H. B. Fuller (NYSE:FUL) Raised to Strong-Buy at Seaport Res Ptn

H. B. Fuller (NYSE:FUL) was upgraded by Seaport Res Ptn from a “hold” rating to a “strong-buy” rating in a note issued to investors on Friday,Zacks.com reports. Seaport Res Ptn also issued estimates for H. B. Fuller’s Q3 2027 earnings at $1.49 EPS and FY2027 earnings at $5.37 EPS.

Several other equities research analysts have also recently commented on FUL. JPMorgan Chase & Co. increased their price target on H. B. Fuller from $50.00 to $54.00 and gave the company an “underweight” rating in a report on Friday, June 27th. Citigroup lowered their price objective on H. B. Fuller from $70.00 to $62.00 and set a “neutral” rating for the company in a research report on Friday. Finally, Robert W. Baird boosted their price objective on H. B. Fuller from $60.00 to $75.00 and gave the company an “outperform” rating in a report on Friday, June 27th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, H. B. Fuller currently has an average rating of “Moderate Buy” and an average price target of $65.75.

H. B. Fuller Trading Up 2.1%

Shares of NYSE FUL opened at $58.15 on Friday. H. B. Fuller has a 1-year low of $47.56 and a 1-year high of $81.69. The business has a fifty day moving average price of $59.67 and a 200 day moving average price of $57.24. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.93 and a quick ratio of 1.15. The stock has a market capitalization of $3.14 billion, a P/E ratio of 27.82, a price-to-earnings-growth ratio of 0.97 and a beta of 1.14.

H. B. Fuller (NYSE:FUL) last issued its quarterly earnings data on Wednesday, September 24th. The specialty chemicals company reported $1.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.02. The business had revenue of $892.04 million during the quarter, compared to analysts’ expectations of $894.60 million. H. B. Fuller had a return on equity of 11.49% and a net margin of 3.28%.The company’s revenue for the quarter was down 2.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.13 EPS. H. B. Fuller has set its FY 2025 guidance at 4.100-4.250 EPS. Equities research analysts expect that H. B. Fuller will post 4.07 EPS for the current fiscal year.

Insider Buying and Selling at H. B. Fuller

In other H. B. Fuller news, VP Joao Magalhaes sold 1,099 shares of the business’s stock in a transaction on Friday, August 8th. The stock was sold at an average price of $56.31, for a total value of $61,884.69. Following the completion of the transaction, the vice president directly owned 3,285 shares in the company, valued at approximately $184,978.35. The trade was a 25.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Robert J. Martsching sold 9,546 shares of the company’s stock in a transaction on Thursday, July 10th. The stock was sold at an average price of $64.30, for a total value of $613,807.80. Following the sale, the vice president owned 14,980 shares of the company’s stock, valued at approximately $963,214. The trade was a 38.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 11,691 shares of company stock valued at $734,478 over the last quarter. 1.99% of the stock is currently owned by insiders.

Institutional Trading of H. B. Fuller

Several large investors have recently modified their holdings of FUL. California State Teachers Retirement System lifted its holdings in H. B. Fuller by 0.3% in the second quarter. California State Teachers Retirement System now owns 50,486 shares of the specialty chemicals company’s stock worth $3,037,000 after acquiring an additional 173 shares during the last quarter. Teacher Retirement System of Texas raised its holdings in shares of H. B. Fuller by 3.1% during the second quarter. Teacher Retirement System of Texas now owns 8,232 shares of the specialty chemicals company’s stock valued at $495,000 after buying an additional 246 shares during the last quarter. Cerity Partners LLC raised its holdings in shares of H. B. Fuller by 2.3% during the second quarter. Cerity Partners LLC now owns 11,499 shares of the specialty chemicals company’s stock valued at $692,000 after buying an additional 261 shares during the last quarter. Signaturefd LLC increased its stake in shares of H. B. Fuller by 20.5% during the second quarter. Signaturefd LLC now owns 1,743 shares of the specialty chemicals company’s stock valued at $105,000 after acquiring an additional 297 shares during the period. Finally, Corient Private Wealth LLC increased its stake in shares of H. B. Fuller by 1.3% during the second quarter. Corient Private Wealth LLC now owns 23,835 shares of the specialty chemicals company’s stock valued at $1,434,000 after acquiring an additional 303 shares during the period. 95.93% of the stock is currently owned by institutional investors and hedge funds.

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.