Xinyu Du Sells 240 Shares of H.B. Fuller (NYSE:FUL) Stock

H.B. Fuller (NYSE:FUL) VP Xinyu Du sold 240 shares of the company’s stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $63.73, for a total transaction of $15,295.20. Following the sale, the vice president now owns 2,323 shares in the company, valued at $148,044.79. The trade was a 9.36 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

H.B. Fuller Price Performance

Shares of NYSE FUL opened at $63.51 on Friday. The stock’s 50-day simple moving average is $68.54 and its two-hundred day simple moving average is $75.85. H.B. Fuller has a twelve month low of $60.96 and a twelve month high of $87.67. The firm has a market capitalization of $3.47 billion, a P/E ratio of 27.49, a P/E/G ratio of 1.18 and a beta of 1.43. The company has a quick ratio of 1.16, a current ratio of 1.81 and a debt-to-equity ratio of 1.10.

H.B. Fuller (NYSE:FUL) last posted its quarterly earnings data on Wednesday, January 15th. The specialty chemicals company reported $0.92 earnings per share for the quarter, missing the consensus estimate of $1.00 by ($0.08). H.B. Fuller had a return on equity of 12.01% and a net margin of 3.65%. The company had revenue of $923.00 million during the quarter, compared to the consensus estimate of $916.84 million. During the same quarter last year, the company posted $1.32 earnings per share. The firm’s revenue for the quarter was up 2.2% on a year-over-year basis. As a group, equities analysts anticipate that H.B. Fuller will post 4.07 EPS for the current fiscal year.

H.B. Fuller Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 20th. Investors of record on Thursday, February 6th will be given a $0.2225 dividend. The ex-dividend date of this dividend is Thursday, February 6th. This represents a $0.89 annualized dividend and a yield of 1.40%. H.B. Fuller’s dividend payout ratio (DPR) is presently 38.53%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. JPMorgan Chase & Co. dropped their target price on H.B. Fuller from $70.00 to $60.00 and set an “underweight” rating on the stock in a research report on Friday, January 17th. Vertical Research cut H.B. Fuller from a “buy” rating to a “hold” rating in a report on Monday, January 6th. Citigroup reduced their target price on H.B. Fuller from $78.00 to $68.00 and set a “neutral” rating for the company in a report on Friday, January 3rd. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on shares of H.B. Fuller from $75.00 to $72.00 and set a “buy” rating on the stock in a report on Wednesday, January 22nd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $75.60.

Institutional Investors Weigh In On H.B. Fuller

Large investors have recently added to or reduced their stakes in the company. Lord Abbett & CO. LLC increased its position in shares of H.B. Fuller by 79.8% during the 3rd quarter. Lord Abbett & CO. LLC now owns 730,058 shares of the specialty chemicals company’s stock valued at $57,952,000 after purchasing an additional 324,056 shares during the last quarter. Geode Capital Management LLC boosted its stake in H.B. Fuller by 1.5% in the third quarter. Geode Capital Management LLC now owns 1,258,752 shares of the specialty chemicals company’s stock worth $99,939,000 after buying an additional 18,734 shares in the last quarter. Wesbanco Bank Inc. grew its position in H.B. Fuller by 41.2% during the fourth quarter. Wesbanco Bank Inc. now owns 13,700 shares of the specialty chemicals company’s stock valued at $924,000 after acquiring an additional 4,000 shares during the last quarter. Finally, S&CO Inc. raised its stake in shares of H.B. Fuller by 0.3% during the third quarter. S&CO Inc. now owns 267,192 shares of the specialty chemicals company’s stock worth $21,209,000 after acquiring an additional 920 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, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, additives, and other specialty chemical products. It operates through three segments: Hygiene, Health and Consumable Adhesives; Engineering Adhesives; and Construction Adhesives.