Fortune Brands Innovations (NYSE:FBIN) Stock Gets Price Target Reduction from Royal Bank Of Canada

Posted by Geri Gentry on Nov 7th, 2026

Fortune Brands Innovations (NYSE:FBIN – Free Report) had its target price cut by Royal Bank Of Canada from $49.00 to $48.00 in a research report report published on Wednesday morning,Benzinga reports. They currently have an outperform rating on the stock.

Other analysts have also issued reports about the stock. Citigroup reissued a “reduce” rating on shares of Fortune Brands Innovations in a research report on Monday, October 19th. Truist Financial dropped their target price on Fortune Brands Innovations from $70.00 to $60.00 and set a “buy” rating for the company in a research report on Wednesday. BMO Capital Markets upped their target price on Fortune Brands Innovations from $50.00 to $53.00 and gave the company a “market perform” rating in a research note on Tuesday, July 28th. DA Davidson started coverage on Fortune Brands Innovations in a research note on Monday, August 24th. They set a “buy” rating and a $64.00 target price on the stock. Finally, Zacks Research upgraded Fortune Brands Innovations from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $51.80.

Read Our Latest Report on FBIN

Fortune Brands Innovations Trading Up 2.1%

NYSE:FBIN traded up $0.97 during midday trading on Wednesday, hitting $48.01. 3,177,337 shares of the company traded hands, compared to its average volume of 2,008,644. The firm has a market capitalization of $5.73 billion, a P/E ratio of 45.29, a P/E/G ratio of 2.30 and a beta of 1.25. The firm’s fifty day moving average is $41.28 and its 200-day moving average is $44.95. Fortune Brands Innovations has a 12-month low of $32.34 and a 12-month high of $64.84. The company has a current ratio of 2.01, a quick ratio of 1.05 and a debt-to-equity ratio of 1.11.

Fortune Brands Innovations (NYSE:FBIN – Get Free Report) last posted its quarterly earnings data on Tuesday, November 3rd. The company reported $1.14 EPS for the quarter, topping the consensus estimate of $0.74 by $0.40. The company had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.12 billion. Fortune Brands Innovations had a net margin of 3.39% and a return on equity of 19.50%. Fortune Brands Innovations’s quarterly revenue was down 3.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.09 earnings per share. On average, sell-side analysts predict that Fortune Brands Innovations will post 3.25 EPS for the current year.

Fortune Brands Innovations Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 9th. Stockholders of record on Friday, November 20th will be issued a $0.26 dividend. The ex-dividend date is Friday, November 20th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.2%. Fortune Brands Innovations’s dividend payout ratio is presently 98.11%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in FBIN. Cassaday & Co Wealth Management LLC bought a new stake in Fortune Brands Innovations during the 1st quarter valued at about $30,000. EFG International AG bought a new position in Fortune Brands Innovations in the 2nd quarter worth about $32,000. Curry Webb Wealth Management LLC bought a new position in Fortune Brands Innovations in the 3rd quarter worth about $38,000. Community Bank N.A. grew its stake in Fortune Brands Innovations by 59.4% in the 2nd quarter. Community Bank N.A. now owns 765 shares of the company’s stock worth $42,000 after acquiring an additional 285 shares in the last quarter. Finally, Twin Tree Management LP purchased a new position in shares of Fortune Brands Innovations during the second quarter worth approximately $47,000. Hedge funds and other institutional investors own 87.60% of the company’s stock.

Fortune Brands Innovations Company Profile

(Get Free Report)

Fortune Brands Innovations, Inc is a manufacturer and marketer of products used in residential construction, remodeling and commercial applications. The company operates through businesses focused on water management, outdoor living and home safety and security.

Its portfolio includes plumbing products under brands such as Moen and House of Rohl; doors and related products marketed through Therma-Tru; composite decking and outdoor-living products from Fiberon; and locks, safes and security products sold under Master Lock and SentrySafe.