Fortune Brands Innovations (FBIN) to Release Quarterly Earnings on Thursday

Fortune Brands Innovations (NYSE:FBIN) is projected to announce its Q2 2025 earnings results after the market closes on Thursday, July 31st. Analysts expect the company to announce earnings of $0.96 per share and revenue of $1.19 billion for the quarter.

Fortune Brands Innovations (NYSE:FBIN) last announced its quarterly earnings data on Tuesday, May 6th. The company reported $0.66 earnings per share for the quarter, meeting the consensus estimate of $0.66. Fortune Brands Innovations had a return on equity of 20.96% and a net margin of 9.42%. The business had revenue of $1.03 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same period in the prior year, the company earned $0.83 earnings per share. Fortune Brands Innovations’s revenue was down 6.9% compared to the same quarter last year. On average, analysts expect Fortune Brands Innovations to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Fortune Brands Innovations Stock Performance

NYSE:FBIN opened at $55.81 on Wednesday. The company has a market capitalization of $6.71 billion, a P/E ratio of 16.37, a P/E/G ratio of 3.35 and a beta of 1.36. The business has a fifty day simple moving average of $52.31 and a two-hundred day simple moving average of $58.34. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.41 and a quick ratio of 0.72. Fortune Brands Innovations has a 1 year low of $47.21 and a 1 year high of $90.54.

Fortune Brands Innovations Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 10th. Shareholders of record on Friday, August 22nd will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.79%. The ex-dividend date is Friday, August 22nd. Fortune Brands Innovations’s dividend payout ratio (DPR) is presently 29.33%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Barclays boosted their price target on shares of Fortune Brands Innovations from $64.00 to $67.00 and gave the company an “overweight” rating in a research report on Tuesday, July 15th. Deutsche Bank Aktiengesellschaft began coverage on Fortune Brands Innovations in a report on Tuesday, April 1st. They set a “hold” rating and a $70.00 price objective on the stock. UBS Group reduced their target price on Fortune Brands Innovations from $90.00 to $82.00 and set a “buy” rating for the company in a report on Wednesday, May 7th. Robert W. Baird lowered their price target on shares of Fortune Brands Innovations from $56.00 to $54.00 and set a “neutral” rating on the stock in a report on Wednesday, May 7th. Finally, Truist Financial set a $65.00 target price on shares of Fortune Brands Innovations in a report on Wednesday, May 7th. Seven equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $77.27.

Hedge Funds Weigh In On Fortune Brands Innovations

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Empowered Funds LLC boosted its stake in Fortune Brands Innovations by 20.5% in the first quarter. Empowered Funds LLC now owns 10,335 shares of the company’s stock worth $629,000 after buying an additional 1,761 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Fortune Brands Innovations by 83.6% during the first quarter. Geneos Wealth Management Inc. now owns 852 shares of the company’s stock valued at $52,000 after buying an additional 388 shares during the last quarter. Finally, Royal Bank of Canada lifted its stake in shares of Fortune Brands Innovations by 0.8% in the 1st quarter. Royal Bank of Canada now owns 41,713 shares of the company’s stock valued at $2,539,000 after acquiring an additional 324 shares during the last quarter. 87.60% of the stock is currently owned by hedge funds and other institutional investors.

About Fortune Brands Innovations

Fortune Brands Innovations, Inc provides home and security products for residential home repair, remodeling, new construction, and security applications in the United States and internationally. The company operates through three segments: Water, Outdoors, and Security. The Water segment manufactures or assembles, and sells faucets, accessories, kitchen sinks, and waste disposals under the Moen, ROHL, Riobel, Victoria+Albert, Perrin & Rowe, Aqualisa, Shaws, Emtek, and Schaub brands.