SG Americas Securities LLC Has $4.80 Million Holdings in Fortune Brands Innovations, Inc. $FBIN

SG Americas Securities LLC raised its stake in Fortune Brands Innovations, Inc. (NYSE:FBIN) by 784.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 95,974 shares of the company’s stock after buying an additional 85,127 shares during the quarter. SG Americas Securities LLC owned 0.08% of Fortune Brands Innovations worth $4,801,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FBIN. Hilltop National Bank bought a new stake in shares of Fortune Brands Innovations in the 3rd quarter valued at about $26,000. Elevation Point Wealth Partners LLC bought a new position in Fortune Brands Innovations during the 2nd quarter worth approximately $26,000. EverSource Wealth Advisors LLC boosted its stake in Fortune Brands Innovations by 158.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 527 shares of the company’s stock worth $27,000 after acquiring an additional 323 shares during the last quarter. Measured Wealth Private Client Group LLC acquired a new position in Fortune Brands Innovations during the third quarter valued at approximately $31,000. Finally, Caitong International Asset Management Co. Ltd grew 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 valued at $40,000 after purchasing an additional 477 shares during the period. Institutional investors own 87.60% of the company’s stock.

Analysts Set New Price Targets

FBIN has been the topic of several analyst reports. Zelman & Associates lowered shares of Fortune Brands Innovations from an “outperform” rating to a “neutral” rating in a report on Friday, February 13th. Robert W. Baird set a $55.00 price target on shares of Fortune Brands Innovations in a report on Friday, February 13th. Weiss Ratings restated a “hold (c-)” rating on shares of Fortune Brands Innovations in a research report on Monday, December 29th. Zacks Research downgraded Fortune Brands Innovations from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 19th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $61.00 target price on shares of Fortune Brands Innovations in a report on Friday, February 13th. Four research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $59.09.

Fortune Brands Innovations Stock Performance

Shares of FBIN opened at $38.22 on Thursday. 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, Inc. has a twelve month low of $37.07 and a twelve month high of $64.84. The firm’s 50 day moving average price is $50.41 and its two-hundred day moving average price is $51.41. The firm has a market cap of $4.58 billion, a P/E ratio of 15.47, a PEG ratio of 1.66 and a beta of 1.49.

Fortune Brands Innovations (NYSE:FBIN) last issued its quarterly earnings data on Thursday, February 12th. The company reported $0.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.00 by ($0.14). Fortune Brands Innovations had a return on equity of 18.54% and a net margin of 6.70%.The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same period in the prior year, the company earned $0.98 EPS. The firm’s revenue was down 2.4% on a year-over-year basis. Fortune Brands Innovations has set its FY 2026 guidance at 3.350-3.650 EPS. On average, analysts forecast that Fortune Brands Innovations, Inc. will post 4.24 EPS for the current fiscal year.

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.