H.B. Fuller (NYSE:FUL) Upgraded at Baird R W

H.B. Fuller (NYSE:FUL - Get Free Report) was upgraded by equities research analysts at Baird R W from a "hold" rating to a "strong-buy" rating in a research note issued to investors on Thursday,Zacks.com reports.

A number of other equities research analysts have also recently weighed in on the company. Seaport Res Ptn cut H.B. Fuller from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 5th. Vertical Research cut shares of H.B. Fuller from a "buy" rating to a "hold" rating in a report on Monday, January 6th. Citigroup cut their target price on shares of H.B. Fuller from $78.00 to $68.00 and set a "neutral" rating on the stock in a research note on Friday, January 3rd. JPMorgan Chase & Co. dropped their price target on shares of H.B. Fuller from $60.00 to $50.00 and set an "underweight" rating for the company in a research note on Friday, March 28th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on H.B. Fuller from $75.00 to $72.00 and set a "buy" rating on the stock in a research note on Wednesday, January 22nd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $62.50.

H.B. Fuller Trading Down 0.8 %

Shares of NYSE FUL traded down $0.43 during trading on Thursday, hitting $54.43. 118,460 shares of the company were exchanged, compared to its average volume of 374,703. The company has a fifty day moving average price of $55.10 and a 200-day moving average price of $65.22. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.16 and a current ratio of 1.81. The firm has a market capitalization of $2.95 billion, a PE ratio of 23.56, a P/E/G ratio of 1.13 and a beta of 1.27. H.B. Fuller has a 12-month low of $47.56 and a 12-month high of $87.67.

H.B. Fuller (NYSE:FUL - Get Free Report) last announced its quarterly earnings results on Wednesday, March 26th. The specialty chemicals company reported $0.54 earnings per share for the quarter, beating analysts' consensus estimates of $0.49 by $0.05. H.B. Fuller had a net margin of 3.65% and a return on equity of 12.01%. The business had revenue of $788.66 million during the quarter, compared to analysts' expectations of $769.55 million. During the same period last year, the business earned $0.67 earnings per share. The business's revenue for the quarter was down 2.7% on a year-over-year basis. As a group, equities research analysts expect that H.B. Fuller will post 4.07 EPS for the current year.

Insider Transactions at H.B. Fuller

In other news, CEO Celeste Beeks Mastin acquired 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 completion of the acquisition, the chief executive officer now owns 3,500 shares in the company, valued at $198,310. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.99% of the company's stock.

Institutional Trading of H.B. Fuller

Large investors have recently made changes to their positions in the company. Jones Financial Companies Lllp boosted its holdings in shares of H.B. Fuller by 128.8% in the fourth 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 grew its position 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 purchasing an additional 1,104 shares during the last quarter. Quantbot Technologies LP purchased a new stake in shares of H.B. Fuller in the fourth quarter valued at about $266,000. New Age Alpha Advisors LLC purchased a new position in shares of H.B. Fuller during the fourth quarter worth about $465,000. Finally, KLP Kapitalforvaltning AS purchased a new stake in H.B. Fuller during the 4th quarter valued at approximately $783,000. 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.