H. B. Fuller Company (NYSE:FUL) Given Average Rating of "Hold" by Analysts

Key Points

• H. B. Fuller Company has received a consensus rating of "Hold" from analysts, with one sell, three hold, two buy, and one strong buy recommendation.
• Analysts have set an average 12-month price target of $67.25 for H. B. Fuller, with some recent adjustments from Robert W. Baird and JPMorgan Chase & Co.
• The company recently reported earnings with an EPS of $1.18, exceeding the consensus estimate and reflecting a 2.1% year-over-year revenue decline.

H. B. Fuller Company (NYSE:FUL - Get Free Report) has been given a consensus rating of "Hold" by the seven analysts that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $67.25.

Several research analysts recently commented on the stock. Robert W. Baird lifted their target price on shares of H. B. Fuller from $60.00 to $75.00 and gave the stock an "outperform" rating in a research note on Friday, June 27th. JPMorgan Chase & Co. lifted their target price on shares of H. B. Fuller from $50.00 to $54.00 and gave the stock an "underweight" rating in a research note on Friday, June 27th.

Insider Buying and Selling at H. B. Fuller

In related news, VP Joao Magalhaes sold 1,099 shares of H. B. Fuller stock in a transaction on Friday, August 8th. The shares were sold at an average price of $56.31, for a total value of $61,884.69. Following the sale, the vice president owned 3,285 shares in the company, valued at $184,978.35. The trade was a 25.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Robert J. Martsching sold 9,546 shares of H. B. Fuller stock in a transaction on Thursday, July 10th. The shares were sold at an average price of $64.30, for a total transaction of $613,807.80. Following the completion of the sale, the vice president owned 14,980 shares in the company, valued at approximately $963,214. This trade represents a 38.92% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 11,691 shares of company stock worth $734,478. 1.99% of the stock is currently owned by company insiders.

Institutional Trading of H. B. Fuller

Several large investors have recently added to or reduced their stakes in FUL. Parallel Advisors LLC boosted its holdings in H. B. Fuller by 141.6% in the second quarter. Parallel Advisors LLC now owns 534 shares of the specialty chemicals company's stock valued at $32,000 after acquiring an additional 313 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of H. B. Fuller by 129.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,218 shares of the specialty chemicals company's stock valued at $73,000 after buying an additional 688 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of H. B. Fuller by 44.4% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,307 shares of the specialty chemicals company's stock valued at $81,000 after buying an additional 402 shares in the last quarter. Strs Ohio bought a new stake in shares of H. B. Fuller during the 1st quarter valued at $101,000. Finally, Signaturefd LLC boosted its holdings in shares of H. B. Fuller by 20.5% during the 2nd quarter. Signaturefd LLC now owns 1,743 shares of the specialty chemicals company's stock valued at $105,000 after buying an additional 297 shares in the last quarter. Institutional investors own 95.93% of the company's stock.

H. B. Fuller Stock Down 1.7%

Shares of NYSE FUL opened at $59.63 on Wednesday. The company has a quick ratio of 1.15, a current ratio of 1.87 and a debt-to-equity ratio of 1.13. H. B. Fuller has a 52 week low of $47.56 and a 52 week high of $82.41. The firm's fifty day moving average is $59.81 and its 200 day moving average is $57.18. The company has a market cap of $3.22 billion, a price-to-earnings ratio of 32.23, a PEG ratio of 1.00 and a beta of 1.14.

H. B. Fuller (NYSE:FUL - Get Free Report) last issued its earnings results on Wednesday, June 25th. The specialty chemicals company reported $1.18 EPS for the quarter, topping the consensus estimate of $1.10 by $0.08. H. B. Fuller had a net margin of 2.92% and a return on equity of 11.50%. The company had revenue of $898.10 million for the quarter, compared to the consensus estimate of $894.87 million. During the same period in the previous year, the firm earned $1.12 earnings per share. The firm's revenue for the quarter was down 2.1% on a year-over-year basis. On average, equities research analysts expect that H. B. Fuller will post 4.07 earnings per share for the current year.

H. B. Fuller Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, August 14th. Investors of record on Thursday, July 31st were issued a $0.235 dividend. The ex-dividend date was Thursday, July 31st. This represents a $0.94 annualized dividend and a yield of 1.6%. H. B. Fuller's payout ratio is 50.81%.

About H. B. Fuller

H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, additives, and other specialty chemical products. It operates through three segments: Hygiene, Health and Consumable Adhesives; Engineering Adhesives; and Construction Adhesives.

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