Wall Street analysts expect that Fortune Brands Home & Security, Inc. (NYSE:FBHS) will announce earnings per share of $0.82 for the current fiscal quarter, Zacks reports. Six analysts have provided estimates for Fortune Brands Home & Security’s earnings, with the highest EPS estimate coming in at $0.84 and the lowest estimate coming in at $0.81. Fortune Brands Home & Security reported earnings of $0.80 per share during the same quarter last year, which indicates a positive year over year growth rate of 2.5%. The firm is expected to issue its next quarterly earnings results on Wednesday, October 25th.

On average, analysts expect that Fortune Brands Home & Security will report full year earnings of $3.08 per share for the current fiscal year, with EPS estimates ranging from $3.04 to $3.10. For the next financial year, analysts forecast that the business will report earnings of $3.42 per share, with EPS estimates ranging from $3.32 to $3.48. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that that provide coverage for Fortune Brands Home & Security.

Fortune Brands Home & Security (NYSE:FBHS) last issued its quarterly earnings data on Wednesday, August 2nd. The industrial products company reported $0.92 earnings per share for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $1.39 billion. During the same period in the previous year, the company earned $0.82 earnings per share. Fortune Brands Home & Security’s revenue for the quarter was up 5.2% on a year-over-year basis.

A number of equities analysts recently weighed in on the stock. BidaskClub downgraded shares of Fortune Brands Home & Security from a “hold” rating to a “sell” rating in a report on Saturday, August 12th. Royal Bank Of Canada reiterated a “buy” rating and issued a $75.00 price target on shares of Fortune Brands Home & Security in a research note on Tuesday, July 18th. Jefferies Group LLC reissued a “buy” rating and issued a $76.00 price objective on shares of Fortune Brands Home & Security in a research report on Friday, July 14th. Credit Suisse Group started coverage on shares of Fortune Brands Home & Security in a research report on Thursday, June 22nd. They issued an “outperform” rating and a $72.00 price objective for the company. Finally, Longbow Research upgraded shares of Fortune Brands Home & Security from a “neutral” rating to a “buy” rating and set a $72.00 price objective on the stock in a research note on Tuesday, July 4th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $68.58.

Fortune Brands Home & Security (NYSE FBHS) traded down 0.30% during mid-day trading on Wednesday, hitting $66.58. 468,976 shares of the company traded hands. The company’s 50-day moving average is $64.12 and its 200-day moving average is $63.85. The stock has a market capitalization of $10.25 billion, a price-to-earnings ratio of 23.70 and a beta of 1.37. Fortune Brands Home & Security has a one year low of $52.05 and a one year high of $67.77.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 13th. Investors of record on Friday, November 24th will be paid a $0.18 dividend. The ex-dividend date of this dividend is Wednesday, November 22nd. This represents a $0.72 dividend on an annualized basis and a yield of 1.08%. Fortune Brands Home & Security’s dividend payout ratio (DPR) is currently 25.35%.

In other Fortune Brands Home & Security news, CEO Christopher J. Klein sold 60,000 shares of the stock in a transaction on Wednesday, August 23rd. The stock was sold at an average price of $62.78, for a total transaction of $3,766,800.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, 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 value of $169,286.00. The disclosure for this sale can be found here. Insiders have sold 136,000 shares of company stock valued at $8,715,420 over the last 90 days. Company insiders own 1.61% of the company’s stock.

Several institutional investors have recently made changes to their positions in FBHS. Acrospire Investment Management LLC grew its stake in shares of Fortune Brands Home & Security by 60.0% in 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 in 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 worth $123,000 after acquiring an additional 23 shares during the period. 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 worth $128,000 after acquiring an additional 470 shares during the period. 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 worth $137,000 after acquiring an additional 40 shares during the period. 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 worth $148,000 after acquiring an additional 83 shares during the period. 88.13% of the stock is owned by institutional investors.

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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.

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