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

H.B. Fuller (NYSE:FUL) EVP Zhiwei Cai sold 4,645 shares of the stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $75.15, for a total transaction of $349,071.75. Following the completion of the sale, the executive vice president now directly owns 30,663 shares in the company, valued at $2,304,324.45. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

H.B. Fuller Trading Up 0.6 %

Shares of FUL stock opened at $75.14 on Thursday. The firm has a market cap of $4.09 billion, a P/E ratio of 27.42, a PEG ratio of 1.19 and a beta of 1.52. H.B. Fuller has a 1-year low of $62.57 and a 1-year high of $84.31. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.99 and a quick ratio of 1.23. The firm’s 50-day simple moving average is $78.18 and its 200-day simple moving average is $76.67.

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. H.B. Fuller had a net margin of 4.39% and a return on equity of 12.88%. The business had revenue of $810.42 million for the quarter, compared to analyst estimates of $823.04 million. During the same period in the prior year, the firm posted $0.55 EPS. The company’s revenue was up .2% on a year-over-year basis. As a group, equities analysts forecast that H.B. Fuller will post 4.32 EPS for the current year.

H.B. Fuller Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 9th. Shareholders of record on Thursday, April 25th will be given a $0.222 dividend. This is an increase from H.B. Fuller’s previous quarterly dividend of $0.21. The ex-dividend date is Wednesday, April 24th. This represents a $0.89 annualized dividend and a yield of 1.18%. H.B. Fuller’s dividend payout ratio (DPR) is 32.36%.

Institutional Trading of H.B. Fuller

Large investors have recently bought and sold shares of the company. Neuberger Berman Group LLC increased its stake in shares of H.B. Fuller by 1.6% in the fourth quarter. Neuberger Berman Group LLC now owns 11,353 shares of the specialty chemicals company’s stock worth $924,000 after buying an additional 179 shares during the last quarter. Arlington Trust Co LLC bought a new stake in H.B. Fuller during the fourth quarter valued at $134,000. Security National Bank of SO Dak acquired a new position in shares of H.B. Fuller during the fourth quarter valued at $236,000. BNP Paribas Financial Markets boosted its holdings in shares of H.B. Fuller by 9.9% during the first quarter. BNP Paribas Financial Markets now owns 45,152 shares of the specialty chemicals company’s stock valued at $3,600,000 after acquiring an additional 4,077 shares during the period. Finally, Wesbanco Bank Inc. boosted its holdings in shares of H.B. Fuller by 90.2% during the third quarter. Wesbanco Bank Inc. now owns 9,700 shares of the specialty chemicals company’s stock valued at $666,000 after acquiring an additional 4,600 shares during the period. Institutional investors and hedge funds own 95.93% of the company’s stock.

Wall Street Analyst Weigh In

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

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.