Partners Capital Investment Group LLP Purchases 30,805 Shares of H. B. Fuller Company $FUL

Partners Capital Investment Group LLP boosted its position in H. B. Fuller Company (NYSE:FUL) by 90.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 64,901 shares of the specialty chemicals company’s stock after buying an additional 30,805 shares during the quarter. Partners Capital Investment Group LLP owned approximately 0.12% of H. B. Fuller worth $3,642,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of FUL. Entropy Technologies LP bought a new position in shares of H. B. Fuller during the 1st quarter worth approximately $581,000. Neo Ivy Capital Management bought a new stake in shares of H. B. Fuller in the first quarter worth $990,000. Cooke & Bieler LP acquired a new position in H. B. Fuller during the first quarter worth $36,830,000. Neuberger Berman Group LLC boosted its holdings in H. B. Fuller by 25.4% during the first quarter. Neuberger Berman Group LLC now owns 6,538 shares of the specialty chemicals company’s stock worth $367,000 after purchasing an additional 1,323 shares during the last quarter. Finally, Sterling Capital Management LLC grew its position in H. B. Fuller by 731.1% in the fourth quarter. Sterling Capital Management LLC now owns 1,255 shares of the specialty chemicals company’s stock valued at $85,000 after purchasing an additional 1,104 shares in the last quarter. Institutional investors and hedge funds own 95.93% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Robert W. Baird boosted their price target on shares of H. B. Fuller from $60.00 to $75.00 and gave the stock an “outperform” rating in a research report on Friday, June 27th. JPMorgan Chase & Co. lifted their target price on H. B. Fuller from $50.00 to $54.00 and gave the company an “underweight” rating in a research report on Friday, June 27th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $67.25.

H. B. Fuller Trading Down 1.1%

H. B. Fuller stock opened at $59.33 on Thursday. The stock has a 50-day simple moving average of $58.81 and a 200 day simple moving average of $56.79. The stock has a market capitalization of $3.20 billion, a P/E ratio of 32.07, a PEG ratio of 0.99 and a beta of 1.13. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.15 and a current ratio of 1.87. H. B. Fuller Company has a 52 week low of $47.56 and a 52 week high of $85.89.

H. B. Fuller (NYSE:FUL) last released its quarterly earnings data on Wednesday, June 25th. The specialty chemicals company reported $1.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.10 by $0.08. The company had revenue of $898.10 million during the quarter, compared to analysts’ expectations of $894.87 million. H. B. Fuller had a return on equity of 11.50% and a net margin of 2.92%.The business’s revenue was down 2.1% on a year-over-year basis. During the same period last year, the firm posted $1.12 earnings per share. H. B. Fuller has set its FY 2025 guidance at 4.100-4.30 EPS. Analysts expect that H. B. Fuller Company will post 4.07 earnings per share for the current year.

H. B. Fuller Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 14th. Stockholders of record on Thursday, July 31st were given a $0.235 dividend. The ex-dividend date of this dividend was Thursday, July 31st. This represents a $0.94 annualized dividend and a dividend yield of 1.6%. H. B. Fuller’s dividend payout ratio is presently 50.81%.

Insider Transactions at H. B. Fuller

In related news, VP Robert J. Martsching sold 9,546 shares of H. B. Fuller stock in a transaction dated Thursday, July 10th. The shares were sold at an average price of $64.30, for a total transaction of $613,807.80. Following the completion of the sale, the vice president owned 14,980 shares of the company’s stock, valued at approximately $963,214. The trade was a 38.92% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Joao Magalhaes sold 1,099 shares of the stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $56.31, for a total transaction of $61,884.69. Following the completion of the transaction, the vice president directly owned 3,285 shares in the company, valued at approximately $184,978.35. This represents a 25.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 11,691 shares of company stock valued at $734,478. 1.99% of the stock is currently owned by corporate insiders.

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.