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

H.B. Fuller (NYSE:FUL) – Investment analysts at Seaport Res Ptn reduced their Q4 2024 earnings per share estimates for H.B. Fuller in a report released on Monday, January 6th. Seaport Res Ptn analyst M. Harrison now anticipates that the specialty chemicals company will earn $0.92 per share for the quarter, down from their prior 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.

Other equities research analysts also recently issued research reports about the stock. StockNews.com downgraded shares of H.B. Fuller from a “buy” rating to a “hold” rating in a research report on Wednesday, September 18th. Citigroup cut their price objective on 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 H.B. Fuller from a “buy” rating to a “hold” rating in a research report on Monday. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $90.25.

H.B. Fuller Stock Up 0.4 %

FUL stock opened at $63.17 on Thursday. 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 firm has a 50 day simple moving average of $72.42 and a 200-day simple moving average of $77.37. The company has a market capitalization of $3.45 billion, a P/E ratio of 19.50, a PEG ratio of 1.24 and a beta of 1.43. H.B. Fuller has a twelve month low of $61.71 and a twelve month high of $87.67.

Institutional Investors Weigh In On H.B. Fuller

A number of hedge funds have recently added to or reduced their stakes in FUL. Marshall Wace LLP raised its holdings in shares of 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 during the last quarter. 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 in 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 in the last quarter. Finally, Lord Abbett & CO. LLC boosted its position 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 worth $57,952,000 after acquiring an additional 324,056 shares during the period. 95.93% of the stock is currently owned by 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.