Fortune Brands Innovations (NYSE:FBIN) Issues FY 2026 Earnings Guidance

Fortune Brands Innovations (NYSE:FBIN) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 3.350-3.650 for the period, compared to the consensus EPS estimate of 4.060. The company issued revenue guidance of $4.5 billion-$4.6 billion, compared to the consensus revenue estimate of $4.6 billion.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Barclays increased their target price on shares of Fortune Brands Innovations from $63.00 to $68.00 and gave the stock an “overweight” rating in a report on Thursday, January 15th. Evercore reaffirmed an “outperform” rating on shares of Fortune Brands Innovations in a report on Friday, October 31st. Vertical Research assumed coverage on Fortune Brands Innovations in a research report on Tuesday, October 21st. They issued a “hold” rating and a $52.00 price objective on the stock. UBS Group decreased their target price on Fortune Brands Innovations from $83.00 to $79.00 and set a “buy” rating on the stock in a research note on Friday, October 31st. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $62.00 price objective on shares of Fortune Brands Innovations in a report on Friday, January 9th. Four analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $62.33.

Fortune Brands Innovations Price Performance

FBIN traded down $0.74 during trading hours on Thursday, hitting $62.33. The company’s stock had a trading volume of 2,914,468 shares, compared to its average volume of 2,054,437. Fortune Brands Innovations has a 12 month low of $44.04 and a 12 month high of $70.05. The company has a current ratio of 1.95, a quick ratio of 0.94 and a debt-to-equity ratio of 1.12. The business’s 50-day moving average price is $55.02 and its 200-day moving average price is $54.15. The stock has a market cap of $7.49 billion, a price-to-earnings ratio of 23.26, a P/E/G ratio of 5.44 and a beta of 1.41.

Fortune Brands Innovations (NYSE:FBIN) last posted its earnings results on Thursday, February 12th. The company reported $0.86 earnings per share for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.15). The business had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.14 billion. Fortune Brands Innovations had a return on equity of 19.28% and a net margin of 7.30%.Fortune Brands Innovations has set its FY 2026 guidance at 3.350-3.650 EPS. Sell-side analysts expect that Fortune Brands Innovations will post 4.24 earnings per share for the current fiscal year.

Fortune Brands Innovations Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Friday, February 20th will be paid a dividend of $0.26 per share. This is an increase from Fortune Brands Innovations’s previous quarterly dividend of $0.25. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, February 20th. Fortune Brands Innovations’s payout ratio is presently 37.31%.

Institutional Investors Weigh In On Fortune Brands Innovations

Hedge funds have recently made changes to their positions in the company. Royal Bank of Canada lifted its position in shares of Fortune Brands Innovations by 0.8% in the 1st quarter. Royal Bank of Canada now owns 41,713 shares of the company’s stock worth $2,539,000 after purchasing an additional 324 shares during the period. Empowered Funds LLC increased its holdings in shares of Fortune Brands Innovations by 20.5% in the 1st quarter. Empowered Funds LLC now owns 10,335 shares of the company’s stock valued at $629,000 after acquiring an additional 1,761 shares during the period. Geneos Wealth Management Inc. lifted its stake in shares of Fortune Brands Innovations by 83.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 852 shares of the company’s stock worth $52,000 after purchasing an additional 388 shares during the last quarter. Cetera Investment Advisers boosted its position in Fortune Brands Innovations by 7.6% during the second quarter. Cetera Investment Advisers now owns 10,382 shares of the company’s stock valued at $534,000 after purchasing an additional 731 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in Fortune Brands Innovations by 158.3% in the second quarter. EverSource Wealth Advisors LLC now owns 527 shares of the company’s stock valued at $27,000 after purchasing an additional 323 shares during the last quarter. 87.60% of the stock is currently owned by hedge funds and other institutional investors.

About Fortune Brands Innovations

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.