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

H. B. Fuller Company (NYSE:FUL) has received an average recommendation of “Hold” from the six analysts that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $67.75.

A number of equities research analysts have recently weighed in on FUL shares. Citigroup lifted their price target on H. B. Fuller from $70.00 to $76.00 and gave the company a “buy” rating in a report on Friday, January 16th. Wall Street Zen upgraded H. B. Fuller from a “hold” rating to a “buy” rating in a research report on Saturday, February 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of H. B. Fuller in a research note on Friday, January 16th. Weiss Ratings reissued a “hold (c)” rating on shares of H. B. Fuller in a research note on Monday, December 29th. Finally, UBS Group set a $66.00 price target on H. B. Fuller in a report on Friday, January 16th.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Salomon & Ludwin LLC acquired a new stake in H. B. Fuller in the third quarter worth approximately $28,000. Allworth Financial LP raised its stake in shares of H. B. Fuller by 50.1% in the 4th quarter. Allworth Financial LP now owns 578 shares of the specialty chemicals company’s stock worth $34,000 after buying an additional 193 shares in the last quarter. Covestor Ltd lifted its holdings in shares of H. B. Fuller by 22,833.3% in the third quarter. Covestor Ltd now owns 688 shares of the specialty chemicals company’s stock valued at $41,000 after buying an additional 685 shares during the period. Hantz Financial Services Inc. boosted its stake in H. B. Fuller by 432.9% during the fourth quarter. Hantz Financial Services Inc. now owns 778 shares of the specialty chemicals company’s stock valued at $46,000 after buying an additional 632 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd bought a new position in H. B. Fuller during the fourth quarter valued at about $46,000. Institutional investors and hedge funds own 95.93% of the company’s stock.

H. B. Fuller Stock Performance

Shares of FUL opened at $65.93 on Friday. The firm has a fifty day moving average of $62.45 and a 200-day moving average of $60.25. The company has a market cap of $3.58 billion, a price-to-earnings ratio of 21.98, a price-to-earnings-growth ratio of 0.98 and a beta of 1.10. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.06 and a current ratio of 1.70. H. B. Fuller has a 1 year low of $47.56 and a 1 year high of $68.63.

H. B. Fuller (NYSE:FUL) last issued its quarterly earnings data on Thursday, January 15th. The specialty chemicals company reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.04. The firm had revenue of $894.79 million for the quarter, compared to the consensus estimate of $901.34 million. H. B. Fuller had a net margin of 4.38% and a return on equity of 12.21%. H. B. Fuller’s quarterly revenue was down 3.1% compared to the same quarter last year. During the same period last year, the firm posted $0.92 EPS. As a group, equities analysts anticipate that H. B. Fuller will post 4.07 earnings per share for the current year.

H. B. Fuller Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 19th. Shareholders of record on Thursday, February 5th were given a dividend of $0.235 per share. This represents a $0.94 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Thursday, February 5th. H. B. Fuller’s payout ratio is 31.33%.

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.