H. B. Fuller Company (NYSE:FUL) Receives $62.50 Consensus PT from Analysts

H. B. Fuller Company (NYSE:FUL - Get Free Report) has received a consensus rating of "Hold" from the seven analysts that are covering the stock, MarketBeat.com 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 1-year price target among analysts that have updated their coverage on the stock in the last year is $62.50.

A number of equities analysts have commented on the stock. Seaport Res Ptn downgraded shares of H. B. Fuller from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 5th. JPMorgan Chase & Co. dropped their price objective on shares of H. B. Fuller from $60.00 to $50.00 and set an "underweight" rating on the stock in a research note on Friday, March 28th. Baird R W upgraded shares of H. B. Fuller from a "hold" rating to a "strong-buy" rating in a report on Thursday, April 17th. Finally, Robert W. Baird upgraded H. B. Fuller from a "neutral" rating to an "outperform" rating and set a $60.00 price objective for the company in a report on Thursday, April 17th.

Insider Transactions at H. B. Fuller

In related news, CEO Celeste Beeks Mastin acquired 3,500 shares of the business's stock in a transaction dated Tuesday, April 1st. The shares were acquired at an average price of $56.66 per share, with a total value of $198,310.00. Following the completion of the transaction, the chief executive officer now owns 3,500 shares of the company's stock, valued at $198,310. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 1.99% of the company's stock.

Hedge Funds Weigh In On H. B. Fuller

Several large investors have recently bought and sold shares of FUL. Amundi raised its stake in H. B. Fuller by 191.9% during the 4th quarter. Amundi now owns 28,553 shares of the specialty chemicals company's stock valued at $1,804,000 after acquiring an additional 18,771 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of H. B. Fuller by 17.2% during the 4th quarter. Bank of New York Mellon Corp now owns 554,947 shares of the specialty chemicals company's stock valued at $37,448,000 after acquiring an additional 81,558 shares during the period. Kennedy Capital Management LLC boosted its position in H. B. Fuller by 13.4% during the fourth quarter. Kennedy Capital Management LLC now owns 127,896 shares of the specialty chemicals company's stock worth $8,630,000 after purchasing an additional 15,100 shares in the last quarter. New Age Alpha Advisors LLC purchased a new stake in shares of H. B. Fuller in the 4th quarter worth about $465,000. Finally, Jones Financial Companies Lllp increased its holdings 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 valued at $61,000 after acquiring an additional 506 shares in the last quarter. Institutional investors and hedge funds own 95.93% of the company's stock.

H. B. Fuller Stock Performance

H. B. Fuller stock traded up $0.34 during mid-day trading on Monday, reaching $54.02. 314,107 shares of the stock traded hands, compared to its average volume of 385,785. The business's 50-day moving average is $54.95 and its 200-day moving average is $59.13. H. B. Fuller has a 12-month low of $47.56 and a 12-month high of $87.67. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.97 and a quick ratio of 1.21. The stock has a market capitalization of $2.93 billion, a PE ratio of 27.01, a price-to-earnings-growth ratio of 0.83 and a beta of 1.12.

H. B. Fuller (NYSE:FUL - Get Free Report) last announced its quarterly earnings data on Wednesday, March 26th. The specialty chemicals company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.49 by $0.05. H. B. Fuller had a net margin of 3.17% and a return on equity of 11.57%. The firm had revenue of $788.66 million for the quarter, compared to the consensus estimate of $769.55 million. During the same period last year, the firm earned $0.67 EPS. The company's revenue was down 2.7% on a year-over-year basis. As a group, sell-side analysts predict that H. B. Fuller will post 4.07 EPS for the current fiscal year.

H. B. Fuller Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Tuesday, April 29th were given a dividend of $0.235 per share. This is a boost from H. B. Fuller's previous quarterly dividend of $0.22. This represents a $0.94 annualized dividend and a yield of 1.74%. The ex-dividend date was Tuesday, April 29th. H. B. Fuller's dividend payout ratio (DPR) is presently 47.00%.

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.