H. B. Fuller (NYSE:FUL) Director Buys $100,160.20 in Stock

H. B. Fuller Company (NYSE:FUL) Director Daniel Florness bought 2,030 shares of the stock in a transaction dated Monday, September 28th. The shares were purchased at an average cost of $49.34 per share, for a total transaction of $100,160.20. Following the completion of the purchase, the director owned 3,381 shares in the company, valued at approximately $166,818.54. This represents a 150.26% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

H. B. Fuller Price Performance

Shares of NYSE FUL traded down $0.23 during midday trading on Wednesday, hitting $49.37. The stock had a trading volume of 381,550 shares, compared to its average volume of 673,718. The company has a quick ratio of 1.10, a current ratio of 1.82 and a debt-to-equity ratio of 0.95. H. B. Fuller Company has a 1 year low of $46.70 and a 1 year high of $68.63. The company has a market capitalization of $2.66 billion, a PE ratio of 13.79, a P/E/G ratio of 0.54 and a beta of 0.97. The stock has a 50 day simple moving average of $55.47 and a 200-day simple moving average of $58.25.

H. B. Fuller (NYSE:FUL) last posted its quarterly earnings results on Thursday, September 24th. The specialty chemicals company reported $1.52 EPS for the quarter, beating the consensus estimate of $1.47 by $0.05. The firm had revenue of $938.17 million during the quarter, compared to analysts’ expectations of $945.59 million. H. B. Fuller had a return on equity of 12.65% and a net margin of 5.56%.The business’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same quarter last year, the firm earned $1.26 earnings per share. On average, sell-side analysts expect that H. B. Fuller Company will post 4.83 EPS for the current fiscal year.

H. B. Fuller Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Thursday, July 30th were given a $0.2450 dividend. This represents a $0.98 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Thursday, July 30th. H. B. Fuller’s dividend payout ratio (DPR) is currently 27.30%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on FUL. The Goldman Sachs Group set a $67.00 price objective on H. B. Fuller in a report on Friday, June 26th. Zacks Research downgraded H. B. Fuller from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 18th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of H. B. Fuller from $72.00 to $62.00 and set a “buy” rating on the stock in a research note on Tuesday. Citigroup dropped their price objective on shares of H. B. Fuller from $75.00 to $63.00 and set a “buy” rating for the company in a research note on Monday. Finally, JPMorgan Chase & Co. dropped their price objective on shares of H. B. Fuller from $67.00 to $66.00 and set an “overweight” rating for the company in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, H. B. Fuller has a consensus rating of “Moderate Buy” and a consensus target price of $64.62.

H. B. Fuller News Roundup

Here are the key news stories impacting H. B. Fuller this week:

• Positive Sentiment: Ancora raises BAS offer: Activist investor Ancora Holdings Group reportedly increased its cash offer for H.B. Fuller’s BAS unit to approximately $1.2 billion to $1.4 billion, with backing from Fortress. A sale at that valuation could provide cash for debt reduction, shareholder returns, or investment in the company’s remaining businesses, while increasing pressure on management to evaluate strategic alternatives. Activist Ancora Raises Bid for H.B. Fuller Building Unit
• Positive Sentiment: Improved earnings and margins: H.B. Fuller reported quarterly earnings above analyst expectations, with EPS of $1.52 versus the $1.47 consensus. Revenue increased 5.2% year over year, and the latest earnings call highlighted margin strength. These results offer support for the company’s operating performance despite revenue coming in modestly below forecasts. H.B. Fuller Earnings Call Highlights Margin Strength
• Neutral Sentiment: Analysts remain constructive but reduced targets: Deutsche Bank, JPMorgan, and Citi each lowered their price targets, while retaining buy or overweight ratings. The revisions suggest analysts see upside from current levels but have moderated their expectations. JPMorgan Chase Issues Forecast for H. B. Fuller
• Neutral Sentiment: Board changes: H.B. Fuller appointed former UFP Technologies CEO R. Jeffrey Bailly to its board following Ruth Kimmelshue’s resignation. The change may add relevant leadership experience, although its near-term financial impact is unclear. H.B. Fuller Adds Former UFP Technologies CEO to Its Board
• Negative Sentiment: Strategic uncertainty remains: The BAS proposal is activist-driven and has not been identified as a completed transaction. Investors must still weigh execution, valuation, regulatory, and negotiation risks, while the repeated analyst target cuts indicate ongoing caution about H.B. Fuller’s outlook.

Hedge Funds Weigh In On H. B. Fuller

Large investors have recently made changes to their positions in the business. Norges Bank acquired a new stake in shares of H. B. Fuller in the 4th quarter valued at $44,203,000. Royal Bank of Canada lifted its position in H. B. Fuller by 2,694.7% during the 1st quarter. Royal Bank of Canada now owns 675,765 shares of the specialty chemicals company’s stock worth $41,681,000 after buying an additional 651,585 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of H. B. Fuller in the 2nd quarter valued at $29,611,000. Verition Fund Management LLC lifted its position in H. B. Fuller by 1,379.5% during the 4th quarter. Verition Fund Management LLC now owns 383,955 shares of the specialty chemicals company’s stock valued at $22,830,000 after purchasing an additional 358,003 shares during the period. Finally, S&CO Inc. acquired a new stake in H. B. Fuller during the 2nd quarter worth $14,093,000. Institutional investors and hedge funds own 95.93% of the company’s stock.

About H. B. Fuller

H.B. Fuller Company (NYSE: FUL) develops and manufactures specialty adhesives, sealants and other chemical-based products used in industrial and commercial applications. Its solutions help customers bond, seal, coat and assemble materials across a range of products and manufacturing processes.

The company serves markets including packaging, hygiene and disposable products, construction, transportation, electronics, durable assembly, woodworking, flooring, composites and renewable energy.