PEMCO Partners with Moen for Smart Leak Detection Technology
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Source: Globenewswire
- Smart Leak Detection: PEMCO partners with Moen, North America's leading faucet brand, to provide smart water monitoring technology to PEMCO members, aiming to reduce water loss and insurance claims by detecting small leaks early.
- Preferred Purchase Benefits: PEMCO members can purchase the Flo Shutoff device at a preferred rate on Moen's website, and those who install it may receive up to $1,000 annually for covered plumbing repairs, enhancing home protection.
- Significant Claim Reduction: A third-party study indicates that homes equipped with the Flo device experience 96% fewer water damage claim events, demonstrating the technology's effectiveness in preventing minor leaks from escalating into major losses.
- Enhanced Customer Experience: The Moen Flo app provides real-time monitoring of water usage and alerts for abnormalities, enabling residents to respond to potential issues promptly, thereby improving home safety and maintenance convenience whether they are at home or away.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy FBIN?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on FBIN
Wall Street analysts forecast FBIN stock price to rise
10 Analyst Rating
4 Buy
5 Hold
1 Sell
Moderate Buy
Current: 40.590
Low
50.00
Averages
62.63
High
79.00
Current: 40.590
Low
50.00
Averages
62.63
High
79.00
About FBIN
Fortune Brands Innovations, Inc. is focused on the home products, security and commercial building markets. The Company's segments include Water, Outdoors and Security. The Water segment manufactures or assembles and sells faucets, accessories, kitchen sinks and waste disposals. The Outdoors segment manufactures and sells fiberglass and steel entry door systems; storm, screen and security doors; composite decking, railing and cladding; urethane millwork, and wide-opening exterior door systems and outdoor enclosures. This segment sells products principally in the United States and Canada. The Security segment’s products consist of locks, safety and security devices, connected and mechanical lock out tag out solutions and electronic security products, and fire resistant safes, security containers and commercial cabinets. Its portfolio of brands includes Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe and Yale residential.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
PEMCO Partners with Moen to Offer Smart Leak Detection Technology
- Smart Leak Detection: PEMCO partners with Moen, North America's leading faucet brand, to provide members with smart leak detection and automatic water shutoff technology, aimed at helping members identify issues before water damage occurs, thereby reducing insurance claims risk.
- Preferred Purchase Rate: PEMCO members can purchase the Flo Shutoff device at a preferred rate on Moen's website, and those who install the system may receive up to $1,000 annually toward covered plumbing repairs through eligible homeowner policies, further enhancing home protection capabilities.
- Significant Reduction in Claims: A third-party study indicates that homes with the Flo device installed experience 96% fewer water damage claim events, as the device learns water usage patterns to identify abnormalities, enabling residents to take action before issues escalate.
- Enhanced Customer Experience: Moen's VP Jeff Barnes states that this partnership combines smart water technology with PEMCO's commitment to customers, eliminating uncertainty in home maintenance and providing a safer living experience for modern homeowners.
See More
PEMCO Partners with Moen for Smart Leak Detection Technology
- Smart Leak Detection: PEMCO partners with Moen, North America's leading faucet brand, to provide smart water monitoring technology to PEMCO members, aiming to reduce water loss and insurance claims by detecting small leaks early.
- Preferred Purchase Benefits: PEMCO members can purchase the Flo Shutoff device at a preferred rate on Moen's website, and those who install it may receive up to $1,000 annually for covered plumbing repairs, enhancing home protection.
- Significant Claim Reduction: A third-party study indicates that homes equipped with the Flo device experience 96% fewer water damage claim events, demonstrating the technology's effectiveness in preventing minor leaks from escalating into major losses.
- Enhanced Customer Experience: The Moen Flo app provides real-time monitoring of water usage and alerts for abnormalities, enabling residents to respond to potential issues promptly, thereby improving home safety and maintenance convenience whether they are at home or away.
See More
Fortune Brands Innovations Showcases Fiberon Novus at AIA Conference 2026
- Exhibition Highlight: Fortune Brands Innovations showcases the industry-first Fiberon Novus composite decking at the 2026 AIA Conference, attracting numerous attendees at booth #4015, demonstrating its innovative capabilities in exterior design.
- Brand Collaboration: The Manifest Collective brings together renowned brands such as Therma-Tru, Fiberon, Larson, Fypon, and Solar Innovations, creating a unified exhibition experience that highlights specialized knowledge and innovation for residential and light commercial projects.
