J. Goldman & Co LP Makes New $2.66 Million Investment in Fortune Brands Innovations, Inc. $FBIN

Posted by George Bondi on Aug 26th, 2026

J. Goldman & Co LP bought a new stake in Fortune Brands Innovations, Inc. (NYSE:FBIN – Free Report) during the 2nd quarter, Holdings Channel reports. The fund bought 48,413 shares of the company’s stock, valued at approximately $2,658,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Osaic Holdings Inc. grew its holdings in Fortune Brands Innovations by 0.8% during the 4th quarter. Osaic Holdings Inc. now owns 24,447 shares of the company’s stock worth $1,223,000 after acquiring an additional 198 shares during the period. TD Private Client Wealth LLC grew its stake in shares of Fortune Brands Innovations by 3.0% during the fourth quarter. TD Private Client Wealth LLC now owns 7,308 shares of the company’s stock worth $366,000 after purchasing an additional 213 shares during the period. Geneos Wealth Management Inc. increased its holdings in Fortune Brands Innovations by 30.0% in the second quarter. Geneos Wealth Management Inc. now owns 1,108 shares of the company’s stock valued at $57,000 after purchasing an additional 256 shares during the last quarter. Parallel Advisors LLC lifted its stake in Fortune Brands Innovations by 31.8% in the first quarter. Parallel Advisors LLC now owns 1,247 shares of the company’s stock valued at $49,000 after buying an additional 301 shares during the period. Finally, IMA Advisory Services Inc. boosted its holdings in Fortune Brands Innovations by 3.3% during the first quarter. IMA Advisory Services Inc. now owns 9,713 shares of the company’s stock worth $379,000 after buying an additional 306 shares during the last quarter. 87.60% of the stock is owned by institutional investors.

Analysts Set New Price Targets

FBIN has been the topic of a number of analyst reports. Wells Fargo & Company initiated coverage on shares of Fortune Brands Innovations in a research report on Monday. They issued an “overweight” rating and a $52.00 price target on the stock. Robert W. Baird set a $44.00 price target on shares of Fortune Brands Innovations in a report on Friday, May 8th. Zacks Research upgraded shares of Fortune Brands Innovations from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. JPMorgan Chase & Co. decreased their target price on Fortune Brands Innovations from $42.00 to $39.00 and set a “neutral” rating for the company in a research note on Friday, May 15th. Finally, BMO Capital Markets raised their price target on Fortune Brands Innovations from $50.00 to $53.00 and gave the stock a “market perform” rating in a research report on Tuesday, July 28th. Seven analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $55.71.

Check Out Our Latest Report on Fortune Brands Innovations

Insider Buying and Selling at Fortune Brands Innovations

In other Fortune Brands Innovations news, CEO Jesse G. Singh purchased 19,725 shares of the business’s stock in a transaction on Thursday, August 6th. The shares were purchased at an average cost of $51.66 per share, with a total value of $1,018,993.50. Following the transaction, the chief executive officer directly owned 19,725 shares of the company’s stock, valued at $1,018,993.50. This represents a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Edward P. Garden acquired 320,067 shares of Fortune Brands Innovations stock in a transaction dated Wednesday, June 10th. The shares were 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 owned 3,940,234 shares in the company, valued at approximately $159,973,500.40. The trade was a 8.84% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have purchased 359,352 shares of company stock valued at $15,009,905 in the last 90 days. 3.32% of the stock is currently owned by corporate insiders.

Fortune Brands Innovations Price Performance

FBIN stock opened at $45.74 on Wednesday. The company has a current ratio of 2.01, a quick ratio of 1.05 and a debt-to-equity ratio of 1.11. The stock has a market cap of $5.46 billion, a PE ratio of 37.19, a price-to-earnings-growth ratio of 3.80 and a beta of 1.31. The stock has a 50-day moving average price of $48.83 and a two-hundred day moving average price of $45.27. Fortune Brands Innovations, Inc. has a 1 year low of $32.34 and a 1 year high of $64.84.

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

Fortune Brands Innovations Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Friday, August 21st will be given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, August 21st. Fortune Brands Innovations’s payout ratio is currently 84.55%.

Fortune Brands Innovations Profile

(Free Report)

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.