H. B. Fuller (NYSE:FUL) Director Trangsrud Teresa Rasmussen Purchases 2,042 Shares of Stock
by Sarita Garza · The Markets DailyH. B. Fuller Company (NYSE:FUL – Get Free Report) Director Trangsrud Teresa Rasmussen purchased 2,042 shares of the company’s stock in a transaction that occurred on Monday, September 28th. The stock was bought at an average price of $48.96 per share, with a total value of $99,976.32. Following the purchase, the director owned 4,053 shares of the company’s stock, valued at approximately $198,434.88. The trade was a 101.54% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
H. B. Fuller Stock Down 0.5%
H. B. Fuller stock traded down $0.23 during midday trading on Wednesday, hitting $49.37. The stock had a trading volume of 381,550 shares, compared to its average volume of 673,718. The business has a fifty day moving average price of $55.47 and a 200 day moving average price of $58.25. H. B. Fuller Company has a 12 month low of $46.70 and a 12 month high of $68.63. The stock has a market cap of $2.66 billion, a P/E ratio of 13.79, a P/E/G ratio of 0.54 and a beta of 0.97. The company has a current ratio of 1.82, a quick ratio of 1.10 and a debt-to-equity ratio of 0.95.
H. B. Fuller (NYSE:FUL – Get Free Report) last announced its quarterly earnings data on Thursday, September 24th. The specialty chemicals company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.47 by $0.05. H. B. Fuller had a return on equity of 12.65% and a net margin of 5.56%.The firm had revenue of $938.17 million for the quarter, compared to analysts’ expectations of $945.59 million. During the same period last year, the business posted $1.26 earnings per share. The firm’s revenue for the quarter was up 5.2% on a year-over-year basis. Research analysts predict that H. B. Fuller Company will post 4.83 EPS for the current year.
H. B. Fuller Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, August 13th. Stockholders of record on Thursday, July 30th were paid a $0.2450 dividend. The ex-dividend date of this dividend was Thursday, July 30th. This represents a $0.98 annualized dividend and a dividend yield of 2.0%. H. B. Fuller’s dividend payout ratio is presently 27.30%.
Institutional Trading of H. B. Fuller
A number of hedge funds have recently modified their holdings of the company. Hantz Financial Services Inc. grew its holdings 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 purchasing an additional 632 shares during the period. Parallel Advisors LLC raised its holdings in H. B. Fuller by 85.6% in the first quarter. Parallel Advisors LLC now owns 1,034 shares of the specialty chemicals company’s stock worth $64,000 after purchasing an additional 477 shares during the period. Caitong International Asset Management Co. Ltd boosted its position in shares of H. B. Fuller by 510.8% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,466 shares of the specialty chemicals company’s stock worth $87,000 after purchasing an additional 1,226 shares in the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of H. B. Fuller during the second quarter worth $86,000. Finally, Bayban acquired a new position in shares of H. B. Fuller in the 4th quarter valued at $156,000. 95.93% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several brokerages have commented on FUL. Zacks Research cut shares of H. B. Fuller from a “strong-buy” rating to a “hold” rating in a report on Friday, September 18th. Raymond James Financial set a $67.00 target price on shares of H. B. Fuller in a research note on Friday, June 26th. The Goldman Sachs Group set a $67.00 target price on H. B. Fuller in a research report on Friday, June 26th. UBS Group set a $69.00 price target on H. B. Fuller in a research report on Friday, June 26th. Finally, Weiss Ratings cut shares of H. B. Fuller from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, September 14th. One equities 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’s stock. Based on data from MarketBeat.com, H. B. Fuller has a consensus rating of “Moderate Buy” and a consensus target price of $64.62.
Check Out Our Latest Stock Analysis on H. B. Fuller
H. B. Fuller News Roundup
Here are the key news stories impacting H. B. Fuller this week:
- Positive Sentiment: Ancora raises BAS offer: Activist investor Ancora Holdings Group reportedly increased its cash offer for H.B. Fuller’s BAS unit to approximately $1.2 billion to $1.4 billion, with backing from Fortress. A sale at that valuation could provide cash for debt reduction, shareholder returns, or investment in the company’s remaining businesses, while increasing pressure on management to evaluate strategic alternatives. Activist Ancora Raises Bid for H.B. Fuller Building Unit
- Positive Sentiment: Improved earnings and margins: H.B. Fuller reported quarterly earnings above analyst expectations, with EPS of $1.52 versus the $1.47 consensus. Revenue increased 5.2% year over year, and the latest earnings call highlighted margin strength. These results offer support for the company’s operating performance despite revenue coming in modestly below forecasts. H.B. Fuller Earnings Call Highlights Margin Strength
- Neutral Sentiment: Analysts remain constructive but reduced targets: Deutsche Bank, JPMorgan, and Citi each lowered their price targets, while retaining buy or overweight ratings. The revisions suggest analysts see upside from current levels but have moderated their expectations. JPMorgan Chase Issues Forecast for H. B. Fuller
- Neutral Sentiment: Board changes: H.B. Fuller appointed former UFP Technologies CEO R. Jeffrey Bailly to its board following Ruth Kimmelshue’s resignation. The change may add relevant leadership experience, although its near-term financial impact is unclear. H.B. Fuller Adds Former UFP Technologies CEO to Its Board
- Negative Sentiment: Strategic uncertainty remains: The BAS proposal is activist-driven and has not been identified as a completed transaction. Investors must still weigh execution, valuation, regulatory, and negotiation risks, while the repeated analyst target cuts indicate ongoing caution about H.B. Fuller’s outlook.
H. B. Fuller Company Profile
H.B. Fuller Company (NYSE: FUL) develops and manufactures specialty adhesives, sealants and other chemical-based products used in industrial and commercial applications. Its solutions help customers bond, seal, coat and assemble materials across a range of products and manufacturing processes.
The company serves markets including packaging, hygiene and disposable products, construction, transportation, electronics, durable assembly, woodworking, flooring, composites and renewable energy.
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