Robert W. Baird Increases H. B. Fuller (NYSE:FUL) Price Target to $75.00

H. B. Fuller (NYSE:FUL - Get Free Report) had its price target increased by equities researchers at Robert W. Baird from $60.00 to $75.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has an "outperform" rating on the specialty chemicals company's stock. Robert W. Baird's price target points to a potential upside of 24.61% from the stock's current price.

Several other analysts have also issued reports on the company. JPMorgan Chase & Co. upped their target price on H. B. Fuller from $50.00 to $54.00 and gave the stock an "underweight" rating in a report on Friday. Baird R W upgraded shares of H. B. Fuller from a "hold" rating to a "strong-buy" rating in a research report on Thursday, April 17th. Finally, Seaport Res Ptn lowered shares of H. B. Fuller from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 5th. One analyst has rated the stock with a sell rating, four have issued a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $67.25.

H. B. Fuller Stock Down 2.5%

Shares of H. B. Fuller stock traded down $1.54 during midday trading on Friday, hitting $60.19. The company's stock had a trading volume of 699,891 shares, compared to its average volume of 491,067. The firm has a market capitalization of $3.25 billion, a P/E ratio of 32.54, a PEG ratio of 0.93 and a beta of 1.12. 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 50-day simple moving average of $55.47 and a 200-day simple moving average of $58.17. H. B. Fuller has a 1-year low of $47.56 and a 1-year high of $87.67.

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

Insider Transactions at H. B. Fuller

In related news, CEO Celeste Beeks Mastin bought 3,500 shares of the company's stock in a transaction on Tuesday, April 1st. The shares were bought at an average price of $56.66 per share, with a total value of $198,310.00. Following the transaction, the chief executive officer owned 3,500 shares in the company, valued at approximately $198,310. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.99% of the company's stock.

Institutional Trading of H. B. Fuller

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Jones Financial Companies Lllp grew its stake in H. B. Fuller by 128.8% in 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 during the period. Sterling Capital Management LLC increased its stake in shares of H. B. Fuller by 731.1% in 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. Strs Ohio purchased a new stake in shares of H. B. Fuller in the first quarter valued at about $101,000. Quantbot Technologies LP purchased a new stake in shares of H. B. Fuller in the 4th quarter valued at approximately $266,000. Finally, Neuberger Berman Group LLC lifted its stake in shares of H. B. Fuller by 25.4% in the 1st quarter. Neuberger Berman Group LLC now owns 6,538 shares of the specialty chemicals company's stock valued at $367,000 after purchasing an additional 1,323 shares during the last quarter. 95.93% of the stock is owned by institutional investors and hedge funds.

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.