AHL Partners LLP decreased its stake in shares of Fortune Brands Home & Security, Inc. (NYSE:FBHS) by 11.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 65,132 shares of the industrial products company’s stock after selling 8,688 shares during the period. AHL Partners LLP’s holdings in Fortune Brands Home & Security were worth $4,249,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Eagle Asset Management Inc. increased its stake in Fortune Brands Home & Security by 20.2% during the 2nd quarter. Eagle Asset Management Inc. now owns 462,498 shares of the industrial products company’s stock valued at $30,173,000 after buying an additional 77,800 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its stake in Fortune Brands Home & Security by 23.1% during the 2nd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 40,833 shares of the industrial products company’s stock valued at $2,664,000 after buying an additional 7,654 shares during the period. 10 15 Associates Inc. acquired a new position in Fortune Brands Home & Security during the 1st quarter valued at about $1,475,000. Geode Capital Management LLC increased its stake in Fortune Brands Home & Security by 8.9% during the 1st quarter. Geode Capital Management LLC now owns 1,503,520 shares of the industrial products company’s stock valued at $91,360,000 after buying an additional 122,830 shares during the period. Finally, Boston Private Wealth LLC increased its stake in Fortune Brands Home & Security by 4.8% during the 2nd quarter. Boston Private Wealth LLC now owns 27,711 shares of the industrial products company’s stock valued at $1,808,000 after buying an additional 1,264 shares during the period. 88.13% of the stock is currently owned by hedge funds and other institutional investors.

In related news, insider E Lee Wyatt sold 33,400 shares of the business’s stock in a transaction that occurred on Monday, September 18th. The stock was sold at an average price of $65.01, for a total value of $2,171,334.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Christopher J. Klein sold 60,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 23rd. The shares were sold at an average price of $62.78, for a total value of $3,766,800.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 136,000 shares of company stock valued at $8,715,420. 1.61% of the stock is currently owned by company insiders.

Fortune Brands Home & Security, Inc. (NYSE:FBHS) opened at 65.96 on Monday. Fortune Brands Home & Security, Inc. has a 52-week low of $52.05 and a 52-week high of $67.76. The stock’s 50 day moving average is $64.33 and its 200 day moving average is $63.92. The company has a market cap of $10.16 billion, a price-to-earnings ratio of 23.48 and a beta of 1.37.

Fortune Brands Home & Security (NYSE:FBHS) last announced its quarterly earnings results on Wednesday, August 2nd. The industrial products company reported $0.92 EPS for the quarter, beating analysts’ consensus estimates of $0.87 by $0.05. The company had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $1.39 billion. Fortune Brands Home & Security had a return on equity of 18.93% and a net margin of 8.61%. Fortune Brands Home & Security’s revenue was up 5.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.82 EPS. Equities research analysts forecast that Fortune Brands Home & Security, Inc. will post $3.09 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 13th. Stockholders of record on Friday, November 24th will be paid a $0.18 dividend. The ex-dividend date is Wednesday, November 22nd. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.09%. Fortune Brands Home & Security’s dividend payout ratio (DPR) is presently 25.35%.

FBHS has been the topic of several research analyst reports. Zacks Investment Research raised shares of Fortune Brands Home & Security from a “hold” rating to a “buy” rating and set a $75.00 target price on the stock in a research note on Thursday, July 20th. Royal Bank Of Canada reissued a “buy” rating and set a $75.00 target price on shares of Fortune Brands Home & Security in a research note on Monday, August 21st. Wells Fargo & Company cut shares of Fortune Brands Home & Security from an “outperform” rating to a “market perform” rating and set a $70.00 target price on the stock. in a research note on Wednesday, July 19th. BidaskClub raised shares of Fortune Brands Home & Security from a “sell” rating to a “hold” rating in a research note on Tuesday, September 26th. Finally, Longbow Research raised shares of Fortune Brands Home & Security from a “neutral” rating to a “buy” rating and set a $72.00 target price on the stock in a research note on Tuesday, July 4th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $68.58.

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Fortune Brands Home & Security Profile

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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