Fortune Brands Innovations (NYSE:FBIN) Director Edward Garden Buys 5,900 Shares

20 May 2026, 23:08 by Teresa Graham · The Cerbat Gem

Fortune Brands Innovations, Inc. (NYSE:FBIN – Get Free Report) Director Edward Garden purchased 5,900 shares of the stock in a transaction dated Wednesday, May 20th. The shares were purchased at an average cost of $33.28 per share, for a total transaction of $196,352.00. Following the transaction, the director owned 3,562,767 shares in the company, valued at approximately $118,568,885.76. The trade was a 0.17% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Fortune Brands Innovations Trading Up 4.8%

Shares of FBIN stock traded up $1.59 on Wednesday, hitting $34.98. 2,857,097 shares of the stock traded hands, compared to its average volume of 2,833,915. The firm’s 50-day moving average price is $39.42 and its two-hundred day moving average price is $48.24. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.04 and a current ratio of 2.13. The stock has a market capitalization of $4.17 billion, a PE ratio of 15.55, a PEG ratio of 2.15 and a beta of 1.40. Fortune Brands Innovations, Inc. has a twelve month low of $32.34 and a twelve month high of $64.84.

Fortune Brands Innovations (NYSE:FBIN – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.53 earnings per share for the quarter, meeting the consensus estimate of $0.53. The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $1.01 billion. Fortune Brands Innovations had a net margin of 6.12% and a return on equity of 17.72%. The company’s revenue was down 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.66 EPS. As a group, analysts anticipate that Fortune Brands Innovations, Inc. will post 3.14 EPS for the current year.

Fortune Brands Innovations Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 22nd will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $1.04 annualized dividend and a dividend yield of 3.0%. Fortune Brands Innovations’s payout ratio is presently 46.22%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Danske Bank A S purchased a new stake in shares of Fortune Brands Innovations during the fourth quarter worth approximately $25,000. EverSource Wealth Advisors LLC increased its stake in shares of Fortune Brands Innovations by 158.3% during the second quarter. EverSource Wealth Advisors LLC now owns 527 shares of the company’s stock worth $27,000 after buying an additional 323 shares during the period. V Square Quantitative Management LLC purchased a new stake in shares of Fortune Brands Innovations during the fourth quarter worth approximately $28,000. Cary Street Partners Investment Advisory LLC increased its stake in shares of Fortune Brands Innovations by 1,275.0% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 550 shares of the company’s stock worth $28,000 after buying an additional 510 shares during the period. Finally, Cassaday & Co Wealth Management LLC purchased a new stake in shares of Fortune Brands Innovations during the first quarter worth approximately $30,000. Institutional investors and hedge funds own 87.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. JPMorgan Chase & Co. decreased their target price 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. 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. Bank of America decreased their target price on shares of Fortune Brands Innovations from $52.00 to $42.00 and set an “underperform” rating on the stock in a research report on Monday, April 20th. Robert W. Baird set a $44.00 target price on shares of Fortune Brands Innovations in a research report on Friday, May 8th. Finally, UBS Group decreased their target price 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. Four equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Fortune Brands Innovations currently has an average rating of “Hold” and a consensus target price of $51.31.

Get Our Latest Analysis on Fortune Brands Innovations

About Fortune Brands Innovations

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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.