Fortune Brands Innovations (NYSE:FBIN) Sets New 1-Year Low – What’s Next?

Fortune Brands Innovations, Inc. (NYSE:FBIN)’s share price reached a new 52-week low during trading on Monday . The company traded as low as $43.71 and last traded at $44.41, with a volume of 825107 shares. The stock had previously closed at $45.68.

Analyst Ratings Changes

Several analysts have commented on the stock. Weiss Ratings restated a “hold (c-)” rating on shares of Fortune Brands Innovations in a research note on Monday, December 29th. Robert W. Baird set a $55.00 target price on shares of Fortune Brands Innovations in a research report on Friday, February 13th. Wolfe Research set a $64.00 price target on Fortune Brands Innovations in a research report on Friday, February 13th. UBS Group reissued a “buy” rating and issued a $70.00 price objective on shares of Fortune Brands Innovations in a report on Friday, February 13th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $61.00 target price on shares of Fortune Brands Innovations in a research note on Friday, February 13th. Four equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $60.00.

Fortune Brands Innovations Stock Performance

The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.89 and a current ratio of 1.84. The firm has a market capitalization of $5.35 billion, a PE ratio of 18.06, a price-to-earnings-growth ratio of 1.94 and a beta of 1.41. The firm’s 50 day moving average price is $55.72 and its 200-day moving average price is $53.66.

Fortune Brands Innovations (NYSE:FBIN) last issued its quarterly earnings data on Thursday, February 12th. The company reported $0.86 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 analyst estimates of $1.14 billion. Fortune Brands Innovations had a net margin of 6.70% and a return on equity of 18.54%. The firm’s revenue for the quarter was down 2.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.98 earnings per share. Fortune Brands Innovations has set its FY 2026 guidance at 3.350-3.650 EPS. On average, research analysts expect that Fortune Brands Innovations, Inc. will post 4.24 EPS for the current year.

Fortune Brands Innovations Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Friday, February 20th will be issued a dividend of $0.26 per share. The ex-dividend date of this dividend is Friday, February 20th. This is a positive change from Fortune Brands Innovations’s previous quarterly dividend of $0.25. This represents a $1.04 annualized dividend and a yield of 2.3%. Fortune Brands Innovations’s payout ratio is 42.11%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of FBIN. Danske Bank A S acquired a new stake in shares of Fortune Brands Innovations in the 4th quarter worth $25,000. Elevation Point Wealth Partners LLC acquired a new stake in Fortune Brands Innovations during the second quarter worth about $26,000. Hilltop National Bank acquired a new stake in Fortune Brands Innovations during the third quarter worth about $26,000. EverSource Wealth Advisors LLC raised its stake in Fortune Brands Innovations by 158.3% during the second quarter. EverSource Wealth Advisors LLC now owns 527 shares of the company’s stock worth $27,000 after purchasing an additional 323 shares during the period. Finally, V Square Quantitative Management LLC acquired a new position in Fortune Brands Innovations in the 4th quarter valued at about $28,000. 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.