H. B. Fuller Company (NYSE:FUL – Get Free Report) Director Srilata Zaheer purchased 2,000 shares of the company’s stock in a transaction that occurred on Monday, September 28th. The shares were purchased at an average cost of $49.06 per share, for a total transaction of $98,120.00. Following the completion of the transaction, the director directly owned 3,346 shares of the company’s stock, valued at $164,154.76. This represents a 148.59% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.
Srilata Zaheer also recently made the following trade(s):
- On Tuesday, September 29th, Srilata Zaheer purchased 40 shares of H. B. Fuller stock. The shares were purchased at an average price of $49.97 per share, for a total transaction of $1,998.80.
H. B. Fuller Trading Up 0.1%
Shares of FUL stock opened at $50.28 on Friday. H. B. Fuller Company has a 52-week low of $46.70 and a 52-week high of $68.63. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.10 and a current ratio of 1.82. The company has a 50-day simple moving average of $55.13 and a two-hundred day simple moving average of $58.13. 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 Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 29th. Investors of record on Thursday, October 15th will be given a dividend of $0.2450 per share. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Thursday, October 15th. H. B. Fuller’s dividend payout ratio (DPR) is presently 27.30%.
Hedge Funds Weigh In On H. B. Fuller
A number of institutional investors and hedge funds have recently added to or reduced their stakes in FUL. Hantz Financial Services Inc. increased its stake in shares of H. B. Fuller by 432.9% in the fourth quarter. Hantz Financial Services Inc. now owns 778 shares of the specialty chemicals company’s stock worth $46,000 after purchasing an additional 632 shares in the last quarter. Parallel Advisors LLC lifted its stake in shares of H. B. Fuller by 85.6% during 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 in the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in H. B. Fuller by 510.8% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,466 shares of the specialty chemicals company’s stock worth $87,000 after buying an additional 1,226 shares during the period. Public Employees Retirement System of Ohio bought a new position in H. B. Fuller in the 2nd quarter worth approximately $86,000. Finally, Bayban purchased a new position in H. B. Fuller in the 4th quarter valued at approximately $156,000. Institutional investors own 95.93% of the company’s stock.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft reduced their price objective on H. B. Fuller from $72.00 to $62.00 and set a “buy” rating for the company in a research note on Tuesday. JPMorgan Chase & Co. lowered their target price on H. B. Fuller from $67.00 to $66.00 and set an “overweight” rating on the stock in a research note on Monday, September 28th. The Goldman Sachs Group set a $67.00 price target on shares of H. B. Fuller in a research report on Friday, June 26th. Zacks Research downgraded shares of H. B. Fuller from a “strong-buy” rating to a “hold” rating in a report on Friday, September 18th. Finally, Robert W. Baird lowered their price objective on shares of H. B. Fuller from $75.00 to $65.00 and set an “outperform” rating on the stock in a research report on Friday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $64.62.
Check Out Our Latest Report on H. B. Fuller
Key Headlines Impacting H. B. Fuller
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
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.
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