H. B. Fuller Co. (NYSE:FUL) announced its quarterly earnings data on Wednesday. The company reported $0.64 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.67 by $0.03. H. B. Fuller had a net margin of 5.00% and a return on equity of 13.65%. During the same period in the previous year, the business posted $0.61 earnings per share.

Shares of H. B. Fuller (NYSE:FUL) opened at 44.18 on Friday. The stock has a market cap of $2.22 billion, a price-to-earnings ratio of 21.76 and a beta of 1.75. H. B. Fuller has a 52 week low of $32.49 and a 52 week high of $48.83. The stock’s 50 day moving average price is $46.94 and its 200 day moving average price is $44.98.

Several equities research analysts have recently commented on FUL shares. Zacks Investment Research raised H. B. Fuller from a “hold” rating to a “buy” rating and set a $51.00 price target on the stock in a research note on Tuesday, May 31st. Deutsche Bank AG boosted their price target on H. B. Fuller from $47.00 to $50.00 and gave the stock a “hold” rating in a research note on Friday, June 24th.

In related news, insider James Owens sold 55,048 shares of the stock in a transaction dated Friday, July 29th. The shares were sold at an average price of $46.43, for a total transaction of $2,555,878.64. Following the sale, the insider now owns 151,293 shares in the company, valued at $7,024,533.99. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Timothy J. Keenan sold 8,037 shares of the stock in a transaction dated Wednesday, August 3rd. The stock was sold at an average price of $46.03, for a total transaction of $369,943.11. Following the sale, the vice president now owns 22,142 shares in the company, valued at approximately $1,019,196.26. The disclosure for this sale can be found here. Corporate insiders own 3.55% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in FUL. BlackRock Fund Advisors raised its stake in H. B. Fuller by 3.4% in the second quarter. BlackRock Fund Advisors now owns 3,331,107 shares of the company’s stock valued at $146,535,000 after buying an additional 109,588 shares during the period. TIAA CREF Investment Management LLC raised its stake in H. B. Fuller by 17.0% in the second quarter. TIAA CREF Investment Management LLC now owns 266,792 shares of the company’s stock valued at $11,736,000 after buying an additional 38,813 shares during the period. BlackRock Investment Management LLC raised its stake in H. B. Fuller by 6.5% in the second quarter. BlackRock Investment Management LLC now owns 208,881 shares of the company’s stock valued at $9,189,000 after buying an additional 12,755 shares during the period. American Century Companies Inc. raised its stake in H. B. Fuller by 1.4% in the second quarter. American Century Companies Inc. now owns 163,120 shares of the company’s stock valued at $7,176,000 after buying an additional 2,262 shares during the period. Finally, Teachers Advisors Inc. raised its stake in H. B. Fuller by 7.7% in the second quarter. Teachers Advisors Inc. now owns 107,086 shares of the company’s stock valued at $4,711,000 after buying an additional 7,674 shares during the period. Hedge funds and other institutional investors own 89.00% of the company’s stock.

About H. B. Fuller

H.B. Fuller Company is a formulator, manufacturer and marketer of adhesives, sealants and other specialty chemical products. The Company’s segments include Americas Adhesives; Europe, India, Middle East and Africa (EIMEA); Asia Pacific, and Construction Products. The Americas Adhesives segment includes a range of specialty adhesives, such as thermoplastic, thermoset, reactive, and water-based and solvent-based products.

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