H.B. Fuller (NYSE:FUL) Receives Consensus Recommendation of “Hold” from Analysts

H.B. Fuller (NYSE:FUL) has earned an average rating of “Hold” from the five ratings firms that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $75.60.

A number of equities analysts have recently weighed in on FUL shares. Deutsche Bank Aktiengesellschaft reduced their price target on shares of H.B. Fuller from $75.00 to $72.00 and set a “buy” rating on the stock in a research report on Wednesday. JPMorgan Chase & Co. reduced their price target on shares of H.B. Fuller from $70.00 to $60.00 and set an “underweight” rating on the stock in a research report on Friday, January 17th. Vertical Research lowered shares of H.B. Fuller from a “buy” rating to a “hold” rating in a report on Monday, January 6th. Finally, Citigroup lowered their price target on shares of H.B. Fuller from $78.00 to $68.00 and set a “neutral” rating on the stock in a research note on Friday, January 3rd.

H.B. Fuller Trading Up 0.9 %

Shares of NYSE FUL opened at $62.32 on Friday. The company’s 50 day simple moving average is $69.69 and its 200 day simple moving average is $76.40. H.B. Fuller has a fifty-two week low of $60.96 and a fifty-two week high of $87.67. The firm has a market capitalization of $3.40 billion, a P/E ratio of 26.98, a P/E/G ratio of 1.19 and a beta of 1.43. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.81 and a quick ratio of 1.16.

H.B. Fuller (NYSE:FUL) last announced its quarterly earnings data on Wednesday, January 15th. The specialty chemicals company reported $0.92 earnings per share for the quarter, missing the consensus estimate of $1.00 by ($0.08). H.B. Fuller had a net margin of 3.65% and a return on equity of 12.01%. The business had revenue of $923.00 million during the quarter, compared to analyst estimates of $916.84 million. During the same quarter in the prior year, the company earned $1.32 earnings per share. The company’s quarterly revenue was up 2.2% on a year-over-year basis. On average, analysts predict that H.B. Fuller will post 4.07 EPS for the current year.

H.B. Fuller Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Thursday, February 6th will be given a $0.2225 dividend. This represents a $0.89 dividend on an annualized basis and a dividend yield of 1.43%. H.B. Fuller’s dividend payout ratio (DPR) is presently 38.53%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Lord Abbett & CO. LLC boosted its holdings in shares of H.B. Fuller by 79.8% during the 3rd quarter. Lord Abbett & CO. LLC now owns 730,058 shares of the specialty chemicals company’s stock worth $57,952,000 after buying an additional 324,056 shares during the period. Marshall Wace LLP boosted its holdings in shares of H.B. Fuller by 9.9% during the 2nd quarter. Marshall Wace LLP now owns 290,005 shares of the specialty chemicals company’s stock worth $22,319,000 after buying an additional 26,239 shares during the period. Geode Capital Management LLC boosted its holdings in shares of H.B. Fuller by 1.5% during the 3rd quarter. Geode Capital Management LLC now owns 1,258,752 shares of the specialty chemicals company’s stock worth $99,939,000 after buying an additional 18,734 shares during the period. Wesbanco Bank Inc. boosted its holdings in shares of H.B. Fuller by 41.2% during the 4th quarter. Wesbanco Bank Inc. now owns 13,700 shares of the specialty chemicals company’s stock worth $924,000 after buying an additional 4,000 shares during the period. Finally, S&CO Inc. boosted its holdings in shares of H.B. Fuller by 0.3% during the 3rd quarter. S&CO Inc. now owns 267,192 shares of the specialty chemicals company’s stock worth $21,209,000 after buying an additional 920 shares during the period. Institutional investors own 95.93% of the company’s stock.

H.B. Fuller Company Profile

H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, additives, and other specialty chemical products. It operates through three segments: Hygiene, Health and Consumable Adhesives; Engineering Adhesives; and Construction Adhesives.