Hedge Fund and Insider Trading News: Bill Ackman, Ken Griffin, Warren Buffett, Chris Hohn, Gavin Baker, Divisadero Street Capital, Balyasny Asset Management, Elliott Management, Fortune Brands Innovations Inc (FBIN), Mannatech Inc (MTEX), and More
This article compiles recent news and activities involving prominent hedge fund managers and insider trading. It covers Bill Ackman's pivot to AI stocks, Ken Griffin's political donation, Warren Buffett's investing tips, and various hedge fund and insider movements, including Elliott Management's portfolio adjustments and significant insider purchases in Fortune Brands Innovations Inc (FBIN) and Mannatech Inc (MTEX). The piece also touches on a recommendation for an undervalued AI stock.
Fortune Brands Innovations (NYSE:FBIN) Director Purchases $2,002,686.00 in Stock
Fortune Brands Innovations (NYSE:FBIN) Director Edward Garden recently purchased 57,400 shares of the company's stock for approximately $2.0 million, increasing his direct ownership by 1.61%. Following this transaction, FBIN shares rose 3.6% to $36.27, although they remain significantly below their 52-week high. The company reported first-quarter earnings and revenue that met analyst expectations, and declared a quarterly dividend of $0.26 per share.
Fortune Brands director Edward Garden buys $2m in FBIN stock
Edward P. Garden, a director at Fortune Brands Innovations, Inc. (NYSE:FBIN), recently purchased 57,400 shares of the company's common stock for approximately $2 million. This significant insider transaction occurred while FBIN stock is trading near its 52-week low. Despite a recent Q1 2026 earnings miss, an InvestingPro analysis suggests the company might be undervalued at current levels.
Fortune Brands Innovations Inc. stock outperforms competitors on strong trading day
Shares of Fortune Brands Innovations Inc. (FBIN) increased by 3.68% to $36.31 on Thursday, marking its second consecutive day of gains. This performance outpaced the broader stock market, with the S&P 500 Index rising 0.17% and the Dow Jones Industrial Average rising 0.55%.
Fortune Brands Innovations(FBIN.US) Director Buys US$13.66 Million in Common Stock
A director at Fortune Brands Innovations (FBIN.US) recently purchased 194,591 shares of common stock for a total of US$13.66 million. This transaction occurred on May 20, 2026, with an average purchase price of US$70.20 per share.
Fortune Brands Innovations (NYSE:FBIN) Director Buys $13,460,200.00 in Stock
Fortune Brands Innovations (NYSE:FBIN) Director Edward Garden purchased 403,000 shares of the company's stock for $13,460,200.00, increasing his direct ownership by 12.78%. The transaction occurred on May 19th at an average price of $33.40 per share. FBIN shares rose 4.8% after the news but remain near their 12-month low, despite the company meeting Q1 EPS estimates and declaring a quarterly dividend.
Fortune Brands Innovations director Edward P. Garden buys $13.66m in stock By Investing.com
Edward P. Garden, a director at Fortune Brands Innovations (FBIN), recently purchased approximately $13.66 million worth of company stock through associated entities on May 19 and May 20, 2026. These significant acquisitions occurred while the stock was trading near its 52-week low and after the company reported Q1 2026 earnings that missed analyst expectations. Despite the recent dip in performance, the director's substantial investment suggests confidence in the company's value.
Is It Too Late to Buy Fortune Brands Innovations Inc (FBIN) After 4.9% Rally? GF Value Says Undervalued
Fortune Brands Innovations Inc (FBIN) shares rose 4.9% to $35.02 but are still considered "Significantly Undervalued" by GuruFocus' GF Value, which estimates its intrinsic value at $66.95. Despite a challenging year-to-date and one-year performance, the stock's current P/E of 15.6x is below its 5-year median, suggesting a potential buying opportunity. The company holds an above-average GF Score of 68/100, driven by strong profitability, though growth, valuation, and momentum aspects show areas of concern, and there have been no insider transactions in the last three months.
Fortune Brand's Margin Profile Should Recover Amid a Better Environment; Shares Are Cheap
Fortune Brands Innovations (FBIN) is a homebuilding products company with an attractive valuation for long-term investors. Its water segment, which includes the strong Moen brand, is the main driver of the business, contributing over 60% of operating income. The company's margin profile is expected to recover in a better economic environment.
Fortune Brands Innovations Inc. stock outperforms competitors on strong trading day
Shares of Fortune Brands Innovations Inc. (FBIN) rose by 4.88% to $35.02 on Wednesday, outperforming the broader stock market. This gain occurred during a strong trading session where the S&P 500 Index and Dow Jones Industrial Average also saw significant increases. The stock's performance ended a three-day losing streak for the company.
