Analysts’ Recent Ratings Updates for HB Fuller (FUL)

HB Fuller (NYSE: FUL) recently received a number of ratings updates from brokerages and research firms:

  • 10/8/2018 – HB Fuller was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “H.B. Fuller has been a leading global adhesives provider focusing on perfecting adhesives, sealants and other specialty chemical products to improve products and lives. H.B. Fuller’s commitment to innovation brings together people, products and processes that answer and solve some of the world’s biggest challenges. H.B. Fuller adhesives products used in manufacturing common consumer and industrial goods, including food and beverage containers, disposable diapers, windows, doors, flooring, appliances, sportswear, footwear, multi-wall bags, water filtration products, insulation, textiles, automotives, solar energy systems and electronics. H.B. Fuller also provides customers with technical support and unique solutions designed to address their specific needs. H.B. Fuller has established a variety of product offerings for residential construction markets, such as tile-setting adhesives, grout, sealants and related products. “
  • 9/28/2018 – HB Fuller was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 9/28/2018 – HB Fuller had its price target lowered by analysts at Robert W. Baird from $60.00 to $55.00. They now have a “neutral” rating on the stock.
  • 9/28/2018 – HB Fuller had its price target lowered by analysts at Deutsche Bank AG from $62.00 to $60.00. They now have a “buy” rating on the stock.
  • 9/3/2018 – HB Fuller was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “H.B. Fuller has been a leading global adhesives provider focusing on perfecting adhesives, sealants and other specialty chemical products to improve products and lives. H.B. Fuller’s commitment to innovation brings together people, products and processes that answer and solve some of the world’s biggest challenges. H.B. Fuller adhesives products used in manufacturing common consumer and industrial goods, including food and beverage containers, disposable diapers, windows, doors, flooring, appliances, sportswear, footwear, multi-wall bags, water filtration products, insulation, textiles, automotives, solar energy systems and electronics. H.B. Fuller also provides customers with technical support and unique solutions designed to address their specific needs. H.B. Fuller has established a variety of product offerings for residential construction markets, such as tile-setting adhesives, grout, sealants and related products. “
  • 8/29/2018 – HB Fuller was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $65.00 price target on the stock. According to Zacks, “H.B. Fuller has been a leading global adhesives provider focusing on perfecting adhesives, sealants and other specialty chemical products to improve products and lives. H.B. Fuller’s commitment to innovation brings together people, products and processes that answer and solve some of the world’s biggest challenges. H.B. Fuller adhesives products used in manufacturing common consumer and industrial goods, including food and beverage containers, disposable diapers, windows, doors, flooring, appliances, sportswear, footwear, multi-wall bags, water filtration products, insulation, textiles, automotives, solar energy systems and electronics. H.B. Fuller also provides customers with technical support and unique solutions designed to address their specific needs. H.B. Fuller has established a variety of product offerings for residential construction markets, such as tile-setting adhesives, grout, sealants and related products. “

NYSE:FUL opened at $46.04 on Friday. The company has a debt-to-equity ratio of 2.03, a quick ratio of 1.48 and a current ratio of 2.25. HB Fuller Co has a 52 week low of $45.22 and a 52 week high of $59.58. The firm has a market capitalization of $2.37 billion, a PE ratio of 18.42, a PEG ratio of 0.79 and a beta of 1.42.

HB Fuller (NYSE:FUL) last issued its earnings results on Wednesday, September 26th. The specialty chemicals company reported $0.86 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.90 by ($0.04). The company had revenue of $770.11 million for the quarter, compared to the consensus estimate of $784.75 million. HB Fuller had a return on equity of 13.41% and a net margin of 4.14%. Equities research analysts forecast that HB Fuller Co will post 3.11 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 1st. Investors of record on Thursday, October 18th will be paid a dividend of $0.155 per share. This represents a $0.62 annualized dividend and a yield of 1.35%. The ex-dividend date is Wednesday, October 17th. HB Fuller’s dividend payout ratio is presently 24.80%.

In related news, VP Steven Kenny sold 2,200 shares of the stock in a transaction on Monday, July 30th. The shares were sold at an average price of $56.19, for a total transaction of $123,618.00. Following the transaction, the vice president now directly owns 30,173 shares of the company’s stock, valued at $1,695,420.87. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Traci L. Jensen sold 4,508 shares of the stock in a transaction on Thursday, August 9th. The stock was sold at an average price of $57.45, for a total transaction of $258,984.60. The disclosure for this sale can be found here. 3.46% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of FUL. Murphy Pohlad Asset Management LLC bought a new position in HB Fuller during the second quarter worth $200,000. Balter Liquid Alternatives LLC acquired a new position in HB Fuller during the second quarter worth $259,000. Jane Street Group LLC acquired a new position in HB Fuller during the second quarter worth $269,000. SNS Financial Group LLC acquired a new position in HB Fuller during the second quarter worth $294,000. Finally, D.A. Davidson & CO. raised its holdings in HB Fuller by 20.0% during the second quarter. D.A. Davidson & CO. now owns 6,000 shares of the specialty chemicals company’s stock worth $322,000 after buying an additional 1,000 shares during the last quarter. 97.65% of the stock is currently owned by institutional investors and hedge funds.

H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, and other specialty chemical products worldwide. The company operates through six segments: Americas Adhesives; EIMEA (Europe, India, Middle East and Africa); Asia Pacific; Construction Products; Engineering Adhesives; and Royal Adhesives.

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