Stevens Capital Management LP raised its stake in Fortune Brands Home & Security, Inc. (NYSE:FBHS) by 236.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 94,502 shares of the industrial products company’s stock after buying an additional 66,429 shares during the period. Stevens Capital Management LP owned about 0.06% of Fortune Brands Home & Security worth $6,353,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Sentry Investment Management LLC boosted its stake in shares of Fortune Brands Home & Security by 1.2% in the 2nd quarter. Sentry Investment Management LLC now owns 10,287 shares of the industrial products company’s stock valued at $671,000 after purchasing an additional 122 shares in the last quarter. Eagle Asset Management Inc. boosted its stake in shares of Fortune Brands Home & Security by 20.2% in 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 purchasing an additional 77,800 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its stake in shares of Fortune Brands Home & Security by 23.1% in 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 purchasing an additional 7,654 shares in the last quarter. Greenwood Capital Associates LLC boosted its stake in shares of Fortune Brands Home & Security by 3.8% in the 2nd quarter. Greenwood Capital Associates LLC now owns 8,918 shares of the industrial products company’s stock valued at $582,000 after purchasing an additional 330 shares in the last quarter. Finally, Toronto Dominion Bank boosted its stake in shares of Fortune Brands Home & Security by 26.1% in the 2nd quarter. Toronto Dominion Bank now owns 52,123 shares of the industrial products company’s stock valued at $3,400,000 after purchasing an additional 10,799 shares in the last quarter. 89.44% of the stock is currently owned by hedge funds and other institutional investors.

Fortune Brands Home & Security, Inc. (NYSE:FBHS) opened at $64.46 on Wednesday. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.87 and a quick ratio of 1.17. The stock has a market cap of $9,748.65, a PE ratio of 21.48, a P/E/G ratio of 2.00 and a beta of 1.41. Fortune Brands Home & Security, Inc. has a 12 month low of $53.15 and a 12 month high of $68.82.

Fortune Brands Home & Security (NYSE:FBHS) last issued its quarterly earnings results on Wednesday, October 25th. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.82 by $0.01. The company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.38 billion. Fortune Brands Home & Security had a net margin of 8.62% and a return on equity of 18.64%. Fortune Brands Home & Security’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period last year, the business earned $0.80 EPS. analysts anticipate that Fortune Brands Home & Security, Inc. will post 3.07 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 13th. Shareholders of record on Friday, November 24th will be paid a dividend of $0.18 per share. The ex-dividend date of this dividend is Wednesday, November 22nd. This represents a $0.72 dividend on an annualized basis and a yield of 1.12%. Fortune Brands Home & Security’s dividend payout ratio is currently 24.83%.

In other Fortune Brands Home & Security news, insider E Lee Wyatt sold 33,400 shares of the firm’s stock in a transaction dated Monday, September 18th. The shares were sold at an average price of $65.01, for a total transaction of $2,171,334.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Christopher J. Klein sold 85,000 shares of the firm’s stock in a transaction dated Friday, October 27th. The shares were sold at an average price of $67.13, for a total transaction of $5,706,050.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 181,000 shares of company stock valued at $11,813,470. 1.61% of the stock is owned by company insiders.

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FBHS has been the subject of a number of research reports. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $75.00 price objective on shares of Fortune Brands Home & Security in a research note on Tuesday, July 18th. Jefferies Group LLC reissued a “buy” rating and set a $76.00 price target on shares of Fortune Brands Home & Security in a research report on Friday, July 14th. Zacks Investment Research raised shares of Fortune Brands Home & Security from a “hold” rating to a “buy” rating and set a $75.00 price target for the company in a research report on Thursday, July 20th. Robert W. Baird reissued a “buy” rating and set a $72.00 price target on shares of Fortune Brands Home & Security in a research report on Tuesday, October 24th. Finally, BidaskClub raised shares of Fortune Brands Home & Security from a “sell” rating to a “hold” rating in a research report on Tuesday, September 26th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $70.00.

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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