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

Fortune Brands Innovations (NYSE:FBIN) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 3.350-3.650 for the period, compared to the consensus 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.

Fortune Brands Innovations Stock Down 1.2%

Shares of NYSE:FBIN traded down $0.74 during midday trading on Thursday, reaching $62.33. 2,914,468 shares of the company were exchanged, compared to its average volume of 2,054,437. The firm has a market cap of $7.49 billion, a PE ratio of 23.26, a P/E/G ratio of 5.44 and a beta of 1.41. Fortune Brands Innovations has a fifty-two week low of $44.04 and a fifty-two week high of $70.05. The stock has a fifty day simple moving average of $55.02 and a two-hundred day simple moving average of $54.15. The company has a quick ratio of 0.94, a current ratio of 1.95 and a debt-to-equity ratio of 1.12.

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

Fortune Brands Innovations Increases Dividend

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

Analyst Upgrades and Downgrades

Several analysts have issued reports on FBIN shares. Vertical Research began coverage on Fortune Brands Innovations in a research note on Tuesday, October 21st. They issued a “hold” rating and a $52.00 price objective on the stock. Weiss Ratings restated a “hold (c-)” rating on shares of Fortune Brands Innovations in a research note on Monday, December 29th. Barclays raised their price target on Fortune Brands Innovations from $63.00 to $68.00 and gave the company an “overweight” rating in a report on Thursday, January 15th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $62.00 price objective on shares of Fortune Brands Innovations in a report on Friday, January 9th. Finally, UBS Group cut their target price on shares of Fortune Brands Innovations from $83.00 to $79.00 and set a “buy” rating for the company in a research note on Friday, October 31st. Four equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $62.33.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in FBIN. Geneos Wealth Management Inc. grew its position in Fortune Brands Innovations by 30.0% in the second quarter. Geneos Wealth Management Inc. now owns 1,108 shares of the company’s stock valued at $57,000 after acquiring an additional 256 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Fortune Brands Innovations by 158.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 527 shares of the company’s stock valued at $27,000 after purchasing an additional 323 shares in the last quarter. Royal Bank of Canada grew its holdings in shares of Fortune Brands Innovations by 0.8% during the 1st quarter. Royal Bank of Canada now owns 41,713 shares of the company’s stock valued at $2,539,000 after purchasing an additional 324 shares during the last quarter. Cresset Asset Management LLC grew its holdings in shares of Fortune Brands Innovations by 8.1% during the 3rd quarter. Cresset Asset Management LLC now owns 4,600 shares of the company’s stock valued at $246,000 after purchasing an additional 345 shares during the last quarter. Finally, LPL Financial LLC increased its position in Fortune Brands Innovations by 0.7% during the 4th quarter. LPL Financial LLC now owns 49,360 shares of the company’s stock worth $2,469,000 after purchasing an additional 345 shares in the last quarter. Institutional investors and hedge funds own 87.60% of the company’s stock.

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.