H. B. Fuller Company (NYSE:FUL) Receives $67.25 Consensus Target Price from Brokerages

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 research firms that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $67.25.

Several analysts have issued reports on the stock. Robert W. Baird upped their price target on shares of H. B. Fuller from $60.00 to $75.00 and gave the company an "outperform" rating in a report on Friday, June 27th. JPMorgan Chase & Co. upped their price target on shares of H. B. Fuller from $50.00 to $54.00 and gave the company an "underweight" rating in a report on Friday, June 27th.

Insider Activity

In related news, VP Robert J. Martsching sold 9,546 shares of the firm's stock in a transaction that occurred 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 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Joao Magalhaes sold 1,099 shares of H. B. Fuller stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $56.31, for a total transaction of $61,884.69. Following the completion of the sale, the vice president directly owned 3,285 shares of the company's stock, valued at $184,978.35. The trade was a 25.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,691 shares of company stock worth $734,478 in the last ninety days. Insiders own 1.99% of the company's stock.

Hedge Funds Weigh In On H. B. Fuller

Several institutional investors and hedge funds have recently bought and sold shares of FUL. Parallel Advisors LLC boosted its stake in shares of 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 purchasing an additional 313 shares during the period. EverSource Wealth Advisors LLC increased its holdings 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 worth $73,000 after acquiring an additional 688 shares during the period. Smartleaf Asset Management LLC increased its holdings 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 worth $81,000 after acquiring an additional 402 shares during the period. Strs Ohio acquired a new stake in shares of H. B. Fuller in the 1st quarter worth about $101,000. Finally, Signaturefd LLC increased its holdings 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 worth $105,000 after acquiring an additional 297 shares during the period. Institutional investors and hedge funds own 95.93% of the company's stock.

H. B. Fuller Stock Down 2.0%

NYSE:FUL traded down $1.23 during midday trading on Friday, hitting $58.77. 120,013 shares of the company were exchanged, compared to its average volume of 464,426. The company has a current ratio of 1.87, a quick ratio of 1.15 and a debt-to-equity ratio of 1.13. The company has a market capitalization of $3.17 billion, a PE ratio of 31.75, a price-to-earnings-growth ratio of 1.00 and a beta of 1.14. H. B. Fuller has a fifty-two week low of $47.56 and a fifty-two week high of $84.12. The company has a fifty day simple moving average of $59.92 and a 200 day simple moving average of $56.77.

H. B. Fuller (NYSE:FUL - Get Free Report) last issued its quarterly earnings results on Wednesday, June 25th. The specialty chemicals company reported $1.18 earnings per share (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 business had revenue of $898.10 million for the quarter, compared to analyst estimates of $894.87 million. During the same period in the previous year, the business posted $1.12 earnings per share. The business's revenue was down 2.1% compared to the same quarter last year. H. B. Fuller has set its FY 2025 guidance at 4.100-4.30 EPS. As a group, equities analysts anticipate that H. B. Fuller will post 4.07 earnings per share for the current fiscal year.

H. B. Fuller Announces Dividend

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

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.