H.B. Fuller (NYSE:FUL) EVP Zhiwei Cai Sells 4,645 Shares

H.B. Fuller (NYSE:FUL) EVP Zhiwei Cai sold 4,645 shares of H.B. Fuller stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $75.15, for a total value of $349,071.75. Following the completion of the transaction, the executive vice president now directly owns 30,663 shares of the company’s stock, valued at $2,304,324.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

H.B. Fuller Trading Down 0.9 %

NYSE:FUL traded down $0.67 on Tuesday, hitting $74.68. 357,619 shares of the stock were exchanged, compared to its average volume of 301,279. The stock has a market capitalization of $4.07 billion, a price-to-earnings ratio of 27.17, a P/E/G ratio of 1.18 and a beta of 1.52. H.B. Fuller has a 52 week low of $62.57 and a 52 week high of $84.31. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.23 and a current ratio of 1.99. The company’s 50-day moving average price is $78.25 and its 200 day moving average price is $76.64.

H.B. Fuller (NYSE:FUL) last announced its quarterly earnings data on Wednesday, March 27th. The specialty chemicals company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.03. The firm had revenue of $810.42 million during the quarter, compared to analysts’ expectations of $823.04 million. H.B. Fuller had a return on equity of 12.88% and a net margin of 4.39%. The company’s quarterly revenue was up .2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.55 EPS. On average, equities research analysts forecast that H.B. Fuller will post 4.32 earnings per share for the current year.

H.B. Fuller Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 9th. Stockholders of record on Thursday, April 25th will be paid a $0.222 dividend. The ex-dividend date of this dividend is Wednesday, April 24th. This is a boost from H.B. Fuller’s previous quarterly dividend of $0.21. This represents a $0.89 dividend on an annualized basis and a dividend yield of 1.19%. H.B. Fuller’s dividend payout ratio is 32.36%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on FUL. Stifel Nicolaus boosted their target price on shares of H.B. Fuller from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, January 19th. StockNews.com upgraded shares of H.B. Fuller from a “hold” rating to a “buy” rating in a research report on Thursday, January 18th. Robert W. Baird increased their price objective on H.B. Fuller from $80.00 to $90.00 and gave the company a “neutral” rating in a research report on Monday, April 1st. Finally, Vertical Research assumed coverage on H.B. Fuller in a research report on Tuesday, March 19th. They set a “buy” rating and a $88.00 target price for the company. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $86.20.

Institutional Trading of H.B. Fuller

A number of institutional investors and hedge funds have recently modified their holdings of FUL. Public Employees Retirement Association of Colorado increased its stake in shares of H.B. Fuller by 2,588.7% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 335,119 shares of the specialty chemicals company’s stock valued at $27,282,000 after acquiring an additional 322,655 shares during the last quarter. Luminus Management LLC increased its stake in shares of H.B. Fuller by 123.9% in the 3rd quarter. Luminus Management LLC now owns 410,351 shares of the specialty chemicals company’s stock valued at $28,154,000 after acquiring an additional 227,055 shares during the last quarter. Partners Capital Investment Group LLP bought a new stake in shares of H.B. Fuller in the 4th quarter valued at about $5,598,000. Kennedy Capital Management LLC increased its stake in shares of H.B. Fuller by 19.3% in the 3rd quarter. Kennedy Capital Management LLC now owns 82,273 shares of the specialty chemicals company’s stock valued at $5,645,000 after acquiring an additional 13,328 shares during the last quarter. Finally, Wesbanco Bank Inc. bought a new stake in shares of H.B. Fuller in the 1st quarter valued at about $773,000. 95.93% of the stock is owned by institutional investors.

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.