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 7th.
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 4.1%
FBIN traded up $1.62 during midday trading on Tuesday, hitting $41.09. The company’s stock had a trading volume of 1,027,387 shares, compared to its average volume of 2,771,557. Fortune Brands Innovations, Inc. has a 52-week low of $32.34 and a 52-week high of $64.84. The firm has a 50-day moving average price of $38.65 and a two-hundred day moving average price of $47.30. The company has a current ratio of 2.13, a quick ratio of 1.04 and a debt-to-equity ratio of 1.15. The firm has a market cap of $4.90 billion, a P/E ratio of 18.27, a PEG ratio of 2.52 and a beta of 1.37.
Fortune Brands Innovations Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 22nd will be paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Friday, May 22nd. Fortune Brands Innovations’s dividend payout ratio (DPR) is presently 46.22%.
Hedge Funds Weigh In On Fortune Brands Innovations
Several hedge funds and other institutional investors have recently bought and sold shares of FBIN. Osaic Holdings Inc. raised its stake in shares of Fortune Brands Innovations by 0.8% during the fourth quarter. Osaic Holdings Inc. now owns 24,447 shares of the company’s stock valued at $1,223,000 after purchasing an additional 198 shares during the period. Assetmark Inc. lifted its position in shares of Fortune Brands Innovations by 1.2% during the fourth quarter. Assetmark Inc. now owns 17,728 shares of the company’s stock worth $887,000 after purchasing an additional 208 shares in the last quarter. TD Private Client Wealth LLC boosted its stake in shares of Fortune Brands Innovations by 3.0% in the fourth quarter. TD Private Client Wealth LLC now owns 7,308 shares of the company’s stock valued at $366,000 after purchasing an additional 213 shares during the period. UMB Bank n.a. grew its holdings in Fortune Brands Innovations by 8.3% during the 3rd quarter. UMB Bank n.a. now owns 2,794 shares of the company’s stock valued at $149,000 after purchasing an additional 215 shares in the last quarter. Finally, Fifth Third Bancorp grew its holdings in Fortune Brands Innovations by 11.3% during the 3rd quarter. Fifth Third Bancorp now owns 2,166 shares of the company’s stock valued at $116,000 after purchasing an additional 220 shares in the last quarter. 87.60% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
FBIN has been the topic of a number of research analyst reports. UBS Group decreased 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 report on Friday, May 8th. The Goldman Sachs Group cut their target price on 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. JPMorgan Chase & Co. reduced their target price on Fortune Brands Innovations from $42.00 to $39.00 and set a “neutral” rating on the stock in a report on Friday, May 15th. Robert W. Baird set a $44.00 price target on Fortune Brands Innovations in a research report on Friday, May 8th. Finally, Zelman & Associates lowered Fortune Brands Innovations from an “outperform” rating to a “neutral” rating in a research note on Friday, February 13th. Four investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $51.31.
Check Out Our Latest Research Report on Fortune Brands Innovations
Insider Transactions at Fortune Brands Innovations
In other news, Director Edward P. Garden acquired 57,400 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were purchased at an average price of $34.89 per share, for a total transaction of $2,002,686.00. Following the acquisition, the director directly owned 3,620,167 shares of the company’s stock, valued at $126,307,626.63. This represents a 1.61% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Over the last quarter, insiders have acquired 466,300 shares of company stock worth $15,659,238. Insiders own 3.32% of the company’s stock.
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.
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.
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