Natixis Advisors LLC Has $15.37 Million Holdings in H. B. Fuller Company $FUL

Natixis Advisors LLC lessened its holdings in H. B. Fuller Company (NYSE:FUL) by 24.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 259,198 shares of the specialty chemicals company’s stock after selling 84,766 shares during the quarter. Natixis Advisors LLC owned approximately 0.48% of H. B. Fuller worth $15,365,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Salomon & Ludwin LLC acquired a new position in H. B. Fuller in the third quarter valued at approximately $28,000. Covestor Ltd grew its holdings in H. B. Fuller by 22,833.3% during the 3rd quarter. Covestor Ltd now owns 688 shares of the specialty chemicals company’s stock worth $41,000 after acquiring an additional 685 shares during the period. TD Waterhouse Canada Inc. bought a new stake in shares of H. B. Fuller during the 3rd quarter valued at $47,000. AdvisorNet Financial Inc raised its position in shares of H. B. Fuller by 160.8% during the 3rd quarter. AdvisorNet Financial Inc now owns 845 shares of the specialty chemicals company’s stock valued at $50,000 after acquiring an additional 521 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of H. B. Fuller by 129.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,218 shares of the specialty chemicals company’s stock valued at $73,000 after purchasing an additional 688 shares during the period. Institutional investors and hedge funds own 95.93% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on FUL shares. Weiss Ratings restated a “hold (c)” rating on shares of H. B. Fuller in a research report on Monday, December 29th. UBS Group set a $66.00 target price on H. B. Fuller in a research note on Friday, January 16th. Wall Street Zen upgraded H. B. Fuller from a “hold” rating to a “buy” rating in a report on Saturday, February 14th. Citigroup boosted their target price on H. B. Fuller from $70.00 to $76.00 and gave the stock a “buy” rating in a research report on Friday, January 16th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of H. B. Fuller in a research note on Friday, January 16th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, H. B. Fuller currently has a consensus rating of “Hold” and a consensus target price of $67.75.

H. B. Fuller Stock Performance

Shares of FUL opened at $55.10 on Friday. The firm has a market cap of $3.00 billion, a P/E ratio of 18.37, a PEG ratio of 0.86 and a beta of 1.07. H. B. Fuller Company has a twelve month low of $47.56 and a twelve month high of $68.63. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.06 and a current ratio of 1.70. The firm’s 50 day moving average price is $63.02 and its two-hundred day moving average price is $60.63.

H. B. Fuller (NYSE:FUL) last issued its quarterly earnings data on Thursday, January 15th. The specialty chemicals company reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.04. H. B. Fuller had a net margin of 4.38% and a return on equity of 12.21%. The company had revenue of $894.79 million during the quarter, compared to the consensus estimate of $901.34 million. During the same quarter in the prior year, the firm earned $0.92 earnings per share. The firm’s revenue was down 3.1% compared to the same quarter last year. On average, analysts forecast that H. B. Fuller Company will post 4.07 EPS for the current fiscal year.

H. B. Fuller Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, February 19th. Shareholders of record on Thursday, February 5th were issued a dividend of $0.235 per share. This represents a $0.94 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date was Thursday, February 5th. H. B. Fuller’s dividend payout ratio is 31.33%.

H. B. Fuller Profile

H. B. Fuller Company, founded in 1887 and headquartered in St. Paul, Minnesota, is a global adhesives and specialty chemical solutions provider serving a wide array of industries. The company develops, manufactures and markets adhesive technologies, sealants, polymers and related chemical products designed to enhance product performance, sustainability and manufacturing efficiency.

Fuller’s product portfolio spans multiple market segments, including packaging and converting, general industrial assembly, electronics, transportation, hygiene and construction.