First Solar Set to Join S&P 500; Fortune Brands Innovations to Join S&P MidCap 400; MasterBrand to Join S&P SmallCap 600

12/12/22 6:35:00 PM ET

$CONN

$FBHS

$FSLR

$SPGI

Consumer Electronics/Video Chains

Consumer Discretionary

Semiconductors

Technology

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NEW YORK, Dec. 12, 2022 /PRNewswire/ -- S&P MidCap 400 constituent First Solar Inc. (NASD: FSLR) will replace Fortune Brands Home & Security Inc. (NYSE:FBHS) in the S&P 500, Fortune Brands Innovations Inc. (NYSE:FBIN) will replace First Solar in the S&P MidCap 400, and MasterBrand Inc. (NYSE:MBC) will replace Conn's Inc. (NASD: CONN) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, December 19. Fortune Brands Home & Security is spinning off MasterBrand in a transaction expected to be completed December 15. Post spin-off, Fortune Brands Home & Security will have a name and symbol change to Fortune Brands Innovations Inc. (NYSE:FBIN) and will be more representative of the midcap market space. Conn's is no longer representative of the small-cap market space.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date	Index Name	Action	Company Name	Ticker	GICS Sector
Dec. 15, 2022	S&P 500	Addition	MasterBrand	MBC	Industrials
Dec. 19, 2022	S&P 500	Addition	First Solar	FSLR	Information Technology
	S&P 500	Deletion	MasterBrand	MBC	Industrials
	S&P 500	Deletion	Fortune Brands Home & Security	FBHS	Industrials
	S&P MidCap 400	Addition	Fortune Brands Innovations	FBIN	Industrials
	S&P MidCap 400	Deletion	First Solar	FSLR	Information Technology
	S&P SmallCap 600	Addition	MasterBrand	MBC	Industrials
	S&P SmallCap 600	Deletion	Conn's	CONN	Consumer Discretionary

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View original content:https://www.prnewswire.com/news-releases/first-solar-set-to-join-sp-500-fortune-brands-innovations-to-join-sp-midcap-400-masterbrand-to-join-sp-smallcap-600-301700899.html

SOURCE S&P Dow Jones Indices

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Recent Analyst Ratings for

Company	Date	Price Target	Rating	Analyst
First Solar Inc. $FSLR	2/26/2026	$245.00	Buy → Hold	Deutsche Bank
First Solar Inc. $FSLR	2/25/2026	$211.00	Buy → Hold	HSBC Securities
First Solar Inc. $FSLR	2/25/2026	$205.00	Outperform → Neutral	Robert W. Baird
First Solar Inc. $FSLR	2/25/2026	$320.00 → $253.00	Buy	TD Cowen
S&P Global Inc. $SPGI	2/17/2026	$575.00	Buy	BofA Securities
First Solar Inc. $FSLR	1/29/2026	$263.00	Outperform → Market Perform	BMO Capital Markets
First Solar Inc. $FSLR	1/13/2026		Mkt Perform	Raymond James
First Solar Inc. $FSLR	1/7/2026	$260.00	Buy → Hold	Jefferies

More analyst ratings

First Solar Set to Join S&P 500; Fortune Brands Innovations to Join S&P MidCap 400; MasterBrand to Join S&P SmallCap 600

12/12/22 6:35:00 PM ET

Consumer Electronics/Video Chains

Consumer Discretionary

Semiconductors

Technology

Get the next $CONN alert in real time by email

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date	Index Name	Action	Company Name	Ticker	GICS Sector
Dec. 15, 2022	S&P 500	Addition	MasterBrand	MBC	Industrials
Dec. 19, 2022	S&P 500	Addition	First Solar	FSLR	Information Technology
	S&P 500	Deletion	MasterBrand	MBC	Industrials
	S&P 500	Deletion	Fortune Brands Home & Security	FBHS	Industrials
	S&P MidCap 400	Addition	Fortune Brands Innovations	FBIN	Industrials
	S&P MidCap 400	Deletion	First Solar	FSLR	Information Technology
	S&P SmallCap 600	Addition	MasterBrand	MBC	Industrials
	S&P SmallCap 600	Deletion	Conn's	CONN	Consumer Discretionary

For more information about S&P Dow Jones Indices, please visit www.spdji.com

ABOUT S&P DOW JONES INDICES

FOR MORE INFORMATION:

S&P Dow Jones Indices

[email protected]

Media Inquiries

[email protected]

View original content:https://www.prnewswire.com/news-releases/first-solar-set-to-join-sp-500-fortune-brands-innovations-to-join-sp-midcap-400-masterbrand-to-join-sp-smallcap-600-301700899.html

