Fortune Brands Innovations (NYSE:FBIN) Hits New 12-Month Low – Here’s Why

Posted by Stanley Muller on May 19th, 2026

Fortune Brands Innovations, Inc. (NYSE:FBIN – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $33.70 and last traded at $33.7160, with a volume of 3219396 shares trading hands. The stock had previously closed at $34.37.

Analysts Set New Price Targets

Several brokerages recently issued reports on FBIN. Zelman & Associates lowered Fortune Brands Innovations from an “outperform” rating to a “neutral” rating in a research report on Friday, February 13th. Barclays reduced their target price on 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. BMO Capital Markets reduced their target price on 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. Wolfe Research set a $64.00 target price on Fortune Brands Innovations in a research report on Friday, February 13th. Finally, The Goldman Sachs Group reduced 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. Four equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Fortune Brands Innovations currently has an average rating of “Hold” and an average price target of $51.31.

Get Our Latest Stock Analysis on FBIN

Fortune Brands Innovations Stock Down 1.9%

The business has a fifty day moving average price of $39.88 and a two-hundred day moving average price of $48.45. The company has a debt-to-equity ratio of 1.15, a current ratio of 2.13 and a quick ratio of 1.04. The firm has a market capitalization of $4.02 billion, a price-to-earnings ratio of 14.98, a price-to-earnings-growth ratio of 2.19 and a beta of 1.40.

Fortune Brands Innovations (NYSE:FBIN – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.53 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.53. The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1.01 billion. Fortune Brands Innovations had a return on equity of 17.72% and a net margin of 6.12%.The company’s revenue was down 2.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.66 earnings per share. On average, equities analysts expect that Fortune Brands Innovations, Inc. will post 3.18 earnings per share for the current year.

Fortune Brands Innovations Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 22nd will be issued a $0.26 dividend. 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 3.1%. Fortune Brands Innovations’s dividend payout ratio is currently 46.22%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of FBIN. Orbis Allan Gray Ltd increased its holdings in shares of 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 purchasing an additional 6,213,274 shares during the period. Garden Investment Management L.P. acquired a new stake in Fortune Brands Innovations during the first quarter worth about $137,471,000. Pictet Asset Management Holding SA grew its holdings in 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 acquiring an additional 3,317,232 shares during the period. Norges Bank acquired a new stake in Fortune Brands Innovations during the fourth quarter worth about $83,796,000. Finally, Bank of New York Mellon Corp grew its holdings in Fortune Brands Innovations by 147.8% during the third quarter. Bank of New York Mellon Corp now owns 2,691,827 shares of the company’s stock worth $143,717,000 after acquiring an additional 1,605,453 shares during the period. 87.60% of the stock is owned by institutional investors and hedge funds.

Fortune Brands Innovations Company Profile

(Get 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.