Fortune Brands Innovations (NYSE:FBIN) Cut to Peer Perform at Wolfe Research

Wolfe Research downgraded shares of Fortune Brands Innovations (NYSE:FBIN) from an outperform rating to a peer perform rating in a research note released on Friday morning, MarketBeat Ratings reports.

FBIN has been the topic of a number of other reports. Evercore reiterated an “outperform” rating on shares of Fortune Brands Innovations in a report on Friday, October 31st. Weiss Ratings restated a “hold (c-)” rating on shares of Fortune Brands Innovations in a research report on Monday, December 29th. Zelman & Associates cut Fortune Brands Innovations from an “outperform” rating to a “neutral” rating in a report on Friday. Barclays downgraded Fortune Brands Innovations from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $68.00 to $55.00 in a research report on Friday. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $62.00 price objective on shares of Fortune Brands Innovations in a report on Friday, January 9th. Three equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $60.30.

Fortune Brands Innovations Trading Down 17.9%

Shares of FBIN opened at $51.18 on Friday. Fortune Brands Innovations has a 12-month low of $44.04 and a 12-month high of $70.05. The firm has a market capitalization of $6.15 billion, a P/E ratio of 20.72, a P/E/G ratio of 4.99 and a beta of 1.41. The firm has a 50-day moving average price of $55.27 and a 200 day moving average price of $54.16. The company has a current ratio of 1.84, a quick ratio of 0.89 and a debt-to-equity ratio of 1.07.

Fortune Brands Innovations (NYSE:FBIN) last posted its earnings results on Thursday, February 12th. The company reported $0.86 earnings per share for the quarter, missing the consensus estimate of $1.00 by ($0.14). Fortune Brands Innovations had a net margin of 6.70% and a return on equity of 18.54%. The firm had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.14 billion. During the same quarter in the previous year, the firm earned $0.98 earnings per share. The business’s revenue for the quarter was down 2.4% compared to the same quarter last year. Fortune Brands Innovations has set its FY 2026 guidance at 3.350-3.650 EPS. Sell-side analysts forecast that Fortune Brands Innovations will post 4.24 EPS for the current year.

Fortune Brands Innovations Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Investors of record on Friday, February 20th will be issued a dividend of $0.26 per share. This is a positive change from Fortune Brands Innovations’s previous quarterly dividend of $0.25. The ex-dividend date is Friday, February 20th. This represents a $1.04 dividend on an annualized basis and a yield of 2.0%. Fortune Brands Innovations’s dividend payout ratio (DPR) is 40.49%.

Institutional Trading of Fortune Brands Innovations

Institutional investors and hedge funds have recently bought and sold shares of the business. Hilltop National Bank acquired a new position in shares of Fortune Brands Innovations in the third quarter valued at approximately $26,000. Elevation Point Wealth Partners LLC acquired a new stake in Fortune Brands Innovations during the 2nd quarter worth approximately $26,000. Danske Bank A S purchased a new position in Fortune Brands Innovations in the 4th quarter valued at approximately $25,000. EverSource Wealth Advisors LLC boosted its position in Fortune Brands Innovations by 158.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 527 shares of the company’s stock valued at $27,000 after buying an additional 323 shares during the period. Finally, Cary Street Partners Investment Advisory LLC grew its stake in shares of Fortune Brands Innovations by 1,275.0% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 550 shares of the company’s stock worth $28,000 after acquiring an additional 510 shares in the last quarter. 87.60% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Fortune Brands Innovations

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

• Positive Sentiment: Board approved a larger dividend for shareholders, which supports income-minded investors and offsets some of the earnings disappointment. Read More.
• Neutral Sentiment: Company announced a CEO transition (Amit Banati to become CEO effective May 13, 2026); leadership change could be constructive long term but creates short-term uncertainty. Read More.
• Neutral Sentiment: Management released Q4 results, a slide deck and the earnings call presentation — useful for parsing margin drivers, channel trends and cost initiatives. (These materials provide detail but didn’t prevent the negative market reaction.) Read More.
• Negative Sentiment: Q4 EPS of $0.86 and revenue of $1.08B missed consensus ($1.00 EPS; ~$1.14B revenue); revenue declined year-over-year, signaling near-term demand weakness. Read More.
• Negative Sentiment: FY2026 EPS guidance was set at $3.35–$3.65 versus Street ~4.06, and revenue guidance was trimmed — the guidance gap is the primary driver of the selloff. Read More.
• Negative Sentiment: Analysts reacted: Wolfe Research downgraded FBIN to “peer perform” after the results, and Barclays reaffirmed “equal weight” but cut its price target from $68 to $55 — pressure on sentiment and the stock’s target prices. Read More. | Read More.
• Negative Sentiment: Market reaction was sharp: unusually high volume on the drop, suggesting forced/rapid repositioning and reduced near-term conviction among some holders. Read More.

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.