Fortune Brands Home & Security, Inc. (NYSE:FBHS) insider E Lee Wyatt sold 2,600 shares of the stock in a transaction on Wednesday, September 13th. The stock was sold at an average price of $65.11, for a total transaction of $169,286.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

E Lee Wyatt also recently made the following trade(s):

  • On Friday, August 4th, E Lee Wyatt sold 40,000 shares of Fortune Brands Home & Security stock. The stock was sold at an average price of $65.20, for a total transaction of $2,608,000.00.

Shares of Fortune Brands Home & Security, Inc. (NYSE FBHS) traded down 0.47% during midday trading on Thursday, reaching $64.44. 580,618 shares of the company’s stock traded hands. The company has a 50-day moving average of $63.84 and a 200-day moving average of $63.19. The company has a market capitalization of $9.93 billion, a price-to-earnings ratio of 22.94 and a beta of 1.37. Fortune Brands Home & Security, Inc. has a one year low of $52.05 and a one year high of $67.50.

Fortune Brands Home & Security (NYSE:FBHS) last posted its quarterly earnings data on Wednesday, August 2nd. The industrial products company reported $0.92 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.87 by $0.05. Fortune Brands Home & Security had a net margin of 8.61% and a return on equity of 18.93%. The business had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.39 billion. During the same quarter in the previous year, the business posted $0.82 earnings per share. The business’s revenue was up 5.2% compared to the same quarter last year. Equities research analysts anticipate that Fortune Brands Home & Security, Inc. will post $3.10 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 13th. Shareholders of record on Friday, August 25th were given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date of this dividend was Wednesday, August 23rd. Fortune Brands Home & Security’s dividend payout ratio (DPR) is 25.35%.

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Hedge funds have recently bought and sold shares of the business. Acrospire Investment Management LLC increased its position in Fortune Brands Home & Security by 60.0% during the second quarter. Acrospire Investment Management LLC now owns 1,600 shares of the industrial products company’s stock valued at $104,000 after acquiring an additional 600 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Fortune Brands Home & Security by 1.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,884 shares of the industrial products company’s stock valued at $123,000 after acquiring an additional 23 shares during the last quarter. Global X Management Co. LLC increased its position in Fortune Brands Home & Security by 28.7% during the first quarter. Global X Management Co. LLC now owns 2,106 shares of the industrial products company’s stock valued at $128,000 after acquiring an additional 470 shares during the last quarter. State of Alaska Department of Revenue increased its position in Fortune Brands Home & Security by 1.9% during the second quarter. State of Alaska Department of Revenue now owns 2,115 shares of the industrial products company’s stock valued at $137,000 after acquiring an additional 40 shares during the last quarter. Finally, Salem Investment Counselors Inc. increased its position in Fortune Brands Home & Security by 3.5% during the first quarter. Salem Investment Counselors Inc. now owns 2,454 shares of the industrial products company’s stock valued at $148,000 after acquiring an additional 83 shares during the last quarter. Institutional investors and hedge funds own 88.34% of the company’s stock.

FBHS has been the subject of a number of research reports. Credit Suisse Group initiated coverage on shares of Fortune Brands Home & Security in a research note on Thursday, June 22nd. They issued an “outperform” rating and a $72.00 price objective for the company. BidaskClub raised shares of Fortune Brands Home & Security from a “hold” rating to a “buy” rating in a research note on Thursday, June 22nd. Zacks Investment Research raised shares of Fortune Brands Home & Security from a “hold” rating to a “buy” rating and set a $74.00 price objective for the company in a research note on Tuesday, June 27th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $76.00 price objective on shares of Fortune Brands Home & Security in a research note on Friday, July 14th. Finally, Wells Fargo & Company cut shares of Fortune Brands Home & Security from an “outperform” rating to a “market perform” rating and set a $70.00 price objective for the company. in a research note on Wednesday, July 19th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have assigned a buy rating to the stock. Fortune Brands Home & Security presently has a consensus rating of “Hold” and an average target price of $68.69.

Fortune Brands Home & Security Company Profile

Fortune Brands Home & Security, Inc is a holding company. The Company operates through four segments. The Cabinets segment includes custom, semi-custom and stock cabinetry for the kitchen, bath and other parts of the home under brand names, including Aristokraft, Mid-Continent, Diamond, Kitchen Classics, Kitchen Craft, Schrock, Omega, Homecrest, Thomasville, StarMark and Ultracraft.

Insider Buying and Selling by Quarter for Fortune Brands Home & Security (NYSE:FBHS)

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