H.B. Fuller (NYSE:FUL) Stock Rating Lowered by Vertical Research

H.B. Fuller (NYSE:FUL) was downgraded by stock analysts at Vertical Research from a “buy” rating to a “hold” rating in a research report issued on Monday, Marketbeat Ratings reports.

Several other analysts have also recently commented on FUL. StockNews.com cut shares of H.B. Fuller from a “buy” rating to a “hold” rating in a report on Wednesday, September 18th. Citigroup decreased 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 note on Friday, January 3rd. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $90.25.

H.B. Fuller Stock Down 0.7 %

Shares of H.B. Fuller stock opened at $62.93 on Monday. H.B. Fuller has a 1 year low of $61.71 and a 1 year high of $87.67. The company has a market cap of $3.44 billion, a P/E ratio of 19.42, a P/E/G ratio of 1.24 and a beta of 1.43. The company has a current ratio of 1.89, a quick ratio of 1.16 and a debt-to-equity ratio of 1.10. The stock has a 50-day moving average price of $72.85 and a 200 day moving average price of $77.57.

Hedge Funds Weigh In On H.B. Fuller

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Lord Abbett & CO. LLC increased its stake in shares of 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 worth $57,952,000 after purchasing an additional 324,056 shares during the last quarter. Geode Capital Management LLC boosted its holdings in H.B. Fuller by 1.5% in the third quarter. Geode Capital Management LLC now owns 1,258,752 shares of the specialty chemicals company’s stock worth $99,939,000 after purchasing an additional 18,734 shares in the last quarter. Dorsey & Whitney Trust CO LLC increased its position in H.B. Fuller by 8.1% during the second quarter. Dorsey & Whitney Trust CO LLC now owns 71,354 shares of the specialty chemicals company’s stock worth $5,491,000 after buying an additional 5,356 shares during the last quarter. Marshall Wace LLP raised its holdings in H.B. Fuller by 9.9% during the second quarter. Marshall Wace LLP now owns 290,005 shares of the specialty chemicals company’s stock valued at $22,319,000 after buying an additional 26,239 shares in the last quarter. Finally, S&CO Inc. raised its holdings 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 buying an additional 920 shares in 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.