Fieldview Capital Management LLC Sells 10,276 Shares of H. B. Fuller Company $FUL

Fieldview Capital Management LLC cut its holdings in shares of H. B. Fuller Company (NYSE:FUL) by 31.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 22,091 shares of the specialty chemicals company’s stock after selling 10,276 shares during the period. Fieldview Capital Management LLC’s holdings in H. B. Fuller were worth $1,310,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Cooke & Bieler LP lifted its stake in H. B. Fuller by 94.9% in the third quarter. Cooke & Bieler LP now owns 1,481,030 shares of the specialty chemicals company’s stock worth $87,795,000 after acquiring an additional 721,100 shares during the period. Norges Bank purchased a new position in H. B. Fuller during the 2nd quarter valued at $40,584,000. Cramer Rosenthal Mcglynn LLC raised its holdings in H. B. Fuller by 287.2% in the 3rd quarter. Cramer Rosenthal Mcglynn LLC now owns 371,650 shares of the specialty chemicals company’s stock worth $22,031,000 after purchasing an additional 275,654 shares in the last quarter. Deprince Race & Zollo Inc. lifted its position in shares of H. B. Fuller by 80.4% in the 3rd quarter. Deprince Race & Zollo Inc. now owns 555,877 shares of the specialty chemicals company’s stock worth $32,952,000 after purchasing an additional 247,815 shares during the period. Finally, Jane Street Group LLC lifted its position in shares of H. B. Fuller by 128.0% in the 2nd quarter. Jane Street Group LLC now owns 217,307 shares of the specialty chemicals company’s stock worth $13,071,000 after purchasing an additional 122,007 shares during the period. Institutional investors own 95.93% of the company’s stock.

Analysts Set New Price Targets

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

H. B. Fuller Trading Down 0.4%

NYSE FUL opened at $58.51 on Tuesday. H. B. Fuller Company has a 12 month low of $47.56 and a 12 month high of $68.63. The company has a current ratio of 1.70, a quick ratio of 1.06 and a debt-to-equity ratio of 1.01. The stock’s fifty day moving average price is $63.19 and its 200-day moving average price is $60.71. The stock has a market cap of $3.19 billion, a P/E ratio of 19.50, a P/E/G ratio of 0.88 and a beta of 1.07.

H. B. Fuller (NYSE:FUL) last posted its quarterly earnings results 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 return on equity of 12.21% and a net margin of 4.38%.The firm had revenue of $894.79 million during the quarter, compared to analyst estimates of $901.34 million. During the same quarter in the previous year, the firm earned $0.92 EPS. H. B. Fuller’s quarterly revenue was down 3.1% compared to the same quarter last year. As a group, equities 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. Stockholders of record on Thursday, February 5th were paid a $0.235 dividend. This represents a $0.94 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Thursday, February 5th. H. B. Fuller’s dividend payout ratio is currently 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.