Eaton Vance Management lifted its position in Fortune Brands Home & Security, Inc. (NYSE:FBHS) by 0.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,160 shares of the industrial products company’s stock after buying an additional 123 shares during the quarter. Eaton Vance Management’s holdings in Fortune Brands Home & Security were worth $2,751,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Alps Advisors Inc. grew its stake in shares of Fortune Brands Home & Security by 0.3% in the second quarter. Alps Advisors Inc. now owns 7,978 shares of the industrial products company’s stock valued at $520,000 after buying an additional 21 shares in the last quarter. MUFG Americas Holdings Corp grew its stake in shares of Fortune Brands Home & Security by 0.7% in the second quarter. MUFG Americas Holdings Corp now owns 5,184 shares of the industrial products company’s stock valued at $338,000 after buying an additional 35 shares in the last quarter. State of Alaska Department of Revenue grew its stake in shares of Fortune Brands Home & Security by 1.9% in the second quarter. State of Alaska Department of Revenue now owns 2,115 shares of the industrial products company’s stock valued at $137,000 after buying an additional 40 shares in the last quarter. Bronfman E.L. Rothschild L.P. grew its stake in shares of Fortune Brands Home & Security by 1.8% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 3,359 shares of the industrial products company’s stock valued at $219,000 after buying an additional 58 shares in the last quarter. Finally, Neuberger Berman Group LLC grew its stake in shares of Fortune Brands Home & Security by 0.6% in the second quarter. Neuberger Berman Group LLC now owns 11,346 shares of the industrial products company’s stock valued at $740,000 after buying an additional 64 shares in the last quarter. 88.13% of the stock is owned by institutional investors and hedge funds.

In other news, insider E Lee Wyatt sold 2,600 shares of the stock in a transaction on Wednesday, September 13th. The stock was sold at an average price of $65.11, for a total transaction of $169,286.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Christopher J. Klein sold 55,000 shares of the stock in a transaction on Thursday, June 29th. The stock was sold at an average price of $64.91, for a total value of $3,570,050.00. The disclosure for this sale can be found here. Insiders have sold a total of 157,600 shares of company stock valued at $10,114,136 in the last quarter. 1.61% of the stock is owned by corporate insiders.

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FBHS has been the subject of several analyst reports. Credit Suisse Group initiated coverage on shares of Fortune Brands Home & Security in a research note on Thursday, June 22nd. They issued an “outperform” rating and a $72.00 target price for the company. BidaskClub raised shares of Fortune Brands Home & Security from a “hold” rating to a “buy” rating in a research report on Thursday, June 22nd. Zacks Investment Research raised shares of Fortune Brands Home & Security from a “hold” rating to a “buy” rating and set a $74.00 price objective for the company in a research report on Tuesday, June 27th. Jefferies Group LLC reaffirmed a “buy” rating and set a $76.00 price objective on shares of Fortune Brands Home & Security in a research report on Friday, July 14th. Finally, Wells Fargo & Company cut shares of Fortune Brands Home & Security from an “outperform” rating to a “market perform” rating and set a $70.00 price objective for the company. in a research report on Wednesday, July 19th. One analyst has rated the stock with a sell rating, seven have given a hold rating and nine have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $68.69.

Shares of Fortune Brands Home & Security, Inc. (NYSE FBHS) opened at 64.25 on Tuesday. Fortune Brands Home & Security, Inc. has a 12 month low of $52.05 and a 12 month high of $67.50. The company has a market cap of $9.90 billion, a PE ratio of 22.87 and a beta of 1.37. The stock has a 50 day moving average of $63.77 and a 200-day moving average of $63.35.

Fortune Brands Home & Security (NYSE:FBHS) last posted its quarterly earnings results on Wednesday, August 2nd. The industrial products company reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.05. The company had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.39 billion. Fortune Brands Home & Security had a return on equity of 18.93% and a net margin of 8.61%. The firm’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.82 EPS. Equities analysts forecast that Fortune Brands Home & Security, Inc. will post $3.10 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 13th. Stockholders of record on Friday, August 25th were paid a dividend of $0.18 per share. The ex-dividend date was Wednesday, August 23rd. This represents a $0.72 annualized dividend and a dividend yield of 1.12%. Fortune Brands Home & Security’s payout ratio is 25.35%.

About Fortune Brands Home & Security

Fortune Brands Home & Security, Inc is a holding company. The Company operates through four segments. The Cabinets segment includes custom, semi-custom and stock cabinetry for the kitchen, bath and other parts of the home under brand names, including Aristokraft, Mid-Continent, Diamond, Kitchen Classics, Kitchen Craft, Schrock, Omega, Homecrest, Thomasville, StarMark and Ultracraft.

Institutional Ownership by Quarter for Fortune Brands Home & Security (NYSE:FBHS)

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