Fortune Brands Innovations (NYSE:FBIN – Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 3.220-3.520 for the period, compared to the consensus EPS estimate of 3.140. The company issued revenue guidance of -.
Fortune Brands Innovations Stock Up 1.1%
Shares of NYSE:FBIN traded up $0.55 during mid-day trading on Tuesday, reaching $52.72. 3,488,339 shares of the stock were exchanged, compared to its average volume of 2,752,856. The company has a quick ratio of 1.04, a current ratio of 2.13 and a debt-to-equity ratio of 1.15. The company has a market cap of $6.29 billion, a P/E ratio of 23.43, a P/E/G ratio of 3.18 and a beta of 1.31. Fortune Brands Innovations has a one year low of $32.34 and a one year high of $64.84. The stock’s 50 day simple moving average is $46.36 and its 200-day simple moving average is $46.42.
Fortune Brands Innovations (NYSE:FBIN – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $1.35 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.55. Fortune Brands Innovations had a net margin of 6.12% and a return on equity of 17.72%. Fortune Brands Innovations has set its FY 2026 guidance at 3.220-3.520 EPS. As a group, equities research analysts predict that Fortune Brands Innovations will post 3.14 EPS for the current year.
Fortune Brands Innovations Announces Dividend
Analyst Upgrades and Downgrades
Several brokerages recently commented on FBIN. Zacks Research raised Fortune Brands Innovations from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. JPMorgan Chase & Co. cut their price objective on Fortune Brands Innovations from $42.00 to $39.00 and set a “neutral” rating for the company in a report on Friday, May 15th. Weiss Ratings cut shares of Fortune Brands Innovations from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, July 23rd. Robert W. Baird set a $44.00 price target on shares of Fortune Brands Innovations in a research report on Friday, May 8th. Finally, Royal Bank Of Canada cut their price target on shares of Fortune Brands Innovations from $56.00 to $50.00 and set an “outperform” rating for the company in a research note on Friday, May 8th. Five analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $54.08.
Read Our Latest Research Report on Fortune Brands Innovations
Insider Transactions at Fortune Brands Innovations
In other Fortune Brands Innovations news, Director Edward P. Garden bought 320,067 shares of the firm’s stock in a transaction on Wednesday, June 10th. The shares were purchased at an average price of $40.60 per share, for a total transaction of $12,994,720.20. Following the transaction, the director directly owned 3,940,234 shares in the company, valued at approximately $159,973,500.40. This trade represents a 8.84% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last ninety days, insiders have bought 786,367 shares of company stock valued at $28,653,958. Insiders own 3.32% of the company’s stock.
Institutional Investors Weigh In On Fortune Brands Innovations
Large investors have recently added to or reduced their stakes in the stock. Invesco Ltd. raised its holdings in Fortune Brands Innovations by 25.4% in the 4th quarter. Invesco Ltd. now owns 277,222 shares of the company’s stock valued at $13,867,000 after acquiring an additional 56,099 shares in the last quarter. Corient Private Wealth LLC increased its position in shares of Fortune Brands Innovations by 752.5% in the fourth quarter. Corient Private Wealth LLC now owns 174,128 shares of the company’s stock worth $8,710,000 after purchasing an additional 153,703 shares during the period. Mercer Global Advisors Inc. ADV raised its stake in Fortune Brands Innovations by 90.3% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 24,402 shares of the company’s stock valued at $1,221,000 after purchasing an additional 11,580 shares in the last quarter. Beacon Pointe Advisors LLC increased its holdings in Fortune Brands Innovations by 5.1% in the 4th quarter. Beacon Pointe Advisors LLC now owns 8,045 shares of the company’s stock valued at $402,000 after buying an additional 389 shares during the period. Finally, EP Wealth Advisors LLC bought a new stake in shares of Fortune Brands Innovations during the 4th quarter worth approximately $323,000. Institutional investors and hedge funds own 87.60% of the company’s stock.
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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