SCHEDULE 13G/A: Allspring Global Investments Discloses 5.7% Stake in Spectrum Brands Holdings

Sentiment:

Beneficial Ownership Report


Allspring Global Investments Holdings, LLC has filed an amended Schedule 13G, reporting a 5.7% beneficial ownership stake in Spectrum Brands Holdings Inc, totaling 1,502,914 shares as of March 31, 2025.

Summary

  • Allspring Global Investments Holdings, LLC reported a beneficial ownership of 1,502,914 shares of Common Stock SH in Spectrum Brands Holdings Inc.
  • This ownership represents 5.7% of the class of securities.
  • The filing is an Amendment No. 4 to a Schedule 13G, indicating an update to a previously reported stake.
  • Allspring Global Investments Holdings, LLC holds sole voting power over 1,364,322 shares and sole dispositive power over 1,502,914 shares.
  • The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The document is a routine beneficial ownership disclosure (Schedule 13G Amendment), indicating a passive investment stake. It contains no positive or negative operational or financial news for the issuer, thus maintaining a neutral sentiment.

Positives

  • NA

Negatives

  • NA

Risks

  • NA

Future Outlook

NA

Management Comments

  • "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ยงยง 240.14a-11."

Industry Context

This filing is a routine disclosure by an institutional investor regarding its passive ownership stake in a publicly traded company. It does not provide broader industry trends or competitive analysis.

Stakeholder Impact

  • Shareholders: Provides transparency regarding a significant institutional holder's stake, confirming a passive investment intent.

Key Dates

DateDescription
03/31/2025Date of event which requires filing of this statement (beneficial ownership calculation date).
04/10/2025Date of filing and signature by Allspring Global Investments Holdings, LLC.

Keywords

Spectrum Brands Holdings Inc, Allspring Global Investments Holdings, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Institutional Investor, Ownership Disclosure

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