Fortune Brands Innovations (NYSE:FBIN) Shares Unloaded Rep. April McClain Delaney

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 Trading Up 4.5%

Fortune Brands Innovations stock traded up $1.76 during trading on Tuesday, hitting $41.23. The company’s stock had a trading volume of 3,554,687 shares, compared to its average volume of 2,475,757. The stock has a market capitalization of $4.92 billion, a price-to-earnings ratio of 18.32, a P/E/G ratio of 2.55 and a beta of 1.37. The stock’s fifty day moving average is $38.71 and its 200 day moving average is $47.27. Fortune Brands Innovations, Inc. has a 1-year low of $32.34 and a 1-year high of $64.84. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.04 and a current ratio of 2.13.

Fortune Brands Innovations (NYSE:FBIN) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.53 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.53. The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1.01 billion. Fortune Brands Innovations had a return on equity of 17.72% and a net margin of 6.12%.The firm’s quarterly revenue was down 2.1% on a year-over-year basis. During the same period last year, the company earned $0.66 EPS. As a group, equities research analysts predict that Fortune Brands Innovations, Inc. will post 3.13 EPS for the current year.

Fortune Brands Innovations Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 22nd will be given a $0.26 dividend. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.5%. Fortune Brands Innovations’s payout ratio is currently 46.22%.

Hedge Funds Weigh In On Fortune Brands Innovations

Hedge funds and other institutional investors have recently modified their holdings of the company. Aquatic Capital Management LLC grew its stake in shares of Fortune Brands Innovations by 75.5% in the third quarter. Aquatic Capital Management LLC now owns 95,042 shares of the company’s stock valued at $5,074,000 after buying an additional 40,898 shares in the last quarter. Thematics Asset Management purchased a new stake in shares of Fortune Brands Innovations during the 3rd quarter valued at about $12,287,000. Diamond Hill Capital Management Inc. lifted its position in Fortune Brands Innovations by 7.3% during the 4th quarter. Diamond Hill Capital Management Inc. now owns 554,244 shares of the company’s stock worth $27,723,000 after acquiring an additional 37,861 shares in the last quarter. Rafferty Asset Management LLC lifted its position in Fortune Brands Innovations by 118.3% during the 3rd quarter. Rafferty Asset Management LLC now owns 97,063 shares of the company’s stock worth $5,182,000 after acquiring an additional 52,598 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its holdings in Fortune Brands Innovations by 169.3% in the 3rd quarter. Victory Capital Management Inc. now owns 840,303 shares of the company’s stock worth $44,864,000 after acquiring an additional 528,237 shares during the period. 87.60% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Fortune Brands Innovations

In other news, Director Edward P. Garden acquired 57,400 shares of the company’s stock in a transaction dated Wednesday, May 20th. The shares were bought at an average price of $34.89 per share, for a total transaction of $2,002,686.00. Following the completion of the purchase, the director directly owned 3,620,167 shares of the company’s stock, valued at approximately $126,307,626.63. This trade represents a 1.61% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders have purchased a total of 466,300 shares of company stock valued at $15,659,238 over the last three months. 3.32% of the stock is owned by company insiders.

Analysts Set New Price Targets

FBIN has been the topic of several research analyst reports. The Goldman Sachs Group decreased their target price on shares of Fortune Brands Innovations from $69.00 to $61.00 and set a “buy” rating on the stock in a research report 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. UBS Group cut their price target on shares of Fortune Brands Innovations from $67.00 to $63.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. Zelman & Associates lowered shares of Fortune Brands Innovations from an “outperform” rating to a “neutral” rating in a report on Friday, February 13th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Fortune Brands Innovations in a research note on Friday, May 29th. Four analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average 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.