Q4 EPS Estimates for H.B. Fuller Lowered by Seaport Res Ptn

H.B. Fuller (NYSE:FUL) – Investment analysts at Seaport Res Ptn reduced their Q4 2024 earnings per share (EPS) estimates for shares of H.B. Fuller in a note issued to investors on Monday, January 6th. Seaport Res Ptn analyst M. Harrison now expects that the specialty chemicals company will post earnings of $0.92 per share for the quarter, down from their previous 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.

Several other research analysts have also recently issued reports on the company. Vertical Research cut H.B. Fuller from a “buy” rating to a “hold” rating in a research report on Monday, January 6th. Citigroup lowered their price objective on 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 cut H.B. Fuller from a “buy” rating to a “hold” rating in a research report on Wednesday, September 18th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $90.25.

H.B. Fuller Trading Down 3.1 %

FUL opened at $61.20 on Thursday. H.B. Fuller has a 12 month low of $60.96 and a 12 month high of $87.67. The stock has a market capitalization of $3.34 billion, a price-to-earnings ratio of 18.89, a PEG ratio of 1.24 and a beta of 1.43. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.89 and a quick ratio of 1.16. The business has a fifty day moving average price of $72.42 and a 200 day moving average price of $77.37.

Institutional Trading of H.B. Fuller

Several institutional investors and hedge funds have recently made changes to their positions in FUL. S&CO Inc. raised its stake in H.B. Fuller by 0.3% during the 3rd 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. Geode Capital Management LLC raised its stake 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 acquiring an additional 18,734 shares during the last quarter. Marshall Wace LLP raised its stake in 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 valued at $22,319,000 after acquiring an additional 26,239 shares during the last quarter. Finally, Lord Abbett & CO. LLC raised its stake 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 acquiring an additional 324,056 shares during the last quarter. 95.93% of the stock is owned by hedge funds and other 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.