SOURCE S&P Dow Jones Indices

Get the next $CONN alert in real time by email

Recent Analyst Ratings for

Company	Date	Price Target	Rating	Analyst
First Solar Inc. $FSLR	2/26/2026	$245.00	Buy → Hold	Deutsche Bank
First Solar Inc. $FSLR	2/25/2026	$211.00	Buy → Hold	HSBC Securities
First Solar Inc. $FSLR	2/25/2026	$205.00	Outperform → Neutral	Robert W. Baird
First Solar Inc. $FSLR	2/25/2026	$320.00 → $253.00	Buy	TD Cowen
S&P Global Inc. $SPGI	2/17/2026	$575.00	Buy	BofA Securities
First Solar Inc. $FSLR	1/29/2026	$263.00	Outperform → Market Perform	BMO Capital Markets
First Solar Inc. $FSLR	1/13/2026		Mkt Perform	Raymond James
First Solar Inc. $FSLR	1/7/2026	$260.00	Buy → Hold	Jefferies

More analyst ratings

First Solar Set to Join S&P 500; Fortune Brands Innovations to Join S&P MidCap 400; MasterBrand to Join S&P SmallCap 600

Crush Q1 2026 with the Best AI Superconnector

Recent Analyst Ratings for
$CONN
$FBHS
$FSLR
$SPGI

First Solar Set to Join S&P 500; Fortune Brands Innovations to Join S&P MidCap 400; MasterBrand to Join S&P SmallCap 600

Crush Q1 2026 with the Best AI Superconnector

Recent Analyst Ratings for
$CONN
$FBHS
$FSLR
$SPGI

$CONN
$FBHS
$FSLR
$SPGI
Insider Trading

Chief Executive Officer Widmar Mark R converted options into 4,856 shares and sold $388,950 worth of shares (1,937 units at $200.80), increasing direct ownership by 3% to 102,798 units (SEC Form 4)

Chief Manufacturing Officer Verma Kuntal Kumar converted options into 907 shares and sold $114,629 worth of shares (572 units at $200.40), increasing direct ownership by 4% to 9,436 units (SEC Form 4)

VP - Global Controller and CAO Theurer Nathan B. converted options into 131 shares and sold $26,183 worth of shares (131 units at $199.87) (SEC Form 4)

$CONN
$FBHS
$FSLR
$SPGI
Insider Purchases

Director Joly Hubert bought $997,459 worth of shares (2,500 units at $398.98), increasing direct ownership by 1,515% to 2,665 units (SEC Form 4)

President, S&P Global Mobility Eager William W bought $11,917 worth of shares (23 units at $517.58), increasing direct ownership by 0.26% to 8,724 units (SEC Form 4)

Director Jacoby Rebecca bought $8,971 worth of shares (69 units at $130.01), increasing direct ownership by 17% to 469 units (SEC Form 4)

$CONN
$FBHS
$FSLR
$SPGI
SEC Filings

SEC Form DEFA14A filed by S&P Global Inc.

SEC Form DEF 14A filed by S&P Global Inc.

Amendment: SEC Form SCHEDULE 13G/A filed by First Solar Inc.

$CONN
$FBHS
$FSLR
$SPGI
Press Releases

S&P Global Names Firdaus Bhathena as Chief Technology & Transformation Officer to Lead Next Phase of Growth and Innovation

Versigent Set to Join S&P SmallCap 600

S&P Global Schedules First Quarter 2026 Earnings Announcement and Conference Call for Tuesday, April 28, 2026

$CONN
$FBHS
$FSLR
$SPGI
Analyst Ratings

First Solar downgraded by Deutsche Bank with a new price target

First Solar downgraded by HSBC Securities with a new price target

First Solar downgraded by Robert W. Baird with a new price target

$CONN
$FBHS
$FSLR
$SPGI
Leadership Updates

S&P Global Names Firdaus Bhathena as Chief Technology & Transformation Officer to Lead Next Phase of Growth and Innovation

Versigent Set to Join S&P SmallCap 600

Verde Clean Fuels, Inc. Announces New CEO and Engagement of Financial Advisor to Evaluate Strategic Alternatives

$CONN
$FBHS
$FSLR
$SPGI
Financials

S&P Global Schedules First Quarter 2026 Earnings Announcement and Conference Call for Tuesday, April 28, 2026

S&P Global Announces: Mobility Global to Host Investor Day on May 12, 2026

S&P Dow Jones Indices Announces Change to the S&P/TSX Canadian Dividend Aristocrats Index

$CONN
$FBHS
$FSLR
$SPGI
Large Ownership Changes

SEC Form SC 13D filed by First Solar Inc.

