Fortune Brands Home & Security, Inc. provides home and security products for residential home repair, remodeling, new construction, and security applications. It operates in three segments: Plumbing, Outdoors & Security, and Cabinets. The Plumbing segment manufactures, assembles, and sells faucets, accessories, kitchen sinks, and waste disposals in the United States, China, Canada, Mexico, Southeast Asia, Europe, and South America directly through its own sales force, as well as through independent manufacturers' representatives to wholesalers, home centers, mass merchandisers, and industrial distributors. The Outdoors & Security segment offers fiberglass and steel entry door systems under the Therma-Tru brand; storm, screen, and security doors under the Larson brand; composite decking and railing under the Fiberon brand; and urethane millwork under the Fypon brand. This segment also manufactures, sources, and distributes locks, safety and security devices, and electronic security products under the Master Lock and American Lock brands; and fire resistant safes, security containers, and commercial cabinets under the SentrySafe brand. It serves home centers, hardware and other retailers, millwork building products and wholesale distributors, specialty dealers, and remodeling and renovation markets, as well as locksmiths, industrial and institutional users, and original equipment manufacturers in the United States, Canada, Europe, Central America, Japan, and Australia. The Cabinets segment manufactures custom, semi-custom, and stock cabinetry, as well as vanities for the kitchen, bath, and other parts of the home directly to kitchen and bath dealers, home centers, wholesalers, and builders in North America under the Aristokraft, Diamond Now, Mid-Continent, Homecrest, Kitchen Craft, Omega, EVE, Diamond Reflections, Diamond, Kemper, Schrock, Starmark, Ultracraft, and Mantra brands. The company was incorporated in 1988 and is headquartered in Deerfield, Illinois.
IPO Year:
Exchange: NYSE
Website: fbhs.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/14/2022 | $90.00 → $62.00 | Outperform → Neutral | Credit Suisse |
| 8/18/2022 | $100.00 | Buy | Deutsche Bank |
| 4/29/2022 | Sector Weight → Overweight | KeyBanc Capital Markets | |
| 4/29/2022 | $74.00 → $84.00 | Underperform → Neutral | BofA Securities |
| 4/11/2022 | $118.00 → $74.00 | Buy → Underperform | BofA Securities |
| 4/5/2022 | $90.00 | Outperform | Credit Suisse |
| 3/23/2022 | $120.00 → $91.00 | Buy → Hold | Loop Capital |
| 3/21/2022 | $120.00 → $95.00 | Buy → Hold | Jefferies |
| 1/20/2022 | $130.00 | Buy | UBS |
| 12/15/2021 | $92.00 → $100.00 | Underweight | Barclays |
IRVINE, Calif., Jan. 11, 2022 /PRNewswire/ -- The House of Rohl®, a portfolio of luxury decorative plumbing brands comprised of ROHL®, Riobel®, Perrin & Rowe®, Shaws® and Victoria + Albert®, today announced that Chair and Founder Louis Rohl is retiring effective Feb. 28, 2022, following nearly 40 years of service to the kitchen and bath industry. Lou began his longstanding career working with his father, Ken Rohl, after the inception of the ROHL brand in 1983. While there, Lou was dedicated to helping curate design-forward kitchen and bath collections that propelled ROHL to
DEERFIELD, Ill.--(BUSINESS WIRE)--Fortune Brands Home & Security, Inc. (NYSE: FBHS, the “Company”, or “Fortune Brands”), an industry-leading home and security products company, today announced that the Board of Directors appointed Susan Saltzbart Kilsby as non-executive chair, effective January 1, 2021. Ms. Kilsby, an independent director, has served on Fortune Brands’ Board since 2015, and is currently a member of the Nominating, Environmental, Social and Governance committee and the Compensation committee. Ms. Kilsby had a distinguished career in investment banking, mergers and acquisitions and international business prior to her retirement in 2014, holding a variety of senior
Fortune Brands Water Innovations to gain advanced trade promotion and pricing optimization capabilities with integration of the Enterra Revenue Growth Intelligence System™ Enterra Solutions, the leader in autonomous value-chain optimization and decision-making solutions, and Fortune Brands Water Innovations ("Fortune Brands"), a business segment within the industry-leading home and security company Fortune Brands Home & Security, Inc. (NYSE:FBHS), have announced their partnership under a multi-year Solution-as-a-Service contract. Fortune Brands will deploy the Enterra Revenue Growth Intelligence System™ (ERGIS™) to evolve its trade promotion planning process as well as optimize its pricing
Fortune Brands Home & Security, Inc. (NYSE:FBHS) announced that on December 12, 2022, its Board of Directors declared a quarterly cash dividend for Fortune Brands Innovations, Inc. (NYSE:FBIN) of $0.23 per common share. The Fortune Brands Innovations dividend is payable on March 15, 2023, to Fortune Brands Innovations stockholders of record as of the close of business on February 24, 2023. As previously announced, the Company is changing its name to Fortune Brands Innovations, Inc. and its ticker symbol to FBIN, effective December 15, 2022. The new name better reflects the Company's evolution as a business focused on driving accelerated growth in its categories through brand and innovation
