Fortune Brands Innovations, Inc. (NYSE:FBIN) Given Consensus Rating of “Hold” by Analysts

Fortune Brands Innovations, Inc. (NYSE:FBIN) has been assigned a consensus recommendation of “Hold” from the fifteen ratings firms that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $60.00.

A number of analysts have weighed in on the stock. Royal Bank Of Canada restated an “outperform” rating and set a $61.00 price objective on shares of Fortune Brands Innovations in a research note on Friday, February 13th. UBS Group reiterated a “buy” rating and issued a $70.00 target price on shares of Fortune Brands Innovations in a research note on Friday, February 13th. Zelman & Associates cut shares of Fortune Brands Innovations from an “outperform” rating to a “neutral” rating in a report on Friday, February 13th. Wolfe Research set a $64.00 price target on shares of Fortune Brands Innovations in a research report on Friday, February 13th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Fortune Brands Innovations in a report on Monday, December 29th.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Osaic Holdings Inc. grew its stake in shares of Fortune Brands Innovations by 0.8% during the 4th quarter. Osaic Holdings Inc. now owns 24,447 shares of the company’s stock valued at $1,223,000 after purchasing an additional 198 shares during the period. KLP Kapitalforvaltning AS lifted its stake in shares of Fortune Brands Innovations by 0.8% in the 3rd quarter. KLP Kapitalforvaltning AS now owns 25,100 shares of the company’s stock worth $1,340,000 after purchasing an additional 200 shares during the period. Farther Finance Advisors LLC lifted its stake in shares of Fortune Brands Innovations by 9.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,294 shares of the company’s stock worth $122,000 after purchasing an additional 206 shares during the period. Assetmark Inc. boosted its holdings in shares of Fortune Brands Innovations by 1.2% in the fourth quarter. Assetmark Inc. now owns 17,728 shares of the company’s stock worth $887,000 after buying an additional 208 shares during the last quarter. Finally, TD Private Client Wealth LLC boosted its holdings in shares of Fortune Brands Innovations by 3.0% in the fourth quarter. TD Private Client Wealth LLC now owns 7,308 shares of the company’s stock worth $366,000 after buying an additional 213 shares during the last quarter. Hedge funds and other institutional investors own 87.60% of the company’s stock.

Fortune Brands Innovations Trading Down 2.8%

Fortune Brands Innovations stock opened at $42.73 on Friday. Fortune Brands Innovations has a 12 month low of $42.68 and a 12 month high of $64.84. The company has a market capitalization of $5.13 billion, a price-to-earnings ratio of 17.30, a price-to-earnings-growth ratio of 1.87 and a beta of 1.41. The business’s fifty day simple moving average is $54.77 and its two-hundred day simple moving average is $52.91. The company has a current ratio of 1.84, a quick ratio of 0.89 and a debt-to-equity ratio of 1.07.

Fortune Brands Innovations (NYSE:FBIN) last issued its quarterly earnings results on Thursday, February 12th. The company reported $0.86 earnings per share for the quarter, missing the consensus estimate of $1.00 by ($0.14). The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.14 billion. Fortune Brands Innovations had a net margin of 6.70% and a return on equity of 18.54%. Fortune Brands Innovations’s revenue was down 2.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.98 earnings per share. Fortune Brands Innovations has set its FY 2026 guidance at 3.350-3.650 EPS. As a group, equities analysts predict that Fortune Brands Innovations will post 4.24 earnings per share for the current fiscal year.

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.