Blair William & Co. IL Has $436,000 Stock Holdings in H. B. Fuller Company $FUL

Blair William & Co. IL grew its stake in shares of H. B. Fuller Company (NYSE:FUL) by 9.8% in the second quarter, HoldingsChannel.com reports. The fund owned 7,256 shares of the specialty chemicals company’s stock after acquiring an additional 650 shares during the quarter. Blair William & Co. IL’s holdings in H. B. Fuller were worth $436,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the stock. Signaturefd LLC lifted its position in shares of H. B. Fuller by 20.5% during the 2nd quarter. Signaturefd LLC now owns 1,743 shares of the specialty chemicals company’s stock valued at $105,000 after acquiring an additional 297 shares during the period. Parallel Advisors LLC lifted its position in shares of H. B. Fuller by 141.6% during the 2nd quarter. Parallel Advisors LLC now owns 534 shares of the specialty chemicals company’s stock valued at $32,000 after acquiring an additional 313 shares during the period. US Bancorp DE lifted its position in shares of H. B. Fuller by 0.7% during the 2nd quarter. US Bancorp DE now owns 54,153 shares of the specialty chemicals company’s stock valued at $3,257,000 after acquiring an additional 362 shares during the period. KLP Kapitalforvaltning AS lifted its position in shares of H. B. Fuller by 8.6% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 11,400 shares of the specialty chemicals company’s stock valued at $686,000 after acquiring an additional 900 shares during the period. Finally, QRG Capital Management Inc. lifted its position in shares of H. B. Fuller by 19.1% during the 2nd quarter. QRG Capital Management Inc. now owns 8,147 shares of the specialty chemicals company’s stock valued at $490,000 after acquiring an additional 1,309 shares during the period. 95.93% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

FUL has been the subject of a number of recent analyst reports. Citigroup cut their target price on H. B. Fuller from $70.00 to $62.00 and set a “neutral” rating for the company in a research report on Friday, September 26th. Robert W. Baird upped their price objective on H. B. Fuller from $60.00 to $75.00 and gave the stock an “outperform” rating in a research report on Friday, June 27th. Weiss Ratings restated a “hold (c)” rating on shares of H. B. Fuller in a research report on Tuesday. JPMorgan Chase & Co. upped their price objective on H. B. Fuller from $50.00 to $54.00 and gave the stock an “underweight” rating in a research report on Friday, June 27th. Finally, Seaport Res Ptn upgraded H. B. Fuller from a “hold” rating to a “strong-buy” rating in a research report on Friday, September 26th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $65.75.

H. B. Fuller Price Performance

H. B. Fuller stock opened at $58.83 on Friday. The company has a current ratio of 1.93, a quick ratio of 1.18 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $3.18 billion, a PE ratio of 31.80, a P/E/G ratio of 1.06 and a beta of 1.12. H. B. Fuller Company has a 12 month low of $47.56 and a 12 month high of $80.21. The stock has a 50-day moving average price of $59.96 and a two-hundred day moving average price of $57.66.

H. B. Fuller (NYSE:FUL) last posted its earnings results on Wednesday, April 13th. The specialty chemicals company reported $0.66 EPS for the quarter. H. B. Fuller had a return on equity of 11.49% and a net margin of 3.28%.The firm had revenue of $725.90 million during the quarter. H. B. Fuller has set its FY 2022 guidance at $4.100-$4.350 EPS. Analysts expect that H. B. Fuller Company will post 4.07 EPS for the current year.

H. B. Fuller Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 30th. Shareholders of record on Thursday, October 16th will be paid a $0.235 dividend. This represents a $0.94 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Thursday, October 16th. H. B. Fuller’s dividend payout ratio (DPR) is 50.81%.

Insider Buying and Selling

In other H. B. Fuller news, VP Joao Magalhaes sold 1,099 shares of the firm’s stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $56.31, for a total value of $61,884.69. Following the completion of the sale, the vice president owned 3,285 shares of the company’s stock, valued at approximately $184,978.35. This trade represents a 25.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 1.99% of the company’s stock.

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.