H. B. Fuller (NYSE:FUL) Reaches New 52-Week High Following Better-Than-Expected Earnings

Shares of H. B. Fuller Company (NYSE:FUL) reached a new 52-week high during mid-day trading on Thursday after the company announced better than expected quarterly earnings. The stock traded as high as $67.05 and last traded at $64.8280, with a volume of 1079673 shares traded. The stock had previously closed at $66.30.

The specialty chemicals company reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.04. H. B. Fuller had a return on equity of 11.49% and a net margin of 3.28%.The business had revenue of $894.79 million during the quarter, compared to analysts’ expectations of $901.34 million. During the same quarter in the prior year, the business posted $0.92 earnings per share. The business’s quarterly revenue was down 3.1% on a year-over-year basis. H. B. Fuller has set its FY 2026 guidance at 4.350-4.700 EPS.

Wall Street Analyst Weigh In

FUL has been the topic of several analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of H. B. Fuller in a report on Monday, December 29th. Seaport Res Ptn upgraded shares of H. B. Fuller from a “hold” rating to a “strong-buy” rating in a research report on Friday, September 26th. Wall Street Zen downgraded shares of H. B. Fuller from a “buy” rating to a “hold” rating in a report on Monday, November 24th. UBS Group initiated coverage on H. B. Fuller in a report on Friday, November 21st. They set a “neutral” rating and a $60.00 price target on the stock. Finally, Citigroup upgraded H. B. Fuller from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $62.00 to $70.00 in a research report on Wednesday, October 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $66.20.

Insider Buying and Selling at H. B. Fuller

In other news, CFO John J. Corkrean sold 14,222 shares of H. B. Fuller stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $60.31, for a total value of $857,728.82. Following the sale, the chief financial officer directly owned 54,646 shares of the company’s stock, valued at approximately $3,295,700.26. The trade was a 20.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Nathan D. Weaver sold 7,075 shares of the stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $58.38, for a total value of $413,038.50. Following the transaction, the vice president directly owned 9,441 shares of the company’s stock, valued at approximately $551,165.58. The trade was a 42.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.99% of the stock is owned by insiders.

Institutional Trading of H. B. Fuller

Several hedge funds have recently modified their holdings of FUL. Wealth Enhancement Advisory Services LLC grew its holdings in shares of H. B. Fuller by 15.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 14,275 shares of the specialty chemicals company’s stock valued at $880,000 after purchasing an additional 1,948 shares in the last quarter. JPMorgan Chase & Co. lifted its position in H. B. Fuller by 15.7% during the third quarter. JPMorgan Chase & Co. now owns 708,422 shares of the specialty chemicals company’s stock valued at $41,995,000 after purchasing an additional 96,374 shares during the last quarter. Penn Capital Management Company LLC grew its stake in shares of H. B. Fuller by 15.0% in the 3rd quarter. Penn Capital Management Company LLC now owns 148,977 shares of the specialty chemicals company’s stock worth $8,856,000 after buying an additional 19,399 shares in the last quarter. CIBC Bancorp USA Inc. bought a new stake in shares of H. B. Fuller in the 3rd quarter worth about $346,000. Finally, Coldstream Capital Management Inc. raised its position in shares of H. B. Fuller by 101.8% during the 3rd quarter. Coldstream Capital Management Inc. now owns 12,623 shares of the specialty chemicals company’s stock valued at $748,000 after buying an additional 6,369 shares in the last quarter. 95.93% of the stock is owned by hedge funds and other institutional investors.

H. B. Fuller Price Performance

The company has a current ratio of 1.93, a quick ratio of 1.18 and a debt-to-equity ratio of 1.06. The firm’s 50-day moving average price is $59.53 and its 200-day moving average price is $59.69. The stock has a market capitalization of $3.51 billion, a PE ratio of 35.04, a PEG ratio of 1.07 and a beta of 1.10.

About H. B. Fuller

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.