Brokerages Set H. B. Fuller Company (NYSE:FUL) Target Price at $67.25

H. B. Fuller Company (NYSE:FUL - Get Free Report) has earned a consensus rating of "Hold" from the seven brokerages that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation, two have issued a buy recommendation and one has given a strong 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 $67.25.

A number of equities research analysts have commented on the stock. JPMorgan Chase & Co. increased their price objective on shares of H. B. Fuller from $50.00 to $54.00 and gave the stock an "underweight" rating in a report on Friday, June 27th. Robert W. Baird raised their target price on shares of H. B. Fuller from $60.00 to $75.00 and gave the company an "outperform" rating in a research note on Friday, June 27th. Finally, Baird R W raised shares of H. B. Fuller from a "hold" rating to a "strong-buy" rating in a research note on Thursday, April 17th.

Insider Activity

In other news, VP Robert J. Martsching sold 9,546 shares of the firm's stock in a transaction dated Thursday, July 10th. The shares were sold at an average price of $64.30, for a total value of $613,807.80. Following the transaction, the vice president owned 14,980 shares of the company's stock, valued at approximately $963,214. This trade represents a 38.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 1.99% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Parallel Advisors LLC boosted its stake in H. B. Fuller by 141.6% during the 2nd quarter. Parallel Advisors LLC now owns 534 shares of the specialty chemicals company's stock worth $32,000 after acquiring an additional 313 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in H. B. Fuller by 128.8% during the 4th quarter. Jones Financial Companies Lllp now owns 899 shares of the specialty chemicals company's stock worth $61,000 after acquiring an additional 506 shares during the last quarter. Sterling Capital Management LLC boosted its stake in H. B. Fuller by 731.1% during the 4th quarter. Sterling Capital Management LLC now owns 1,255 shares of the specialty chemicals company's stock worth $85,000 after acquiring an additional 1,104 shares during the last quarter. Neuberger Berman Group LLC boosted its stake in H. B. Fuller by 25.4% during the 1st quarter. Neuberger Berman Group LLC now owns 6,538 shares of the specialty chemicals company's stock worth $367,000 after acquiring an additional 1,323 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in H. B. Fuller by 13.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 11,324 shares of the specialty chemicals company's stock worth $705,000 after acquiring an additional 1,386 shares during the last quarter. Institutional investors own 95.93% of the company's stock.

H. B. Fuller Price Performance

NYSE:FUL traded down $0.98 during mid-day trading on Friday, reaching $62.25. 397,601 shares of the company were exchanged, compared to its average volume of 395,306. H. B. Fuller has a 12 month low of $47.56 and a 12 month high of $87.67. The company has a fifty day moving average of $57.09 and a 200 day moving average of $57.65. The company has a quick ratio of 1.15, a current ratio of 1.87 and a debt-to-equity ratio of 1.13. The stock has a market cap of $3.36 billion, a PE ratio of 33.65, a PEG ratio of 1.04 and a beta of 1.12.

H. B. Fuller (NYSE:FUL - Get Free Report) last issued its quarterly earnings data on Wednesday, June 25th. The specialty chemicals company reported $1.18 EPS for the quarter, topping analysts' consensus estimates 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 firm had revenue of $898.10 million for the quarter, compared to analyst estimates of $894.87 million. During the same quarter in the prior year, the firm earned $1.12 EPS. The company's revenue was down 2.1% on a year-over-year basis. On average, research analysts anticipate that H. B. Fuller will post 4.07 EPS for the current fiscal year.

H. B. Fuller Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Tuesday, April 29th were paid a $0.235 dividend. This represents a $0.94 annualized dividend and a dividend yield of 1.51%. The ex-dividend date of this dividend was Tuesday, April 29th. This is a positive change from H. B. Fuller's previous quarterly dividend of $0.22. H. B. Fuller's dividend payout ratio (DPR) 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.