Reflecting On Home Construction Materials Stocks’ Q1 Earnings: Fortune Brands (NYSE:FBIN)
This article analyzes the Q1 earnings of Fortune Brands (NYSE:FBIN) and other home construction materials companies, noting a strong quarter for the sector as a whole despite subsequent share price declines. Fortune Brands' revenue was in line with expectations, but its operating income beat estimates, while Simpson (NYSE:SSD) and Trex (NYSE:TREX) delivered strong revenue and EBITDA beats. Griffon (NYSE:GFF) had weaker forward guidance, and Gibraltar (NASDAQ:ROCK) showed the fastest revenue growth.
Fortune Brands Innovations Inc. stock underperforms Monday when compared to competitors
Fortune Brands Innovations Inc. (FBIN) stock fell by 1.92% on Monday, closing at $33.71, even as the broader market showed mixed results with the Dow Jones Industrial Average rising. This marked the second consecutive day of losses for the company's stock. The S&P 500 Index also experienced a slight decline.
Four Days Left Until Fortune Brands Innovations, Inc. (NYSE:FBIN) Trades Ex-Dividend
Fortune Brands Innovations, Inc. (NYSE:FBIN) is scheduled to trade ex-dividend in four days, with the ex-dividend date being May 22nd. The company will pay a dividend of US$0.26 per share, totaling US$1.04 per share over the last 12 months, representing a 3.0% trailing yield. Fortune Brands Innovations demonstrates a sustainable dividend policy with a modest payout ratio of 45% of profit and 36% of free cash flow, although its earnings per share have declined by 3.6% annually over the past five years.
Fortune Brands Innovation Is Maintained at Neutral by JP Morgan
JP Morgan has maintained its Neutral rating on Fortune Brands Innovation. This indicates that the analyst firm does not foresee significant upward or downward movement in the company's stock price in the near future.
J.P. Morgan Maintains Fortune Brands Innovations(FBIN.US) With Hold Rating, Announces Target Price $39
J.P. Morgan has maintained its Hold rating on Fortune Brands Innovations (FBIN.US) stock. The firm also announced a target price of $39 for FBIN.US shares.
Why Fortune Brands Innovations Stock Is Sliding Now
Fortune Brands Innovations (FBIN) stock is currently volatile due to a more cautious outlook from Wall Street. Several analysts have lowered their expectations for the company's near-term prospects, with JPMorgan cutting its price target to $39 while maintaining a Neutral rating. This downgrade, along with other target reductions, has negatively impacted investor confidence.
Fortune Brands Innovations Q1 earnings call highlights
This article provides highlights from Fortune Brands Innovations' Q1 earnings call. Unfortunately, the full content of the article is missing, so specific details about the earnings and company performance cannot be provided.
Fortune Brands Innovations (FBIN) Is Down 7.5% After Cutting 2026 Sales Outlook And Earnings Miss – Has The Bull Case Changed?
Fortune Brands Innovations (FBIN) recently reported a challenging Q1 2026 with sales and net income below prior year figures, leading to a cut in its full-year 2026 sales outlook. Despite these setbacks, the company affirmed its dividend and completed a share repurchase program, signaling a continued commitment to shareholder returns amidst a soft U.S. housing and remodeling market. The article questions whether these financial results and the company’s heavy exposure to the uncertain housing cycle have altered its investment narrative and fair value projections.
Fortune Brands Innovations Inc. stock underperforms Thursday when compared to competitors despite daily gains
Shares of Fortune Brands Innovations Inc. (FBIN) rose by 1.03% to $36.16 on Thursday, breaking a five-day losing streak. However, the stock still underperformed compared to the broader market, as the S&P 500 Index and Dow Jones Industrial Average both saw larger gains on what was an overall positive trading day.
UBS Group AG Has $14.40 Million Stock Position in Fortune Brands Innovations, Inc. $FBIN
UBS Group AG recently reduced its stake in Fortune Brands Innovations (NYSE: FBIN) by 31.5% in the fourth quarter, now holding 287,881 shares valued at $14.4 million. The company reported mixed Q1 earnings with EPS of $0.53 and revenue of $1.01 billion, meeting analyst expectations but showing a 2.1% year-over-year revenue decline. Fortune Brands Innovations plans to pay a quarterly dividend of $0.26 per share, and analysts currently assign the stock a consensus "Hold" rating with an average target price of $52.33.
