Fortune Brands Innovations (FBIN)

• Market cap: $8.13B
• 1 day: -1.85%
• 5 days: -5.20%
• 1 month: -12.05%
• 3 months: -13.66%
• 6 months: -17.27%
• Year to date: -3.23%
• 1 year: -18.00%
• 5 years: 13.52%
• 10 years: 13.52%
• 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: 11,700

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

0.26% less ownership

Funds ownership: 92.42% [Q3] → 92.16% (-0.26%) [Q4]

6% less funds holding

Funds holding: 623 [Q3] → 585 (-38) [Q4]

19% less first-time investments, than exits

New positions opened: 72 | Existing positions closed: 89

24% less capital invested

Capital invested by funds: $10.3B [Q3] → $7.83B (-$2.43B) [Q4]

24% less repeat investments, than reductions

Existing positions increased: 161 | Existing positions reduced: 211

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 7% upside
• Avg. target: $81 24% upside
• High target: $90 38% upside

4 analyst ratings

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

Barclays Matthew Bouley 34% 1-year accuracy 23 / 68 met price target	21% upside $79	Overweight Maintained	7 Feb 2025
RBC Capital Mike Dahl 52% 1-year accuracy 28 / 54 met price target	7% upside $70	Sector Perform Maintained	7 Feb 2025
UBS John Lovallo 14% 1-year accuracy 4 / 28 met price target	38% upside $90	Buy Maintained	7 Feb 2025
Goldman Sachs Susan Maklari 19% 1-year accuracy 5 / 27 met price target	30% upside $85	Buy Maintained	14 Jan 2025