H. B. Fuller (NYSE:FUL) Upgraded at Wall Street Zen

H. B. Fuller (NYSE:FUL) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Saturday.

A number of other research firms also recently weighed in on FUL. UBS Group set a $66.00 price target on shares of H. B. Fuller in a research note on Friday, January 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of H. B. Fuller in a research report on Monday, December 29th. Citigroup increased their price target on H. B. Fuller from $70.00 to $76.00 and gave the company a “buy” rating in a research note on Friday, January 16th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of H. B. Fuller in a research note on Friday, January 16th. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $67.75.

H. B. Fuller Trading Up 1.1%

FUL stock opened at $67.43 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.70 and a debt-to-equity ratio of 1.01. H. B. Fuller has a twelve month low of $47.56 and a twelve month high of $68.63. The company has a market cap of $3.66 billion, a P/E ratio of 22.48, a PEG ratio of 1.00 and a beta of 1.10. The business has a fifty day moving average of $61.72 and a 200-day moving average of $59.91.

H. B. Fuller (NYSE:FUL) last posted its quarterly earnings results on Thursday, January 15th. The specialty chemicals company reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.04. The business had revenue of $894.79 million for the quarter, compared to analysts’ expectations of $901.34 million. H. B. Fuller had a return on equity of 12.21% and a net margin of 4.38%.The firm’s quarterly revenue was down 3.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.92 earnings per share. As a group, equities research analysts expect that H. B. Fuller will post 4.07 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FUL. Strs Ohio acquired a new stake in shares of H. B. Fuller during the first quarter worth about $101,000. Blair William & Co. IL increased its stake in H. B. Fuller by 9.8% during the 2nd quarter. Blair William & Co. IL now owns 7,256 shares of the specialty chemicals company’s stock worth $436,000 after purchasing an additional 650 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its holdings in H. B. Fuller by 12.2% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 9,904 shares of the specialty chemicals company’s stock worth $596,000 after buying an additional 1,077 shares during the period. CWM LLC lifted its stake in H. B. Fuller by 444.7% in the second quarter. CWM LLC now owns 3,622 shares of the specialty chemicals company’s stock valued at $218,000 after buying an additional 2,957 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its holdings in shares of H. B. Fuller by 35.5% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 17,673 shares of the specialty chemicals company’s stock valued at $1,063,000 after buying an additional 4,631 shares during the period. 95.93% of the stock is owned by institutional investors and hedge funds.

H. B. Fuller Company Profile

H. B. Fuller Company, founded in 1887 and headquartered in St. Paul, Minnesota, is a global adhesives and specialty chemical solutions provider serving a wide array of industries. The company develops, manufactures and markets adhesive technologies, sealants, polymers and related chemical products designed to enhance product performance, sustainability and manufacturing efficiency.

Fuller’s product portfolio spans multiple market segments, including packaging and converting, general industrial assembly, electronics, transportation, hygiene and construction.