Fortune Brands Home & Security (NASDAQ:FBHS) Insider David Lingafelter sold 1,272 shares of Fortune Brands Home & Security stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $39.74, for a total transaction of $50,549.28. Following the transaction, the insider now directly owns 90,399 shares in the company. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
A number of research firms have recently commented on FBHS. Analysts at Barclays Capital raised their price target on shares of Fortune Brands Home & Security (NASDAQ:FBHS) from $49.00 to $51.00 in a research note to investors on Tuesday. Separately, analysts at RBC Capital raised their price target on shares of Fortune Brands Home & Security (NASDAQ:FBHS) from $48.00 to $49.00 in a research note to investors on Thursday, July 25th. Finally, analysts at Zacks downgraded shares of Fortune Brands Home & Security (NASDAQ:FBHS) from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, July 24th. They now have a $47.50 price target on the stock.
Three research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. Fortune Brands Home & Security currently has a consensus rating of “Buy” and a consensus price target of $45.42.
Shares of Fortune Brands Home & Security (NASDAQ:FBHS) traded up 2.71% on Tuesday, hitting $40.89. 1,700,504 shares of the company’s stock traded hands. Fortune Brands Home & Security has a 52-week low of $25.97 and a 52-week high of $44.04. The stock has a 50-day moving average of $39.10 and a 200-day moving average of $38.53. The company has a market cap of $6.788 billion and a price-to-earnings ratio of 42.71.
Fortune Brands Home & Security (NASDAQ:FBHS) last posted its quarterly earnings results on Wednesday, July 24th. The company reported $0.41 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.39 by $0.02. The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter in the prior year, the company posted $0.29 earnings per share. The company’s quarterly revenue was up 11.2% on a year-over-year basis. On average, analysts predict that Fortune Brands Home & Security will post $1.44 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, September 18th. Shareholders of record on Thursday, August 29th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.98%. The ex-dividend date is Tuesday, August 27th.
Fortune Brands Home & Security, Inc is engaged in home and security products with companies focused on the design, manufacture and sale of products in Kitchen & Bath Cabinetry, Plumbing & Accessories, advanced material windows & entry door Systems, and security and storage products.