H.B. Fuller (NYSE:FUL) Reaches New 12-Month Low – Should You Sell?

H.B. Fuller (NYSE:FUL)’s stock price hit a new 52-week low on Monday . The stock traded as low as $67.49 and last traded at $67.89, with a volume of 30708 shares trading hands. The stock had previously closed at $68.16.

Wall Street Analyst Weigh In

FUL has been the subject of several analyst reports. Citigroup lowered their price target on shares of H.B. Fuller from $85.00 to $78.00 and set a “neutral” rating for the company in a report on Wednesday, December 18th. StockNews.com downgraded shares of H.B. Fuller from a “buy” rating to a “hold” rating in a research note on Wednesday, September 18th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, H.B. Fuller currently has a consensus rating of “Hold” and an average target price of $92.75.

H.B. Fuller Price Performance

The company has a quick ratio of 1.16, a current ratio of 1.89 and a debt-to-equity ratio of 1.10. The stock has a fifty day moving average of $75.47 and a 200-day moving average of $78.55. The stock has a market capitalization of $3.70 billion, a price-to-earnings ratio of 20.88, a P/E/G ratio of 1.25 and a beta of 1.41.

H.B. Fuller (NYSE:FUL) last posted its earnings results on Wednesday, September 25th. The specialty chemicals company reported $1.13 EPS for the quarter, missing analysts’ consensus estimates of $1.23 by ($0.10). H.B. Fuller had a net margin of 5.15% and a return on equity of 13.39%. The company had revenue of $917.93 million during the quarter, compared to analysts’ expectations of $944.04 million. During the same period last year, the business earned $1.06 earnings per share. The company’s quarterly revenue was up 1.9% on a year-over-year basis. On average, equities research analysts predict that H.B. Fuller will post 4.17 EPS for the current fiscal year.

H.B. Fuller Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Thursday, October 17th were given a $0.2225 dividend. The ex-dividend date was Thursday, October 17th. This represents a $0.89 dividend on an annualized basis and a dividend yield of 1.32%. H.B. Fuller’s dividend payout ratio (DPR) is presently 27.47%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Geode Capital Management LLC boosted its holdings in shares of 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 valued at $99,939,000 after acquiring an additional 18,734 shares during the period. Lord Abbett & CO. LLC raised its position in H.B. Fuller by 79.8% in 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 purchasing an additional 324,056 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in H.B. Fuller by 1.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 525,731 shares of the specialty chemicals company’s stock worth $40,460,000 after purchasing an additional 7,292 shares during the period. Marshall Wace LLP grew its position 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 worth $22,319,000 after purchasing an additional 26,239 shares during the last quarter. Finally, S&CO Inc. increased its stake in H.B. Fuller by 0.3% in the third quarter. S&CO Inc. now owns 267,192 shares of the specialty chemicals company’s stock valued at $21,209,000 after purchasing an additional 920 shares during the period. Institutional investors and hedge funds 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.