Seaport Res Ptn Decreases Earnings Estimates for H.B. Fuller

H.B. Fuller (NYSE:FUL) – Seaport Res Ptn dropped their Q4 2024 earnings per share estimates for H.B. Fuller in a research report issued to clients and investors on Monday, January 6th. Seaport Res Ptn analyst M. Harrison now anticipates that the specialty chemicals company will post earnings of $0.92 per share for the quarter, down from their previous estimate 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 analysts have also commented on FUL. Vertical Research lowered shares of H.B. Fuller from a “buy” rating to a “hold” rating in a research report on Monday. StockNews.com downgraded H.B. Fuller from a “buy” rating to a “hold” rating in a research note on Wednesday, September 18th. Finally, Citigroup decreased their target price 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. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $90.25.

H.B. Fuller Trading Up 0.4 %

NYSE FUL opened at $63.17 on Thursday. The stock has a market capitalization of $3.45 billion, a price-to-earnings ratio of 19.50, a PEG ratio of 1.24 and a beta of 1.43. The business’s fifty day moving average is $72.62 and its 200-day moving average is $77.47. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.89 and a quick ratio of 1.16. H.B. Fuller has a one year low of $61.71 and a one year high of $87.67.

Institutional Trading of H.B. Fuller

Institutional investors have recently modified their holdings of the business. Lord Abbett & CO. LLC raised its holdings 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 period. Marshall Wace LLP grew its position in shares of H.B. Fuller by 9.9% in the second quarter. Marshall Wace LLP now owns 290,005 shares of the specialty chemicals company’s stock valued at $22,319,000 after purchasing an additional 26,239 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of 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 purchasing an additional 18,734 shares during the period. Finally, S&CO Inc. lifted its holdings 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 worth $21,209,000 after purchasing an additional 920 shares in the last quarter. 95.93% of the stock is currently 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.