H. B. Fuller Company (NYSE:FUL) Receives $67.75 Average Target Price from Analysts

Shares of H. B. Fuller Company (NYSE:FUL) have received a consensus rating of “Hold” from the six ratings firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $67.75.

A number of equities analysts have commented on FUL shares. Wall Street Zen lowered shares of H. B. Fuller from a “buy” rating to a “hold” rating in a research report on Monday, November 24th. Citigroup lifted their target price on shares of H. B. Fuller from $70.00 to $76.00 and gave the company a “buy” rating in a research note on Friday, January 16th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of H. B. Fuller in a report on Friday, January 16th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of H. B. Fuller in a report on Monday, December 29th. Finally, UBS Group set a $66.00 price objective on H. B. Fuller in a research report on Friday, January 16th.

H. B. Fuller Price Performance

H. B. Fuller stock opened at $60.36 on Tuesday. The business has a 50 day simple moving average of $60.22 and a 200 day simple moving average of $59.55. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.70 and a quick ratio of 1.06. The company has a market capitalization of $3.28 billion, a PE ratio of 20.12, a price-to-earnings-growth ratio of 0.89 and a beta of 1.10. H. B. Fuller has a one year low of $47.56 and a one year high of $67.05.

H. B. Fuller (NYSE:FUL) last released its quarterly earnings data on Thursday, January 15th. The specialty chemicals company reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.04. H. B. Fuller had a return on equity of 12.21% and a net margin of 4.38%.The firm had revenue of $894.79 million during the quarter, compared to analyst estimates of $901.34 million. During the same period in the prior year, the company posted $0.92 earnings per share. The business’s revenue for the quarter was down 3.1% compared to the same quarter last year. On average, sell-side analysts forecast that H. B. Fuller will post 4.07 EPS for the current fiscal year.

H. B. Fuller Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 19th. Investors of record on Thursday, February 5th will be issued a $0.235 dividend. This represents a $0.94 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Thursday, February 5th. H. B. Fuller’s payout ratio is currently 31.33%.

Insider Transactions at H. B. Fuller

In other H. B. Fuller news, VP Nathan D. Weaver sold 7,075 shares of the firm’s stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $58.38, for a total value of $413,038.50. Following the completion of the sale, the vice president owned 9,441 shares in the company, valued at approximately $551,165.58. This trade represents a 42.84% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.99% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Strs Ohio bought a new stake in H. B. Fuller in the first quarter valued at about $101,000. Wealth Enhancement Advisory Services LLC grew its position in shares of H. B. Fuller by 13.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 11,324 shares of the specialty chemicals company’s stock worth $705,000 after buying an additional 1,386 shares during the period. GAMMA Investing LLC increased its stake in shares of H. B. Fuller by 119.0% in the 2nd quarter. GAMMA Investing LLC now owns 2,952 shares of the specialty chemicals company’s stock valued at $178,000 after acquiring an additional 1,604 shares during the last quarter. State of Alaska Department of Revenue increased its stake in shares of H. B. Fuller by 6.5% in the 2nd quarter. State of Alaska Department of Revenue now owns 32,270 shares of the specialty chemicals company’s stock valued at $1,940,000 after acquiring an additional 1,975 shares during the last quarter. Finally, Signaturefd LLC raised its position in shares of H. B. Fuller by 20.5% in the 2nd quarter. Signaturefd LLC now owns 1,743 shares of the specialty chemicals company’s stock valued at $105,000 after acquiring an additional 297 shares during the period. 95.93% of the stock is currently owned by institutional investors and hedge funds.

H. B. Fuller Company Profile

H. B. Fuller Company, founded in 1887 and headquartered in St. Paul, Minnesota, is a global adhesives and specialty chemical solutions provider serving a wide array of industries. The company develops, manufactures and markets adhesive technologies, sealants, polymers and related chemical products designed to enhance product performance, sustainability and manufacturing efficiency.

Fuller’s product portfolio spans multiple market segments, including packaging and converting, general industrial assembly, electronics, transportation, hygiene and construction.