Financial Engines Advisors L.L.C. Boosts Stake in HB Fuller Co (NYSE:FUL)

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Financial Engines Advisors L.L.C. boosted its stake in shares of HB Fuller Co (NYSE:FUL) by 5.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,388 shares of the specialty chemicals company’s stock after acquiring an additional 224 shares during the quarter. Financial Engines Advisors L.L.C.’s holdings in HB Fuller were worth $204,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Zions Bancorporation N.A. bought a new stake in HB Fuller during the first quarter worth approximately $187,000. Great West Life Assurance Co. Can increased its stake in HB Fuller by 1.8% during the first quarter. Great West Life Assurance Co. Can now owns 69,730 shares of the specialty chemicals company’s stock worth $3,390,000 after acquiring an additional 1,228 shares during the last quarter. Arizona State Retirement System grew its stake in shares of HB Fuller by 0.6% during the second quarter. Arizona State Retirement System now owns 78,935 shares of the specialty chemicals company’s stock valued at $3,663,000 after buying an additional 483 shares during the last quarter. Crawford Investment Counsel Inc. grew its stake in shares of HB Fuller by 11.1% during the first quarter. Crawford Investment Counsel Inc. now owns 71,854 shares of the specialty chemicals company’s stock valued at $3,495,000 after buying an additional 7,200 shares during the last quarter. Finally, Rhumbline Advisers grew its stake in shares of HB Fuller by 2.0% during the first quarter. Rhumbline Advisers now owns 160,850 shares of the specialty chemicals company’s stock valued at $7,824,000 after buying an additional 3,146 shares during the last quarter. 97.56% of the stock is currently owned by institutional investors.

FUL opened at $42.61 on Tuesday. The stock has a market cap of $2.17 billion, a price-to-earnings ratio of 14.20, a P/E/G ratio of 1.16 and a beta of 1.61. The stock’s 50 day moving average price is $44.98 and its 200-day moving average price is $46.65. HB Fuller Co has a one year low of $39.22 and a one year high of $58.97. The company has a debt-to-equity ratio of 1.85, a quick ratio of 1.40 and a current ratio of 2.14.

HB Fuller (NYSE:FUL) last released its earnings results on Wednesday, June 26th. The specialty chemicals company reported $0.88 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.01). The business had revenue of $759.60 million for the quarter, compared to the consensus estimate of $779.07 million. HB Fuller had a net margin of 4.31% and a return on equity of 13.38%. The company’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.89 EPS. As a group, analysts predict that HB Fuller Co will post 3.16 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, August 13th. Investors of record on Tuesday, July 30th were issued a $0.16 dividend. The ex-dividend date of this dividend was Monday, July 29th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.50%. HB Fuller’s payout ratio is 21.33%.

A number of research analysts have recently commented on FUL shares. ValuEngine raised HB Fuller from a “sell” rating to a “hold” rating in a research note on Friday, June 28th. JPMorgan Chase & Co. cut their target price on HB Fuller from $51.00 to $46.00 and set a “neutral” rating on the stock in a research note on Friday, June 28th. Zacks Investment Research cut HB Fuller from a “hold” rating to a “sell” rating in a research note on Tuesday, August 27th. Finally, TheStreet raised HB Fuller from a “c+” rating to a “b-” rating in a research note on Tuesday, July 23rd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company’s stock. HB Fuller has an average rating of “Hold” and a consensus target price of $53.25.

In related news, VP Timothy J. Keenan sold 7,500 shares of the business’s stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $48.82, for a total value of $366,150.00. Following the completion of the sale, the vice president now owns 27,742 shares in the company, valued at $1,354,364.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.46% of the stock is currently owned by insiders.

HB Fuller Company Profile

H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, and other specialty chemical products worldwide. The company operates through five segments: Americas Adhesives, EIMEA, Asia Pacific, Construction Adhesives, and Engineering Adhesives.

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Institutional Ownership by Quarter for HB Fuller (NYSE:FUL)

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