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Fortune Brands Innovations ( (FBIN) ) has issued an announcement.
On May 13, 2025, Fortune Brands Innovations announced the election of Brendan Foley to its Board of Directors, effective July 1, 2025, expanding the Board from nine to ten members. Foley, currently the CEO of McCormick & Company, brings extensive leadership experience in consumer packaged goods and food industries, which Fortune Brands CEO Nicholas Fink believes will significantly contribute to the company’s strategic execution and shareholder value. This move underscores the company’s commitment to board refreshment and succession planning.
The most recent analyst rating on (FBIN) stock is a Hold with a $84.00 price target. To see the full list of analyst forecasts on Fortune Brands Innovations stock, see the FBIN Stock Forecast page.
Spark’s Take on FBIN Stock
According to Spark, TipRanks’ AI Analyst, FBIN is a Neutral.
Fortune Brands Innovations has a stable financial position with strong profitability, though it faces challenges with declining revenues and high leverage. The technical analysis indicates a bearish trend, but valuation metrics show the stock is reasonably priced. Strategic initiatives are promising, but market uncertainties, especially regarding tariffs, pose risks.
To see Spark’s full report on FBIN stock, click here.
More about Fortune Brands Innovations
Fortune Brands Innovations, Inc. is an industry-leading company specializing in home, security, and digital products, aiming to transform spaces into havens. The company focuses on innovative and dynamic categories within the home products, security, and commercial building markets, with a portfolio of brands including Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe, and Yale residential. Headquartered in Deerfield, Illinois, Fortune Brands trades on the NYSE under the ticker FBIN.
Average Trading Volume: 2,002,334
Technical Sentiment Signal: Sell
Current Market Cap: $6.9B
Find detailed analytics on FBIN stock on TipRanks’ Stock Analysis page.
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