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FBIN

FORTUNE BRANDS INNOVATIONS I

2 managers · $511M total
Data: SEC EDGAR 13F · 2026Q2
Manager holders · last 5 qtrsⓘ
2
2025Q2 – 2026Q2 · flat QoQ
Total position
$511M
Combined value across tracked managers
Net move this quarter
↓ Trimming
Weighted by holders' share change
HolderQ actionValue% of port.Style
Harris (Oakmark)Add+3.4%$419M0.56%Deep value / Contrarian long-term
SoutheasternⓘTrim-21.65%$93M4.83%Deep value / Concentrated
What managers sayⓘ
2026-09-30Southeastern Asset ManagementBull3Q26 Partners Fund CommentaryDetail →
2026-09-30Southeastern Asset ManagementBull3Q26 Global Fund CommentaryDetail →
2026-06-30Southeastern Asset ManagementBull2Q26 Small-Cap Fund CommentaryDetail →
2026-06-30Southeastern Asset ManagementBull2Q26 Partners Fund CommentaryDetail →
2026-06-30Southeastern Asset ManagementBull2Q26 Global Fund CommentaryDetail →
2026-03-31Southeastern Asset ManagementBull1Q26 Partners Fund CommentaryDetail →
2024-03-31Southeastern Asset ManagementNeutral1Q24 Partners Fund CommentaryDetail →
2023-12-31Southeastern Asset ManagementBull4Q23 Partners Fund CommentaryDetail →
13D/G Ownership Filingsⓘ

Links open the original SEC EDGAR filing. Covers tracked managers only.

Earnings Callsⓘ
Q2 2026August 11, 2026
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### FORTUNE BRANDS INNOVATIONS Q2 2026 Results: Management reported a 4% year-over-year decline in revenue and lowered full-year EPS guidance, primarily due to service challenges and increased investments. New CEO Jesse Singh emphasized a return to basics, focusing on customers, simplifying the organization, and investing in core businesses.
Key Data: Total revenue was $1.2 billion, down 4% year-over-year; adjusted EPS was $1.35, including a net tariff refund benefit of $0.52. Water segment revenue fell 6.5%, impacted by service challenges and market share losses.
Business Developments: After taking office, new CEO Singh plans to reintegrate the marketing team into business units to accelerate decision-making and advance the announced $70 million cost-cutting plan. The Water business experienced service disruptions due to supply chain and system changes; the company is improving the situation by increasing expedited freight costs and restoring the original S&OP process. Security segment grew 3.8%, with sales of the new Master Lock Elite padlock exceeding expectations. In the Outdoors segment, the Larson brand performed well, and a strategic review of Fiberon is ongoing.
Guidance & Outlook: The company maintained its full-year revenue guidance (low single-digit decline) but expects to be at the low end of the range. Full-year EPS guidance was lowered to $3.22-$3.52 (including the $0.52 refund), implying core EPS of $2.70-$3.00, reflecting investments to improve service and accelerate new product development. Q3 revenue is expected to decline 1%-2%, with EPS of $0.72-$0.76.
Risk/Highlight Signals: Management explicitly stated that service challenges in the Water business are a drag on short-term margins but believes Q3 and Q4 may represent the trough for margins, with improvement expected in 2027. Concurrently, the company is actively evaluating its portfolio to concentrate resources on core brands.
Q1 2026May 8, 2026
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FinancialsⓘFY2025 · Source: SEC EDGAR 10-K

5y revenue CAGR -2% · latest net margin 6.7% · FCF consistently positive

Revenue$4.46B
Rev. YoY-3.2%
Gross margin44.6%
Net margin6.7%
Net income$0.30B
Free cash flow$0.37B
Operating cash flow$0.48B
ROE12.5%

Source: SEC EDGAR company filings (10-K). Foreign issuers (20-F/IFRS) not yet covered.