Amendment: SEC Form SC 13D/A filed by First Solar Inc.

SEC Form SC 13D/A filed by Conn's Inc. (Amendment)

First Solar Set to Join S&P 500; Fortune Brands Innovations to Join S&P MidCap 400; MasterBrand to Join S&P SmallCap 600

Crush Q1 2026 with the Best AI Superconnector

Recent Analyst Ratings for $CONN$FBHS$FSLR$SPGI

First Solar Set to Join S&P 500; Fortune Brands Innovations to Join S&P MidCap 400; MasterBrand to Join S&P SmallCap 600

Crush Q1 2026 with the Best AI Superconnector

Recent Analyst Ratings for $CONN$FBHS$FSLR$SPGI

$CONN$FBHS$FSLR$SPGI Insider Trading

Chief Executive Officer Widmar Mark R converted options into 4,856 shares and sold $388,950 worth of shares (1,937 units at $200.80), increasing direct ownership by 3% to 102,798 units (SEC Form 4)

Chief Manufacturing Officer Verma Kuntal Kumar converted options into 907 shares and sold $114,629 worth of shares (572 units at $200.40), increasing direct ownership by 4% to 9,436 units (SEC Form 4)

VP - Global Controller and CAO Theurer Nathan B. converted options into 131 shares and sold $26,183 worth of shares (131 units at $199.87) (SEC Form 4)

$CONN$FBHS$FSLR$SPGI Insider Purchases

Director Joly Hubert bought $997,459 worth of shares (2,500 units at $398.98), increasing direct ownership by 1,515% to 2,665 units (SEC Form 4)

President, S&P Global Mobility Eager William W bought $11,917 worth of shares (23 units at $517.58), increasing direct ownership by 0.26% to 8,724 units (SEC Form 4)

Director Jacoby Rebecca bought $8,971 worth of shares (69 units at $130.01), increasing direct ownership by 17% to 469 units (SEC Form 4)

$CONN$FBHS$FSLR$SPGI SEC Filings

SEC Form DEFA14A filed by S&P Global Inc.

SEC Form DEF 14A filed by S&P Global Inc.

Amendment: SEC Form SCHEDULE 13G/A filed by First Solar Inc.

$CONN$FBHS$FSLR$SPGI Press Releases

S&P Global Names Firdaus Bhathena as Chief Technology & Transformation Officer to Lead Next Phase of Growth and Innovation

Versigent Set to Join S&P SmallCap 600

S&P Global Schedules First Quarter 2026 Earnings Announcement and Conference Call for Tuesday, April 28, 2026

$CONN$FBHS$FSLR$SPGI Analyst Ratings

First Solar downgraded by Deutsche Bank with a new price target

First Solar downgraded by HSBC Securities with a new price target

First Solar downgraded by Robert W. Baird with a new price target

$CONN$FBHS$FSLR$SPGI Leadership Updates

S&P Global Names Firdaus Bhathena as Chief Technology & Transformation Officer to Lead Next Phase of Growth and Innovation

Versigent Set to Join S&P SmallCap 600

Verde Clean Fuels, Inc. Announces New CEO and Engagement of Financial Advisor to Evaluate Strategic Alternatives

$CONN$FBHS$FSLR$SPGI Financials

S&P Global Schedules First Quarter 2026 Earnings Announcement and Conference Call for Tuesday, April 28, 2026

S&P Global Announces: Mobility Global to Host Investor Day on May 12, 2026

S&P Dow Jones Indices Announces Change to the S&P/TSX Canadian Dividend Aristocrats Index

$CONN$FBHS$FSLR$SPGI Large Ownership Changes

SEC Form SC 13D filed by First Solar Inc.

Amendment: SEC Form SC 13D/A filed by First Solar Inc.

SEC Form SC 13D/A filed by Conn's Inc. (Amendment)

Recent Analyst Ratings for
$CONN
$FBHS
$FSLR
$SPGI

Recent Analyst Ratings for
$CONN
$FBHS
$FSLR
$SPGI

$CONN
$FBHS
$FSLR
$SPGI
Insider Trading

$CONN
$FBHS
$FSLR
$SPGI
Insider Purchases

$CONN
$FBHS
$FSLR
$SPGI
SEC Filings

$CONN
$FBHS
$FSLR
$SPGI
Press Releases

$CONN
$FBHS
$FSLR
$SPGI
Analyst Ratings

$CONN
$FBHS
$FSLR
$SPGI
Leadership Updates

$CONN
$FBHS
$FSLR
$SPGI
Financials

$CONN
$FBHS
$FSLR
$SPGI
Large Ownership Changes