H.B. Fuller (NYSE:FUL) VP Xinyu Du Sells 240 Shares

H.B. Fuller (NYSE:FUL) VP Xinyu Du sold 240 shares of the business’s stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $63.73, for a total value of $15,295.20. Following the transaction, the vice president now directly owns 2,323 shares of the company’s stock, valued at $148,044.79. This represents a 9.36 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

H.B. Fuller Price Performance

NYSE:FUL opened at $63.13 on Friday. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.16 and a current ratio of 1.81. The company has a 50-day moving average of $68.28 and a 200-day moving average of $75.71. H.B. Fuller has a 52 week low of $60.96 and a 52 week high of $87.67. The company has a market capitalization of $3.45 billion, a price-to-earnings ratio of 27.33, a PEG ratio of 1.20 and a beta of 1.43.

H.B. Fuller (NYSE:FUL) last announced its quarterly earnings results on Wednesday, January 15th. The specialty chemicals company reported $0.92 EPS for the quarter, missing analysts’ consensus estimates of $1.00 by ($0.08). H.B. Fuller had a return on equity of 12.01% and a net margin of 3.65%. The business had revenue of $923.00 million for the quarter, compared to the consensus estimate of $916.84 million. During the same quarter in the prior year, the business earned $1.32 EPS. The firm’s revenue for the quarter was up 2.2% on a year-over-year basis. As a group, equities research analysts anticipate that H.B. Fuller will post 4.07 earnings per share for the current fiscal year.

H.B. Fuller Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Thursday, February 6th will be given a $0.2225 dividend. This represents a $0.89 dividend on an annualized basis and a yield of 1.41%. The ex-dividend date is Thursday, February 6th. H.B. Fuller’s dividend payout ratio (DPR) is 38.53%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Geode Capital Management LLC grew its holdings in shares of H.B. Fuller by 1.5% in the 3rd quarter. Geode Capital Management LLC now owns 1,258,752 shares of the specialty chemicals company’s stock worth $99,939,000 after purchasing an additional 18,734 shares during the last quarter. Lord Abbett & CO. LLC boosted its position 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 buying an additional 324,056 shares in the last quarter. S&CO Inc. grew its stake in H.B. Fuller by 0.3% during the third quarter. S&CO Inc. now owns 267,192 shares of the specialty chemicals company’s stock worth $21,209,000 after buying an additional 920 shares during the last quarter. Finally, Wesbanco Bank Inc. increased its holdings in shares of H.B. Fuller by 41.2% during the fourth quarter. Wesbanco Bank Inc. now owns 13,700 shares of the specialty chemicals company’s stock worth $924,000 after buying an additional 4,000 shares in the last quarter. 95.93% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

FUL has been the subject of a number of research analyst reports. JPMorgan Chase & Co. cut their price target on H.B. Fuller from $70.00 to $60.00 and set an “underweight” rating for the company in a report on Friday, January 17th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of H.B. Fuller from $75.00 to $72.00 and set a “buy” rating on the stock in a research report on Wednesday, January 22nd. Vertical Research lowered shares of H.B. Fuller from a “buy” rating to a “hold” rating in a research report on Monday, January 6th. Finally, Citigroup decreased their target price on H.B. Fuller from $78.00 to $68.00 and set a “neutral” rating on the stock in a research report on Friday, January 3rd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, H.B. Fuller presently has an average rating of “Hold” and a consensus price target of $75.60.

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.