Fortune Brands Innovations Inc (FBIN) Shares Fall 3.1% -- What GF Score of 75 Tells Investors
Fortune Brands Innovations Inc (FBIN) shares dropped 3.1% to $35.79, marking a significant year-to-date and annual decline. Despite this, GuruFocus assesses FBIN as significantly undervalued with a GF Value™ estimate of $67.07, suggesting a 46.6% upside. The company's GF Score™ of 75/100 indicates above-average potential for long-term returns, primarily driven by strong profitability, even with a lack of recent insider transactions.
Fortune Brands stock hits 52-week low at $36.06 By Investing.com
Fortune Brands Home & Security Inc (FBIN) stock declined to a 52-week low of $36.06, representing a 34.11% decrease over the past year. Despite being considered undervalued by InvestingPro, 13 analysts have revised earnings downwards for the upcoming period. This follows the company missing first-quarter 2026 earnings expectations with an EPS of $0.53 and revenue of $1.01 billion, both below forecasts.
Fortune Brands Innovations Inc (FBIN) Shares Fall 3.1% -- What GF Score of 75 Tells Investors
Fortune Brands Innovations Inc (FBIN) shares dropped 3.1% to $35.79, marking a significant year-to-date and annual decline. Despite this, GuruFocus assesses FBIN as significantly undervalued with a GF Value™ of $67.07, suggesting a 46.6% upside. The company holds a strong GF Score™ of 75/100, primarily due to high profitability, though growth and valuation ranks are moderate.
Eri Hino
This article identifies Eri Hino as the VP of Fortune Brands Innovations. It lists her role within the company and provides her name.
Fortune Brands Innovations Inc. stock outperforms competitors despite losses on the day
Fortune Brands Innovations Inc. (FBIN) stock declined by 3.11% to $35.79 on Wednesday, marking its fifth consecutive day of losses. Despite this, the company's stock outperformed the broader market, which saw the S&P 500 Index rise by 0.58% and the Dow Jones Industrial Average fall by 0.14%.
Fortune Brands stock hits 52-week low at $36.06
Fortune Brands Innovations (FBIN) stock has dropped to a 52-week low of $36.06, reflecting a 34.11% decline over the past year. This downturn follows the company missing analysts' earnings and revenue expectations in its Q1 2026 report, with an EPS of $0.53 and revenue of $1.01 billion. Despite its current undervaluation, 13 analysts have revised future earnings downward, indicating ongoing challenges for the company.
Fortune Brands Innovation Price Target Cut to $41.00/Share From $43.00 by Barclays
Barclays has reduced its price target for Fortune Brands Innovation (NYSE: FBIN) to $41.00 per share, down from the previous target of $43.00. Despite the lowered price target, the firm maintained its "Equalweight" rating on the stock. This adjustment reflects a revised outlook from the analyst.
Precision Trading with Fortune Brands Innovations Inc. (FBIN) Risk Zones
This article provides an AI-driven analysis of Fortune Brands Innovations Inc. (FBIN), indicating weak sentiment across all horizons and suggesting a short bias for precision trading. It outlines institutional trading strategies including position trading, momentum breakout, and risk hedging strategies with specific entry, target, and stop-loss zones. The analysis also includes multi-timeframe signal analysis with support and resistance levels for various time horizons.
Fortune Brands Innovations Inc. stock underperforms Tuesday when compared to competitors
Fortune Brands Innovations Inc. (FBIN) stock fell 2.22% on Tuesday, closing at $36.94. This underperformance occurred on a mixed trading day, with the Dow Jones Industrial Average rising and the S&P 500 Index falling. The stock has now experienced losses for four consecutive days.
Fortune Brands Innovations, Inc. Just Missed Earnings - But Analysts Have Updated Their Models
Fortune Brands Innovations (FBIN) recently missed its first-quarter earnings expectations, with statutory EPS significantly lower than forecasts, though revenues were in line with estimates. Following this, analysts have updated their models, slightly lowering their 2026 EPS forecasts and cutting the consensus price target by 5.4% to US$47.57. The outlook also suggests that while the company's revenue decline is expected to moderate, it will still underperform the broader industry's anticipated growth.
Fortune Brands Innovations, Inc. Just Missed Earnings - But Analysts Have Updated Their Models
Fortune Brands Innovations, Inc. missed first-quarter earnings expectations, with statutory earnings per share at US$0.20, significantly below analyst forecasts, though revenues were in line. Following this, analysts have slightly lowered their 2026 EPS forecasts and reduced the consensus price target by 5.4% to US$47.57, indicating increased pessimism despite no major change in revenue estimates. The company's revenue decline is expected to moderate by 2026, though still performing worse than the broader industry.
