H. B. Fuller (NYSE:FUL) Given New $62.00 Price Target at Deutsche Bank Aktiengesellschaft

H. B. Fuller (NYSE:FUL) had its target price dropped by stock analysts at Deutsche Bank Aktiengesellschaft from $72.00 to $62.00 in a report released on Tuesday, Benzinga reports. The brokerage presently has a “buy” rating on the specialty chemicals company’s stock. Deutsche Bank Aktiengesellschaft’s price target indicates a potential upside of 24.16% from the company’s current price.

Several other analysts have also issued reports on the company. Weiss Ratings lowered H. B. Fuller from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, September 14th. Zacks Research lowered H. B. Fuller from a “strong-buy” rating to a “hold” rating in a report on Friday, September 18th. Wall Street Zen cut H. B. Fuller from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 25th. Robert W. Baird cut their price target on H. B. Fuller from $75.00 to $65.00 and set an “outperform” rating for the company in a report on Friday. Finally, The Goldman Sachs Group set a $67.00 price objective on shares of H. B. Fuller in a research report on Friday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $64.62.

H. B. Fuller Stock Up 1.1%

Shares of NYSE:FUL traded up $0.56 during mid-day trading on Tuesday, reaching $49.94. 47,202 shares of the stock were exchanged, compared to its average volume of 666,612. The stock’s 50 day simple moving average is $55.59 and its 200-day simple moving average is $58.31. H. B. Fuller has a one year low of $46.70 and a one year high of $68.63. The company has a market cap of $2.69 billion, a P/E ratio of 13.89, a P/E/G ratio of 0.55 and a beta of 0.97. The company has a quick ratio of 1.10, a current ratio of 1.82 and a debt-to-equity ratio of 0.95.

H. B. Fuller (NYSE:FUL) last issued its quarterly earnings results on Thursday, September 24th. The specialty chemicals company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.47 by $0.05. H. B. Fuller had a net margin of 5.56% and a return on equity of 12.65%. The firm had revenue of $938.17 million for the quarter, compared to analysts’ expectations of $945.59 million. During the same period in the previous year, the firm posted $1.26 EPS. The company’s revenue for the quarter was up 5.2% on a year-over-year basis. As a group, equities research analysts predict that H. B. Fuller will post 4.78 EPS for the current year.

Insiders Place Their Bets

In related news, VP Nathan Weaver sold 9,561 shares of the company’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $62.06, for a total transaction of $593,355.66. Following the completion of the sale, the vice president directly owned 11,739 shares in the company, valued at $728,522.34. This represents a 44.89% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.83% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Norges Bank acquired a new position in H. B. Fuller in the fourth quarter valued at approximately $44,203,000. Congruence Capital LLC acquired a new stake in shares of H. B. Fuller during the 4th quarter worth approximately $10,048,000. Kennedy Capital Management LLC grew its position in shares of H. B. Fuller by 43.4% during the 4th quarter. Kennedy Capital Management LLC now owns 630,194 shares of the specialty chemicals company’s stock worth $37,471,000 after buying an additional 190,750 shares during the period. S&CO Inc. bought a new stake in shares of H. B. Fuller in the 2nd quarter valued at $14,093,000. Finally, Eurizon Capital SGR S.p.A. bought a new stake in shares of H. B. Fuller in the 4th quarter valued at $2,283,000. Institutional investors and hedge funds own 95.93% of the company’s stock.

Key Stories Impacting H. B. Fuller

Here are the key news stories impacting H. B. Fuller this week:

• Positive Sentiment: H.B. Fuller reported third-quarter adjusted EBITDA of approximately $187 million, while earnings per share of $1.52 exceeded the consensus estimate of $1.47. Management highlighted margin strength on the earnings call, supporting the company’s profitability outlook. H.B. Fuller Earnings Call Highlights Margin Strength
• Positive Sentiment: JPMorgan maintained an “overweight” rating and Citi maintained a “buy” rating, with their revised price targets of $66 and $63, respectively, still implying substantial upside from recent trading levels. H.B. Fuller Analyst Price Target
• Neutral Sentiment: R. Jeffrey Bailly, a former UFP Technologies chief executive, was elected to H.B. Fuller’s board as Ruth Kimmelshue resigned. The appointment adds industry and executive experience, but the board transition is not expected to immediately change operating results. H.B. Fuller Board Changes
• Negative Sentiment: Third-quarter revenue of $938 million increased 5.2% year over year but fell short of analysts’ $946 million expectation. Investors may also be cautious following the company’s updated full-year outlook, particularly if it signals slower growth or continued pressure on demand. H.B. Fuller Q3 Results and Outlook
• Negative Sentiment: Although both firms remain constructive, JPMorgan reduced its target from $67 to $66 and Citi cut its target sharply from $75 to $63. The downward revisions indicate analysts see less near-term upside despite the favorable ratings. Fuller Names Bailly to Board

About H. B. Fuller

H.B. Fuller Company (NYSE: FUL) develops and manufactures specialty adhesives, sealants and other chemical-based products used in industrial and commercial applications. Its solutions help customers bond, seal, coat and assemble materials across a range of products and manufacturing processes.

The company serves markets including packaging, hygiene and disposable products, construction, transportation, electronics, durable assembly, woodworking, flooring, composites and renewable energy.