H. B. Fuller (NYSE:FUL) Director Buys $99,240.00 in Stock

H. B. Fuller Company (NYSE:FUL) Director Michael Happe bought 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 29th. The stock was bought at an average price of $49.62 per share, for a total transaction of $99,240.00. Following the completion of the acquisition, the director directly owned 3,343 shares in the company, valued at approximately $165,879.66. The trade was a 148.92% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

H. B. Fuller Trading Up 0.1%

Shares of NYSE FUL opened at $50.28 on Friday. H. B. Fuller Company has a 12 month low of $46.70 and a 12 month high of $68.63. The company has a market cap of $2.71 billion, a price-to-earnings ratio of 14.00, a P/E/G ratio of 0.62 and a beta of 0.99. The company has a quick ratio of 1.10, a current ratio of 1.82 and a debt-to-equity ratio of 0.95. The business has a fifty day simple moving average of $55.13 and a 200-day simple moving average of $58.13.

H. B. Fuller (NYSE:FUL) last issued its quarterly earnings results on Thursday, September 24th. The specialty chemicals company reported $1.52 earnings per share for the quarter, topping analysts’ consensus estimates of $1.47 by $0.05. The firm had revenue of $938.17 million for 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%.H. B. Fuller’s revenue was up 5.2% on a year-over-year basis. During the same quarter last year, the business posted $1.26 EPS. Sell-side analysts predict that H. B. Fuller Company will post 4.88 EPS for the current year.

H. B. Fuller Dividend Announcement

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 given a $0.2450 dividend. This represents a $0.98 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Thursday, October 15th. H. B. Fuller’s dividend payout ratio (DPR) is 27.30%.

Institutional Trading of H. B. Fuller

Hedge funds and other institutional investors have recently modified their holdings of the company. Dimensional Fund Advisors LP increased its position 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 worth $160,854,000 after purchasing an additional 132,558 shares during the last quarter. Norges Bank acquired a new stake in shares of H. B. Fuller during the 4th quarter valued at about $44,203,000. Royal Bank of Canada lifted its holdings in shares of 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 valued at $41,681,000 after buying an additional 651,585 shares during the last quarter. Kennedy Capital Management LLC grew its stake in shares of H. B. Fuller by 43.4% in the 4th 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 grew its stake in shares of H. B. Fuller by 36.3% in the 1st 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. 95.93% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

FUL has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft reduced their price target on shares of H. B. Fuller from $72.00 to $62.00 and set a “buy” rating for the company in a research report on Tuesday, September 29th. UBS Group set a $69.00 target price on shares of H. B. Fuller in a research note on Friday, June 26th. The Goldman Sachs Group set a $67.00 target price on H. B. Fuller in a report on Friday, June 26th. Raymond James Financial set a $67.00 target price on H. B. Fuller in a research report on Friday, June 26th. Finally, Citigroup lowered their price target on H. B. Fuller from $75.00 to $63.00 and set a “buy” rating on the stock in a report on Monday, September 28th. One equities 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 company’s stock. According to MarketBeat.com, H. B. Fuller currently 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

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.