Shares of H. B. Fuller Company (NYSE:FUL) have been assigned a consensus rating of “Hold” from the eight analysts that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, six have given a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $56.50.

Several equities research analysts have commented on FUL shares. Deutsche Bank AG upped their target price on shares of H. B. Fuller from $56.00 to $58.00 and gave the company a “hold” rating in a research note on Wednesday, September 6th. Zacks Investment Research downgraded shares of H. B. Fuller from a “hold” rating to a “sell” rating in a research note on Thursday, September 21st. Robert W. Baird started coverage on shares of H. B. Fuller in a research note on Thursday, September 14th. They issued a “neutral” rating and a $60.00 target price for the company. BidaskClub downgraded shares of H. B. Fuller from a “buy” rating to a “hold” rating in a research note on Thursday, June 22nd. Finally, KeyCorp reaffirmed a “hold” rating on shares of H. B. Fuller in a research note on Thursday, August 24th.

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In related news, VP Traci L. Jensen sold 5,397 shares of the stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $58.40, for a total transaction of $315,184.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.10% of the stock is owned by corporate insiders.

Hedge funds have recently made changes to their positions in the business. Riverhead Capital Management LLC lifted its stake in H. B. Fuller by 42.6% in the second quarter. Riverhead Capital Management LLC now owns 1,996 shares of the specialty chemicals company’s stock valued at $102,000 after acquiring an additional 596 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in H. B. Fuller by 11.3% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,154 shares of the specialty chemicals company’s stock valued at $110,000 after acquiring an additional 218 shares during the last quarter. Point72 Asia Hong Kong Ltd acquired a new stake in H. B. Fuller in the first quarter valued at $117,000. Public Employees Retirement System of Ohio lifted its stake in H. B. Fuller by 5.4% in the second quarter. Public Employees Retirement System of Ohio now owns 3,339 shares of the specialty chemicals company’s stock valued at $171,000 after acquiring an additional 172 shares during the last quarter. Finally, Suntrust Banks Inc. acquired a new stake in H. B. Fuller in the second quarter valued at $202,000. Hedge funds and other institutional investors own 92.74% of the company’s stock.

H. B. Fuller (NYSE:FUL) opened at 56.99 on Friday. H. B. Fuller has a 52-week low of $41.52 and a 52-week high of $58.74. The firm has a market cap of $2.87 billion, a price-to-earnings ratio of 27.95 and a beta of 1.72. The firm has a 50-day moving average of $55.24 and a 200 day moving average of $52.34.

H. B. Fuller (NYSE:FUL) last issued its earnings results on Wednesday, September 27th. The specialty chemicals company reported $0.65 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.67 by ($0.02). H. B. Fuller had a net margin of 4.76% and a return on equity of 13.08%. The firm had revenue of $562.87 million during the quarter, compared to the consensus estimate of $553.66 million. On average, equities research analysts forecast that H. B. Fuller will post $2.60 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 2nd. Stockholders of record on Thursday, October 19th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.05%. The ex-dividend date is Wednesday, October 18th. H. B. Fuller’s dividend payout ratio is 29.41%.

About H. B. Fuller

H.B. Fuller Company is a formulator, manufacturer and marketer of adhesives, sealants and other specialty chemical products. The Company’s segments include Americas Adhesives, Europe, India, Middle East and Africa (EIMEA), Asia Pacific, Construction Products and Engineering Adhesives. The Americas Adhesives, EIMEA and Asia Pacific operating segments produce and supply industrial adhesives products for applications in various markets, including durable assembly, nonwoven and hygiene, and textile.

Analyst Recommendations for H. B. Fuller (NYSE:FUL)

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