H. B. Fuller Company (NYSE:FUL) Given Consensus Rating of “Hold” by Brokerages

H. B. Fuller Company (NYSE:FUL) has received a consensus rating of “Hold” from the six research firms that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $67.75.

FUL has been the topic of several recent research reports. Citigroup lifted their target price on shares of H. B. Fuller from $70.00 to $76.00 and gave the company a “buy” rating in a report on Friday, January 16th. UBS Group set a $66.00 price objective on H. B. Fuller in a research report on Friday, January 16th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of H. B. Fuller in a research report on Friday, January 16th. Wall Street Zen upgraded H. B. Fuller from a “hold” rating to a “buy” rating in a research note on Saturday, February 14th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of H. B. Fuller in a research report on Monday, December 29th.

Institutional Investors Weigh In On H. B. Fuller

Large investors have recently added to or reduced their stakes in the company. Invesco Ltd. lifted its holdings in H. B. Fuller by 1.4% in the 4th quarter. Invesco Ltd. now owns 152,960 shares of the specialty chemicals company’s stock worth $9,095,000 after buying an additional 2,042 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in H. B. Fuller by 92.7% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 7,433 shares of the specialty chemicals company’s stock valued at $442,000 after acquiring an additional 3,575 shares during the period. Voloridge Investment Management LLC grew its holdings in shares of H. B. Fuller by 11.8% during the fourth quarter. Voloridge Investment Management LLC now owns 198,585 shares of the specialty chemicals company’s stock valued at $11,808,000 after purchasing an additional 21,024 shares during the last quarter. Numerai GP LLC acquired a new stake in shares of H. B. Fuller during the 4th quarter worth approximately $4,940,000. Finally, Inspire Investing LLC lifted its holdings in shares of H. B. Fuller by 2.7% in the 4th quarter. Inspire Investing LLC now owns 7,863 shares of the specialty chemicals company’s stock worth $468,000 after purchasing an additional 208 shares during the last quarter. 95.93% of the stock is owned by institutional investors and hedge funds.

H. B. Fuller Stock Performance

H. B. Fuller stock opened at $65.93 on Friday. The company has a market cap of $3.58 billion, a price-to-earnings ratio of 21.98, a price-to-earnings-growth ratio of 0.98 and a beta of 1.10. H. B. Fuller has a 12 month low of $47.56 and a 12 month high of $68.63. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.70 and a quick ratio of 1.06. The stock’s 50-day moving average is $62.45 and its 200-day moving average is $60.25.

H. B. Fuller (NYSE:FUL) last posted its earnings results on Thursday, January 15th. The specialty chemicals company reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.24 by $0.04. H. B. Fuller had a net margin of 4.38% and a return on equity of 12.21%. The firm had revenue of $894.79 million during the quarter, compared to the consensus estimate of $901.34 million. During the same quarter in the prior year, the company earned $0.92 EPS. The company’s revenue was down 3.1% on a year-over-year basis. Equities analysts anticipate that H. B. Fuller will post 4.07 earnings per share for the current year.

H. B. Fuller Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, February 19th. Stockholders of record on Thursday, February 5th were given a dividend of $0.235 per share. This represents a $0.94 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Thursday, February 5th. H. B. Fuller’s payout ratio is presently 31.33%.

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.