Fortune Brands Innovations (NYSE:FBIN) Hits New 12-Month Low – Should You Sell?

Fortune Brands Innovations, Inc. (NYSE:FBIN)’s stock price reached a new 52-week low during trading on Tuesday . The stock traded as low as $37.07 and last traded at $37.1570, with a volume of 2799145 shares traded. The stock had previously closed at $38.17.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on FBIN shares. UBS Group restated a “buy” rating and set a $70.00 price objective on shares of Fortune Brands Innovations in a research note on Friday, February 13th. Robert W. Baird set a $55.00 target price on Fortune Brands Innovations in a research report on Friday, February 13th. BMO Capital Markets reduced their target price on Fortune Brands Innovations from $62.00 to $56.00 and set a “market perform” rating for the company in a research note on Tuesday, February 17th. Wolfe Research set a $64.00 price target on shares of Fortune Brands Innovations in a research report on Friday, February 13th. Finally, Zacks Research lowered shares of Fortune Brands Innovations from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 19th. Four research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Fortune Brands Innovations currently has an average rating of “Hold” and an average price target of $59.09.

Fortune Brands Innovations Stock Performance

The company has a debt-to-equity ratio of 1.07, a current ratio of 1.84 and a quick ratio of 0.89. The stock has a market capitalization of $4.58 billion, a P/E ratio of 15.47, a price-to-earnings-growth ratio of 1.66 and a beta of 1.49. The company has a fifty day moving average of $50.41 and a two-hundred day moving average of $51.41.

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

Hedge Funds Weigh In On Fortune Brands Innovations

A number of hedge funds have recently added to or reduced their stakes in the business. Vulcan Value Partners LLC increased its stake in Fortune Brands Innovations by 18.2% during the fourth quarter. Vulcan Value Partners LLC now owns 353,520 shares of the company’s stock valued at $17,683,000 after purchasing an additional 54,492 shares during the last quarter. Rockefeller Capital Management L.P. lifted its position in shares of Fortune Brands Innovations by 70.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 5,434 shares of the company’s stock worth $272,000 after buying an additional 2,242 shares during the last quarter. Corient Private Wealth LLC boosted its holdings in shares of Fortune Brands Innovations by 112.7% in the 4th quarter. Corient Private Wealth LLC now owns 43,447 shares of the company’s stock valued at $2,174,000 after buying an additional 23,022 shares during the period. Henson Edgewater Management LLC acquired a new position in shares of Fortune Brands Innovations in the 4th quarter valued at about $443,000. Finally, Kera Capital Partners Inc. bought a new stake in shares of Fortune Brands Innovations during the 4th quarter valued at about $298,000. 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.