Rep. April McClain Delaney Sells Fortune Brands Innovations, Inc. (NYSE:FBIN) Shares

Representative April McClain Delaney (Democratic-Maryland) recently sold shares of Fortune Brands Innovations, Inc. (NYSE:FBIN). In a filing disclosed on June 05th, the Representative disclosed that they had sold between $1,001 and $15,000 in Fortune Brands Innovations stock on May 6th.

Representative April McClain Delaney also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Hubbell (NYSE:HUBB) on 5/29/2026.
• Sold $1,001 – $15,000 in shares of Tractor Supply (NASDAQ:TSCO) on 5/28/2026.
• Purchased $1,001 – $15,000 in shares of Martin Marietta Materials (NYSE:MLM) on 5/28/2026.
• Purchased $1,001 – $15,000 in shares of Hubbell (NYSE:HUBB) on 5/28/2026.
• Sold $1,001 – $15,000 in shares of EMCOR Group (NYSE:EME) on 5/28/2026.
• Sold $1,001 – $15,000 in shares of Viking (NYSE:VIK) on 5/28/2026.
• Purchased $1,001 – $15,000 in shares of C.H. Robinson Worldwide (NASDAQ:CHRW) on 5/28/2026.
• Sold $1,001 – $15,000 in shares of Viking (NYSE:VIK) on 5/27/2026.
• Sold $1,001 – $15,000 in shares of Tractor Supply (NASDAQ:TSCO) on 5/27/2026.
• Sold $1,001 – $15,000 in shares of Tractor Supply (NASDAQ:TSCO) on 5/26/2026.

Fortune Brands Innovations Trading Up 4.5%

Fortune Brands Innovations stock traded up $1.76 during midday trading on Tuesday, reaching $41.23. The stock had a trading volume of 3,554,687 shares, compared to its average volume of 2,795,212. The stock’s 50-day simple moving average is $38.65 and its 200 day simple moving average is $47.30. The stock has a market capitalization of $4.92 billion, a PE ratio of 18.32, a price-to-earnings-growth ratio of 2.52 and a beta of 1.37. Fortune Brands Innovations, Inc. has a twelve month low of $32.34 and a twelve month high of $64.84. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.04 and a current ratio of 2.13.

Fortune Brands Innovations (NYSE:FBIN) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.53 EPS for the quarter, hitting analysts’ consensus estimates of $0.53. The company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $1.01 billion. Fortune Brands Innovations had a return on equity of 17.72% and a net margin of 6.12%.The firm’s quarterly revenue was down 2.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.66 earnings per share. Analysts expect that Fortune Brands Innovations, Inc. will post 3.13 EPS for the current year.

Fortune Brands Innovations Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 22nd will be issued a $0.26 dividend. The ex-dividend date is Friday, May 22nd. This represents a $1.04 dividend on an annualized basis and a yield of 2.5%. Fortune Brands Innovations’s dividend payout ratio (DPR) is presently 46.22%.

Analyst Ratings Changes

Several analysts recently weighed in on the company. 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 report on Monday, April 20th. Barclays reduced their price target on shares of 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. Bank of America lowered their target price on Fortune Brands Innovations from $52.00 to $42.00 and set an “underperform” rating for the company in a report on Monday, April 20th. The Goldman Sachs Group lowered their target price on Fortune Brands Innovations from $69.00 to $61.00 and set a “buy” rating for the company in a report on Tuesday, February 17th. Finally, Robert W. Baird set a $44.00 target price on Fortune Brands Innovations in a report on Friday, May 8th. Four investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Fortune Brands Innovations presently has an average rating of “Hold” and an average target price of $51.31.

Hedge Funds Weigh In On Fortune Brands Innovations

Hedge funds have recently modified their holdings of the stock. Pictet Asset Management Holding SA lifted its holdings in shares of Fortune Brands Innovations by 74.0% in the first quarter. Pictet Asset Management Holding SA now owns 7,798,078 shares of the company’s stock valued at $303,757,000 after purchasing an additional 3,317,232 shares in the last quarter. Orbis Allan Gray Ltd lifted 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 in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Fortune Brands Innovations by 7.2% in the first quarter. Dimensional Fund Advisors LP now owns 4,064,086 shares of the company’s stock worth $158,362,000 after acquiring an additional 271,371 shares during the last quarter. Garden Investment Management L.P. acquired a new position in shares of Fortune Brands Innovations in the first quarter worth $137,471,000. Finally, Bank of New York Mellon Corp increased its stake in shares of Fortune Brands Innovations by 20.2% in the fourth quarter. Bank of New York Mellon Corp now owns 3,236,159 shares of the company’s stock worth $161,873,000 after acquiring an additional 544,332 shares during the last quarter. 87.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Fortune Brands Innovations

In other Fortune Brands Innovations news, Director Edward P. Garden bought 403,000 shares of the stock in a transaction on Tuesday, May 19th. The shares were purchased at an average cost of $33.40 per share, with a total value of $13,460,200.00. Following the completion of the transaction, the director directly owned 3,556,867 shares of the company’s stock, valued at $118,799,357.80. This represents a 12.78% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have acquired 466,300 shares of company stock valued at $15,659,238 over the last 90 days. Corporate insiders own 3.32% of the company’s stock.

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland’s 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland’s 6th Congressional District. She declared candidacy for the 2026 election.

April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor’s degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

About Fortune Brands Innovations

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.