Vanguard Group Inc. Has $562.68 Million Position in Fortune Brands Innovations, Inc. $FBIN

Key Points

• Vanguard trimmed its stake by 1.1% to 11,249,035 shares but still owns roughly 9.36% of Fortune Brands, a position valued at about $562.68 million.
• Fortune Brands missed Q4 estimates (EPS $0.86 vs. $1.00; revenue $1.08B vs. $1.14B), with revenue down 2.4% YoY, and set FY2026 guidance of EPS $3.35–$3.65 (consensus ~3.41).
• The firm announced a quarterly dividend of $0.26 (annualized $1.04, ~2.7% yield), while analysts' consensus remains "Hold" with an average price target of $55.42 amid several recent cuts.

Vanguard Group Inc. reduced its stake in shares of Fortune Brands Innovations, Inc. (NYSE:FBIN - Free Report) by 1.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,249,035 shares of the company's stock after selling 127,152 shares during the quarter. Vanguard Group Inc. owned approximately 9.36% of Fortune Brands Innovations worth $562,677,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in FBIN. Royal Bank of Canada lifted its stake in Fortune Brands Innovations by 0.8% in the first quarter. Royal Bank of Canada now owns 41,713 shares of the company's stock valued at $2,539,000 after acquiring an additional 324 shares during the last quarter. Empowered Funds LLC lifted its stake in shares of Fortune Brands Innovations by 20.5% in the first quarter. Empowered Funds LLC now owns 10,335 shares of the company's stock worth $629,000 after buying an additional 1,761 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of Fortune Brands Innovations by 83.6% in the first quarter. Geneos Wealth Management Inc. now owns 852 shares of the company's stock worth $52,000 after buying an additional 388 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of Fortune Brands Innovations by 7.6% in the second quarter. Cetera Investment Advisers now owns 10,382 shares of the company's stock worth $534,000 after buying an additional 731 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of Fortune Brands Innovations by 158.3% in the second quarter. EverSource Wealth Advisors LLC now owns 527 shares of the company's stock worth $27,000 after buying an additional 323 shares during the last quarter. 87.60% of the stock is currently owned by institutional investors and hedge funds.

Fortune Brands Innovations Stock Performance

Fortune Brands Innovations stock opened at $38.09 on Tuesday. The company has a current ratio of 1.84, a quick ratio of 0.89 and a debt-to-equity ratio of 1.07. Fortune Brands Innovations, Inc. has a 1 year low of $36.07 and a 1 year high of $64.84. The company has a market cap of $4.57 billion, a PE ratio of 15.42, a PEG ratio of 1.94 and a beta of 1.40. The company's 50-day moving average is $43.13 and its two-hundred day moving average is $49.43.

Fortune Brands Innovations (NYSE:FBIN - Get Free Report) last announced its quarterly earnings results on Thursday, February 12th. The company reported $0.86 earnings per share for the quarter, missing analysts' consensus estimates of $1.00 by ($0.14). The firm had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.14 billion. Fortune Brands Innovations had a net margin of 6.70% and a return on equity of 18.54%. The business's revenue was down 2.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.98 earnings per share. Fortune Brands Innovations has set its FY 2026 guidance at 3.350-3.650 EPS. Equities analysts anticipate that Fortune Brands Innovations, Inc. will post 3.41 earnings per share for the current year.

Fortune Brands Innovations Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 22nd will be paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Friday, May 22nd. Fortune Brands Innovations's dividend payout ratio is presently 42.11%.

Analyst Upgrades and Downgrades

FBIN has been the subject of a number of analyst reports. Barclays reduced their price objective on shares of Fortune Brands Innovations from $55.00 to $43.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 8th. Zacks Research cut shares of Fortune Brands Innovations from a "hold" rating to a "strong sell" rating in a research note on Thursday, February 19th. Robert W. Baird reduced their price objective on shares of Fortune Brands Innovations from $55.00 to $46.00 and set a "neutral" rating for the company in a research note on Tuesday, April 21st. Wolfe Research set a $64.00 price objective on shares of Fortune Brands Innovations in a research note on Friday, February 13th. Finally, BMO Capital Markets dropped their target price on shares of Fortune Brands Innovations from $56.00 to $50.00 and set a "market perform" rating on the stock in a research report on Monday, April 20th. Four investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, Fortune Brands Innovations presently has an average rating of "Hold" and an average price target of $55.42.

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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