Fortune Brands Innovations (FBIN)

• Market cap: $7.49B
• 1 day: -2.55%
• 5 days: -3.37%
• 1 month: -5.59%
• 3 months: -10.54%
• 6 months: -31.75%
• Year to date: -9.60%
• 1 year: -27.84%
• 5 years: 6.04%
• 10 years: 6.04%
• Sector: Materials
• Industry: Millwork, Veneer, Plywood, & Structural Wood

About: Fortune Brands Innovations is a leading home and security products company that has three reportable segments. The company's $2.6 billion water segment, led by the Moen brand, sells faucets, showers, and other plumbing fixtures; the $1.3 billion outdoors segment primarily sells entry doors under the Therma-Tru brand name and Fiberon-branded patio decking; and the $723 million security segment sells locks and other security devices under the Master Lock, SentrySafe, Yale, and August brand names.

Employees: 11,000

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

103% more call options, than puts

Call options by funds: $1.82M | Put options by funds: $895K

0.18% more ownership

Funds ownership: 92.3% [Q3] → 92.48% (+0.18%) [Q4]

4% less funds holding

Funds holding: 624 [Q3] → 598 (-26) [Q4]

16% less first-time investments, than exits

New positions opened: 76 | Existing positions closed: 90

23% less capital invested

Capital invested by funds: $10.2B [Q3] → $7.85B (-$2.39B) [Q4]

24% less repeat investments, than reductions

Existing positions increased: 164 | Existing positions reduced: 215

67% less funds holding in top 10

Funds holding in top 10: 3 [Q3] → 1 (-2) [Q4]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $70 15% upside
• Avg. target: $81 33% upside
• High target: $90 47% upside

4 analyst ratings

• positive: 3 75%
• neutral: 1 25%
• negative: 0 0%

Barclays Matthew Bouley 31% 1-year accuracy 20 / 65 met price target	29% upside $79	Overweight Maintained	7 Feb 2025
RBC Capital Mike Dahl 50% 1-year accuracy 27 / 54 met price target	15% upside $70	Sector Perform Maintained	7 Feb 2025
UBS John Lovallo 7% 1-year accuracy 2 / 28 met price target	47% upside $90	Buy Maintained	7 Feb 2025
Goldman Sachs Susan Maklari 12% 1-year accuracy 3 / 25 met price target	39% upside $85	Buy Maintained	14 Jan 2025