H. B. Fuller (NYSE:FUL) Director Buys $99,976.32 in Stock

H. B. Fuller Company (NYSE:FUL) Director Trangsrud Teresa Rasmussen purchased 2,042 shares of the stock in a transaction dated Monday, September 28th. The shares were purchased at an average price of $48.96 per share, with a total value of $99,976.32. Following the transaction, the director directly 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 purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website.

H. B. Fuller Trading Up 0.1%

Shares of NYSE:FUL opened at $50.28 on Friday. The company has a quick ratio of 1.10, a current ratio of 1.82 and a debt-to-equity ratio of 0.95. The company’s 50-day moving average price is $55.13 and its 200 day moving average price is $58.13. The company has a market cap of $2.71 billion, a PE ratio of 14.00, a P/E/G ratio of 0.62 and a beta of 0.99. H. B. Fuller Company has a fifty-two week low of $46.70 and a fifty-two week high of $68.63.

H. B. Fuller (NYSE:FUL) last posted its earnings results on Thursday, September 24th. The specialty chemicals company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.47 by $0.05. The firm had revenue of $938.17 million during the quarter, compared to analysts’ expectations of $945.59 million. H. B. Fuller had a net margin of 5.56% and a return on equity of 12.65%. H. B. Fuller’s quarterly revenue was up 5.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.26 EPS. Sell-side analysts anticipate that H. B. Fuller Company will post 4.88 earnings per share for the current year.

H. B. Fuller Dividend Announcement

The firm also recently declared 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. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Thursday, October 15th. H. B. Fuller’s dividend payout ratio (DPR) is 27.30%.

H. B. Fuller News Roundup

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

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. JPMorgan Chase & Co. lowered their target price on shares of H. B. Fuller from $67.00 to $66.00 and set an “overweight” rating on the stock in a research note on Monday, September 28th. Wall Street Zen cut shares of H. B. Fuller from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 25th. Citigroup dropped their target price on H. B. Fuller from $75.00 to $63.00 and set a “buy” rating on the stock in a report on Monday, September 28th. UBS Group set a $69.00 target price on H. B. Fuller in a research report on Friday, June 26th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on H. B. Fuller from $72.00 to $62.00 and set a “buy” rating for the company in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, H. B. Fuller has an average rating of “Moderate Buy” and a consensus price target of $64.62.

Institutional Trading of H. B. Fuller

Large investors have recently added to or reduced their stakes in the business. Hantz Financial Services Inc. increased its holdings in shares of H. B. Fuller by 432.9% in 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 in the last quarter. Parallel Advisors LLC lifted its position in shares of H. B. Fuller by 85.6% during the 1st quarter. Parallel Advisors LLC now owns 1,034 shares of the specialty chemicals company’s stock valued at $64,000 after acquiring an additional 477 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its stake in shares of H. B. Fuller by 510.8% during 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 in the last quarter. Public Employees Retirement System of Ohio bought a new stake in shares of H. B. Fuller during the 2nd quarter worth $86,000. Finally, Bayban acquired a new position in shares of H. B. Fuller in the 4th quarter worth $156,000. 95.93% of the stock is currently owned by institutional investors.

About H. B. Fuller

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.