H.B. Fuller (NYSE:FUL) Cut to “Hold” at Vertical Research

Vertical Research cut shares of H.B. Fuller (NYSE:FUL) from a buy rating to a hold rating in a research report released on Monday morning, MarketBeat Ratings reports.

A number of other research analysts also recently commented on FUL. Citigroup dropped their price objective 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. StockNews.com lowered shares of H.B. Fuller from a “buy” rating to a “hold” rating in a research note on Wednesday, September 18th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $90.25.

H.B. Fuller Stock Performance

Shares of FUL stock opened at $63.17 on Monday. The company has a market cap of $3.45 billion, a P/E ratio of 19.50, a PEG ratio of 1.24 and a beta of 1.43. The firm has a fifty day moving average price of $72.62 and a 200 day moving average price of $77.47. The company has a current ratio of 1.89, a quick ratio of 1.16 and a debt-to-equity ratio of 1.10. H.B. Fuller has a 12 month low of $61.71 and a 12 month high of $87.67.

Institutional Trading of H.B. Fuller

A number of large investors have recently made changes to their positions 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 increased its stake in H.B. Fuller by 79.8% in the third 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 period. Marshall Wace LLP raised its holdings 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 buying an additional 26,239 shares during the last quarter. S&CO Inc. raised its holdings in shares of 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 buying an additional 920 shares during the last quarter. Finally, Dorsey & Whitney Trust CO LLC boosted its stake in shares of H.B. Fuller by 8.1% during the second quarter. Dorsey & Whitney Trust CO LLC now owns 71,354 shares of the specialty chemicals company’s stock worth $5,491,000 after buying an additional 5,356 shares during the period. 95.93% of the stock is owned by institutional investors and hedge funds.

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.