H.B. Fuller (NYSE:FUL) Receives Consensus Rating of "Hold" from Brokerages

Shares of H.B. Fuller (NYSE:FUL - Get Free Report) have earned an average recommendation of "Hold" from the five research firms that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $75.60.

FUL has been the topic of a number of analyst reports. JPMorgan Chase & Co. dropped their price target on H.B. Fuller from $70.00 to $60.00 and set an "underweight" rating on the stock in a research report on Friday, January 17th. Deutsche Bank Aktiengesellschaft dropped their price target on H.B. Fuller from $75.00 to $72.00 and set a "buy" rating on the stock in a research report on Wednesday, January 22nd. Vertical Research cut H.B. Fuller from a "buy" rating to a "hold" rating in a research report on Monday, January 6th. Finally, Citigroup dropped their price target on H.B. Fuller from $78.00 to $68.00 and set a "neutral" rating on the stock in a research report on Friday, January 3rd.

H.B. Fuller Stock Up 0.3 %

H.B. Fuller stock traded up $0.17 during trading hours on Tuesday, hitting $60.67. 517,555 shares of the stock traded hands, compared to its average volume of 468,992. The firm's 50-day moving average price is $65.14 and its two-hundred day moving average price is $74.08. The company has a current ratio of 1.81, a quick ratio of 1.16 and a debt-to-equity ratio of 1.10. The company has a market cap of $3.32 billion, a PE ratio of 26.27, a PEG ratio of 1.17 and a beta of 1.42. H.B. Fuller has a one year low of $59.10 and a one year high of $87.67.

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H.B. Fuller (NYSE:FUL - Get Free Report) last posted its quarterly earnings data on Wednesday, January 15th. The specialty chemicals company reported $0.92 earnings per share for the quarter, missing the consensus estimate of $1.00 by ($0.08). The firm had revenue of $923.00 million for the quarter, compared to the consensus estimate of $916.84 million. H.B. Fuller had a net margin of 3.65% and a return on equity of 12.01%. The business's revenue was up 2.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.32 earnings per share. On average, research analysts forecast that H.B. Fuller will post 4.07 EPS for the current year.

H.B. Fuller Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Thursday, February 6th will be paid a dividend of $0.2225 per share. The ex-dividend date of this dividend is Thursday, February 6th. This represents a $0.89 dividend on an annualized basis and a yield of 1.47%. H.B. Fuller's dividend payout ratio is presently 38.53%.

Institutional Investors Weigh In On H.B. Fuller

Hedge funds and other institutional investors have recently modified their holdings of the stock. Jones Financial Companies Lllp increased its stake in shares of 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 worth $61,000 after purchasing an additional 506 shares in the last quarter. 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 purchasing an additional 1,104 shares in the last quarter. Quantbot Technologies LP purchased a new stake in shares of H.B. Fuller in the 4th quarter worth $266,000. New Age Alpha Advisors LLC purchased a new stake in shares of H.B. Fuller in the 4th quarter worth $465,000. Finally, KLP Kapitalforvaltning AS purchased a new stake in shares of H.B. Fuller in the 4th quarter worth $783,000. 95.93% of the stock is currently owned by hedge funds and other institutional investors.

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.