Fortune Brands Innovations (NYSE:FBIN) Issues Earnings Results, Meets Expectations

Fortune Brands Innovations (NYSE:FBIN) announced its quarterly earnings data on Thursday. The company reported $0.53 EPS for the quarter, hitting analysts’ consensus estimates of $0.53, FiscalAI reports. The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $1.01 billion. Fortune Brands Innovations had a return on equity of 18.54% and a net margin of 6.70%.The company’s revenue was down 2.1% on a year-over-year basis. During the same period last year, the company earned $0.66 earnings per share.

Here are the key takeaways from Fortune Brands Innovations’ conference call:

• Updated 2026 guidance reset to reflect a measured pullback: full?year net sales now expected to be down low single digits, EPS of $3.00–$3.30 and operating margin of 13.5%–14.5%, driven by higher commodity and freight costs and a conservative sales outlook.
• The company doubled its targeted annualized cost savings to $70 million (from $35M) and expects to capture $15 million of those savings in 2026, representing over 150 bps of potential annual margin improvement.
• First?quarter results were weak: sales of $1.0B (?2%), operating income $112M (?18%) and operating margin down 200 bps to 11.1%; free cash flow was negative $140M and net leverage stood at ~2.9x (net debt ~$2.5B), with a stated target to reduce leverage below 2.5x.
• Leadership and governance changes continue: the board reopened the permanent CEO search while naming Dave Barry as Interim CEO and Ashley George as Interim CFO, adding director Ed Garden and saying the board is actively engaged in value?creation oversight.
• Management outlined operational priorities to accelerate new product development, fix sales & operations planning, and optimize capacity, citing early wins (e.g., Therma?Tru product launch at ~125% of plan, Yale Pro 2 and Master Lock Elite launches) and expecting ~300 bps of margin improvement in H2 as tariffs normalize and cost actions ramp.

Fortune Brands Innovations Trading Down 2.3%

FBIN traded down $0.92 during midday trading on Thursday, reaching $39.01. 3,563,515 shares of the company were exchanged, compared to its average volume of 2,093,759. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.89 and a current ratio of 1.84. Fortune Brands Innovations has a one year low of $36.07 and a one year high of $64.84. The stock has a market capitalization of $4.68 billion, a P/E ratio of 15.79, a PEG ratio of 1.95 and a beta of 1.40. The stock’s 50-day simple moving average is $42.14 and its 200 day simple moving average is $49.20.

Fortune Brands Innovations Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 22nd will be issued a dividend of $0.26 per share. The ex-dividend date is Friday, May 22nd. This represents a $1.04 dividend on an annualized basis and a yield of 2.7%. Fortune Brands Innovations’s dividend payout ratio (DPR) is 42.11%.

Wall Street Analyst Weigh In

A number of analysts recently commented on FBIN shares. The Goldman Sachs Group lowered their price objective on Fortune Brands Innovations from $69.00 to $61.00 and set a “buy” rating for the company in a research report on Tuesday, February 17th. BMO Capital Markets lowered their price objective on Fortune Brands Innovations from $56.00 to $50.00 and set a “market perform” rating for the company in a research report on Monday, April 20th. Zelman & Associates lowered Fortune Brands Innovations from an “outperform” rating to a “neutral” rating in a research report on Friday, February 13th. UBS Group reiterated a “buy” rating and issued a $70.00 price objective on shares of Fortune Brands Innovations in a research report on Friday, February 13th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $61.00 price objective on shares of Fortune Brands Innovations in a research report on Friday, February 13th. Four analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Fortune Brands Innovations has a consensus rating of “Hold” and a consensus price target of $55.42.

Hedge Funds Weigh In On Fortune Brands Innovations

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC boosted its holdings in 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 last quarter. Brown Brothers Harriman & Co. boosted its holdings in Fortune Brands Innovations by 628.9% during the fourth quarter. Brown Brothers Harriman & Co. now owns 605 shares of the company’s stock worth $30,000 after buying an additional 522 shares during the last quarter. Measured Wealth Private Client Group LLC bought a new position in Fortune Brands Innovations during the third quarter worth about $31,000. Caitong International Asset Management Co. Ltd boosted its holdings in Fortune Brands Innovations by 180.7% during the third quarter. Caitong International Asset Management Co. Ltd now owns 741 shares of the company’s stock worth $40,000 after buying an additional 477 shares during the last quarter. Finally, Darwin Wealth Management LLC bought a new position in shares of Fortune Brands Innovations during the 2nd quarter valued at about $47,000. Institutional investors own 87.60% of the company’s stock.

Fortune Brands Innovations Company Profile

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.