Seaport Res Ptn Has Weak Outlook for H.B. Fuller Q4 Earnings

H.B. Fuller (NYSE:FUL) – Equities research analysts at Seaport Res Ptn decreased their Q4 2024 earnings per share 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 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.

A number of other equities analysts also recently issued reports on FUL. StockNews.com downgraded H.B. Fuller from a “buy” rating to a “hold” rating in a research note on Wednesday, September 18th. Vertical Research downgraded H.B. Fuller from a “buy” rating to a “hold” rating in a research note on Monday, January 6th. Finally, Citigroup lowered their price target on H.B. Fuller from $78.00 to $68.00 and set a “neutral” rating on the stock in a 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 stock. Based on data from MarketBeat.com, H.B. Fuller currently has a consensus rating of “Hold” and a consensus target price of $90.25.

H.B. Fuller Stock Performance

Shares of FUL stock opened at $61.20 on Thursday. The company has a market cap of $3.34 billion, a price-to-earnings ratio of 18.89, a price-to-earnings-growth ratio of 1.24 and a beta of 1.43. The stock has a 50 day simple moving average of $72.42 and a 200-day simple moving average of $77.37. H.B. Fuller has a 12-month low of $60.96 and a 12-month high of $87.67. The company has a current ratio of 1.89, a quick ratio of 1.16 and a debt-to-equity ratio of 1.10.

Institutional Investors Weigh In On H.B. Fuller

Large investors have recently bought and sold shares of the stock. S&CO Inc. grew 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 valued at $21,209,000 after buying an additional 920 shares during the last quarter. Marshall Wace LLP grew its holdings 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 buying an additional 26,239 shares during the last quarter. Lord Abbett & CO. LLC grew 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 buying an additional 324,056 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of H.B. Fuller by 1.5% during 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 during the last quarter. Institutional investors and hedge funds own 95.93% of the company’s stock.

About H.B. Fuller

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.