Quantbot Technologies LP increased its stake in Fortune Brands Innovations by 212.2% in Q2.
Quantbot Technologies LP increased its stake in Fortune Brands Innovations, Inc. (NYSE: FBIN) by 212.2% in Q2, acquiring 67,874 additional shares, bringing its total to 99,853. Other institutional investors have also boosted their positions. The company reported a net margin of 9.39% and earnings per share of $1.16, surpassing estimates. Fortune Brands has a current dividend yield of 1.15% and a price target of $83.20.
September 16, 2024
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