Fox Run Management L.L.C. Grows Stake in H. B. Fuller Company $FUL

Fox Run Management L.L.C. grew its position in H. B. Fuller Company (NYSE:FUL) by 92.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,292 shares of the specialty chemicals company’s stock after purchasing an additional 8,806 shares during the quarter. Fox Run Management L.L.C.’s holdings in H. B. Fuller were worth $1,088,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Capital World Investors grew its holdings in H. B. Fuller by 0.5% in the third quarter. Capital World Investors now owns 2,583,213 shares of the specialty chemicals company’s stock worth $153,133,000 after purchasing an additional 12,720 shares during the last quarter. Cooke & Bieler LP grew its holdings in H. B. Fuller by 13.3% in the fourth quarter. Cooke & Bieler LP now owns 1,677,674 shares of the specialty chemicals company’s stock worth $99,754,000 after purchasing an additional 196,644 shares during the last quarter. UBS Group AG grew its holdings in H. B. Fuller by 35.0% in the fourth quarter. UBS Group AG now owns 1,108,261 shares of the specialty chemicals company’s stock worth $65,897,000 after purchasing an additional 287,390 shares during the last quarter. Wellington Management Group LLP grew its holdings in shares of H. B. Fuller by 3.6% during the third quarter. Wellington Management Group LLP now owns 976,005 shares of the specialty chemicals company’s stock valued at $57,858,000 after buying an additional 33,522 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in shares of H. B. Fuller by 52.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 820,255 shares of the specialty chemicals company’s stock valued at $48,772,000 after buying an additional 281,707 shares during the last quarter. 95.93% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on FUL shares. JPMorgan Chase & Co. raised shares of H. B. Fuller from an “underweight” rating to a “neutral” rating and set a $58.00 price objective on the stock in a report on Wednesday, May 27th. Vertical Research raised shares of H. B. Fuller from a “hold” rating to a “strong-buy” rating in a report on Friday, March 27th. UBS Group set a $58.00 price objective on shares of H. B. Fuller in a report on Wednesday, May 27th. Citigroup boosted their price objective on shares of H. B. Fuller from $67.00 to $70.00 and gave the company a “buy” rating in a report on Monday, March 30th. Finally, Royal Bank Of Canada set a $58.00 price objective on shares of H. B. Fuller in a report on Wednesday, May 27th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, H. B. Fuller currently has an average rating of “Moderate Buy” and an average price target of $63.80.

Insider Buying and Selling at H. B. Fuller

In other news, CEO Celeste Beeks Mastin acquired 5,170 shares of the firm’s stock in a transaction on Tuesday, April 7th. The stock was acquired at an average price of $57.08 per share, for a total transaction of $295,103.60. Following the completion of the transaction, the chief executive officer owned 8,670 shares in the company, valued at approximately $494,883.60. The trade was a 147.71% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.83% of the company’s stock.

H. B. Fuller Price Performance

NYSE:FUL opened at $62.09 on Wednesday. H. B. Fuller Company has a one year low of $48.71 and a one year high of $68.63. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.15 and a current ratio of 1.92. The firm has a market cap of $3.38 billion, a price-to-earnings ratio of 20.49, a PEG ratio of 0.79 and a beta of 0.96. The firm’s fifty day moving average is $61.06 and its two-hundred day moving average is $60.79.

H. B. Fuller (NYSE:FUL) last issued its quarterly earnings data on Thursday, March 26th. The specialty chemicals company reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.01. The business had revenue of $770.84 million during the quarter, compared to the consensus estimate of $787.77 million. H. B. Fuller had a net margin of 4.62% and a return on equity of 11.84%. The company’s revenue was down 2.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.54 earnings per share. Research analysts expect that H. B. Fuller Company will post 4.77 EPS for the current year.

H. B. Fuller Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Thursday, April 30th were given a $0.245 dividend. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.6%. This is an increase from H. B. Fuller’s previous quarterly dividend of $0.24. The ex-dividend date was Thursday, April 30th. H. B. Fuller’s payout ratio is currently 32.34%.

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.