Orion Portfolio Solutions LLC Has $618,000 Holdings in Fortune Brands Innovations, Inc. (NYSE:FBIN)

Orion Portfolio Solutions LLC decreased its position in shares of Fortune Brands Innovations, Inc. ( NYSE:FBIN – Free Report ) by 7.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission.

The institutional investor owned 9,042 shares of the company’s stock after selling 771 shares during the period. Orion Portfolio Solutions LLC’s holdings in Fortune Brands Innovations were worth $618,000 as of its most recent filing with the Securities and Exchange Commission. Other institutional investors also recently modified their holdings of the company.



Flagship Wealth Advisors LLC acquired a new position in Fortune Brands Innovations during the 4th quarter worth about $31,000. Wingate Wealth Advisors Inc. bought a new stake in shares of Fortune Brands Innovations during the fourth quarter valued at approximately $55,000.

IFP Advisors Inc increased its holdings in shares of Fortune Brands Innovations by 47.6% in the fourth quarter. IFP Advisors Inc now owns 853 shares of the company’s stock valued at $62,000 after purchasing an additional 275 shares in the last quarter.

New Age Alpha Advisors LLC bought a new position in Fortune Brands Innovations in the 4th quarter worth approximately $82,000. Finally, Blue Trust Inc. lifted its holdings in Fortune Brands Innovations by 18.

0% during the 4th quarter. Blue Trust Inc. now owns 1,436 shares of the company’s stock worth $98,000 after buying an additional 219 shares in the last quarter.

Institutional investors own 87.60% of the company’s stock. Fortune Brands Innovations Trading Down 4.

1 % NYSE:FBIN opened at $50.85 on Tuesday. The company has a debt-to-equity ratio of 0.

90, a current ratio of 1.25 and a quick ratio of 0.65.

The business’s 50-day simple moving average is $64.71 and its 200-day simple moving average is $73.82.

Fortune Brands Innovations, Inc. has a fifty-two week low of $50.04 and a fifty-two week high of $90.

54. The stock has a market capitalization of $6.16 billion, a PE ratio of 13.

56, a price-to-earnings-growth ratio of 2.00 and a beta of 1.42.

Insider Buying and Selling In other Fortune Brands Innovations news, EVP Ron Wilson sold 1,500 shares of the business’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $68.94, for a total value of $103,410.

00. Following the sale, the executive vice president now owns 10,066 shares in the company, valued at approximately $693,950.04.

The trade was a 12.97 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link .

Also, EVP Kristin Papesh purchased 483 shares of the firm’s stock in a transaction dated Tuesday, March 4th. The shares were acquired at an average cost of $61.99 per share, with a total value of $29,941.

17. Following the completion of the purchase, the executive vice president now directly owns 7,617 shares in the company, valued at approximately $472,177.83.

This represents a 6.77 % increase in their ownership of the stock. The disclosure for this purchase can be found here .

Company insiders own 1.20% of the company’s stock. Analyst Ratings Changes Several equities research analysts have recently commented on FBIN shares.

Royal Bank of Canada lowered their target price on Fortune Brands Innovations from $75.00 to $70.00 and set a “sector perform” rating for the company in a research note on Friday, February 7th.

The Goldman Sachs Group dropped their price objective on Fortune Brands Innovations from $97.00 to $85.00 and set a “buy” rating for the company in a report on Tuesday, January 14th.

Barclays reduced their target price on shares of Fortune Brands Innovations from $91.00 to $79.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th.

UBS Group dropped their price target on shares of Fortune Brands Innovations from $93.00 to $90.00 and set a “buy” rating for the company in a research note on Friday, February 7th.

Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of Fortune Brands Innovations in a research note on Tuesday, April 1st. They issued a “hold” rating and a $70.00 price objective on the stock.

Seven analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $85.

25. Check Out Our Latest Stock Report on FBIN Fortune Brands Innovations Company Profile ( Free Report ) Fortune Brands Innovations, Inc provides home and security products for residential home repair, remodeling, new construction, and security applications in the United States and internationally. The company operates through three segments: Water, Outdoors, and Security.

The Water segment manufactures or assembles, and sells faucets, accessories, kitchen sinks, and waste disposals under the Moen, ROHL, Riobel, Victoria+Albert, Perrin & Rowe, Aqualisa, Shaws, Emtek, and Schaub brands. Featured Stories Want to see what other hedge funds are holding FBIN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fortune Brands Innovations, Inc.

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