H. B. Fuller (NYSE:FUL) Director Acquires $100,160.20 in Stock

H. B. Fuller Company (NYSE:FUL) Director Daniel Florness acquired 2,030 shares of the stock in a transaction dated Monday, September 28th. The stock was bought at an average price of $49.34 per share, with a total value of $100,160.20. Following the purchase, the director directly owned 3,381 shares in the company, valued at $166,818.54. This represents a 150.26% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

H. B. Fuller Stock Up 0.1%

H. B. Fuller stock opened at $50.28 on Friday. The company has a market capitalization of $2.71 billion, a PE ratio of 14.00, a PEG ratio of 0.62 and a beta of 0.99. H. B. Fuller Company has a 12-month low of $46.70 and a 12-month high of $68.63. The firm’s fifty day moving average is $55.13 and its 200 day moving average is $58.13. 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 announced its quarterly earnings data on Thursday, September 24th. The specialty chemicals company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.05. The firm had revenue of $938.17 million for the quarter, compared to analyst estimates of $945.59 million. H. B. Fuller had a net margin of 5.56% and a return on equity of 12.65%. The business’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.26 earnings per share. As a group, sell-side analysts predict that H. B. Fuller Company will post 4.88 EPS for the current fiscal year.

H. B. Fuller Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 29th. Stockholders of record on Thursday, October 15th will be issued a dividend of $0.2450 per share. The ex-dividend date is Thursday, October 15th. This represents a $0.98 annualized dividend and a dividend yield of 1.9%. H. B. Fuller’s payout ratio is currently 27.30%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Raymond James Financial set a $67.00 target price on shares of H. B. Fuller in a report on Friday, June 26th. JPMorgan Chase & Co. reduced their price objective on shares of H. B. Fuller from $67.00 to $66.00 and set an “overweight” rating for the company in a research report on Monday, September 28th. Wall Street Zen downgraded shares of H. B. Fuller from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 25th. Robert W. Baird decreased their price objective on shares of H. B. Fuller from $75.00 to $65.00 and set an “outperform” rating for the company in a research note on Friday, September 25th. Finally, Weiss Ratings downgraded H. B. Fuller from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, September 14th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, H. B. Fuller currently has an average rating of “Moderate Buy” and a consensus target price of $64.62.

Key H. B. Fuller News

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

• Positive Sentiment: Multiple directors bought approximately $620,000 of FUL shares. Recent purchases by Celine Martin, Michael Happe, Srilata Zaheer, Charles Lauber, Teresa Rasmussen, Daniel Florness and Thomas Handley were generally made near $49-$50 per share. The purchases significantly increased several directors’ holdings and may signal confidence that the shares are undervalued. H. B. Fuller director insider purchases
• Positive Sentiment: FUL was highlighted as a top-ranked value stock by Zacks. The company trades at roughly 14 times earnings, with a price-to-earnings-growth ratio near 0.61. The value designation may attract investors seeking relatively inexpensive specialty-chemical companies. Zacks value-stock analysis
• Positive Sentiment: H. B. Fuller maintained its quarterly dividend. The company declared a $0.245-per-share payment for October 29, equivalent to $0.98 annually and a yield of approximately 1.9%. The payout ratio is about 27%, leaving room for continued investment and debt management.
• Neutral Sentiment: Recent earnings provided modest fundamental support. Quarterly EPS of $1.52 exceeded the $1.47 consensus, while revenue increased 5.2% year over year to about $938 million. However, sales were slightly below expectations, tempering the earnings beat.
• Negative Sentiment: Analyst target reductions reflect a more cautious outlook. Deutsche Bank issued a pessimistic forecast, while JPMorgan, Baird and Citigroup also lowered targets, although most analysts still rate FUL Buy or Overweight. The consensus target remains about $64.62, above recent trading levels. The shares also remain below their 50-day and 200-day moving averages, indicating persistent market skepticism. Deutsche Bank forecast for H. B. Fuller

Institutional Trading of H. B. Fuller

A number of institutional investors have recently added to or reduced their stakes in the stock. Hantz Financial Services Inc. boosted its stake in H. B. Fuller by 432.9% during the fourth quarter. Hantz Financial Services Inc. now owns 778 shares of the specialty chemicals company’s stock valued at $46,000 after buying an additional 632 shares during the period. Parallel Advisors LLC increased its stake in H. B. Fuller by 85.6% in the 1st quarter. Parallel Advisors LLC now owns 1,034 shares of the specialty chemicals company’s stock worth $64,000 after acquiring an additional 477 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its stake in H. B. Fuller by 510.8% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,466 shares of the specialty chemicals company’s stock worth $87,000 after acquiring an additional 1,226 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of H. B. Fuller in the 2nd quarter valued at about $86,000. Finally, Bayban bought a new stake in shares of H. B. Fuller during the 4th quarter valued at about $156,000. Hedge funds and other institutional investors own 95.93% of the company’s stock.

H. B. Fuller Company Profile

H.B. Fuller Company is a global manufacturer of adhesives, sealants and specialty chemical products. Its solutions are used to bond, seal, protect and assemble materials in commercial and industrial applications, including packaging, hygiene products, construction, transportation, electronics and durable goods.

The company offers products such as hot-melt, water-based and reactive adhesives, construction adhesives, sealants, coatings and specialty formulations. H.B. Fuller serves manufacturers, contractors and other commercial customers that require bonding and sealing solutions for products, components and building materials.

Founded in 1887 by Harvey Benjamin Fuller, the company has grown from a regional adhesive producer into an international supplier serving customers across North America, Europe, Asia-Pacific and Latin America.