Fortune Brands Home & Security Inc. (NYSE:fbhs) announced a quarterly dividend on Wednesday, September 28th. Investors of record on Friday, November 25th will be given a dividend of 0.16 per share on Wednesday, December 14th. This represents a $0.64 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date of this dividend is Tuesday, November 22nd.

Fortune Brands Home & Security (NYSE:FBHS) opened at 56.16 on Thursday. The firm has a market capitalization of $8.67 billion, a price-to-earnings ratio of 22.47 and a beta of 1.28. Fortune Brands Home & Security has a one year low of $44.19 and a one year high of $64.47. The firm’s 50-day moving average is $55.20 and its 200 day moving average is $58.43.

Fortune Brands Home & Security (NYSE:FBHS) last announced its quarterly earnings data on Wednesday, October 26th. The company reported $0.80 EPS for the quarter, beating the Zacks’ consensus estimate of $0.78 by $0.02. Fortune Brands Home & Security had a net margin of 7.99% and a return on equity of 17.69%. The firm had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $848 million. During the same period in the previous year, the firm posted $0.64 earnings per share. The firm’s revenue was up 3.3% on a year-over-year basis. Analysts forecast that Fortune Brands Home & Security will post $2.74 EPS for the current fiscal year.

Dividend History for Fortune Brands Home & Security (NYSE:fbhs)

A number of institutional investors have recently made changes to their positions in the company. FMR LLC raised its position in shares of Fortune Brands Home & Security by 9.0% in the second quarter. FMR LLC now owns 7,484,049 shares of the company’s stock worth $433,850,000 after buying an additional 620,346 shares during the period. State Street Corp raised its position in shares of Fortune Brands Home & Security by 7.2% in the second quarter. State Street Corp now owns 6,689,519 shares of the company’s stock worth $387,796,000 after buying an additional 451,874 shares during the period. American Century Companies Inc. raised its position in shares of Fortune Brands Home & Security by 7.1% in the second quarter. American Century Companies Inc. now owns 4,432,532 shares of the company’s stock worth $256,954,000 after buying an additional 293,512 shares during the period. BlackRock Group LTD raised its position in shares of Fortune Brands Home & Security by 47.2% in the second quarter. BlackRock Group LTD now owns 1,473,961 shares of the company’s stock worth $85,447,000 after buying an additional 472,334 shares during the period. Finally, TIAA CREF Investment Management LLC raised its position in shares of Fortune Brands Home & Security by 4.9% in the second quarter. TIAA CREF Investment Management LLC now owns 1,123,578 shares of the company’s stock worth $65,134,000 after buying an additional 52,340 shares during the period. 94.88% of the stock is currently owned by institutional investors and hedge funds.

A number of research analysts recently commented on FBHS shares. Zacks Investment Research downgraded shares of Fortune Brands Home & Security from a “buy” rating to a “hold” rating in a research report on Tuesday, September 27th. Bank of America Corp. began coverage on shares of Fortune Brands Home & Security in a research report on Friday, September 23rd. They set a “buy” rating and a $70.00 price objective on the stock. Royal Bank Of Canada reduced their target price on shares of Fortune Brands Home & Security from $70.00 to $66.00 and set an “outperform” rating for the company in a research note on Thursday, October 27th. Cantor Fitzgerald began coverage on shares of Fortune Brands Home & Security in a research note on Thursday, August 25th. They issued a “buy” rating and a $58.00 target price for the company. Finally, Wells Fargo & Co. began coverage on shares of Fortune Brands Home & Security in a research note on Wednesday, September 28th. They issued an “outperform” rating for the company. Six equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Fortune Brands Home & Security currently has an average rating of “Buy” and a consensus target price of $63.15.

About Fortune Brands Home & Security

Fortune Brands Home & Security, Inc is a holding company. The Company is a home and security products company with a portfolio of branded products used for residential home repair, remodeling, new construction and security applications. The Company operates through four segments: Cabinets, Plumbing, Doors and Security.

5 Day Chart for NYSE:FBHS

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