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

Shares of H.B. Fuller (NYSE:FUL) have been assigned a consensus rating of “Hold” from the five brokerages that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $86.20.

Several equities analysts have weighed in on FUL shares. Robert W. Baird lifted their price objective on H.B. Fuller from $80.00 to $90.00 and gave the company a “neutral” rating in a report on Monday, April 1st. Stifel Nicolaus lifted their price objective on H.B. Fuller from $110.00 to $115.00 and gave the company a “buy” rating in a report on Friday, January 19th. StockNews.com raised H.B. Fuller from a “hold” rating to a “buy” rating in a report on Thursday, January 18th. Finally, Vertical Research began coverage on H.B. Fuller in a report on Tuesday, March 19th. They issued a “buy” rating and a $88.00 price objective for the company.

Insider Transactions at H.B. Fuller

In other news, VP Nathan D. Weaver sold 7,292 shares of the business’s stock in a transaction on Tuesday, April 9th. The stock was sold at an average price of $78.64, for a total transaction of $573,442.88. Following the completion of the transaction, the vice president now owns 4,803 shares of the company’s stock, valued at approximately $377,707.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other H.B. Fuller news, VP Nathan D. Weaver sold 7,292 shares of the company’s stock in a transaction dated Tuesday, April 9th. The stock was sold at an average price of $78.64, for a total value of $573,442.88. Following the completion of the transaction, the vice president now owns 4,803 shares of the company’s stock, valued at approximately $377,707.92. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP James J. East sold 22,316 shares of the company’s stock in a transaction dated Monday, April 8th. The stock was sold at an average price of $78.27, for a total value of $1,746,673.32. The disclosure for this sale can be found here. In the last quarter, insiders sold 60,301 shares of company stock valued at $4,673,473. Corporate insiders own 1.96% of the company’s stock.

Hedge Funds Weigh In On H.B. Fuller

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Security National Bank of SO Dak acquired a new position in H.B. Fuller in the 4th quarter worth about $236,000. Neuberger Berman Group LLC grew its position in shares of H.B. Fuller by 1.6% in the 4th quarter. Neuberger Berman Group LLC now owns 11,353 shares of the specialty chemicals company’s stock valued at $924,000 after buying an additional 179 shares during the last quarter. Public Employees Retirement Association of Colorado grew its position in shares of H.B. Fuller by 2,588.7% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 335,119 shares of the specialty chemicals company’s stock valued at $27,282,000 after buying an additional 322,655 shares during the last quarter. Campbell & CO Investment Adviser LLC bought a new stake in shares of H.B. Fuller in the 4th quarter valued at about $738,000. Finally, Partners Capital Investment Group LLP bought a new stake in shares of H.B. Fuller in the 4th quarter valued at about $5,598,000. Institutional investors and hedge funds own 95.93% of the company’s stock.

H.B. Fuller Stock Performance

FUL opened at $76.96 on Friday. The business has a fifty day simple moving average of $78.52 and a 200 day simple moving average of $76.37. The company has a market capitalization of $4.19 billion, a PE ratio of 27.99, a price-to-earnings-growth ratio of 1.20 and a beta of 1.52. H.B. Fuller has a 1 year low of $62.57 and a 1 year high of $84.31. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.99 and a quick ratio of 1.23.

H.B. Fuller (NYSE:FUL) last announced its quarterly earnings data on Wednesday, March 27th. The specialty chemicals company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.03. The firm had revenue of $810.42 million during the quarter, compared to analysts’ expectations of $823.04 million. H.B. Fuller had a return on equity of 12.88% and a net margin of 4.39%. The company’s quarterly revenue was up .2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.55 EPS. Research analysts expect that H.B. Fuller will post 4.32 EPS for the current year.

H.B. Fuller Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 9th. Stockholders of record on Thursday, April 25th will be issued a dividend of $0.222 per share. The ex-dividend date of this dividend is Wednesday, April 24th. This represents a $0.89 dividend on an annualized basis and a dividend yield of 1.15%. This is a boost from H.B. Fuller’s previous quarterly dividend of $0.21. H.B. Fuller’s payout ratio is 29.82%.

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.