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
Leaders to Discuss Strategic Vision for Both Fortune Brands Innovations, Inc. and MasterBrand, Inc. Beginning at 9 a.m. ET Fortune Brands Home & Security, Inc. (NYSE:FBHS), an industry-leading home and security products company, today will host an Investor Day in advance of its planned separation into two world-class companies, which is expected to occur on December 14, 2022. Shortly after the separation of MasterBrand, Inc. (NYSE:MBC), Fortune Brands will be changing its name to Fortune Brands Innovations, Inc., reflecting the Company's focus on driving accelerated growth in its categories through brands and innovation. As Fortune Brands and MasterBrand prepare to pursue independent path
STOCKHOLM, Dec. 2, 2022 ASSA ABLOY has entered into binding agreements with Fortune Brands Home & Security, Inc. (NYSE:FBHS) or ("Fortune Brands") for the sale of Emtek and the Smart Residential business in the U.S. and Canada to fully resolve all the alleged competitive concerns surrounding the proposed acquisition of the Hardware and Home Improvement division ("HHI") of Spectrum Brands. On September 8, 2021, ASSA ABLOY announced it had signed an agreement to acquire the HHI division of Spectrum Brands (NYSE:SPB) for a purchase price of MUSD 4,300 on a cash and debt free basis. On September 15, 2022, the U.S. Department of Justice ("DOJ") announced that it will seek to block the proposed a
Yale and August add scale and breadth to Fortune Brands' complementary security and connected smart home portfolio in the U.S. and Canada Emtek and Schaub lead entry into new, highly synergistic premium brand-led category Transaction supports Fortune Brands' disciplined inorganic growth strategy and augments its opportunities in supercharged categories Fortune Brands Home & Security, Inc. ("FBHS," "Fortune Brands" or the "Company"), an industry-leading home and security products company, today announced it has entered into a definitive agreement to acquire the Emtek and Schaub premium and luxury door and cabinet hardware business and the U.S. and Canadian Yale and August residential
MasterBrand Finalizes Composition of Board of Directors Fortune Brands Home & Security, Inc. (NYSE:FBHS), an industry-leading home and security products company, today announced that the U.S. Securities and Exchange Commission has declared effective the Registration Statement on Form 10 filed by MasterBrand, Inc. ("MasterBrand"). The Form 10 includes information regarding MasterBrand's business and strategy, as well as details on the spin-off, which is expected to be completed on December 14, 2022. MasterBrand has also finalized the composition of its Board of Directors, effective following its spin-off from Fortune Brands, and intends to appoint the following individuals to its Board:
Separation expected to be complete on Wednesday, December 14, 2022 Fortune Brands Home & Security, Inc. (NYSE:FBHS), an industry-leading home and security products company, announced that on November 21, 2022, its Board of Directors approved the previously announced separation of its cabinets business, MasterBrand, Inc. ("MasterBrand"), via a tax-free spin-off. The separation is expected to be complete on Wednesday, December 14, 2022, and will be achieved through the distribution of all outstanding shares of MasterBrand common stock to Fortune Brands common stockholders of record as of 5:00 PM, Central Time, on Friday, December 2, 2022. The distribution of MasterBrand's shares is expected
Fiberon, a leading manufacturer of composite wood-alternative decking and railing products, today announced a partnership with Hixson Lumber Company, a major supplier of wood products. The partnership expands Fiberon's reach in Texas, Louisiana, Arkansas and Oklahoma. Currently, Hixson Lumber distributes pressure-treated lumber for deck framing, making it possible for dealers to acquire all materials from one source. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221107005708/en/Fiberon's new partnership with Hixson Lumber Company expands Fiberon's reach in Texas, Louisiana, Arkansas and Oklahoma. "Our new partnership with Hixson
New Name Reflects Focus on Driving Growth in Super-charged Categories while Building on Strong History of Outperformance Fortune Brands Home & Security, Inc. (NYSE:FBHS, the "Company", or "Fortune Brands"))), an industry-leading home and security products company, announced it intends to change its name to Fortune Brands Innovations, Inc., to better reflect its evolution as a business focused on driving accelerated growth in its categories through brand and innovation. As part of this new identity and direction, the Company intends that the new name, logo and corresponding new ticker symbol, FBIN, will go into effect shortly after the completion of the separation of the Cabinets business.
