Fortune Brands Innovations, Inc. (NYSE:FBIN) Receives Average Rating of "Hold" from Analysts

Key Points

• Analysts have a consensus “Hold” rating on Fortune Brands Innovations, with nine holds, six buys, one strong buy and one sell among 17 firms. The average 12-month price target is $55.71.
• Recent quarterly results exceeded expectations on earnings, with EPS of $1.35 versus the $0.80 consensus, although revenue declined 4.1% year over year to $1.15 billion. The company’s full-year 2026 EPS guidance is $3.22–$3.52.
• Insider and institutional ownership remains significant: insiders purchased 359,352 shares worth about $15 million during the quarter, while institutional investors own 87.6% of outstanding shares. FBIN also declared a quarterly dividend of $0.26 per share, implying a 2.5% yield.

Fortune Brands Innovations, Inc. (NYSE:FBIN - Get Free Report) has earned a consensus recommendation of "Hold" from the seventeen ratings firms that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation, six have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $55.7143.

FBIN has been the subject of several recent analyst reports. Zacks Research upgraded Fortune Brands Innovations from a "strong sell" rating to a "hold" rating in a research note on Monday, July 13th. UBS Group increased their price target on Fortune Brands Innovations from $63.00 to $65.00 and gave the stock a "buy" rating in a research report on Wednesday, August 5th. JPMorgan Chase & Co. dropped their price objective on Fortune Brands Innovations from $42.00 to $39.00 and set a "neutral" rating on the stock in a report on Friday, May 15th. Wells Fargo & Company began coverage on Fortune Brands Innovations in a research report on Monday, August 24th. They issued an "overweight" rating and a $52.00 price objective for the company. Finally, BMO Capital Markets increased their target price on Fortune Brands Innovations from $50.00 to $53.00 and gave the company a "market perform" rating in a research report on Tuesday, July 28th.

Insider Activity

In related news, CEO Jesse Singh bought 19,560 shares of the company's stock in a transaction dated Friday, August 7th. The shares were acquired at an average price of $50.93 per share, for a total transaction of $996,190.80. Following the completion of the transaction, the chief executive officer directly owned 39,285 shares in the company, valued at $2,000,785.05. This trade represents a 99.16% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Edward Garden bought 320,067 shares of the business's stock in a transaction dated Wednesday, June 10th. The shares were bought at an average cost of $40.60 per share, with a total value of $12,994,720.20. Following the purchase, the director directly owned 3,940,234 shares of the company's stock, valued at approximately $159,973,500.40. This represents a 8.84% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders bought 359,352 shares of company stock worth $15,009,905. Company insiders own 3.32% of the company's stock.

Institutional Investors Weigh In On Fortune Brands Innovations

Several large investors have recently bought and sold shares of the company. Corient Private Wealth LP lifted its position in shares of Fortune Brands Innovations by 414.6% in the second quarter. Corient Private Wealth LP now owns 223,946 shares of the company's stock valued at $12,295,000 after acquiring an additional 180,431 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Fortune Brands Innovations in the second quarter worth approximately $395,000. California State Teachers Retirement System increased its position in shares of Fortune Brands Innovations by 4,773.0% during the second quarter. California State Teachers Retirement System now owns 6,807,490 shares of the company's stock worth $373,731,000 after purchasing an additional 6,667,791 shares in the last quarter. HB Wealth Management LLC increased its position in shares of Fortune Brands Innovations by 12.2% during the second quarter. HB Wealth Management LLC now owns 8,148 shares of the company's stock worth $447,000 after purchasing an additional 886 shares in the last quarter. Finally, AlphaGrep UK Ltd acquired a new position in Fortune Brands Innovations in the 2nd quarter valued at $358,000. 87.60% of the stock is currently owned by hedge funds and other institutional investors.

Fortune Brands Innovations Stock Performance

Shares of NYSE FBIN opened at $42.15 on Friday. The company's fifty day moving average price is $49.06 and its 200 day moving average price is $44.46. Fortune Brands Innovations has a 1 year low of $32.34 and a 1 year high of $64.84. The company has a market capitalization of $5.03 billion, a PE ratio of 34.27, a price-to-earnings-growth ratio of 1.90 and a beta of 1.30. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.05 and a current ratio of 2.01.

Fortune Brands Innovations (NYSE:FBIN - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The company reported $1.35 earnings per share for the quarter, beating analysts' consensus estimates of $0.80 by $0.55. The company had revenue of $1.15 billion during the quarter, compared to analysts' expectations of $1.16 billion. Fortune Brands Innovations had a net margin of 3.39% and a return on equity of 19.50%. The firm's revenue for the quarter was down 4.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.00 earnings per share. Fortune Brands Innovations has set its FY 2026 guidance at 3.220-3.520 EPS. On average, research analysts predict that Fortune Brands Innovations will post 3.33 earnings per share for the current year.

Fortune Brands Innovations Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Friday, August 21st will be issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Friday, August 21st. Fortune Brands Innovations's dividend payout ratio (DPR) is presently 84.55%.

Fortune Brands Innovations Company Profile

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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