H. B. Fuller (NYSE:FUL) VP Nathan Weaver Sells 9,561 Shares of Stock

H. B. Fuller Company (NYSE:FULGet Free Report) VP Nathan Weaver sold 9,561 shares of the business’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $62.06, for a total transaction of $593,355.66. Following the completion of the sale, the vice president directly owned 11,739 shares in the company, valued at $728,522.34. This trade represents a 44.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

H. B. Fuller Price Performance

NYSE:FUL opened at $60.11 on Thursday. The company has a 50-day moving average of $59.30 and a 200-day moving average of $60.48. The company has a market capitalization of $3.23 billion, a price-to-earnings ratio of 18.44, a PEG ratio of 0.67 and a beta of 0.98. H. B. Fuller Company has a 52 week low of $48.71 and a 52 week high of $68.63. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.12 and a current ratio of 1.80.

H. B. Fuller (NYSE:FULGet Free Report) last posted its earnings results on Thursday, June 25th. The specialty chemicals company reported $1.41 earnings per share for the quarter, beating analysts’ consensus estimates of $1.37 by $0.04. H. B. Fuller had a net margin of 5.29% and a return on equity of 12.18%. The business had revenue of $950.27 million for the quarter, compared to analysts’ expectations of $924.83 million. During the same quarter in the previous year, the firm posted $1.18 earnings per share. The firm’s revenue for the quarter was up 5.8% on a year-over-year basis. As a group, equities research analysts anticipate that H. B. Fuller Company will post 4.87 earnings per share for the current fiscal year.

H. B. Fuller Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 13th. Stockholders of record on Thursday, July 30th will be paid a $0.245 dividend. This represents a $0.98 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Thursday, July 30th. H. B. Fuller’s dividend payout ratio is currently 30.06%.

Key Headlines Impacting H. B. Fuller

Here are the key news stories impacting H. B. Fuller this week:

  • Positive Sentiment: Ancora’s cash offer could provide H.B. Fuller with substantial proceeds, potentially allowing the company to reduce debt, strengthen its balance sheet or return capital to shareholders. The proposal also signals that the activist investor believes the BAS business is worth more than its current contribution to the company. Reuters article
  • Positive Sentiment: H.B. Fuller confirmed receipt of the unsolicited proposal, creating the possibility of a strategic review or negotiations that could result in a premium valuation for the BAS segment. H.B. Fuller proposal confirmation
  • Positive Sentiment: Shareholders of Advanced Medical Solutions Group approved the resolutions related to H.B. Fuller’s cash takeover, supporting progress on the company’s broader strategic expansion. Advanced Medical Solutions shareholder vote
  • Neutral Sentiment: Analysts and valuation commentary continue to suggest that FUL may be undervalued, but this view is based primarily on earnings estimates and valuation metrics rather than a new company announcement. Zacks valuation analysis
  • Negative Sentiment: The BAS proposal is unsolicited and not binding, so there is no assurance that a transaction will occur. Selling the segment could also reduce H.B. Fuller’s scale and earnings diversification, while activist pressure may increase uncertainty around management’s strategy and debt levels. Ancora proposal letter
  • Negative Sentiment: Vice President Nathan D. Weaver sold 9,561 shares worth approximately $593,000, reducing his position by nearly 45%. While one insider sale is not conclusive, it may modestly weigh on sentiment. SEC insider transaction filing

Wall Street Analysts Forecast Growth

FUL has been the subject of several analyst reports. Royal Bank Of Canada set a $58.00 target price on H. B. Fuller in a research report on Wednesday, May 27th. Raymond James Financial set a $67.00 price target on H. B. Fuller in a research report on Friday, June 26th. The Goldman Sachs Group set a $67.00 price objective on H. B. Fuller in a research note on Friday, June 26th. UBS Group set a $69.00 price objective on H. B. Fuller in a report on Friday, June 26th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of H. B. Fuller in a research note on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $67.86.

Check Out Our Latest Report on H. B. Fuller

Institutional Trading of H. B. Fuller

Large investors have recently made changes to their positions in the business. Norges Bank acquired a new stake in shares of H. B. Fuller in the fourth quarter valued at $44,203,000. Royal Bank of Canada lifted its position in H. B. Fuller by 2,694.7% during the 1st quarter. Royal Bank of Canada now owns 675,765 shares of the specialty chemicals company’s stock worth $41,681,000 after buying an additional 651,585 shares in the last quarter. UBS Group AG lifted its position in H. B. Fuller by 200.8% during the 3rd quarter. UBS Group AG now owns 820,871 shares of the specialty chemicals company’s stock worth $48,661,000 after buying an additional 548,017 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in H. B. Fuller during the 2nd quarter worth about $29,611,000. Finally, Verition Fund Management LLC grew its holdings in H. B. Fuller by 1,379.5% during the 4th quarter. Verition Fund Management LLC now owns 383,955 shares of the specialty chemicals company’s stock worth $22,830,000 after acquiring an additional 358,003 shares during the last quarter. Institutional investors own 95.93% of the company’s stock.

H. B. Fuller Company Profile

(Get Free Report)

H. B. Fuller Company, founded in 1887 and headquartered in St. Paul, Minnesota, is a global adhesives and specialty chemical solutions provider serving a wide array of industries. The company develops, manufactures and markets adhesive technologies, sealants, polymers and related chemical products designed to enhance product performance, sustainability and manufacturing efficiency.

Fuller’s product portfolio spans multiple market segments, including packaging and converting, general industrial assembly, electronics, transportation, hygiene and construction.

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