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

Fortune Brands Innovations (NYSE:FBIN) updated its FY 2026 earnings guidance on Friday. The company provided EPS guidance of 3.000-3.300 for the period, compared to the consensus EPS estimate of 3.350. The company issued revenue guidance of -.

Analysts Set New Price Targets

FBIN has been the subject of several research reports. The Goldman Sachs Group reduced their target price on Fortune Brands Innovations from $69.00 to $61.00 and set a “buy” rating for the company in a research note on Tuesday, February 17th. Zelman & Associates cut Fortune Brands Innovations from an “outperform” rating to a “neutral” rating in a report on Friday, February 13th. Wolfe Research set a $64.00 price target on shares of Fortune Brands Innovations in a research note on Friday, February 13th. BMO Capital Markets lowered their price objective on shares of Fortune Brands Innovations from $56.00 to $50.00 and set a “market perform” rating on the stock in a report on Monday, April 20th. Finally, Royal Bank Of Canada decreased their target price on shares of Fortune Brands Innovations from $56.00 to $50.00 and set an “outperform” rating for the company in a research report on Friday. Four investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $52.50.

Fortune Brands Innovations Stock Down 2.9%

Shares of FBIN traded down $1.12 during trading hours on Friday, reaching $37.96. 8,733,496 shares of the stock traded hands, compared to its average volume of 2,810,856. Fortune Brands Innovations has a 52 week low of $36.07 and a 52 week high of $64.84. The company has a current ratio of 1.84, a quick ratio of 0.89 and a debt-to-equity ratio of 1.07. The stock has a fifty day simple moving average of $42.14 and a 200 day simple moving average of $49.20. The company has a market cap of $4.55 billion, a price-to-earnings ratio of 15.37, a PEG ratio of 1.95 and a beta of 1.40.

Fortune Brands Innovations (NYSE:FBIN) last posted its earnings results on Thursday, May 7th. The company reported $0.53 EPS for the quarter, hitting the consensus estimate of $0.53. The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $1.01 billion. Fortune Brands Innovations had a net margin of 6.70% and a return on equity of 18.54%. The company’s quarterly revenue was down 2.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.66 EPS. On average, equities analysts forecast that Fortune Brands Innovations will post 3.4 EPS for the current year.

Fortune Brands Innovations Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 22nd will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $1.04 annualized dividend and a dividend yield of 2.7%. Fortune Brands Innovations’s dividend payout ratio (DPR) is currently 42.11%.

Key Stories Impacting Fortune Brands Innovations

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

• Neutral Sentiment: Fortune Brands reported first-quarter EPS of $0.53 and revenue of $1.01 billion, both in line with Wall Street estimates, which suggests the quarter was solid but not enough to spark a positive surprise.
• Neutral Sentiment: The company said sales grew in brands such as Moen, House of Rohl, and Therma-Tru, but also pointed to “inconsistent execution” and a challenging external environment, which clouds the near-term outlook.
• Positive Sentiment: RBC Capital kept an outperform rating on Fortune Brands Innovations and still sees upside from current levels, even though it lowered its price target from $56 to $50. Benzinga report on RBC price target cut
• Negative Sentiment: Management lowered FY2026 EPS guidance to $3.00-$3.30, below the consensus estimate of $3.35, signaling more caution about profitability for the rest of the year.
• Negative Sentiment: Year-over-year EPS fell from $0.66 to $0.53 and revenue declined 2.1%, reinforcing concerns that growth is slowing.

Institutional Trading of Fortune Brands Innovations

Several hedge funds have recently added to or reduced their stakes in the stock. Orbis Allan Gray Ltd increased its holdings in Fortune Brands Innovations by 586.7% in the 4th quarter. Orbis Allan Gray Ltd now owns 7,272,289 shares of the company’s stock worth $363,760,000 after acquiring an additional 6,213,274 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Fortune Brands Innovations by 16.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,792,715 shares of the company’s stock worth $189,717,000 after buying an additional 541,633 shares during the period. Amundi raised its holdings in Fortune Brands Innovations by 15.2% during the 3rd quarter. Amundi now owns 2,879,208 shares of the company’s stock valued at $152,263,000 after acquiring an additional 380,275 shares during the period. Freestone Grove Partners LP lifted its position in shares of Fortune Brands Innovations by 143.6% during the fourth quarter. Freestone Grove Partners LP now owns 1,949,958 shares of the company’s stock worth $97,537,000 after acquiring an additional 1,149,583 shares in the last quarter. Finally, Balyasny Asset Management L.P. bought a new position in shares of Fortune Brands Innovations in the second quarter worth $77,441,000. Institutional investors 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.