Fortune Brands Innovations, Inc. Declares Quarterly Dividend of $0.26 (NYSE:FBIN)

Key Points

• $0.26 quarterly dividend declared, payable June 10 to shareholders of record May 22 (ex-dividend May 22), representing an annualized $1.04 and a yield of about 2.7%.
• The dividend appears well covered with a 24.2% payout ratio and management guidance for FY2026 of $3.35–$3.65 EPS (analyst estimates around $3.4), suggesting the $1.04 annual payout is sustainable.
• FBIN shares trade near $38 with a 52-week range of $36.07–$64.84, and the consensus analyst rating is "Hold" with a $55.42 target after several recent price-target cuts and mixed ratings.

Fortune Brands Innovations, Inc. (NYSE:FBIN - Get Free Report) announced a quarterly dividend on Monday, May 4th. Shareholders of record on Friday, May 22nd will be given a dividend of 0.26 per share on Wednesday, June 10th. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date is Friday, May 22nd.

Fortune Brands Innovations has raised its dividend by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 2 years. Fortune Brands Innovations has a dividend payout ratio of 24.2% meaning its dividend is sufficiently covered by earnings. Research analysts expect Fortune Brands Innovations to earn $3.92 per share next year, which means the company should continue to be able to cover its $1.04 annual dividend with an expected future payout ratio of 26.5%.

Fortune Brands Innovations Price Performance

FBIN stock opened at $38.09 on Tuesday. The business has a fifty day moving average of $43.13 and a two-hundred day moving average of $49.43. The company has a quick ratio of 0.89, a current ratio of 1.84 and a debt-to-equity ratio of 1.07. The stock has a market cap of $4.57 billion, a price-to-earnings ratio of 15.42, a price-to-earnings-growth ratio of 1.94 and a beta of 1.40. Fortune Brands Innovations has a 52-week low of $36.07 and a 52-week high of $64.84.

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

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on FBIN shares. Wolfe Research set a $64.00 target price on Fortune Brands Innovations in a research note on Friday, February 13th. Zacks Research cut Fortune Brands Innovations from a "hold" rating to a "strong sell" rating in a research note on Thursday, February 19th. Bank of America dropped their price objective on Fortune Brands Innovations from $52.00 to $42.00 and set an "underperform" rating for the company in a research note on Monday, April 20th. Barclays dropped their price objective on 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. Finally, The Goldman Sachs Group dropped their price objective on Fortune Brands Innovations from $69.00 to $61.00 and set a "buy" rating for the company in a research note on Tuesday, February 17th. Four research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $55.42.

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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