Fortune Brands Innovations, Inc. 2026 Q1 - Results - Earnings Call Presentation (NYSE:FBIN) 2026-05-09
Fortune Brands Innovations, Inc. (NYSE: FBIN) released its Q1 2026 earnings, reporting an EPS of $0.53, missing estimates by $0.00, and revenue of $1.01 billion, a 2.11% year-over-year decrease, missing by $553.46K. The company published a slide deck in conjunction with its earnings call. This article provides a summary of these results and notes the availability of the full earnings call presentation.
Fortune Brands Innovations, Inc. (NYSE:FBIN) Q1 2026 Earnings Call Transcript
Fortune Brands Innovations, Inc. (FBIN) reported Q1 2026 earnings in line with expectations at $0.53 EPS, despite a 2% decrease in total company sales and an 18% decline in operating income due to lower volume, higher raw material, and freight costs. The company's interim CEO, Dave Barry, outlined priorities including increasing operational rigor, optimizing structure for efficiency, and focusing resources on high-return opportunities, aiming to improve sales growth, strengthen margins, and enhance cash generation. FBIN has updated its full-year 2026 guidance, lowering net sales expectations to be down low single digits and EPS to a range of $3 to $3.30, while increasing annualized cost savings estimates from $35 million to $70 million to mitigate inflationary pressures.
Fortune Brands (FBIN) Margin Compression Challenges Bullish Earnings Growth Narratives
Fortune Brands Innovations (FBIN) concluded FY 2025 with mixed results, showing revenue of US$1.1 billion in Q4 and trailing twelve-month revenue of US$4.5 billion, but a significant decline in net profit margin from 10.2% to 6.7% due to a large one-off loss. Analysts predict future earnings growth of 18.1% on only 2.3% revenue growth, relying heavily on margin improvement from tech-enabled products and portfolio diversification to reach bullish targets of US$508.9 million in earnings by 2029. Despite a seemingly undervalued stock based on P/E and DCF, the company faces skepticism due to compressed margins, weak debt coverage, and an unstable dividend record, suggesting that significant execution is required to meet bullish expectations.
Fortune Brands Innovations (NYSE:FBIN) Updates FY 2026 Earnings Guidance
Fortune Brands Innovations (NYSE:FBIN) has updated its FY 2026 earnings guidance, lowering its EPS forecast to $3.00-$3.30, which is below the consensus estimate of $3.35. This comes after the company reported Q1 earnings in line with expectations, with EPS of $0.53 and revenue of $1.01 billion, despite a 2.1% year-over-year revenue decline. Analyst sentiment remains mixed, with an average "Hold" rating and an average price target of $52.50, as several firms have recently adjusted their targets or ratings due to softer growth expectations.
FBIN SEC Filings - Fortune Brands Innovations Inc 10-K, 10-Q, 8-K Forms
This page provides a comprehensive resource for investors to access Fortune Brands Innovations (FBIN) SEC filings, including 10-K, 10-Q, 8-K, and insider trading forms. It details the type of financial performance and material event information found in these documents, such as net sales, operating income, and non-GAAP metrics. The platform also offers AI-powered tools to summarize and analyze these regulatory disclosures.
RBC Lowers Price Target on Fortune Brands Innovations to $50 From $56, Keeps Outperform Rating
RBC Capital Markets has lowered its price target for Fortune Brands Innovations (NYSE: FBIN) to $50 from $56, while maintaining an Outperform rating on the stock. This adjustment reflects a revised outlook from the analyst firm on the company's valuation.
Fortune Brands Innovations Inc. stock underperforms Friday when compared to competitors
Fortune Brands Innovations Inc.'s stock (FBIN) fell by 2.81% on Friday, closing at $37.98. This underperformance occurred on an otherwise strong trading day, with the S&P 500 Index rising by 0.84% and the Dow Jones Industrial Average increasing by 0.02%. This marks the second consecutive day of losses for the company's stock.
UBS Cuts Price Target on Fortune Brands Innovations to $63 From $67, Maintains Buy Rating
UBS has revised its price target for Fortune Brands Innovations (NYSE: FBIN) to $63, down from the previous $67. Despite the reduction in the price target, the firm has chosen to maintain its Buy rating for the stock. This adjustment reflects a refined outlook on the company's valuation by UBS.
RBC Lowers Price Target on Fortune Brands Innovations to $50 From $56, Keeps Outperform Rating
RBC has lowered its price target for Fortune Brands Innovations (FBIN) to $50 from $56, while maintaining an "Outperform" rating on the stock. This adjustment comes amidst other analyst revisions, including UBS cutting its price target to $63 from $67, although still maintaining a "Buy" rating. The company recently reported its Q1 2026 earnings, posting an adjusted EPS of $0.53, slightly above estimates, and revenue of $1.01 billion, meeting expectations.
