through sizeable share repurchases. We acquired our shares at an average price of $52.75, and SPB ended the quarter at $59.08."

Spectrum Brands Holdings, Inc. (NYSE:SPB) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 20 hedge fund portfolios held Spectrum Brands Holdings, Inc. (NYSE:SPB) at the end of the third quarter, compared to 21 in the previous quarter. While we acknowledge the potential of Spectrum Brands Holdings, Inc. (NYSE:SPB) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

In addition, please check out our hedge fund investor letters Q4 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.