- Product Advantages: Fiberon Novus features advanced image capture technology for a realistic wood appearance and is backed by a 50-year warranty, showcasing exceptional durability and slip resistance, meeting modern architects' demands for high-quality materials.
- Market Positioning: The exhibition not only showcases products like Fiberon Wildwood cladding and Therma-Tru's Veris Entryways but also emphasizes the company's strategic goals in enhancing living space value and sustainability, further solidifying its leadership in the home industry.
See More
Atlas FRM Increases Stake in Fortune Brands Innovations
- Increased Stake: Atlas FRM acquired 2,175,000 shares of Fortune Brands Innovations (FBIN) in Q1 2026, with an estimated transaction value of $113.12 million, indicating confidence in the company's future potential amidst market fluctuations.
- AUM Shift: This acquisition resulted in a 7.41% increase in Atlas FRM's 13F reportable assets under management (AUM), with a quarter-end position value of $84.76 million, reflecting strategic adjustments in response to market conditions.
- Financial Performance: Despite a 2% decline in Q1 sales to $1.01 billion and a 20% drop in adjusted EPS to $0.53, Fortune Brands' Water Innovations segment remained resilient, generating $564 million in revenue with nearly 19% operating margins.
- Management Outlook: Interim CEO David Barry acknowledged challenges such as
See More
Atlas FRM Acquires Fortune Brands Innovations Stake
- New Position Disclosure: On May 14, 2026, Atlas FRM disclosed a new position in Fortune Brands Innovations, acquiring 2.175 million shares in an estimated $113.12 million trade, indicating confidence in the company's future potential amidst current market challenges.
- Quarterly Performance Analysis: Fortune Brands reported a 2% decline in first-quarter sales to $1.01 billion and a 20% drop in adjusted EPS to $0.53, reflecting the impact of weak demand and inflationary pressures, although its Water Innovations segment remained relatively resilient with $564 million in revenue.
- Management Response Strategy: Interim CEO David Barry acknowledged challenges with
See More
Activist Investor Edward P. Garden Acquires Fortune Brands Shares
- Share Acquisition Details: Activist investor Edward P. Garden acquired 57,400 shares of Fortune Brands Innovations on May 20, 2026, at a weighted average price of $34.89 per share, totaling approximately $2 million, indicating his bullish outlook on the company's future.
- Ownership Structure Change: Following this transaction, Garden's common stock position is now held indirectly through GI SPV II L.P. and Green 73 LLC, maintaining investment exposure without direct holdings, reflecting his ongoing interest in corporate governance.
- Market Price Comparison: The purchase price was about 7.3% below the market price of $38.40 as of May 26, 2026, suggesting that Garden chose to increase his stake during a period of stock price decline, potentially betting on a future rebound for the company.
- Company Performance Context: Fortune Brands Innovations reported $4.44 billion in revenue for 2025, a 3% year-over-year decline, with a further 2% drop in Q1 2026, compounded by CEO turnover, leading to a 52-week low of $32.34 on May 19, which may have influenced Garden's decision to buy shares the following day.
See More
PEMCO Partners with Moen to Offer Smart Leak Detection Technology
- Smart Leak Detection: PEMCO partners with Moen, North America's leading faucet brand, to provide members with smart leak detection and automatic water shutoff technology, aimed at helping members identify issues before water damage occurs, thereby reducing insurance claims risk.
- Preferred Purchase Rate: PEMCO members can purchase the Flo Shutoff device at a preferred rate on Moen's website, and those who install the system may receive up to $1,000 annually toward covered plumbing repairs through eligible homeowner policies, further enhancing home protection capabilities.
- Significant Reduction in Claims: A third-party study indicates that homes with the Flo device installed experience 96% fewer water damage claim events, as the device learns water usage patterns to identify abnormalities, enabling residents to take action before issues escalate.
- Enhanced Customer Experience: Moen's VP Jeff Barnes states that this partnership combines smart water technology with PEMCO's commitment to customers, eliminating uncertainty in home maintenance and providing a safer living experience for modern homeowners.
See More
PEMCO Partners with Moen for Smart Leak Detection Technology
- Smart Leak Detection: PEMCO partners with Moen, North America's leading faucet brand, to provide smart water monitoring technology to PEMCO members, aiming to reduce water loss and insurance claims by detecting small leaks early.
