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

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

Analyst Upgrades and Downgrades

A number of research analysts recently commented on FBIN shares. Bank of America decreased their price target on shares of Fortune Brands Innovations from $52.00 to $42.00 and set an “underperform” rating on the stock in a research note on Monday, April 20th. Zacks Research downgraded shares of Fortune Brands Innovations from a “hold” rating to a “strong sell” rating in a research report on Thursday, February 19th. Royal Bank Of Canada decreased their price target on shares of Fortune Brands Innovations from $56.00 to $50.00 and set an “outperform” rating for the company in a research note on Friday. Truist Financial lowered their price objective on Fortune Brands Innovations from $55.00 to $45.00 and set a “hold” rating on the stock in a research report on Friday. Finally, BMO Capital Markets decreased their target price on Fortune Brands Innovations from $56.00 to $50.00 and set a “market perform” rating for the company in a report on Monday, April 20th. Four research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Fortune Brands Innovations currently has an average rating of “Hold” and a consensus target price of $52.50.

Fortune Brands Innovations Stock Down 2.9%

FBIN stock traded down $1.12 on Friday, hitting $37.96. 8,664,647 shares of the company’s stock were exchanged, compared to its average volume of 2,810,856. Fortune Brands Innovations has a 12-month low of $36.07 and a 12-month high of $64.84. The firm has a 50 day moving average price of $42.14 and a two-hundred day moving average price of $49.20. 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 stock has a market cap of $4.55 billion, a P/E ratio of 15.37, a price-to-earnings-growth ratio of 1.95 and a beta of 1.40.

Fortune Brands Innovations (NYSE:FBIN) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.53 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.53. Fortune Brands Innovations had a net margin of 6.70% and a return on equity of 18.54%. The business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter in the prior year, the firm posted $0.66 earnings per share. The company’s revenue was down 2.1% compared to the same quarter last year. As a group, equities research analysts expect that Fortune Brands Innovations will post 3.4 EPS for the current fiscal year.

Fortune Brands Innovations Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 22nd will be given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, May 22nd. Fortune Brands Innovations’s dividend payout ratio (DPR) is 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 Investors Weigh In On Fortune Brands Innovations

Institutional investors and hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC increased its position 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 last quarter. Brown Brothers Harriman & Co. lifted its position in shares of Fortune Brands Innovations by 628.9% during the fourth quarter. Brown Brothers Harriman & Co. now owns 605 shares of the company’s stock worth $30,000 after purchasing an additional 522 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new position in Fortune Brands Innovations in the 3rd quarter valued at about $31,000. Caitong International Asset Management Co. Ltd grew its stake in Fortune Brands Innovations by 180.7% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 741 shares of the company’s stock valued at $40,000 after purchasing an additional 477 shares in the last quarter. Finally, Darwin Wealth Management LLC acquired a new stake in shares of Fortune Brands Innovations during the second quarter worth approximately $47,000. Hedge funds and other institutional investors own 87.60% of the company’s stock.

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.