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

Representative April McClain Delaney (Democratic-Maryland) recently sold shares of Fortune Brands Innovations, Inc. (NYSE:FBIN). In a filing disclosed on May 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in Fortune Brands Innovations stock on April 24th.

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

• Sold $1,001 – $15,000 in shares of Service Corporation International (NYSE:SCI) on 4/30/2026.
• Purchased $1,001 – $15,000 in shares of Markel Group (NYSE:MKL) on 4/30/2026.
• Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 4/30/2026.
• Sold $1,001 – $15,000 in shares of Clean Harbors (NYSE:CLH) on 4/30/2026.
• Purchased $1,001 – $15,000 in shares of Transdigm Group (NYSE:TDG) on 4/29/2026.
• Purchased $1,001 – $15,000 in shares of Packaging Corporation of America (NYSE:PKG) on 4/29/2026.
• Purchased $1,001 – $15,000 in shares of Packaging Corporation of America (NYSE:PKG) on 4/24/2026.
• Purchased $1,001 – $15,000 in shares of Nasdaq (NASDAQ:NDAQ) on 4/24/2026.
• Sold $15,001 – $50,000 in shares of C.H. Robinson Worldwide (NASDAQ:CHRW) on 4/24/2026.
• Sold $1,001 – $15,000 in shares of Paychex (NASDAQ:PAYX) on 4/21/2026.

Fortune Brands Innovations Trading Down 2.3%

NYSE:FBIN opened at $39.01 on Friday. Fortune Brands Innovations, Inc. has a 12-month low of $36.07 and a 12-month high of $64.84. The firm has a market cap of $4.68 billion, a PE ratio of 15.79, a price-to-earnings-growth ratio of 1.95 and a beta of 1.40. The company has a current ratio of 1.84, a quick ratio of 0.89 and a debt-to-equity ratio of 1.07. The stock has a fifty day moving average price of $42.14 and a 200 day moving average price of $49.20.

Fortune Brands Innovations (NYSE:FBIN) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.53 earnings per share for the quarter, hitting the consensus estimate of $0.53. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1.01 billion. Fortune Brands Innovations had a return on equity of 18.54% and a net margin of 6.70%.Fortune Brands Innovations’s revenue was down 2.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.66 EPS. Sell-side analysts anticipate that Fortune Brands Innovations, Inc. will post 3.4 earnings per share for the current fiscal year.

Fortune Brands Innovations Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 22nd will be paid a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Friday, May 22nd. Fortune Brands Innovations’s dividend payout ratio (DPR) is presently 42.11%.

Hedge Funds Weigh In On Fortune Brands Innovations

Several hedge funds have recently added to or reduced their stakes in FBIN. Pictet Asset Management Holding SA boosted its holdings in shares of Fortune Brands Innovations by 74.0% in the 1st quarter. Pictet Asset Management Holding SA now owns 7,798,078 shares of the company’s stock valued at $303,757,000 after buying an additional 3,317,232 shares in the last quarter. Orbis Allan Gray Ltd raised its stake in Fortune Brands Innovations by 586.7% during the 4th quarter. Orbis Allan Gray Ltd now owns 7,272,289 shares of the company’s stock worth $363,760,000 after acquiring an additional 6,213,274 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in 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 valued at $158,362,000 after acquiring an additional 271,371 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in 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 valued at $161,873,000 after acquiring an additional 544,332 shares in the last quarter. Finally, Amundi boosted its stake in Fortune Brands Innovations by 15.2% in the third quarter. Amundi now owns 2,879,208 shares of the company’s stock valued at $152,263,000 after acquiring an additional 380,275 shares in the last quarter. 87.60% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on FBIN. 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 research report on Monday, April 20th. UBS Group reiterated a “buy” rating and set a $70.00 price target on shares of Fortune Brands Innovations in a report on Friday, February 13th. Zacks Research downgraded shares of Fortune Brands Innovations from a “hold” rating to a “strong sell” rating in a research report on Thursday, February 19th. Wolfe Research set a $64.00 price objective on shares of Fortune Brands Innovations in a report on Friday, February 13th. Finally, Robert W. Baird lowered their target price on shares of Fortune Brands Innovations from $55.00 to $46.00 and set a “neutral” rating for the company in a research note on Tuesday, April 21st. Four analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $55.42.

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.

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.