Wolfe Research Downgrades Fortune Brands Innovations (NYSE:FBIN) to Peer Perform

Fortune Brands Innovations (NYSE:FBIN) was downgraded by equities researchers at Wolfe Research from an “outperform” rating to a “peer perform” rating in a report issued on Friday, Marketbeat Ratings reports.

Several other research analysts have also weighed in on the stock. UBS Group restated a “buy” rating on shares of Fortune Brands Innovations in a research note on Friday. Zelman & Associates cut Fortune Brands Innovations to a “neutral” rating in a report on Friday. Weiss Ratings restated a “hold (c-)” rating on shares of Fortune Brands Innovations in a report on Monday, December 29th. Royal Bank Of Canada reiterated an “outperform” rating and set a $62.00 target price on shares of Fortune Brands Innovations in a research report on Friday, January 9th. Finally, Vertical Research started coverage on shares of Fortune Brands Innovations in a report on Tuesday, October 21st. They set a “hold” rating and a $52.00 target price on the stock. Three research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $60.89.

Fortune Brands Innovations Stock Performance

FBIN stock traded down $11.48 during trading on Friday, reaching $50.82. 6,986,857 shares of the stock were exchanged, compared to its average volume of 2,193,692. The company has a market capitalization of $6.11 billion, a P/E ratio of 18.96, a price-to-earnings-growth ratio of 5.33 and a beta of 1.41. Fortune Brands Innovations has a twelve month low of $44.04 and a twelve month high of $70.05. The stock has a 50 day simple moving average of $55.25 and a 200-day simple moving average of $54.21. The company has a current ratio of 1.95, a quick ratio of 0.94 and a debt-to-equity ratio of 1.12.

Fortune Brands Innovations (NYSE:FBIN) last issued its quarterly earnings data on Thursday, February 12th. The company reported $0.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.00 by ($0.14). 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 net margin of 7.30% and a return on equity of 19.28%. The company’s revenue for the quarter was down 2.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.98 EPS. Fortune Brands Innovations has set its FY 2026 guidance at 3.350-3.650 EPS. As a group, sell-side analysts anticipate that Fortune Brands Innovations will post 4.24 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Hilltop National Bank bought a new stake in Fortune Brands Innovations in the 3rd quarter worth approximately $26,000. Elevation Point Wealth Partners LLC bought a new position in Fortune Brands Innovations in the second quarter valued at about $26,000. Danske Bank A S purchased a new position in Fortune Brands Innovations in the fourth quarter worth about $25,000. EverSource Wealth Advisors LLC grew its stake in shares of Fortune Brands Innovations by 158.3% during 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 during the period. Finally, Cary Street Partners Investment Advisory LLC lifted its stake in shares of Fortune Brands Innovations by 1,275.0% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 550 shares of the company’s stock worth $28,000 after purchasing an additional 510 shares during the period. Institutional investors own 87.60% of the company’s stock.

Key Stories Impacting Fortune Brands Innovations

Here are the key news stories impacting Fortune Brands Innovations this week:

• Positive Sentiment: Company raised its dividend vs. last year, which supports income investors and offsets some investor concerns. Fortune Brands Innovations’ (NYSE:FBIN) Shareholders Will Receive A Bigger Dividend Than Last Year
• Neutral Sentiment: Board announced a CEO succession: Amit Banati will become CEO effective May 13, 2026 — a planned leadership change that reduces governance uncertainty but does not alter near‑term fundamentals. Fortune Brands Innovations Appoints Amit Banati as CEO
• Negative Sentiment: Quarterly results missed both EPS and revenue expectations (EPS $0.86 vs. $1.00; revenue $1.08B vs. $1.14B), signaling near‑term demand weakness and margin pressure. Company Q4 results and materials
• Negative Sentiment: Fiscal‑2026 guidance was well below consensus (EPS guide 3.35–3.65 vs. ~4.06), and revenue guidance was trimly below expectations — the guidance shortfall is the proximate cause cited for the share decline. Guidance shortfall story
• Negative Sentiment: Analysts reacted: Barclays reaffirmed an “equal weight” rating but cut its price target from $68 to $55, signaling reduced upside and prompting further selling pressure. Barclays rating and PT change

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.