H.B. Fuller (NYSE:FUL) Price Target Lowered to $72.00 at Deutsche Bank Aktiengesellschaft

H.B. Fuller (NYSE:FUL) had its price target lowered by Deutsche Bank Aktiengesellschaft from $75.00 to $72.00 in a research report report published on Wednesday,Benzinga reports. The firm currently has a buy rating on the specialty chemicals company’s stock.

A number of other equities research analysts have also recently commented on FUL. JPMorgan Chase & Co. lowered their target price on H.B. Fuller from $70.00 to $60.00 and set an “underweight” rating on the stock in a research note on Friday, January 17th. Citigroup dropped their target price on shares of H.B. Fuller from $78.00 to $68.00 and set a “neutral” rating on the stock in a research note on Friday, January 3rd. Finally, Vertical Research lowered shares of H.B. Fuller from a “buy” rating to a “hold” rating in a research note on Monday, January 6th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $75.60.

H.B. Fuller Trading Down 0.9 %

Shares of FUL stock opened at $61.77 on Wednesday. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.16 and a current ratio of 1.81. The company has a market capitalization of $3.37 billion, a price-to-earnings ratio of 26.74, a PEG ratio of 1.61 and a beta of 1.43. H.B. Fuller has a 52-week low of $60.96 and a 52-week high of $87.67. The company has a 50-day simple moving average of $69.95 and a two-hundred day simple moving average of $76.50.

H.B. Fuller (NYSE:FUL) last released its earnings results on Wednesday, January 15th. The specialty chemicals company reported $0.92 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.00 by ($0.08). The business had revenue of $923.00 million during the quarter, compared to the consensus estimate of $916.84 million. H.B. Fuller had a net margin of 3.65% and a return on equity of 12.01%. The business’s revenue was up 2.2% on a year-over-year basis. During the same period in the prior year, the company earned $1.32 earnings per share. Research analysts anticipate that H.B. Fuller will post 4.06 EPS for the current fiscal year.

Institutional Trading of H.B. Fuller

A number of hedge funds and other institutional investors have recently bought and sold shares of FUL. Wesbanco Bank Inc. lifted its stake in H.B. Fuller by 41.2% in the 4th quarter. Wesbanco Bank Inc. now owns 13,700 shares of the specialty chemicals company’s stock worth $924,000 after purchasing an additional 4,000 shares in the last quarter. Lord Abbett & CO. LLC increased its stake in H.B. Fuller by 79.8% in the 3rd quarter. Lord Abbett & CO. LLC now owns 730,058 shares of the specialty chemicals company’s stock worth $57,952,000 after acquiring an additional 324,056 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of H.B. Fuller by 1.5% in 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 acquiring an additional 18,734 shares in the last quarter. S&CO Inc. lifted its position in 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 purchasing an additional 920 shares during the last quarter. Finally, Marshall Wace LLP lifted its holdings in shares of H.B. Fuller by 9.9% during the 2nd quarter. Marshall Wace LLP now owns 290,005 shares of the specialty chemicals company’s stock worth $22,319,000 after acquiring an additional 26,239 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.