Kennedy Capital Management LLC Grows Stock Holdings in H. B. Fuller Company $FUL

Key Points

• Kennedy Capital Management increased its stake in H.B. Fuller by 131.2% in Q3 to 439,444 shares (about 0.81% of the company), valuing the position at roughly $26.05 million and making FUL its 23rd largest holding.
• H.B. Fuller posted Q EPS of $1.28 (beating estimates by $0.04) while revenue fell 3.1% year‑over‑year, and the company pays a quarterly dividend that annualizes to $0.94 (≈1.7% yield).
• Analyst coverage is mixed (three Buys, two Holds, one Sell), leaving a MarketBeat consensus rating of "Hold" with an average price target near $67.75.

Kennedy Capital Management LLC increased its position in shares of H. B. Fuller Company (NYSE:FUL - Free Report) by 131.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 439,444 shares of the specialty chemicals company's stock after purchasing an additional 249,350 shares during the period. H. B. Fuller accounts for approximately 0.6% of Kennedy Capital Management LLC's portfolio, making the stock its 23rd largest position. Kennedy Capital Management LLC owned 0.81% of H. B. Fuller worth $26,050,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of FUL. Salomon & Ludwin LLC acquired a new position in shares of H. B. Fuller during the 3rd quarter worth about $28,000. Covestor Ltd lifted its stake in H. B. Fuller by 22,833.3% during the third quarter. Covestor Ltd now owns 688 shares of the specialty chemicals company's stock worth $41,000 after purchasing an additional 685 shares during the last quarter. TD Waterhouse Canada Inc. acquired a new position in H. B. Fuller in the third quarter valued at approximately $47,000. AdvisorNet Financial Inc boosted its holdings in H. B. Fuller by 160.8% in the third quarter. AdvisorNet Financial Inc now owns 845 shares of the specialty chemicals company's stock valued at $50,000 after purchasing an additional 521 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in H. B. Fuller by 129.8% in the second quarter. EverSource Wealth Advisors LLC now owns 1,218 shares of the specialty chemicals company's stock valued at $73,000 after purchasing an additional 688 shares during the last quarter. 95.93% of the stock is currently owned by institutional investors and hedge funds.

H. B. Fuller Stock Performance

Shares of NYSE:FUL traded down $0.44 on Friday, reaching $54.86. The company's stock had a trading volume of 55,151 shares, compared to its average volume of 469,875. The stock's 50-day moving average is $63.02 and its two-hundred day moving average is $60.63. H. B. Fuller Company has a 52-week low of $47.56 and a 52-week high of $68.63. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.70 and a quick ratio of 1.06. The stock has a market capitalization of $2.99 billion, a P/E ratio of 18.29, a PEG ratio of 0.86 and a beta of 1.07.

H. B. Fuller (NYSE:FUL - Get Free Report) last released its quarterly earnings results on Thursday, January 15th. The specialty chemicals company reported $1.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.24 by $0.04. The firm had revenue of $894.79 million for the quarter, compared to analyst estimates of $901.34 million. H. B. Fuller had a return on equity of 12.21% and a net margin of 4.38%.The business's revenue was down 3.1% on a year-over-year basis. During the same quarter last year, the company posted $0.92 earnings per share. As a group, sell-side analysts forecast that H. B. Fuller Company will post 4.07 EPS for the current year.

H. B. Fuller Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 19th. Stockholders of record on Thursday, February 5th were paid a dividend of $0.235 per share. This represents a $0.94 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Thursday, February 5th. H. B. Fuller's dividend payout ratio is 31.33%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on FUL shares. UBS Group set a $66.00 price objective on shares of H. B. Fuller in a research report on Friday, January 16th. Citigroup lifted their price target on shares of H. B. Fuller from $70.00 to $76.00 and gave the stock a "buy" rating in a research note on Friday, January 16th. Wall Street Zen raised shares of H. B. Fuller from a "hold" rating to a "buy" rating in a research report on Saturday, February 14th. Weiss Ratings restated a "hold (c)" rating on shares of H. B. Fuller in a research note on Monday, December 29th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of H. B. Fuller in a report on Friday, January 16th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, H. B. Fuller currently has a consensus rating of "Hold" and a consensus price target of $67.75.

About H. B. Fuller

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.

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