8-K - Fortune Brands Innovations, Inc. (0001519751) (Filer)
8-K - Fortune Brands Innovations, Inc. (0001519751) (Filer)
8-K - Fortune Brands Innovations, Inc. (0001519751) (Filer)
8-K - Fortune Brands Innovations, Inc. (0001519751) (Filer)
10-Q - Fortune Brands Innovations, Inc. (0001519751) (Filer)
8-K - Fortune Brands Innovations, Inc. (0001519751) (Filer)
11-K/A - Fortune Brands Innovations, Inc. (0001519751) (Filer)
11-K - Fortune Brands Innovations, Inc. (0001519751) (Filer)
11-K - Fortune Brands Innovations, Inc. (0001519751) (Filer)
8-K - Fortune Brands Innovations, Inc. (0001519751) (Filer)
Credit Suisse downgraded Fortune Brands Home & Security from Outperform to Neutral and set a new price target of $62.00 from $90.00 previously
Deutsche Bank initiated coverage of Fortune Brands Home & Security with a rating of Buy and set a new price target of $100.00
KeyBanc Capital Markets upgraded Fortune Brands Home & Security from Sector Weight to Overweight
BofA Securities upgraded Fortune Brands Home & Security from Underperform to Neutral and set a new price target of $84.00 from $74.00 previously
BofA Securities downgraded Fortune Brands Home & Security from Buy to Underperform and set a new price target of $74.00 from $118.00 previously
Credit Suisse initiated coverage of Fortune Brands Home & Security with a rating of Outperform and set a new price target of $90.00
Loop Capital downgraded Fortune Brands Home & Security from Buy to Hold and set a new price target of $91.00 from $120.00 previously
Jefferies downgraded Fortune Brands Home & Security from Buy to Hold and set a new price target of $95.00 from $120.00 previously
UBS initiated coverage of Fortune Brands Home with a rating of Buy and set a new price target of $130.00
Barclays reiterated coverage of Fortune Brands Home with a rating of Underweight and set a new price target of $100.00 from $92.00 previously
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
Over the past 3 months, 6 analysts have published their opinion on Fortune Brands Home (NYSE:FBHS) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 2 2 0 0 Last 30D 0 1 1 0 0 1M Ago 0 0 0 0 0 2M Ago 2 1 1 0 0 3M Ago 0 0 0 0 0 These 6 analysts have an average price target of $73.83 versus the current price of Fortune Brands Home at $60.66, implying upside. Below is a summary of how these 6 analysts rated Fortune Brands Home over the past 3 months. The greater the nu
BMO Capital analyst Ketan Mamtora maintains Fortune Brands Home (NYSE:FBHS) with a Outperform and lowers the price target from $85 to $82.
Credit Suisse analyst Dan Oppenheim maintains Fortune Brands Home (NYSE:FBHS) with a Neutral and lowers the price target from $57 to $55.
- SEC Filing
Fortune Brands Home & Security, Inc. (NYSE:FBHS), an industry-leading home and security products company, today will host an Investor Day in advance of its planned separation into two world-class companies, which is expected to occur on December 14, 2022. Shortly after the separation of MasterBrand, Inc. (NYSE:MBC), Fortune Brands will be changing its name to Fortune Brands Innovations, Inc., reflecting the Company's focus on driving accelerated growth in its categories through brands and innovation. As Fortune Brands and MasterBrand prepare to pursue independent paths, members of the senior leadership teams of both companies will present an update on each company's strategic initiatives, g
Fortune Brands Home & Security Inc (NYSE:FBHS) has agreed to acquire the Emtek and Schaub premium and luxury door and cabinet hardware business and the U.S. and Canadian Yale and August residential smart home locks business from ASSA ABLOY AB (OTC:ASAZF) (OTC:ASAZY). The purchase price of the acquisition is $800 million, or approximately $700 million net of tax benefits, in cash on a cash-free, debt-free basis. "Yale and August will bring two great brands and significant engineering expertise into our already powerful security portfolio," said CEO Nicholas Fink. The acquisition is conditioned on the successful closing of the acquisition by ASSA ABLOY from Spectrum Brands Holdings, Inc.
