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

Shares of H. B. Fuller Company (NYSE:FUL) have been given a consensus recommendation of “Hold” by the six research firms that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have assigned 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 $65.50.

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of H. B. Fuller in a report on Monday, December 29th. Wall Street Zen lowered shares of H. B. Fuller from a “buy” rating to a “hold” rating in a research report on Saturday. UBS Group set a $66.00 price objective on shares of H. B. Fuller in a research note on Friday, January 16th. Citigroup cut their price objective on shares of H. B. Fuller from $76.00 to $67.00 and set a “buy” rating for the company in a report on Thursday. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of H. B. Fuller in a research note on Friday, January 16th.

Institutional Trading of H. B. Fuller

Large investors have recently added to or reduced their stakes in the stock. Bayban acquired a new stake in shares of H. B. Fuller in the 4th quarter worth $156,000. Caitong International Asset Management Co. Ltd boosted its position in shares of H. B. Fuller by 510.8% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,466 shares of the specialty chemicals company’s stock valued at $87,000 after acquiring an additional 1,226 shares during the last quarter. DGS Capital Management LLC acquired a new position in shares of H. B. Fuller during the 4th quarter valued at about $204,000. Invesco Ltd. grew its holdings in shares of H. B. Fuller by 1.4% in the fourth 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 period. Finally, Mercer Global Advisors Inc. ADV increased its position in H. B. Fuller by 92.7% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 7,433 shares of the specialty chemicals company’s stock worth $442,000 after purchasing an additional 3,575 shares during the last quarter. 95.93% of the stock is currently owned by hedge funds and other institutional investors.

H. B. Fuller Stock Performance

Shares of NYSE:FUL opened at $49.17 on Wednesday. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.70 and a quick ratio of 1.06. H. B. Fuller has a 1 year low of $47.56 and a 1 year high of $68.63. The firm has a market capitalization of $2.68 billion, a PE ratio of 16.39, a P/E/G ratio of 0.74 and a beta of 1.07. The business’s 50 day moving average price is $61.90 and its 200-day moving average price is $60.27.

H. B. Fuller (NYSE:FUL) last posted its quarterly earnings data on Thursday, January 15th. The specialty chemicals company reported $1.28 EPS for the quarter, beating the consensus estimate of $1.24 by $0.04. The firm had revenue of $894.79 million during the quarter, compared to the consensus estimate 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 was down 3.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.92 EPS. As a group, equities research analysts expect that H. B. Fuller will post 4.07 earnings per share for the current fiscal year.

H. B. Fuller Announces Dividend

The business 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. The ex-dividend date was Thursday, February 5th. This represents a $0.94 dividend on an annualized basis and a yield of 1.9%. H. B. Fuller’s dividend payout ratio (DPR) is presently 31.33%.

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.