From MarketBeat:



Vontobel Holding Ltd. reduced its holdings in Fortune Brands Innovations, Inc. by 82.1%. Other hedge funds and institutional investors have also bought and sold shares of the company, including BlackRock Inc., JPMorgan Chase & Co., Holocene Advisors LP, and Dimensional Fund Advisors LP. Shares of Fortune Brands Innovations stock opened at $77.14 on Wednesday. The company has a fifty-two week low of $54.10 and a fifty-two week high of $80.33. Fortune Brands Innovations announced a quarterly dividend of $0.24 per share, representing a boost from its previous quarterly dividend of $0.23. Analysts anticipate that Fortune Brands Innovations, Inc. will post $3.88 earnings per share for the current fiscal year.

On the stock market, analysts have shared their ratings and price targets for Fortune Brands Innovations stock. Jefferies Financial Group, The Goldman Sachs Group, Barclays, Royal Bank of Canada, and Truist Financial have all weighed in on the company’s stock. While Fortune Brands Innovations currently has a “Hold” rating among analysts, top-rated analysts believe that there are five other stocks that are better buys. Additionally, 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.

This news article was created using narrative science technology and financial data from MarketBeat to deliver accurate and fast reporting. For more details on Fortune Brands Innovations and other stock recommendations, readers can visit the MarketBeat website.



Read more: Vontobel Holding Ltd. Decreases Stock Position in Fortune Brands Innovations, Inc. (NYSE:FBIN)