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 Thursday morning. The company provided EPS guidance of 3.350-3.650 for the period, compared to the consensus EPS estimate of 4.060. The company issued revenue guidance of $4.5 billion-$4.6 billion, compared to the consensus revenue estimate of $4.6 billion.

Fortune Brands Innovations Stock Down 1.2%

Shares of FBIN traded down $0.74 during midday trading on Thursday, hitting $62.33. 2,914,468 shares of the company’s stock traded hands, compared to its average volume of 2,054,437. The company has a current ratio of 1.95, a quick ratio of 0.94 and a debt-to-equity ratio of 1.12. The stock has a market capitalization of $7.49 billion, a price-to-earnings ratio of 23.26, a price-to-earnings-growth ratio of 5.44 and a beta of 1.41. Fortune Brands Innovations has a 1 year low of $44.04 and a 1 year high of $70.05. The firm’s fifty day moving average is $55.02 and its 200-day moving average is $54.15.

Fortune Brands Innovations (NYSE:FBIN) last released its earnings results on Thursday, February 12th. The company reported $0.86 earnings per share for the quarter, missing the consensus estimate of $1.01 by ($0.15). Fortune Brands Innovations had a return on equity of 19.28% and a net margin of 7.30%.The company had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.14 billion. Fortune Brands Innovations has set its FY 2026 guidance at 3.350-3.650 EPS. As a group, sell-side analysts anticipate that Fortune Brands Innovations will post 4.24 earnings per share for the current year.

Fortune Brands Innovations Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Friday, February 20th will be issued a $0.26 dividend. This is a boost from Fortune Brands Innovations’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Friday, February 20th. This represents a $1.04 annualized dividend and a dividend yield of 1.7%. Fortune Brands Innovations’s payout ratio is presently 37.31%.

Analysts Set New Price Targets

FBIN has been the topic of a number of recent analyst reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Fortune Brands Innovations in a report on Monday, December 29th. Barclays lifted their price target on Fortune Brands Innovations from $63.00 to $68.00 and gave the company an “overweight” rating in a research note on Thursday, January 15th. Evercore reissued an “outperform” rating on shares of Fortune Brands Innovations in a report on Friday, October 31st. UBS Group reduced their target price on Fortune Brands Innovations from $83.00 to $79.00 and set a “buy” rating for the company in a research note on Friday, October 31st. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $62.00 price target on shares of Fortune Brands Innovations in a research note on Friday, January 9th. Four research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $62.33.

Institutional Trading of Fortune Brands Innovations

Several hedge funds have recently made changes to their positions in the company. Royal Bank of Canada lifted its holdings in Fortune Brands Innovations by 0.8% in the first quarter. Royal Bank of Canada now owns 41,713 shares of the company’s stock valued at $2,539,000 after acquiring an additional 324 shares during the last quarter. Empowered Funds LLC increased its position in shares of Fortune Brands Innovations by 20.5% during the 1st quarter. Empowered Funds LLC now owns 10,335 shares of the company’s stock worth $629,000 after purchasing an additional 1,761 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in Fortune Brands Innovations by 83.6% in the first quarter. Geneos Wealth Management Inc. now owns 852 shares of the company’s stock valued at $52,000 after buying an additional 388 shares during the last quarter. Cetera Investment Advisers boosted its stake in Fortune Brands Innovations by 7.6% during the second quarter. Cetera Investment Advisers now owns 10,382 shares of the company’s stock worth $534,000 after buying an additional 731 shares during the period. Finally, EverSource Wealth Advisors LLC increased its position in shares of Fortune Brands Innovations by 158.3% during the second quarter. EverSource Wealth Advisors LLC now owns 527 shares of the company’s stock valued at $27,000 after acquiring an additional 323 shares during the last quarter. Hedge funds and other institutional investors own 87.60% of the company’s stock.

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.