SCHEDULE: Allspring Global Investments Reduces Stake in Spectrum Brands Holdings to 2.9%

Allspring Global Investments Holdings, LLC has filed an Amendment No. 5 to Schedule 13G, reporting a beneficial ownership of 2.9% in Spectrum Brands Holdings Inc.

Summary

• Allspring Global Investments Holdings, LLC, a Delaware-based entity, has filed an Amendment No. 5 to its Schedule 13G regarding its beneficial ownership in Spectrum Brands Holdings Inc.
• As of June 30, 2025, Allspring Global Investments Holdings, LLC beneficially owns 701,646 shares of Spectrum Brands Holdings Inc. Common Stock SH.
• This aggregate amount represents 2.9% of the class of securities.
• Allspring Global Investments Holdings, LLC holds sole voting power over 640,484 shares and sole dispositive power over 701,646 shares.
• The filing indicates that the securities are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.
• The beneficial ownership is held by clients of Investment Advisers, Allspring Global Investments, LLC and Allspring Funds Management, LLC, which are indirectly owned by Allspring Global Investments Holdings, LLC.

Sentiment

Score: 4

Explanation: The filing reports a factual reduction in institutional ownership, which is generally viewed as a slightly negative indicator, though it does not provide direct financial performance data.

Negatives

• The filing is an Amendment No. 5, indicating a reduction in beneficial ownership from a previous filing (which would have been 5% or greater) to 2.9%, potentially signaling a decrease in confidence or a reallocation of assets by a significant institutional investor.

Future Outlook

NA

Industry Context

Changes in beneficial ownership by large institutional investors are closely monitored by the market as they can reflect shifts in investment strategy or confidence in a company's prospects within its industry.

Stakeholder Impact

• Shareholders may interpret the reduction in a significant institutional investor's stake as a decrease in investor confidence, potentially influencing their own investment decisions.

Key Dates

Recommendation

Keywords

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