Fortune Brands Innovations (NYSE:FBIN) Raised to Strong-Buy at DA Davidson

Posted by Brian Himes on Aug 26th, 2026

Fortune Brands Innovations (NYSE:FBIN – Get Free Report) was upgraded by stock analysts at DA Davidson to a “strong-buy” rating in a report issued on Monday,Zacks.com reports.

Other equities research analysts have also issued research reports about the company. JPMorgan Chase & Co. lowered their price objective on 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. Royal Bank Of Canada lifted their target price on shares of Fortune Brands Innovations from $50.00 to $57.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. The Goldman Sachs Group reiterated a “buy” rating and issued a $68.00 target price on shares of Fortune Brands Innovations in a research note on Wednesday, August 5th. UBS Group increased their price target on shares of Fortune Brands Innovations from $63.00 to $65.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Finally, Truist Financial upgraded shares of Fortune Brands Innovations from a “hold” rating to a “buy” rating and raised their price target for the company from $45.00 to $70.00 in a research report on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $55.71.

Get Our Latest Research Report on FBIN

Fortune Brands Innovations Trading Up 1.7%

NYSE FBIN opened at $45.74 on Monday. Fortune Brands Innovations has a 1 year low of $32.34 and a 1 year high of $64.84. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.01 and a quick ratio of 1.05. The company has a market capitalization of $5.46 billion, a PE ratio of 37.19, a P/E/G ratio of 3.80 and a beta of 1.31. The company has a fifty day moving average of $48.83 and a 200 day moving average of $45.27.

Fortune Brands Innovations (NYSE:FBIN – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $1.35 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.55. The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.16 billion. Fortune Brands Innovations had a return on equity of 19.50% and a net margin of 3.39%.The firm’s revenue for the quarter was down 4.1% compared to the same quarter last year. During the same period last year, the firm earned $1.00 EPS. Fortune Brands Innovations has set its FY 2026 guidance at 3.220-3.520 EPS. Research analysts forecast that Fortune Brands Innovations will post 3.32 earnings per share for the current year.

Insider Buying and Selling at Fortune Brands Innovations

In related news, Director Edward P. Garden bought 320,067 shares of the business’s stock in a transaction dated Wednesday, June 10th. The stock was acquired at an average price of $40.60 per share, with a total value of $12,994,720.20. Following the completion of the purchase, the director directly owned 3,940,234 shares of the company’s stock, valued at approximately $159,973,500.40. This trade represents a 8.84% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Jesse G. Singh bought 19,725 shares of the business’s stock in a transaction dated Thursday, August 6th. The shares were bought at an average cost of $51.66 per share, with a total value of $1,018,993.50. Following the purchase, the chief executive officer directly owned 19,725 shares of the company’s stock, valued at approximately $1,018,993.50. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders have acquired 359,352 shares of company stock worth $15,009,905. Insiders own 3.32% of the company’s stock.

Hedge Funds Weigh In On Fortune Brands Innovations

Several hedge funds and other institutional investors have recently made changes to their positions in FBIN. BlackRock Inc. purchased a new stake in shares of Fortune Brands Innovations during the second quarter worth approximately $1,062,255,000. California State Teachers Retirement System lifted its holdings in Fortune Brands Innovations by 4,773.0% in the 2nd quarter. California State Teachers Retirement System now owns 6,807,490 shares of the company’s stock valued at $373,731,000 after purchasing an additional 6,667,791 shares in the last quarter. Orbis Allan Gray Ltd boosted its stake in Fortune Brands Innovations by 586.7% during the 4th quarter. Orbis Allan Gray Ltd now owns 7,272,289 shares of the company’s stock worth $363,760,000 after purchasing an additional 6,213,274 shares during the last quarter. Garden Investment Management L.P. acquired a new stake in Fortune Brands Innovations during the 1st quarter worth $137,471,000. Finally, Pictet Asset Management Holding SA grew its holdings in shares of Fortune Brands Innovations by 74.0% during the first quarter. Pictet Asset Management Holding SA now owns 7,798,078 shares of the company’s stock worth $303,757,000 after buying an additional 3,317,232 shares in the last quarter. Hedge funds and other institutional investors own 87.60% of the company’s stock.

Fortune Brands Innovations Company Profile

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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.