Media headlines about Fortune Brands Home & Security (NYSE:FBHS) have trended somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Fortune Brands Home & Security earned a news impact score of 0.17 on Accern’s scale. Accern also assigned press coverage about the industrial products company an impact score of 46.4698724463688 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:

FBHS has been the topic of a number of research reports. BidaskClub raised Fortune Brands Home & Security from a “hold” rating to a “buy” rating in a report on Thursday, June 22nd. Jefferies Group LLC reissued a “buy” rating and set a $76.00 price objective on shares of Fortune Brands Home & Security in a report on Friday, July 14th. Zacks Investment Research cut Fortune Brands Home & Security from a “hold” rating to a “sell” rating in a report on Monday, April 24th. Wells Fargo & Company cut Fortune Brands Home & Security from an “outperform” rating to a “market perform” rating and set a $70.00 price objective on the stock. in a report on Wednesday, July 19th. Finally, Royal Bank Of Canada raised their price objective on Fortune Brands Home & Security from $68.00 to $75.00 and gave the company an “outperform” rating in a report on Thursday, April 27th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and ten have issued a buy rating to the company. Fortune Brands Home & Security has an average rating of “Hold” and a consensus price target of $67.73.

Fortune Brands Home & Security (NYSE FBHS) traded up 0.42% during trading on Wednesday, reaching $64.16. The company had a trading volume of 685,562 shares. Fortune Brands Home & Security has a one year low of $52.05 and a one year high of $67.50. The company has a market capitalization of $9.88 billion, a PE ratio of 22.84 and a beta of 1.39. The firm’s 50 day moving average is $65.54 and its 200 day moving average is $62.29.

Fortune Brands Home & Security (NYSE:FBHS) last issued its quarterly earnings results on Wednesday, August 2nd. The industrial products company reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.05. Fortune Brands Home & Security had a return on equity of 18.93% and a net margin of 8.61%. The firm had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.39 billion. During the same period in the prior year, the business posted $0.82 earnings per share. The company’s revenue for the quarter was up 5.2% on a year-over-year basis. On average, equities research analysts predict that Fortune Brands Home & Security will post $3.10 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 13th. Stockholders of record on Friday, August 25th will be issued a $0.18 dividend. The ex-dividend date of this dividend is Wednesday, August 23rd. This represents a $0.72 annualized dividend and a dividend yield of 1.12%. Fortune Brands Home & Security’s payout ratio is 25.35%.

In related news, CEO Christopher J. Klein sold 40,063 shares of the stock in a transaction that occurred on Wednesday, May 31st. The stock was sold at an average price of $63.13, for a total value of $2,529,177.19. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Norman H. Wesley sold 18,202 shares of the stock in a transaction that occurred on Thursday, June 8th. The stock was sold at an average price of $62.63, for a total value of $1,139,991.26. Following the completion of the transaction, the director now directly owns 2,132 shares in the company, valued at approximately $133,527.16. The disclosure for this sale can be found here. Over the last quarter, insiders sold 193,265 shares of company stock worth $12,386,418. Company insiders own 1.61% of the company’s stock.

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About Fortune Brands Home & Security

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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