Fortune Brands Innovations: Q1 Earnings Snapshot
Fortune Brands Innovations (FBIN) reported first-quarter earnings of $24.2 million, or 20 cents per share, with adjusted earnings of 53 cents per share, meeting Wall Street expectations. The company, which manufactures home products like faucets and cabinets, posted revenue of $1.01 billion, exceeding forecasts. Fortune Brands Innovations anticipates full-year earnings between $3 and $3.30 per share.
Rep. April McClain Delaney Sells Fortune Brands Innovations, Inc. (NYSE:FBIN) Stock
Representative April McClain Delaney sold between $1,001 and $15,000 worth of Fortune Brands Innovations (FBIN) stock on April 24, 2026, and made several other trades in late April and early May. FBIN reported Q1 EPS of $0.53 and revenue of $1.01 billion, aligning with estimates, and declared a quarterly dividend of $0.26. The stock is currently trading below its 50- and 200-day moving averages, and analysts generally rate it as a "Hold" with an average price target of $55.42.
Fortune Brands Innovations Inc reports results for the quarter ended March 31 - Earnings Summary
Fortune Brands Innovations Inc (FBIN) has released its earnings summary for the quarter that concluded on March 31. The report, provided by Refinitiv and distributed through TradingView News, offers a brief overview of the company's financial performance for the period.
Fortune Brands Innovations: Q1 Earnings Snapshot
Fortune Brands Innovations (FBIN) reported its first-quarter earnings, with adjusted earnings of 53 cents per share, meeting Wall Street expectations. The company posted revenue of $1.01 billion, surpassing analyst forecasts. Fortune Brands Innovations also provided full-year earnings guidance ranging from $3 to $3.30 per share.
Fortune Brands Innovations Adopts Governance Reforms, Declassifies Board
Fortune Brands Innovations (FBIN) shareholders approved significant governance reforms at their 2026 Annual Meeting. These changes include eliminating supermajority voting provisions and phasing out the classified board structure over three years, aligning the company with modern corporate best practices. Investors also re-elected directors, ratified auditors, approved executive compensation, and supported a proposal for full board declassification.
Fortune Brands (NYSE: FBIN) director receives 4,191-share stock grant
Fortune Brands Innovations (NYSE: FBIN) director Ann F. Hackett received a grant of 4,191 shares of the company's common stock as compensation under its Long-Term Incentive Plan. The shares were granted at a price of $0.00 per share, and following this award, Ms. Hackett directly holds 41,931 shares, which include 34,815 deferred shares. These deferred shares will be received after she ceases to be a member of the Board of Directors.
Fortune Brands Innovations: Q1 Earnings Snapshot
Fortune Brands Innovations (FBIN) reported first-quarter earnings of $24.2 million, or 20 cents per share, which adjusted to 53 cents per share. This exceeded Wall Street expectations, as analysts surveyed by Zacks Investment Research had predicted 53 cents per share. The company's revenue of $1.01 billion also surpassed Street forecasts of $999.9 million, and it anticipates full-year earnings to be between $3 and $3.30 per share.
[Form 4] Fortune Brands Innovations, Inc. Insider Trading Activity
Fortune Brands Innovations, Inc. director Irial Finan was granted 4,191 shares of common stock on May 5, 2026, as part of the company's Long-Term Incentive Plan. This stock award, deferred under the Non-Employee Director Deferred Compensation Plan, increases his direct holdings to 27,654 shares. The filing indicates a neutral impact and sentiment on the company's stock activity.
Assessing Fortune Brands Innovations (FBIN) Valuation After Leadership Upheaval And Pre Q1 2026 Earnings
Fortune Brands Innovations (FBIN) is under scrutiny following recent leadership changes, including interim management and a canceled CEO appointment, ahead of its Q1 2026 earnings report. Despite a 33% stock drop over 90 days, the company is trading at an estimated 34% discount to its intrinsic value and 26% below analyst targets. The article raises the question of whether this presents a buying opportunity or if the market has already factored in future growth challenges related to housing demand and manufacturing costs.
Fortune Brands (NYSE:FBIN) Posts Q1 CY2026 Sales In Line With Estimates
Fortune Brands (NYSE:FBIN) reported Q1 CY2026 sales of $1.01 billion, meeting Wall Street estimates, though revenue declined 2.1% year-on-year. Adjusted EPS of $0.53 was also in line with analyst expectations, but adjusted EBITDA and operating margin fell short. The company's long-term revenue and EPS growth have been sluggish, and the stock traded down 3% following the report.