Fortune Brands Innovations (NYSE:FBIN) Cut to Equal Weight at Barclays

Barclays lowered shares of Fortune Brands Innovations (NYSE:FBIN) from an overweight rating to an equal weight rating in a report released on Friday morning, MarketBeat reports. The brokerage currently has $55.00 target price on the stock, down from their previous target price of $68.00.

Several other equities research analysts have also recently commented on FBIN. Weiss Ratings reiterated a “hold (c-)” rating on shares of Fortune Brands Innovations in a research report on Monday, December 29th. Evercore reiterated an “outperform” rating on shares of Fortune Brands Innovations in a research report on Friday, October 31st. Vertical Research began coverage on Fortune Brands Innovations in a research note on Tuesday, October 21st. They set a “hold” rating and a $52.00 price objective for the company. Royal Bank Of Canada restated an “outperform” rating and set a $62.00 target price on shares of Fortune Brands Innovations in a research report on Friday, January 9th. Finally, Zelman & Associates downgraded shares of Fortune Brands Innovations from an “outperform” rating to a “neutral” rating in a research report on Friday. Three investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $60.30.

Fortune Brands Innovations Stock Down 17.9%

NYSE FBIN opened at $51.18 on Friday. The stock has a market capitalization of $6.15 billion, a P/E ratio of 20.72, a price-to-earnings-growth ratio of 4.99 and a beta of 1.41. Fortune Brands Innovations has a 52 week low of $44.04 and a 52 week high of $70.05. 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 fifty day moving average of $55.27 and a 200-day moving average of $54.16.

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

Fortune Brands Innovations Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Friday, February 20th will be given a dividend of $0.26 per share. This is an increase from Fortune Brands Innovations’s previous quarterly dividend of $0.25. This represents a $1.04 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Friday, February 20th. Fortune Brands Innovations’s payout ratio is currently 40.49%.

Hedge Funds Weigh In On Fortune Brands Innovations

A number of large investors have recently modified their holdings of the business. Qube Research & Technologies Ltd bought a new stake in shares of Fortune Brands Innovations during the second quarter worth approximately $87,611,000. Norges Bank acquired a new stake in Fortune Brands Innovations during the 4th quarter worth approximately $83,796,000. Bank of New York Mellon Corp boosted its stake in Fortune Brands Innovations by 147.8% in the 3rd quarter. Bank of New York Mellon Corp now owns 2,691,827 shares of the company’s stock valued at $143,717,000 after purchasing an additional 1,605,453 shares during the period. Balyasny Asset Management L.P. bought a new position in Fortune Brands Innovations during the 2nd quarter worth $77,441,000. Finally, First Pacific Advisors LP increased its position in Fortune Brands Innovations by 152.2% during the 2nd quarter. First Pacific Advisors LP now owns 1,998,397 shares of the company’s stock worth $102,877,000 after buying an additional 1,205,880 shares during the period. 87.60% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting 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.

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.