Yale and August add scale and breadth to Fortune Brands' complementary security and connected smart home portfolio in the U.S. and Canada Emtek and Schaub lead entry into new, highly synergistic premium brand-led category Transaction supports Fortune Brands' disciplined inorganic growth strategy and augments its opportunities in supercharged categories Fortune Brands Home & Security, Inc. ("FBHS," "Fortune Brands" or the "Company"), an industry-leading home and security products company, today announced it has entered into a definitive agreement to acquire the Emtek and Schaub premium and luxury door and cabinet hardware business and the U.S. and Canadian Yale and August residential sm
Fiberon, a leading manufacturer of composite wood-alternative decking and railing products, today announced a partnership with Hixson Lumber Company, a major supplier of wood products. The partnership expands Fiberon's reach in Texas, Louisiana, Arkansas and Oklahoma. Currently, Hixson Lumber distributes pressure-treated lumber for deck framing, making it possible for dealers to acquire all materials from one source. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221107005708/en/ Fiberon's new partnership with Hixson Lumber Company expands Fiberon's reach in Texas, Louisiana, Arkansas and Oklahoma. "Our new partnership with Hix
Fortune Brands Home & Security, Inc. (NYSE:FBHS) announced that on December 12, 2022, its Board of Directors declared a quarterly cash dividend for Fortune Brands Innovations, Inc. (NYSE:FBIN) of $0.23 per common share. The Fortune Brands Innovations dividend is payable on March 15, 2023, to Fortune Brands Innovations stockholders of record as of the close of business on February 24, 2023. As previously announced, the Company is changing its name to Fortune Brands Innovations, Inc. and its ticker symbol to FBIN, effective December 15, 2022. The new name better reflects the Company's evolution as a business focused on driving accelerated growth in its categories through brand and innovation
Business and Operations Highlights: 3Q 2022 sales of $2.1 billion, an increase of 3 percent versus a year ago 3Q 2022 earnings per share (EPS) of $1.57, an increase of 8 percent versus a year ago; EPS before charges / gains of $1.79, an increase of 20 percent versus a year ago Full-year guidance updated to reflect a softening market environment Separation into two world-class companies progressing well ahead of schedule Fortune Brands Home & Security, Inc. (NYSE:FBHS, the "Company", or "Fortune Brands"))), an industry-leading home and security products company, today announced third quarter 2022 results. "Our team delivered impressive third quarter results, including 20 percent E
Fortune Brands Home & Security, Inc. (NYSE:FBHS), an industry-leading home and security products company, will release third quarter 2022 financial results after the market close on Wednesday, October 26, 2022. At 4:30 p.m. ET, Chief Executive Officer Nicholas Fink, Chief Financial Officer Patrick Hallinan, Senior Vice President of Finance and Investor Relations David Barry, and President of MasterBrand Dave Banyard, will host a conference call to discuss third quarter 2022 results. A live internet audio webcast of the conference call will be available on the Fortune Brands website at http://ir.fbhs.com/events.cfm. It is recommended that listeners log-on at least 10 minutes prior to the st
Fortune Brands Home & Security, Inc. (NYSE:FBHS), an industry-leading home and security products company, today announced that its Board of Directors declared a quarterly cash dividend of $0.28 per common share. The dividend is payable on December 14, 2022, to stockholders of record as of the close of business on November 25, 2022. About Fortune Brands Fortune Brands Home & Security, Inc. (NYSE:FBHS), headquartered in Deerfield, IL., is a Fortune 500 company, part of the S&P 500 Index and a leader in the home products industry. With trusted brands and market leadership positions in each of its three operating segments, Water Innovations, Outdoors & Security, and Cabinets, Fortune Brands'
Fortune Brands Home & Security, Inc. (NYSE:FBHS, the "Company", or "Fortune Brands"))), an industry-leading home and security products company, today announced it has acquired Aqualisa Holdings (International) Ltd. ("Aqualisa"). Aqualisa is a leading U.K. manufacturer of shower products known for premium, innovative, smart digital shower systems and exceptional customer care. "Fortune Brands has long been a brand and innovation leader. As we continue to evolve, we are proactively positioning our Company for a future of increased brand and innovation strength and accelerated growth," said Nicholas Fink, chief executive officer, Fortune Brands. "This exciting acquisition helps advance our ke
