Fortune Brands Innovations (NYSE:FBIN – Get Free Report) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 3.000-3.300 for the period, compared to the consensus EPS estimate of 3.350. The company issued revenue guidance of -.
Fortune Brands Innovations Trading Down 2.9%
NYSE:FBIN opened at $37.96 on Friday. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.84 and a quick ratio of 0.89. The firm has a 50-day moving average of $42.14 and a 200-day moving average of $49.20. The company has a market cap of $4.55 billion, a PE ratio of 16.87, a PEG ratio of 1.91 and a beta of 1.40. Fortune Brands Innovations has a one year low of $36.07 and a one year high of $64.84.
Fortune Brands Innovations (NYSE:FBIN – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported $0.53 EPS for the quarter, hitting the consensus estimate of $0.53. The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $1.01 billion. Fortune Brands Innovations had a net margin of 6.12% and a return on equity of 17.69%. The firm’s revenue for the quarter was down 2.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.66 earnings per share. As a group, equities research analysts expect that Fortune Brands Innovations will post 3.4 EPS for the current fiscal year.
Fortune Brands Innovations Dividend Announcement
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on FBIN shares. Robert W. Baird set a $44.00 target price on shares of Fortune Brands Innovations in a research report on Friday. Bank of America decreased their target price on shares of Fortune Brands Innovations from $52.00 to $42.00 and set an “underperform” rating for the company in a research report on Monday, April 20th. UBS Group reduced their price objective on shares of Fortune Brands Innovations from $67.00 to $63.00 and set a “buy” rating for the company in a research report on Friday. BMO Capital Markets reduced their price objective on shares of Fortune Brands Innovations from $56.00 to $50.00 and set a “market perform” rating for the company in a research report on Monday, April 20th. Finally, The Goldman Sachs Group reduced their price objective on shares of Fortune Brands Innovations from $69.00 to $61.00 and set a “buy” rating for the company in a research report on Tuesday, February 17th. Four investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $52.50.
View Our Latest Stock Report on Fortune Brands Innovations
Fortune Brands Innovations News Summary
Here are the key news stories impacting Fortune Brands Innovations this week:
- Neutral Sentiment: Fortune Brands reported first-quarter EPS of $0.53 and revenue of $1.01 billion, both in line with Wall Street estimates, which suggests the quarter was solid but not enough to spark a positive surprise.
- Neutral Sentiment: The company said sales grew in brands such as Moen, House of Rohl, and Therma-Tru, but also pointed to “inconsistent execution” and a challenging external environment, which clouds the near-term outlook.
- Positive Sentiment: RBC Capital kept an outperform rating on Fortune Brands Innovations and still sees upside from current levels, even though it lowered its price target from $56 to $50. Benzinga report on RBC price target cut
- Negative Sentiment: Management lowered FY2026 EPS guidance to $3.00-$3.30, below the consensus estimate of $3.35, signaling more caution about profitability for the rest of the year.
- Negative Sentiment: Year-over-year EPS fell from $0.66 to $0.53 and revenue declined 2.1%, reinforcing concerns that growth is slowing.
Institutional Investors Weigh In On Fortune Brands Innovations
A number of institutional investors have recently added to or reduced their stakes in FBIN. EverSource Wealth Advisors LLC grew its position in Fortune Brands Innovations by 158.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 527 shares of the company’s stock worth $27,000 after purchasing an additional 323 shares in the last quarter. Brown Brothers Harriman & Co. grew its position in Fortune Brands Innovations by 628.9% in the 4th quarter. Brown Brothers Harriman & Co. now owns 605 shares of the company’s stock worth $30,000 after purchasing an additional 522 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new position in Fortune Brands Innovations in the third quarter valued at about $31,000. Caitong International Asset Management Co. Ltd boosted its stake in Fortune Brands Innovations by 180.7% in the third quarter. Caitong International Asset Management Co. Ltd now owns 741 shares of the company’s stock valued at $40,000 after acquiring an additional 477 shares during the last quarter. Finally, Darwin Wealth Management LLC purchased a new position in Fortune Brands Innovations in the second quarter valued at about $47,000. 87.60% of the stock is owned by institutional investors.
About Fortune Brands Innovations
Fortune Brands Innovations (NYSE: FBIN), formerly known as Fortune Brands Home & Security, is a global leader in water innovations, specializing in the design, manufacturing and marketing of plumbing fixtures, fittings and related products. Headquartered in Deerfield, Illinois, the company leverages two iconic brands—Moen and House of Rohl—to deliver high-quality kitchen and bathroom solutions across residential and commercial markets. With a focus on performance, reliability and aesthetic design, FBIN’s portfolio spans faucets, showerheads, accessories and water filtration systems.
The company’s products are sold through a diversified network of retail partners, wholesale distributors and online channels across North America, Europe, Asia-Pacific and Latin America.
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