H. B. Fuller Company (NYSE:FUL) Receives $67.75 Average PT from Brokerages

Shares of H. B. Fuller Company (NYSE:FUL) have been assigned a consensus recommendation of “Hold” from the six analysts that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $67.75.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in FUL. DGS Capital Management LLC bought a new stake in shares of H. B. Fuller during the fourth quarter valued at approximately $204,000. Invesco Ltd. boosted its stake in H. B. Fuller by 1.4% during the 4th quarter. Invesco Ltd. now owns 152,960 shares of the specialty chemicals company’s stock valued at $9,095,000 after purchasing an additional 2,042 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in H. B. Fuller by 92.7% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 7,433 shares of the specialty chemicals company’s stock valued at $442,000 after purchasing an additional 3,575 shares during the last quarter. Voloridge Investment Management LLC increased its holdings in shares of H. B. Fuller by 11.8% in the 4th quarter. Voloridge Investment Management LLC now owns 198,585 shares of the specialty chemicals company’s stock worth $11,808,000 after purchasing an additional 21,024 shares in the last quarter. Finally, Numerai GP LLC purchased a new position in shares of H. B. Fuller in the fourth quarter worth $4,940,000. Institutional investors own 95.93% of the company’s stock.

H. B. Fuller Stock Down 1.0%

Shares of NYSE:FUL opened at $65.04 on Friday. The firm has a market capitalization of $3.53 billion, a P/E ratio of 21.68, a P/E/G 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. The stock has a 50 day moving average price of $62.74 and a 200-day moving average price of $60.47. H. B. Fuller has a 52-week low of $47.56 and a 52-week high of $68.63.

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

H. B. Fuller Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 19th. Investors of record on Thursday, February 5th were given a dividend of $0.235 per share. This represents a $0.94 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Thursday, February 5th. H. B. Fuller’s dividend 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.