H. B. Fuller (NYSE:FUL) Director Buys $23,017.50 in Stock

H. B. Fuller Company (NYSE:FUL) Director Celine Martin purchased 465 shares of the company’s stock in a transaction that occurred on Wednesday, September 30th. The stock was bought at an average price of $49.50 per share, for a total transaction of $23,017.50. Following the transaction, the director directly owned 465 shares in the company, valued at $23,017.50. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

H. B. Fuller Stock Up 0.1%

H. B. Fuller stock opened at $50.28 on Friday. The stock has a 50 day moving average of $55.13 and a two-hundred day moving average of $58.13. H. B. Fuller Company has a twelve month low of $46.70 and a twelve month high of $68.63. The stock 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. The company has a current ratio of 1.82, a quick ratio of 1.10 and a debt-to-equity ratio of 0.95.

H. B. Fuller (NYSE:FUL) last released its earnings results on Thursday, September 24th. The specialty chemicals company reported $1.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.05. H. B. Fuller had a return on equity of 12.65% and a net margin of 5.56%.The business had revenue of $938.17 million for the quarter, compared to analyst estimates of $945.59 million. During the same quarter in the previous year, the company posted $1.26 earnings per share. The company’s revenue for the quarter was up 5.2% compared to the same quarter last year. As a group, research analysts expect that H. B. Fuller Company will post 4.88 earnings per share for the current year.

H. B. Fuller Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 29th. Stockholders of record on Thursday, October 15th will be paid a $0.2450 dividend. This represents a $0.98 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Thursday, October 15th. H. B. Fuller’s dividend payout ratio (DPR) is 27.30%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on FUL. Raymond James Financial set a $67.00 price target on shares of H. B. Fuller in a report on Friday, June 26th. JPMorgan Chase & Co. reduced their price target on H. B. Fuller from $67.00 to $66.00 and set an “overweight” rating for the company in a report on Monday, September 28th. The Goldman Sachs Group set a $67.00 price target on H. B. Fuller in a research note on Friday, June 26th. Wall Street Zen cut H. B. Fuller from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 25th. Finally, Zacks Research downgraded H. B. Fuller from a “strong-buy” rating to a “hold” rating in a report on Friday, September 18th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $64.62.

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

Institutional Investors Weigh In On H. B. Fuller

Several institutional investors have recently modified their holdings of the company. Dimensional Fund Advisors LP increased its stake in H. B. Fuller by 5.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,608,006 shares of the specialty chemicals company’s stock valued at $160,854,000 after purchasing an additional 132,558 shares in the last quarter. Norges Bank purchased a new stake in H. B. Fuller during the fourth quarter worth $44,203,000. Royal Bank of Canada grew its holdings in H. B. Fuller by 2,694.7% in the first quarter. Royal Bank of Canada now owns 675,765 shares of the specialty chemicals company’s stock valued at $41,681,000 after purchasing an additional 651,585 shares during the last quarter. Kennedy Capital Management LLC increased its position in shares of H. B. Fuller by 43.4% in the fourth quarter. Kennedy Capital Management LLC now owns 630,194 shares of the specialty chemicals company’s stock valued at $37,471,000 after buying an additional 190,750 shares in the last quarter. Finally, Bank of America Corp DE increased its position in shares of H. B. Fuller by 36.3% in the first quarter. Bank of America Corp DE now owns 513,163 shares of the specialty chemicals company’s stock valued at $31,652,000 after buying an additional 136,666 shares in the last quarter. Hedge funds and other institutional investors own 95.93% of the company’s stock.

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.