NYSE · Basic Materials

FORTUNE BRANDS INNOVATIONS I FBIN

Fortune Brands Innovations is a company focusing on branded home products. It serves the residential market through plumbing, cabinets, doors, security and other categories. It has recently focused on digital and connected smart home solutions through acquisitions and internal innovation, providing investors with an entrance to participate in housing upgrades and smart home trends.

Forest Products

Company profile

Business mix

  • The core business covers faucets and plumbing (Moen, etc.), cabinets, doors and windows (Therma-Tru, Larson), security locks (Master Lock) and outdoor composite materials (Fiberon), occupying a leading position in North American retail and professional channels.
  • Through transformational acquisitions (such as Emtek, etc.) and internal research and development, we have accelerated our expansion into interconnected products and launched digital interconnected solutions such as smart faucets and touch screen door locks.

Current key questions

  • The demand for traditional home replacement is greatly affected by the macroeconomic and real estate market cycles, and whether the company can continue to exceed market growth through brand, innovation and channel advantages is the key to valuation.
  • Internet products are in the early stages of growth and require continued technology investment and market cultivation. There is uncertainty in the pace of improvement in their revenue contribution and profitability.
Holders 3 Current sample portfolio
Public mentions 0 Videos / interviews / letters
Valuation snapshot
PE 17.32 FCF 7.29% Buyback 3.37%
2026-06-07

Current firm holders

Firm Weight Value Filing period
Oakmark / Harris Associates Bill Nygren 0.4% $287.6M 2026-03-31
Southeastern Asset Management Mason Hawkins 4.1% $83.9M 2026-03-31
Vulcan Value Partners C.T. Fitzpatrick 0.4% $13.4M 2026-03-31

Recent trading changes over the last 4 quarters

Net buyers 4 Last 4 13F filing periods
Net reducers 0 Last 4 13F filing periods
Unchanged holders 1 Share count unchanged
Increase amount $121.0M Estimated from net added shares
Reduction amount $0 Estimated from net reduced shares
Net share change / base shares +43.6% +3,090,216 / 7,090,222
Oakmark / Harris Associates Bill Nygren 4 filing periods
13F 2025-06-30 Filed 2025-08-14
Minor increase Shares 13.9% 13F value change -$14.9M
13F 2025-09-30 Filed 2025-11-14
Minor increase Shares 2.2% 13F value change +$23.4M
13F 2025-12-31 Filed 2026-02-17
Minor reduction Shares -1.4% 13F value change -$31.5M
13F 2026-03-31 Filed 2026-05-15
Minor reduction Shares -3.4% 13F value change -$94.6M
Settlement As of 13F 2026-03-31 · Filed 2026-05-15
Base shares 6,656,364 Last 4 periods +722,650 (+10.9%) Total shares 7,379,014 Value $287.6M
Southeastern Asset Management Mason Hawkins 4 filing periods
13F 2025-06-30 Filed 2025-08-14
New Shares - 13F value change +$53.1M
13F 2025-09-30 Filed 2025-11-14
Minor reduction Shares -1.5% 13F value change +$1.1M
13F 2025-12-31 Filed 2026-02-13
Major increase Shares 16.0% 13F value change +$4.7M
13F 2026-03-31 Filed 2026-05-15
Major increase Shares 82.8% 13F value change +$25.0M
Settlement As of 13F 2026-03-31 · Filed 2026-05-15
Base shares 0 Last 4 periods +2,153,285 (New) Total shares 2,153,285 Value $83.9M
Baron Capital Ron Baron 2 filing periods
13F 2025-12-31 Filed 2026-02-17
New Shares - 13F value change +$38.7M
13F 2026-03-31 Filed 2026-05-15
Sold out Shares -100.0% 13F value change -$38.7M
Settlement As of 13F 2026-03-31 · Filed 2026-05-15
Base shares 0 Last 4 periods +0 (New) Total shares 0 Value $0
Vulcan Value Partners C.T. Fitzpatrick 4 filing periods
13F 2025-06-30 Filed 2025-08-13
Major increase Shares 77.9% 13F value change +$5.6M
13F 2025-09-30 Filed 2025-11-10
Minor reduction Shares -7.9% 13F value change -$750,024
13F 2025-12-31 Filed 2026-02-09
Major increase Shares 18.2% 13F value change +$1.7M
13F 2026-03-31 Filed 2026-05-11
Minor reduction Shares -2.8% 13F value change -$4.3M
Settlement As of 13F 2026-03-31 · Filed 2026-05-11
Base shares 182,565 Last 4 periods +160,998 (+88.2%) Total shares 343,563 Value $13.4M
Gotham Asset Management Joel Greenblatt 2 filing periods
13F 2025-09-30 Filed 2025-11-14
Major increase Shares 75.7% 13F value change +$10.6M
13F 2025-12-31 Filed 2026-02-17
Major reduction Shares -31.0% 13F value change -$8.3M
Settlement As of 13F 2025-12-31 · Filed 2026-02-17
Base shares 251,293 Last 4 periods +53,283 (+21.2%) Total shares 304,576 Value $15.2M

Recent mentions

No public mentions.