H. B. Fuller (NYSE:FUL) Director Purchases $98,820.00 in Stock

H. B. Fuller Company (NYSE:FUL) Director Thomas Handley acquired 2,000 shares of H. B. Fuller stock in a transaction dated Monday, September 28th. The shares were purchased at an average price of $49.41 per share, with a total value of $98,820.00. Following the acquisition, the director owned 2,000 shares of the company’s stock, valued at approximately $98,820. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

H. B. Fuller Price Performance

H. B. Fuller stock opened at $50.28 on Friday. H. B. Fuller Company has a 12 month low of $46.70 and a 12 month high of $68.63. The stock’s 50 day moving average is $55.13 and its 200-day moving average is $58.13. The company has a current ratio of 1.82, a quick ratio of 1.10 and a debt-to-equity ratio of 0.95. The company has a market capitalization of $2.71 billion, a price-to-earnings ratio of 14.00, a PEG ratio of 0.62 and a beta of 0.99.

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

H. B. Fuller Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities analysts recently commented on FUL shares. Deutsche Bank Aktiengesellschaft decreased their price target on shares of H. B. Fuller from $72.00 to $62.00 and set a “buy” rating on the stock in a research note on Tuesday. Zacks Research cut shares of H. B. Fuller from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 18th. Wall Street Zen downgraded shares of H. B. Fuller from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 25th. Citigroup decreased their target price on shares of H. B. Fuller from $75.00 to $63.00 and set a “buy” rating on the stock in a research report on Monday, September 28th. Finally, 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 report on Monday, September 28th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $64.62.

Key H. B. Fuller News

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

Institutional Trading of H. B. Fuller

Large investors have recently modified their holdings of the stock. Public Employees Retirement System of Ohio acquired a new position in H. B. Fuller in the second quarter valued at about $86,000. Bank of New York Mellon Corp acquired a new stake in H. B. Fuller during the second quarter worth about $29,611,000. S&CO Inc. acquired a new stake in H. B. Fuller during the second quarter worth about $14,093,000. Parallel Advisors LLC increased its holdings in H. B. Fuller by 85.6% in the 1st quarter. Parallel Advisors LLC now owns 1,034 shares of the specialty chemicals company’s stock valued at $64,000 after buying an additional 477 shares during the period. Finally, Glenmede Trust Co. NA bought a new position in H. B. Fuller in the 1st quarter valued at about $240,000. 95.93% of the stock is owned by institutional investors and hedge funds.

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.