H.B. Fuller Q3 2026 Earnings Preview: Revenue and Insider Moves
H.B. Fuller reports Q3 2026 earnings Sept 23, with analysts projecting $957.7M revenue and $1.48 EPS.
Key points
- H.B. Fuller expects Q3 2026 revenue of $957.7 million and EPS of $1.48, following Q2 revenue growth of 5.81%.
- Institutional holdings saw 178 investors add shares while 182 reduced positions, with Capital World Investors exiting 91.5% of its stake.
- The median analyst price target for FUL is $71.50, with recent estimates ranging from $67.00 to $75.00.
H.B. Fuller (FUL) will release its third-quarter 2026 financial results on Wednesday, September 23, after market close. According to data tracked by Quiver Quantitative, the company is expected to post revenue of $957.7 million, representing a slight increase from the $950.3 million recorded in the second quarter of 2026. The second-quarter figure itself marked a 5.81% year-over-year growth, indicating steady top-line expansion for the adhesives and specialty solutions provider.
Analysts anticipate a diluted earnings per share of $1.48 for the upcoming period. This forecast serves as the baseline for evaluating the company’s operational efficiency and margin management against the backdrop of recent institutional portfolio adjustments and insider trading activity observed over the last six months.
Insider Transactions Show Mixed Signals
Insider activity has been limited, with only two open-market trades in the past six months. Nathan D. Weaver, Executive Vice President of Business Transformation, sold 9,561 shares for an estimated $593,331. Conversely, Celeste Beeks Mastin, President and CEO, purchased 5,170 shares for approximately $295,103. This divergent behavior highlights individual strategic decisions rather than a unified corporate signal.
Institutional Holdings Shift Significantly
Institutional investors have exhibited a near-split stance on H.B. Fuller, with 178 adding shares and 182 reducing positions in the most recent quarter. Capital World Investors made the largest exit, removing 2.37 million shares, or 91.5% of its holding, worth about $138.3 million. This was largely offset by new entries from Ancora Advisors and Neuberger Berman, which added 1.26 million and 990,887 shares respectively, reflecting a rotation in large-cap holdings.
Other notable moves include Sixth Street Partners adding nearly 800,000 shares and JPMorgan Chase increasing its position by 480,542 shares. On the sell side, Royal Bank of Canada and UBS Group AG trimmed their portfolios by 96.7% and 44.0% respectively, indicating a divergence in long-term investment theses among major financial institutions.
Analyst Price Targets Remain Stable
Four analysts have issued price targets for FUL in the last six months, establishing a median target of $71.50. Recent estimates range from $67.00 by JP Morgan to $75.00 by Citigroup. Deutsche Bank and UBS set targets at $72.00 and $71.00 respectively, suggesting a consensus view that values the company’s current trajectory modestly above its recent trading levels.
