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

Key Points

• H. B. Fuller Company holds a consensus rating of "Hold" from analysts, with a target price average of $67.25.
• Recent insider sales included VP Robert J. Martsching offloading 9,546 shares for approximately $613,808, indicating a significant decrease in his ownership.
• The company reported $1.18 earnings per share, surpassing analyst expectations, and its quarterly dividend was recently declared at $0.235 per share.

Shares of H. B. Fuller Company (NYSE:FUL - Get Free Report) have been assigned an average recommendation of "Hold" from the seven analysts that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, three have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $67.25.

A number of analysts have commented on FUL shares. Robert W. Baird increased their price target 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. JPMorgan Chase & Co. increased their price target on shares of H. B. Fuller from $50.00 to $54.00 and gave the company an "underweight" rating in a research note on Friday, June 27th.

H. B. Fuller Stock Up 3.9%

Shares of FUL stock traded up $2.30 during trading hours on Friday, hitting $61.26. 575,967 shares of the company were exchanged, compared to its average volume of 283,072. The business has a 50 day moving average of $59.96 and a two-hundred day moving average of $56.79. The company has a current ratio of 1.87, a quick ratio of 1.15 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 $84.12. The company has a market capitalization of $3.31 billion, a PE ratio of 33.11, a PEG ratio of 0.97 and a beta of 1.14.

H. B. Fuller (NYSE:FUL - Get Free Report) last released its earnings results on Wednesday, June 25th. The specialty chemicals company reported $1.18 earnings per share for the quarter, beating analysts' consensus estimates of $1.10 by $0.08. The business had revenue of $898.10 million during the quarter, compared to the consensus estimate of $894.87 million. H. B. Fuller had a net margin of 2.92% and a return on equity of 11.50%. The firm's revenue for the quarter was down 2.1% compared to the same quarter last year. During the same quarter last year, the firm earned $1.12 earnings per share. H. B. Fuller has set its FY 2025 guidance at 4.100-4.30 EPS. Analysts anticipate that H. B. Fuller will post 4.07 earnings per share for the current fiscal year.

H. B. Fuller Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, August 14th. Stockholders of record on Thursday, July 31st were paid a dividend of $0.235 per share. This represents a $0.94 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Thursday, July 31st. H. B. Fuller's dividend payout ratio (DPR) is currently 50.81%.

Insider Transactions at H. B. Fuller

In other H. B. Fuller news, VP Joao Magalhaes sold 1,099 shares of H. B. Fuller stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $56.31, for a total value of $61,884.69. Following the completion of 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Robert J. Martsching sold 9,546 shares of H. B. Fuller stock in a transaction dated Thursday, July 10th. The stock was 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 of the company's stock, valued at $963,214. This trade represents a 38.92% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 11,691 shares of company stock valued at $734,478. 1.99% of the stock is currently owned by corporate insiders.

Institutional Trading of H. B. Fuller

Hedge funds and other institutional investors have recently bought and sold shares of the business. Parallel Advisors LLC raised its stake in H. B. Fuller by 141.6% in the 2nd quarter. Parallel Advisors LLC now owns 534 shares of the specialty chemicals company's stock worth $32,000 after purchasing an additional 313 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in shares of H. B. Fuller by 129.8% in 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 raised its position in shares of H. B. Fuller by 44.4% in 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. Signaturefd LLC raised its position in shares of H. B. Fuller by 20.5% in 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. Finally, Strs Ohio acquired a new position in shares of H. B. Fuller in the 1st quarter valued at approximately $101,000. Institutional investors and hedge funds own 95.93% of the company's stock.

H. B. Fuller Company Profile

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.