Business and Operations Highlights: 2Q 2022 sales of $2.1 billion, an increase of 9 percent versus a year ago 2Q 2022 earnings per share (EPS) of $1.46, a decrease of 6 percent versus a year ago; EPS before charges / gains of $1.67, an increase of 7 percent versus a year ago Separation of companies progressing ahead of schedule; Company expects to file initial Form 10 during 3Q Fortune Brands Home & Security, Inc. (NYSE:FBHS, the "Company", or "Fortune Brands"))), an industry-leading home and security products company, today announced second quarter 2022 results. "Our teams once again delivered strong results while also advancing key strategic priorities," said Nicholas Fink, chief
Fortune Brands Home & Security, Inc. (NYSE:FBHS), an industry-leading home and security products company, today announced that on July 22, 2022, its Board of Directors declared a quarterly cash dividend of $0.28 per common share. The dividend is payable on September 14, 2022, to stockholders of record as of the close of business on August 26, 2022. About Fortune Brands Fortune Brands Home & Security, Inc. (NYSE:FBHS), headquartered in Deerfield, IL., is a Fortune 500 company, part of the S&P 500 Index and a leader in the home products industry. With trusted brands and market leadership positions in each of its three operating segments, Water Innovations, Outdoors & Security, and Cabinets,
Fortune Brands Home & Security, Inc. (NYSE:FBHS), an industry-leading home and security products company, will release second quarter 2022 financial results after the market close on Wednesday, July 27, 2022. At 4:30 p.m. ET, Nicholas Fink, chief executive officer, Patrick Hallinan, chief financial officer, and David Barry, senior vice president of finance and investor relations, will host a conference call to discuss second quarter 2022 results. A live internet audio webcast of the conference call will be available on the Fortune Brands website at http://ir.fbhs.com/events.cfm. It is recommended that listeners log-on at least 10 minutes prior to the start of the call. A recorded replay o
Fortune Brands Home & Security, Inc. (NYSE:FBHS), an industry-leading home and security products company, today announced that on May 2, 2022, its Board of Directors declared a quarterly cash dividend of $0.28 per common share. The dividend is payable on June 15, 2022, to stockholders of record as of the close of business on May 27, 2022. About Fortune Brands Fortune Brands Home & Security, Inc. (NYSE:FBHS), headquartered in Deerfield, IL., is a Fortune 500 company, part of the S&P 500 Index and a leader in the home products industry. With trusted brands and market leadership positions in each of its three operating segments, Water Innovations, Outdoors & Security, and Cabinets, Fortune B
Business and Operations Highlights: Company announces intent to separate into two leading publicly traded companies via a tax-free spin-off of Cabinets business 1Q 2022 sales of $1.9 billion increased 8 percent versus a year ago 1Q 2022 earnings per share (EPS) of $1.34; an increase of 6 percent versus a year ago; EPS before charges / gains of $1.31, a decrease of 4 percent versus a year ago Company adjusts full year 2022 EPS range upward to reflect impact from share repurchases net of interest expense and taxes; Company maintains 2022 operational guidance Fortune Brands Home & Security, Inc. (NYSE:FBHS, the "Company", or "Fortune Brands"))), an industry-leading home and security
4 - Fortune Brands Innovations, Inc. (0001519751) (Issuer)
4 - Fortune Brands Innovations, Inc. (0001519751) (Issuer)
4 - Fortune Brands Innovations, Inc. (0001519751) (Issuer)
4 - Fortune Brands Innovations, Inc. (0001519751) (Issuer)
4 - Fortune Brands Innovations, Inc. (0001519751) (Issuer)
4 - Fortune Brands Innovations, Inc. (0001519751) (Issuer)
4 - Fortune Brands Innovations, Inc. (0001519751) (Issuer)
4 - Fortune Brands Innovations, Inc. (0001519751) (Issuer)
4 - Fortune Brands Innovations, Inc. (0001519751) (Issuer)
4 - Fortune Brands Innovations, Inc. (0001519751) (Issuer)
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SC 13G/A - Fortune Brands Innovations, Inc. (0001519751) (Subject)
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SC 13G/A - Fortune Brands Innovations, Inc. (0001519751) (Subject)
SC 13G - Fortune Brands Innovations, Inc. (0001519751) (Subject)
SC 13G/A - Fortune Brands Innovations, Inc. (0001519751) (Subject)
SC 13G/A - Fortune Brands Home & Security, Inc. (0001519751) (Subject)
SC 13G/A - Fortune Brands Home & Security, Inc. (0001519751) (Subject)
SC 13G/A - Fortune Brands Home & Security, Inc. (0001519751) (Subject)
SC 13G/A - Fortune Brands Home & Security, Inc. (0001519751) (Subject)