H.B. Fuller (NYSE:FUL – Get Rating) updated its FY 2022 earnings guidance on Wednesday. The company provided EPS guidance of $4.100-$4.350 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.160. The company issued revenue guidance of -.
FUL has been the topic of a number of analyst reports. Seaport Res Ptn restated a buy rating on shares of H.B. Fuller in a research note on Thursday, January 20th. Citigroup dropped their price objective on H.B. Fuller from $80.00 to $75.00 and set a neutral rating for the company in a research note on Friday, March 25th. StockNews.com began coverage on shares of H.B. Fuller in a research note on Thursday, March 31st. They issued a hold rating on the stock. Zacks Investment Research lowered shares of H.B. Fuller from a buy rating to a hold rating in a research report on Friday, March 25th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on H.B. Fuller from $80.00 to $72.00 and set a hold rating for the company in a research report on Monday, March 28th. Seven investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of Hold and an average target price of $74.83.
H.B. Fuller stock opened at $66.53 on Wednesday. The stock has a fifty day moving average price of $67.85 and a 200 day moving average price of $71.76. The company has a current ratio of 1.87, a quick ratio of 1.11 and a debt-to-equity ratio of 1.15. H.B. Fuller has a 52 week low of $59.17 and a 52 week high of $81.73. The firm has a market capitalization of $3.53 billion, a P/E ratio of 19.86 and a beta of 1.74.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 5th. Stockholders of record on Thursday, April 21st will be issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.14%. This is an increase from H.B. Fuller’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Wednesday, April 20th. H.B. Fuller’s dividend payout ratio (DPR) is 20.00%.
In other news, VP Timothy J. Keenan sold 1,433 shares of the firm’s stock in a transaction that occurred on Friday, April 8th. The shares were sold at an average price of $68.25, for a total transaction of $97,802.25. Following the completion of the sale, the vice president now owns 22,871 shares of the company’s stock, valued at $1,560,945.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Traci L. Jensen sold 23,099 shares of the business’s stock in a transaction dated Monday, January 31st. The shares were sold at an average price of $71.13, for a total value of $1,643,031.87. The disclosure for this sale can be found here. Insiders own 4.69% of the company’s stock.
Large investors have recently added to or reduced their stakes in the stock. Parametric Portfolio Associates LLC raised its stake in H.B. Fuller by 4.6% during the 4th quarter. Parametric Portfolio Associates LLC now owns 192,535 shares of the specialty chemicals company’s stock valued at $15,595,000 after purchasing an additional 8,426 shares during the period. California State Teachers Retirement System lifted its holdings in H.B. Fuller by 2.9% in the 4th quarter. California State Teachers Retirement System now owns 72,925 shares of the specialty chemicals company’s stock worth $5,907,000 after purchasing an additional 2,025 shares during the last quarter. Credit Suisse AG boosted its holdings in H.B. Fuller by 2.6% during the fourth quarter. Credit Suisse AG now owns 47,819 shares of the specialty chemicals company’s stock valued at $3,873,000 after acquiring an additional 1,228 shares during the period. Finally, Public Employees Retirement System of Ohio grew its stake in shares of H.B. Fuller by 15.2% in the fourth quarter. Public Employees Retirement System of Ohio now owns 44,080 shares of the specialty chemicals company’s stock worth $3,570,000 after acquiring an additional 5,817 shares during the last quarter. 94.09% of the stock is currently owned by hedge funds and other institutional investors.
H.B. Fuller Company Profile (Get Rating)
H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, additives, and other specialty chemical products worldwide. The company operates through three segments: Hygiene, Health and Consumable Adhesives; Engineering Adhesives; and Construction Adhesives.
- Get a free copy of the StockNews.com research report on H.B. Fuller (FUL)
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