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Fmr LLC boosted its stake in home and security products company Fortune Brands Innovations by 7.5%.
Fmr LLC increased its holdings in Fortune Brands Innovations (FBIN) by 7.5%, now owning 4.41% of the company worth $374.27 million.
Fortune Brands Innovations, which provides home and security products, reported a net margin of 10.24% and a return on equity of 22.05%.
Despite missing Q4 earnings estimates, analysts predict a 4.24 EPS for the year.
The stock's price target was lowered to $68.00 by Barclays, maintaining an overweight rating.
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Fmr LLC impulsó su participación en la empresa de productos para el hogar y la seguridad Fortune Brands Innovations en un 7,5%.