Rep. April McClain Delaney Sells Off Shares of Fortune Brands Innovations, Inc. (NYSE:FBIN)

Representative April McClain Delaney (Democratic-Maryland) recently sold shares of Fortune Brands Innovations, Inc. (NYSE:FBIN). In a filing disclosed on June 05th, the Representative disclosed that they had sold between $1,001 and $15,000 in Fortune Brands Innovations stock on May 6th.

Representative April McClain Delaney also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Hubbell (NYSE:HUBB) on 5/29/2026.
• Sold $1,001 – $15,000 in shares of Tractor Supply (NASDAQ:TSCO) on 5/28/2026.
• Purchased $1,001 – $15,000 in shares of Martin Marietta Materials (NYSE:MLM) on 5/28/2026.
• Purchased $1,001 – $15,000 in shares of Hubbell (NYSE:HUBB) on 5/28/2026.
• Sold $1,001 – $15,000 in shares of EMCOR Group (NYSE:EME) on 5/28/2026.
• Sold $1,001 – $15,000 in shares of Viking (NYSE:VIK) on 5/28/2026.
• Purchased $1,001 – $15,000 in shares of C.H. Robinson Worldwide (NASDAQ:CHRW) on 5/28/2026.
• Sold $1,001 – $15,000 in shares of Viking (NYSE:VIK) on 5/27/2026.
• Sold $1,001 – $15,000 in shares of Tractor Supply (NASDAQ:TSCO) on 5/27/2026.
• Sold $1,001 – $15,000 in shares of Tractor Supply (NASDAQ:TSCO) on 5/26/2026.

Fortune Brands Innovations Stock Up 4.5%

FBIN stock traded up $1.76 during trading on Tuesday, hitting $41.23. 3,554,687 shares of the company’s stock were exchanged, compared to its average volume of 2,795,174. The business has a 50-day moving average price of $38.65 and a two-hundred day moving average price of $47.30. The company has a current ratio of 2.13, a quick ratio of 1.04 and a debt-to-equity ratio of 1.15. The stock has a market capitalization of $4.92 billion, a price-to-earnings ratio of 18.32, a PEG ratio of 2.52 and a beta of 1.37. Fortune Brands Innovations, Inc. has a 52-week low of $32.34 and a 52-week high of $64.84.

Fortune Brands Innovations (NYSE:FBIN) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.53 EPS for the quarter, meeting the consensus estimate of $0.53. The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1.01 billion. Fortune Brands Innovations had a net margin of 6.12% and a return on equity of 17.72%. The firm’s revenue was down 2.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.66 earnings per share. As a group, equities research analysts expect that Fortune Brands Innovations, Inc. will post 3.13 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. This represents a $1.04 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Friday, May 22nd. Fortune Brands Innovations’s dividend payout ratio (DPR) is 46.22%.

Hedge Funds Weigh In On Fortune Brands Innovations

Several hedge funds have recently bought and sold shares of the company. Danske Bank A S purchased a new stake in shares of Fortune Brands Innovations in the 4th quarter worth about $25,000. EverSource Wealth Advisors LLC lifted its position in shares of 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 acquiring an additional 323 shares in the last quarter. V Square Quantitative Management LLC acquired a new stake in shares of Fortune Brands Innovations during the fourth quarter valued at $28,000. Cary Street Partners Investment Advisory LLC increased its position in Fortune Brands Innovations by 1,275.0% during 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 in the last quarter. Finally, Cassaday & Co Wealth Management LLC acquired a new position in Fortune Brands Innovations in the 1st quarter valued at about $30,000. 87.60% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Edward P. Garden purchased 57,400 shares of the stock in a transaction dated Wednesday, May 20th. The stock was acquired at an average cost of $34.89 per share, for a total transaction of $2,002,686.00. Following the completion of the acquisition, the director directly owned 3,620,167 shares in the company, valued at $126,307,626.63. This represents a 1.61% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Over the last 90 days, insiders have bought 466,300 shares of company stock worth $15,659,238. 3.32% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms recently commented on FBIN. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Fortune Brands Innovations in a research report on Friday, May 29th. Barclays lowered their price objective on shares of Fortune Brands Innovations from $43.00 to $41.00 and set an “equal weight” rating on the stock in a research report on Monday, May 11th. The Goldman Sachs Group cut their price objective on shares of Fortune Brands Innovations from $69.00 to $61.00 and set a “buy” rating for the company in a research report on Tuesday, February 17th. Robert W. Baird set a $44.00 target price on shares of Fortune Brands Innovations in a report on Friday, May 8th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Fortune Brands Innovations from $42.00 to $39.00 and set a “neutral” rating on the stock in a research note on Friday, May 15th. Four analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Fortune Brands Innovations presently has a consensus rating of “Hold” and an average price target of $51.31.

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland’s 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland’s 6th Congressional District. She declared candidacy for the 2026 election.

April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor’s degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

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.