H. B. Fuller Company (NYSE:FUL) – Investment analysts at Gabelli reduced their FY2017 earnings per share estimates for H. B. Fuller Company in a report released on Monday. Gabelli analyst R. Morbelli now expects that the specialty chemicals company will earn $2.60 per share for the year, down from their previous estimate of $2.67.

Several other equities analysts have also commented on FUL. Zacks Investment Research upgraded shares of H. B. Fuller Company from a “sell” rating to a “buy” rating and set a $57.00 price objective on the stock in a report on Monday, March 27th. Citigroup Inc. increased their target price on shares of H. B. Fuller Company from $55.00 to $59.00 and gave the stock a “buy” rating in a report on Tuesday, April 4th. Finally, BidaskClub upgraded shares of H. B. Fuller Company from a “hold” rating to a “buy” rating in a report on Saturday, June 10th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. H. B. Fuller Company presently has an average rating of “Hold” and an average price target of $52.40.

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H. B. Fuller Company (NYSE FUL) traded down 1.44% during midday trading on Wednesday, reaching $50.65. The company had a trading volume of 19,166 shares. The stock has a market capitalization of $2.56 billion, a price-to-earnings ratio of 23.15 and a beta of 1.68. H. B. Fuller Company has a one year low of $41.52 and a one year high of $54.32. The company has a 50-day moving average price of $51.67 and a 200-day moving average price of $50.57.

H. B. Fuller Company (NYSE:FUL) last released its earnings results on Wednesday, June 28th. The specialty chemicals company reported $0.62 EPS for the quarter, missing the consensus estimate of $0.67 by $0.05. H. B. Fuller Company had a return on equity of 13.32% and a net margin of 5.23%. The business had revenue of $561.65 million for the quarter. During the same period in the prior year, the company earned $0.67 earnings per share.

In related news, VP David W. Moorman sold 1,683 shares of the stock in a transaction on Monday, May 1st. The shares were sold at an average price of $52.76, for a total value of $88,795.08. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 3.10% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. BlackRock Inc. increased its position in shares of H. B. Fuller Company by 10,635.2% in the first quarter. BlackRock Inc. now owns 6,217,806 shares of the specialty chemicals company’s stock valued at $320,590,000 after buying an additional 6,159,886 shares during the last quarter. Vanguard Group Inc. increased its position in shares of H. B. Fuller Company by 7.5% in the first quarter. Vanguard Group Inc. now owns 5,055,505 shares of the specialty chemicals company’s stock valued at $260,662,000 after buying an additional 351,478 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of H. B. Fuller Company by 4.2% in the first quarter. Dimensional Fund Advisors LP now owns 2,004,463 shares of the specialty chemicals company’s stock valued at $103,353,000 after buying an additional 80,277 shares during the last quarter. Champlain Investment Partners LLC increased its position in shares of H. B. Fuller Company by 53.9% in the first quarter. Champlain Investment Partners LLC now owns 1,664,330 shares of the specialty chemicals company’s stock valued at $85,813,000 after buying an additional 582,945 shares during the last quarter. Finally, Janus Capital Management LLC increased its position in shares of H. B. Fuller Company by 425.6% in the first quarter. Janus Capital Management LLC now owns 1,545,716 shares of the specialty chemicals company’s stock valued at $79,697,000 after buying an additional 1,251,620 shares during the last quarter. 93.50% of the stock is currently owned by hedge funds and other institutional investors.

H. B. Fuller Company Company Profile

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.

Earnings History and Estimates for H. B. Fuller Company (NYSE:FUL)

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