Crossmark Global Holdings Inc. purchased a new stake in Fortune Brands Home & Security, Inc. (NYSE:FBHS) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 13,690 shares of the industrial products company’s stock, valued at approximately $920,000.

Other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in Fortune Brands Home & Security by 3.1% in the 2nd quarter. Vanguard Group Inc. now owns 15,160,589 shares of the industrial products company’s stock valued at $989,078,000 after purchasing an additional 460,317 shares in the last quarter. BlackRock Inc. lifted its position in shares of Fortune Brands Home & Security by 3.3% during the 2nd quarter. BlackRock Inc. now owns 12,998,091 shares of the industrial products company’s stock valued at $847,995,000 after acquiring an additional 417,624 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Fortune Brands Home & Security by 2.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,678,714 shares of the industrial products company’s stock valued at $500,961,000 after acquiring an additional 194,325 shares during the period. Pictet Asset Management Ltd. lifted its position in shares of Fortune Brands Home & Security by 1.7% during the 3rd quarter. Pictet Asset Management Ltd. now owns 2,542,640 shares of the industrial products company’s stock valued at $170,942,000 after acquiring an additional 42,421 shares during the period. Finally, TIAA CREF Investment Management LLC lifted its position in shares of Fortune Brands Home & Security by 12.0% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 1,407,612 shares of the industrial products company’s stock valued at $91,833,000 after acquiring an additional 150,554 shares during the period. Institutional investors own 89.44% of the company’s stock.

FBHS has been the subject of several research reports. BidaskClub cut shares of Fortune Brands Home & Security from a “hold” rating to a “sell” rating in a research note on Saturday, August 12th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $75.00 price target on shares of Fortune Brands Home & Security in a research report on Tuesday, July 18th. SunTrust Banks, Inc. reaffirmed a “hold” rating and set a $63.00 price target on shares of Fortune Brands Home & Security in a research report on Friday. Robert W. Baird reaffirmed a “buy” rating and set a $72.00 price target on shares of Fortune Brands Home & Security in a research report on Tuesday, October 24th. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a $78.00 price objective on shares of Fortune Brands Home & Security in a report on Thursday, October 12th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and nine have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $69.53.

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Shares of Fortune Brands Home & Security, Inc. (NYSE FBHS) opened at $63.97 on Friday. The company has a quick ratio of 1.17, a current ratio of 1.87 and a debt-to-equity ratio of 0.57. The stock has a market cap of $9,710.71, a price-to-earnings ratio of 21.39, a price-to-earnings-growth ratio of 2.00 and a beta of 1.41. Fortune Brands Home & Security, Inc. has a 12-month low of $53.15 and a 12-month high of $68.82.

Fortune Brands Home & Security (NYSE:FBHS) last posted its quarterly earnings results on Wednesday, October 25th. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.01. The company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.38 billion. Fortune Brands Home & Security had a net margin of 8.62% and a return on equity of 18.64%. The business’s quarterly revenue was up 5.5% on a year-over-year basis. During the same period last year, the business posted $0.80 EPS. sell-side analysts predict that Fortune Brands Home & Security, Inc. will post 3.07 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 13th. Stockholders of record on Friday, November 24th will be issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date is Wednesday, November 22nd. Fortune Brands Home & Security’s payout ratio is 24.83%.

In related news, CEO Christopher J. Klein sold 85,000 shares of Fortune Brands Home & Security stock in a transaction dated Friday, October 27th. The shares were sold at an average price of $67.13, for a total transaction of $5,706,050.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider E Lee Wyatt sold 2,600 shares of Fortune Brands Home & Security stock in a transaction dated Wednesday, September 13th. The shares were sold at an average price of $65.11, for a total transaction of $169,286.00. The disclosure for this sale can be found here. Insiders have sold a total of 181,000 shares of company stock valued at $11,813,470 over the last ninety days. 1.61% of the stock is owned by insiders.

Fortune Brands Home & Security 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.

Institutional Ownership by Quarter for Fortune Brands Home & Security (NYSE:FBHS)

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