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 4th.
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 Price Performance
Shares of Fortune Brands Innovations stock traded up $1.76 during trading hours on Tuesday, reaching $41.23. 3,554,687 shares of the company’s stock were exchanged, compared to its average volume of 2,795,212. Fortune Brands Innovations, Inc. has a 1 year low of $32.34 and a 1 year high of $64.84. The company has a market capitalization of $4.92 billion, a P/E ratio of 18.32, a price-to-earnings-growth ratio of 2.52 and a beta of 1.37. The business has a fifty day moving average of $38.65 and a two-hundred day moving average of $47.30. The company has a quick ratio of 1.04, a current ratio of 2.13 and a debt-to-equity ratio of 1.15.
Fortune Brands Innovations Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 22nd will be issued a dividend of $0.26 per share. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.5%. Fortune Brands Innovations’s dividend payout ratio is presently 46.22%.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of the stock. Pictet Asset Management Holding SA lifted its position in Fortune Brands Innovations by 74.0% in the first quarter. Pictet Asset Management Holding SA now owns 7,798,078 shares of the company’s stock valued at $303,757,000 after buying an additional 3,317,232 shares during the last quarter. Orbis Allan Gray Ltd lifted its position in Fortune Brands Innovations by 586.7% in the fourth quarter. Orbis Allan Gray Ltd now owns 7,272,289 shares of the company’s stock valued at $363,760,000 after buying an additional 6,213,274 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Fortune Brands Innovations by 7.2% in the first quarter. Dimensional Fund Advisors LP now owns 4,064,086 shares of the company’s stock valued at $158,362,000 after buying an additional 271,371 shares during the last quarter. Garden Investment Management L.P. acquired a new position in Fortune Brands Innovations in the first quarter valued at about $137,471,000. Finally, Bank of New York Mellon Corp lifted its position in Fortune Brands Innovations by 20.2% in the fourth quarter. Bank of New York Mellon Corp now owns 3,236,159 shares of the company’s stock valued at $161,873,000 after buying an additional 544,332 shares during the last quarter. Institutional investors and hedge funds own 87.60% of the company’s stock.
Insider Buying and Selling
In related news, Director Edward P. Garden bought 403,000 shares of the firm’s stock in a transaction on Tuesday, May 19th. The shares were bought at an average price of $33.40 per share, with a total value of $13,460,200.00. Following the completion of the transaction, the director directly owned 3,556,867 shares of the company’s stock, valued at $118,799,357.80. This represents a 12.78% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have bought a total of 466,300 shares of company stock valued at $15,659,238 over the last 90 days. Corporate insiders own 3.32% of the company’s stock.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on the stock. JPMorgan Chase & Co. lowered their price target on shares of Fortune Brands Innovations from $42.00 to $39.00 and set a “neutral” rating on the stock in a research report on Friday, May 15th. UBS Group lowered 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 research report on Friday, May 8th. Barclays lowered their price target on shares of Fortune Brands Innovations from $43.00 to $41.00 and set an “equal weight” rating on the stock in a research report on Monday, May 11th. Zacks Research cut shares of Fortune Brands Innovations from a “hold” rating to a “strong sell” rating in a research report on Thursday, February 19th. Finally, BMO Capital Markets lowered their price target on shares of Fortune Brands Innovations from $56.00 to $50.00 and set a “market perform” rating on the stock in a research report on Monday, April 20th. Four equities research 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’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $51.31.
Get Our Latest Analysis on Fortune Brands Innovations
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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