Several brokerages have updated their recommendations and price targets on shares of Fortune Brands Innovations (NYSE: FBIN) in the last few weeks:
- 11/4/2026 – Fortune Brands Innovations was given a new $58.00 price target by DA Davidson.
- 11/4/2026 – Fortune Brands Innovations had its price target lowered by Barclays from $47.00 to $40.00. They now have an “equal weight” rating on the stock.
- 11/4/2026 – Fortune Brands Innovations had its price target lowered by Royal Bank Of Canada from $49.00 to $48.00. They now have an “outperform” rating on the stock.
- 11/4/2026 – Fortune Brands Innovations had its price target lowered by Truist Financial from $70.00 to $60.00. They now have a “buy” rating on the stock.
- 11/4/2026 – Fortune Brands Innovations had its price target raised by Wells Fargo & Company from $48.00 to $51.00. They now have an “overweight” rating on the stock.
- 11/3/2026 – Fortune Brands Innovations had its “hold (c-)” rating reaffirmed by Weiss Ratings.
- 10/19/2026 – Fortune Brands Innovations had its “reduce” rating reaffirmed by Citigroup.
- 10/9/2026 – Fortune Brands Innovations is now covered by Citigroup. They set a “buy” rating and a $48.00 price target on the stock.
- 10/9/2026 – Fortune Brands Innovations is now covered by Citigroup. They set a “buy” rating and a $48.00 price target on the stock.
- 10/7/2026 – Fortune Brands Innovations had its price target lowered by Royal Bank Of Canada from $57.00 to $49.00. They now have an “outperform” rating on the stock.
- 10/6/2026 – Fortune Brands Innovations had its price target lowered by Barclays from $54.00 to $47.00. They now have an “equal weight” rating on the stock.
- 10/6/2026 – Fortune Brands Innovations is now covered by Melius Research. They set a “hold” rating and a $44.00 price target on the stock.
- 9/25/2026 – Fortune Brands Innovations was given a new $45.00 price target by Evercore.
- 9/11/2026 – Fortune Brands Innovations had its price target lowered by Wells Fargo & Company from $52.00 to $48.00. They now have an “overweight” rating on the stock.
Fortune Brands Innovations Stock Up 2.2%
Shares of FBIN stock traded up $1.03 during trading hours on Friday, reaching $48.07. 1,080,106 shares of the company’s stock were exchanged, compared to its average volume of 2,654,657. Fortune Brands Innovations, Inc. has a 1 year low of $32.34 and a 1 year high of $64.84. The stock has a market cap of $5.74 billion, a PE ratio of 45.35, a PEG ratio of 2.40 and a beta of 1.25. The company has a current ratio of 1.83, a quick ratio of 1.05 and a debt-to-equity ratio of 1.00. The stock’s fifty day moving average price is $41.23 and its two-hundred day moving average price is $45.01.
Fortune Brands Innovations (NYSE:FBIN – Get Free Report) last announced its quarterly earnings data on Tuesday, November 3rd. The company reported $1.14 EPS for the quarter, beating the consensus estimate of $0.74 by $0.40. The firm had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.12 billion. Fortune Brands Innovations had a net margin of 2.94% and a return on equity of 17.74%. Fortune Brands Innovations’s revenue was down 3.1% on a year-over-year basis. During the same period last year, the firm posted $1.09 EPS. Research analysts predict that Fortune Brands Innovations, Inc. will post 3.25 EPS for the current year.
Fortune Brands Innovations Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 9th. Stockholders of record on Friday, November 20th will be issued a dividend of $0.26 per share. The ex-dividend date of this dividend is Friday, November 20th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.2%. Fortune Brands Innovations’s payout ratio is 98.11%.
Fortune Brands Innovations, Inc is a manufacturer and marketer of products used in residential construction, remodeling and commercial applications. The company operates through businesses focused on water management, outdoor living and home safety and security.
Its portfolio includes plumbing products under brands such as Moen and House of Rohl; doors and related products marketed through Therma-Tru; composite decking and outdoor-living products from Fiberon; and locks, safes and security products sold under Master Lock and SentrySafe.
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