Zacks Investment Research upgraded shares of H. B. Fuller Company (NYSE:FUL) from a sell rating to a hold rating in a research report report published on Friday.

According to Zacks, “H.B. Fuller Company is a worldwide manufacturer and marketer of adhesives, sealants, coatings, paints and other specialty chemical products. The company’s largest worldwide business category is adhesives, sealants and coatings. These products are sold to customers in a wide range of industries, including packaging, woodworking, automotive, aerospace, graphic arts (books/magazines), appliances, filtration, windows, sporting goods, nonwovens, shoes and ceramic tile. “

Several other equities analysts also recently commented on the stock. BidaskClub upgraded shares of H. B. Fuller from a hold rating to a buy rating in a report on Saturday, June 10th. KeyCorp reiterated a hold rating on shares of H. B. Fuller in a report on Thursday, August 24th. Finally, Deutsche Bank AG upped their price target on shares of H. B. Fuller from $56.00 to $58.00 and gave the company a hold rating in a report on Wednesday, September 6th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the stock. H. B. Fuller has a consensus rating of Hold and a consensus target price of $54.60.

Shares of H. B. Fuller (NYSE FUL) opened at 54.20 on Friday. The company has a market capitalization of $2.74 billion, a PE ratio of 24.77 and a beta of 1.69. H. B. Fuller has a 1-year low of $41.52 and a 1-year high of $55.21. The company has a 50 day moving average price of $51.07 and a 200 day moving average price of $51.23.

H. B. Fuller (NYSE:FUL) last issued its quarterly earnings results on Wednesday, June 28th. The specialty chemicals company reported $0.62 EPS for the quarter, missing the consensus estimate of $0.67 by $0.05. The firm had revenue of $561.65 million for the quarter. H. B. Fuller had a net margin of 5.23% and a return on equity of 13.32%. During the same quarter last year, the firm earned $0.67 EPS. Equities analysts predict that H. B. Fuller will post $2.59 EPS for the current fiscal year.

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In related news, VP Dietrich J. Crail bought 970 shares of the company’s stock in a transaction on Wednesday, July 12th. The shares were acquired at an average cost of $51.41 per share, for a total transaction of $49,867.70. Following the purchase, the vice president now directly owns 970 shares of the company’s stock, valued at $49,867.70. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. 3.10% of the stock is owned by corporate insiders.

A number of hedge funds have recently modified their holdings of the business. Miles Capital Inc. grew its stake in H. B. Fuller by 0.3% in the 1st quarter. Miles Capital Inc. now owns 4,576 shares of the specialty chemicals company’s stock worth $236,000 after acquiring an additional 12 shares in the last quarter. Municipal Employees Retirement System of Michigan grew its stake in H. B. Fuller by 0.3% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 15,520 shares of the specialty chemicals company’s stock worth $793,000 after acquiring an additional 40 shares in the last quarter. Louisiana State Employees Retirement System grew its stake in H. B. Fuller by 0.5% in the 2nd quarter. Louisiana State Employees Retirement System now owns 20,600 shares of the specialty chemicals company’s stock worth $1,053,000 after acquiring an additional 100 shares in the last quarter. Tyers Asset Management LLC grew its stake in H. B. Fuller by 6.6% in the 1st quarter. Tyers Asset Management LLC now owns 2,064 shares of the specialty chemicals company’s stock worth $106,000 after acquiring an additional 128 shares in the last quarter. Finally, Ronna Sue Cohen grew its stake in H. B. Fuller by 0.3% in the 2nd quarter. Ronna Sue Cohen now owns 58,447 shares of the specialty chemicals company’s stock worth $2,987,000 after acquiring an additional 156 shares in the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

H. B. Fuller Company Profile

H.B. Fuller Company is a formulator, manufacturer and marketer of adhesives, sealants and other specialty chemical products. The Company’s segments include Americas Adhesives, Europe, India, Middle East and Africa (EIMEA), Asia Pacific, Construction Products and Engineering Adhesives. The Americas Adhesives, EIMEA and Asia Pacific operating segments produce and supply industrial adhesives products for applications in various markets, including durable assembly, nonwoven and hygiene, and textile.

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Analyst Recommendations for H. B. Fuller (NYSE:FUL)

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