H.B. Fuller (NYSE:FUL) Upgraded to Buy at StockNews.com

H.B. Fuller (NYSE:FUL) was upgraded by stock analysts at StockNews.com from a “hold” rating to a “buy” rating in a report issued on Tuesday.

Separately, Robert W. Baird boosted their target price on shares of H.B. Fuller from $80.00 to $90.00 and gave the stock a “neutral” rating in a research note on Monday, April 1st. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, H.B. Fuller presently has an average rating of “Moderate Buy” and an average price target of $92.75.

H.B. Fuller Trading Down 2.4 %

Shares of NYSE:FUL opened at $82.32 on Tuesday. The firm has a fifty day moving average of $79.17 and a two-hundred day moving average of $78.37. The firm has a market capitalization of $4.49 billion, a P/E ratio of 28.10, a price-to-earnings-growth ratio of 1.36 and a beta of 1.44. H.B. Fuller has a 12-month low of $64.64 and a 12-month high of $86.92. The company has a quick ratio of 1.16, a current ratio of 1.89 and a debt-to-equity ratio of 1.13.

H.B. Fuller (NYSE:FUL) last announced its earnings results on Thursday, June 27th. The specialty chemicals company reported $1.12 EPS for the quarter, topping the consensus estimate of $1.03 by $0.09. H.B. Fuller had a net margin of 4.67% and a return on equity of 13.33%. The firm had revenue of $917.10 million for the quarter, compared to the consensus estimate of $914.22 million. During the same quarter last year, the firm posted $0.93 EPS. The business’s quarterly revenue was up 2.1% on a year-over-year basis. On average, equities analysts expect that H.B. Fuller will post 4.4 EPS for the current fiscal year.

Insider Buying and Selling

In related news, VP Heather Campe sold 23,696 shares of the firm’s stock in a transaction dated Friday, July 12th. The shares were sold at an average price of $82.66, for a total transaction of $1,958,711.36. Following the transaction, the vice president now directly owns 19,742 shares of the company’s stock, valued at $1,631,873.72. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other H.B. Fuller news, EVP Zhiwei Cai sold 4,645 shares of the business’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $75.15, for a total transaction of $349,071.75. Following the sale, the executive vice president now directly owns 30,663 shares of the company’s stock, valued at approximately $2,304,324.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Heather Campe sold 23,696 shares of the business’s stock in a transaction that occurred on Friday, July 12th. The stock was sold at an average price of $82.66, for a total transaction of $1,958,711.36. Following the sale, the vice president now directly owns 19,742 shares in the company, valued at $1,631,873.72. The disclosure for this sale can be found here. 1.96% of the stock is owned by insiders.

Institutional Investors Weigh In On H.B. Fuller

Institutional investors have recently modified their holdings of the company. Central Pacific Bank Trust Division acquired a new position in shares of H.B. Fuller during the 1st quarter valued at $79,000. Arlington Trust Co LLC acquired a new position in H.B. Fuller during the fourth quarter worth $134,000. Security National Bank of SO Dak acquired a new position in H.B. Fuller during the fourth quarter worth $236,000. Campbell & CO Investment Adviser LLC acquired a new position in H.B. Fuller during the fourth quarter worth $738,000. Finally, Wesbanco Bank Inc. acquired a new position in H.B. Fuller during the first quarter worth $773,000. 95.93% of the stock is owned by institutional investors.

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.