Barclays Issues Pessimistic Forecast for Fortune Brands Innovations (NYSE:FBIN) Stock Price

Fortune Brands Innovations (NYSE:FBIN) had its price objective reduced by equities research analysts at Barclays from $55.00 to $43.00 in a report issued on Wednesday,Benzinga reports. The brokerage currently has an “equal weight” rating on the stock. Barclays‘s price target would indicate a potential upside of 5.30% from the company’s current price.

A number of other research analysts have also weighed in on the company. Robert W. Baird set a $55.00 price objective on Fortune Brands Innovations in a report on Friday, February 13th. Zelman & Associates lowered shares of Fortune Brands Innovations from an “outperform” rating to a “neutral” rating in a research report on Friday, February 13th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $61.00 price target on shares of Fortune Brands Innovations in a research note on Friday, February 13th. UBS Group reiterated a “buy” rating and issued a $70.00 price target on shares of Fortune Brands Innovations in a report on Friday, February 13th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Fortune Brands Innovations in a research note on Monday, December 29th. Four investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Fortune Brands Innovations presently has an average rating of “Hold” and an average target price of $58.00.

Fortune Brands Innovations Price Performance

Shares of FBIN opened at $40.84 on Wednesday. The company has a current ratio of 1.84, a quick ratio of 0.89 and a debt-to-equity ratio of 1.07. The stock’s 50 day moving average is $48.20 and its two-hundred day moving average is $50.66. Fortune Brands Innovations has a twelve month low of $36.07 and a twelve month high of $64.84. The firm has a market capitalization of $4.89 billion, a PE ratio of 16.53, a P/E/G ratio of 1.71 and a beta of 1.49.

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

Institutional Trading of Fortune Brands Innovations

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

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.