Seaport Res Ptn Reduces Earnings Estimates for H.B. Fuller

H.B. Fuller (NYSE:FUL) – Seaport Res Ptn lowered their Q4 2024 earnings estimates for shares of H.B. Fuller in a research note issued on Monday, January 6th. Seaport Res Ptn analyst M. Harrison now anticipates that the specialty chemicals company will post earnings of $0.92 per share for the quarter, down from their prior forecast of $1.21. The consensus estimate for H.B. Fuller’s current full-year earnings is $4.17 per share. Seaport Res Ptn also issued estimates for H.B. Fuller’s FY2025 earnings at $4.02 EPS and FY2026 earnings at $4.81 EPS.

A number of other brokerages also recently issued reports on FUL. Vertical Research downgraded H.B. Fuller from a “buy” rating to a “hold” rating in a research report on Monday. Citigroup dropped their target price on shares of H.B. Fuller from $78.00 to $68.00 and set a “neutral” rating for the company in a research report on Friday, January 3rd. Finally, StockNews.com lowered shares of H.B. Fuller from a “buy” rating to a “hold” rating in a report on Wednesday, September 18th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $90.25.

H.B. Fuller Trading Up 0.4 %

Shares of FUL stock opened at $63.17 on Thursday. The company has a market capitalization of $3.45 billion, a PE ratio of 19.50, a price-to-earnings-growth ratio of 1.24 and a beta of 1.43. H.B. Fuller has a 52-week low of $61.71 and a 52-week high of $87.67. The business’s fifty day moving average is $72.62 and its 200 day moving average is $77.47. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.16 and a current ratio of 1.89.

Institutional Investors Weigh In On H.B. Fuller

A number of large investors have recently added to or reduced their stakes in FUL. S&CO Inc. raised its stake in shares of H.B. Fuller by 0.3% during the third quarter. S&CO Inc. now owns 267,192 shares of the specialty chemicals company’s stock valued at $21,209,000 after acquiring an additional 920 shares during the last quarter. Marshall Wace LLP grew its stake in shares of H.B. Fuller by 9.9% in the second quarter. Marshall Wace LLP now owns 290,005 shares of the specialty chemicals company’s stock worth $22,319,000 after purchasing an additional 26,239 shares during the last quarter. Lord Abbett & CO. LLC increased its holdings in H.B. Fuller by 79.8% during the 3rd quarter. Lord Abbett & CO. LLC now owns 730,058 shares of the specialty chemicals company’s stock valued at $57,952,000 after purchasing an additional 324,056 shares during the period. Finally, Geode Capital Management LLC raised its position in H.B. Fuller by 1.5% during the 3rd quarter. Geode Capital Management LLC now owns 1,258,752 shares of the specialty chemicals company’s stock valued at $99,939,000 after purchasing an additional 18,734 shares during the last quarter. Institutional investors own 95.93% of the company’s stock.

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.