- Preferred Purchase Benefits: PEMCO members can purchase the Flo Shutoff device at a preferred rate on Moen's website, and those who install it may receive up to $1,000 annually for covered plumbing repairs, enhancing home protection.
- Significant Claim Reduction: A third-party study indicates that homes equipped with the Flo device experience 96% fewer water damage claim events, demonstrating the technology's effectiveness in preventing minor leaks from escalating into major losses.
- Enhanced Customer Experience: The Moen Flo app provides real-time monitoring of water usage and alerts for abnormalities, enabling residents to respond to potential issues promptly, thereby improving home safety and maintenance convenience whether they are at home or away.
See More
Fortune Brands Innovations Showcases Fiberon Novus at AIA Conference 2026
- Exhibition Highlight: Fortune Brands Innovations showcases the industry-first Fiberon Novus composite decking at the 2026 AIA Conference, attracting numerous attendees at booth #4015, demonstrating its innovative capabilities in exterior design.
- Brand Collaboration: The Manifest Collective brings together renowned brands such as Therma-Tru, Fiberon, Larson, Fypon, and Solar Innovations, creating a unified exhibition experience that highlights specialized knowledge and innovation for residential and light commercial projects.
- Product Advantages: Fiberon Novus features advanced image capture technology for a realistic wood appearance and is backed by a 50-year warranty, showcasing exceptional durability and slip resistance, meeting modern architects' demands for high-quality materials.
- Market Positioning: The exhibition not only showcases products like Fiberon Wildwood cladding and Therma-Tru's Veris Entryways but also emphasizes the company's strategic goals in enhancing living space value and sustainability, further solidifying its leadership in the home industry.
See More
Atlas FRM Increases Stake in Fortune Brands Innovations
- Increased Stake: Atlas FRM acquired 2,175,000 shares of Fortune Brands Innovations (FBIN) in Q1 2026, with an estimated transaction value of $113.12 million, indicating confidence in the company's future potential amidst market fluctuations.
- AUM Shift: This acquisition resulted in a 7.41% increase in Atlas FRM's 13F reportable assets under management (AUM), with a quarter-end position value of $84.76 million, reflecting strategic adjustments in response to market conditions.
- Financial Performance: Despite a 2% decline in Q1 sales to $1.01 billion and a 20% drop in adjusted EPS to $0.53, Fortune Brands' Water Innovations segment remained resilient, generating $564 million in revenue with nearly 19% operating margins.
- Management Outlook: Interim CEO David Barry acknowledged challenges such as
See More
Atlas FRM Acquires Fortune Brands Innovations Stake
- New Position Disclosure: On May 14, 2026, Atlas FRM disclosed a new position in Fortune Brands Innovations, acquiring 2.175 million shares in an estimated $113.12 million trade, indicating confidence in the company's future potential amidst current market challenges.
- Quarterly Performance Analysis: Fortune Brands reported a 2% decline in first-quarter sales to $1.01 billion and a 20% drop in adjusted EPS to $0.53, reflecting the impact of weak demand and inflationary pressures, although its Water Innovations segment remained relatively resilient with $564 million in revenue.
- Management Response Strategy: Interim CEO David Barry acknowledged challenges with
See More
Activist Investor Edward P. Garden Acquires Fortune Brands Shares
- Share Acquisition Details: Activist investor Edward P. Garden acquired 57,400 shares of Fortune Brands Innovations on May 20, 2026, at a weighted average price of $34.89 per share, totaling approximately $2 million, indicating his bullish outlook on the company's future.
- Ownership Structure Change: Following this transaction, Garden's common stock position is now held indirectly through GI SPV II L.P. and Green 73 LLC, maintaining investment exposure without direct holdings, reflecting his ongoing interest in corporate governance.
- Market Price Comparison: The purchase price was about 7.3% below the market price of $38.40 as of May 26, 2026, suggesting that Garden chose to increase his stake during a period of stock price decline, potentially betting on a future rebound for the company.
- Company Performance Context: Fortune Brands Innovations reported $4.44 billion in revenue for 2025, a 3% year-over-year decline, with a further 2% drop in Q1 2026, compounded by CEO turnover, leading to a 52-week low of $32.34 on May 19, which may have influenced Garden's decision to buy shares the following day.
See More
