Quantbot Technologies LP Raises Stock Position in H. B. Fuller Company $FUL

Key Points

• Quantbot Technologies LP significantly increased its stake in H. B. Fuller Company by 612.4%, holding a total of 28,083 shares valued at approximately $1.58 million by the end of the first quarter.
• Analysts have mixed ratings for H. B. Fuller, with one Strong Buy, two Buy, three Hold, and one Sell rating, and a consensus price target set at $67.25.
• H. B. Fuller recently declared a quarterly dividend of $0.235 per share, yielding about 1.5%, with a payout ratio of 50.81%.

Quantbot Technologies LP raised its stake in H. B. Fuller Company (NYSE:FUL - Free Report) by 612.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,083 shares of the specialty chemicals company's stock after buying an additional 24,141 shares during the period. Quantbot Technologies LP owned about 0.05% of H. B. Fuller worth $1,576,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the stock. Neuberger Berman Group LLC lifted its position in shares of H. B. Fuller by 25.4% in the 1st quarter. Neuberger Berman Group LLC now owns 6,538 shares of the specialty chemicals company's stock worth $367,000 after purchasing an additional 1,323 shares during the period. Entropy Technologies LP purchased a new stake in shares of H. B. Fuller in the 1st quarter worth approximately $581,000. Neo Ivy Capital Management purchased a new stake in shares of H. B. Fuller in the 1st quarter worth approximately $990,000. MetLife Investment Management LLC lifted its position in shares of H. B. Fuller by 4.7% in the 4th quarter. MetLife Investment Management LLC now owns 33,058 shares of the specialty chemicals company's stock worth $2,231,000 after purchasing an additional 1,472 shares during the period. Finally, Cooke & Bieler LP purchased a new stake in shares of H. B. Fuller in the 1st quarter worth approximately $36,830,000. 95.93% of the stock is owned by hedge funds and other institutional investors.

H. B. Fuller Stock Performance

H. B. Fuller stock traded down $0.81 during mid-day trading on Thursday, reaching $60.86. 25,673 shares of the company traded hands, compared to its average volume of 467,652. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.87 and a quick ratio of 1.15. H. B. Fuller Company has a fifty-two week low of $47.56 and a fifty-two week high of $85.89. The company has a market capitalization of $3.28 billion, a price-to-earnings ratio of 32.90, a price-to-earnings-growth ratio of 1.01 and a beta of 1.13. The firm's fifty day moving average is $59.48 and its two-hundred day moving average is $56.79.

H. B. Fuller (NYSE:FUL - Get Free Report) last issued its quarterly earnings results on Wednesday, June 25th. The specialty chemicals company reported $1.18 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.10 by $0.08. H. B. Fuller had a net margin of 2.92% and a return on equity of 11.50%. The business had revenue of $898.10 million for the quarter, compared to analyst estimates of $894.87 million. During the same quarter in the prior year, the business posted $1.12 EPS. H. B. Fuller's revenue for the quarter was down 2.1% compared to the same quarter last year. H. B. Fuller has set its FY 2025 guidance at 4.100-4.30 EPS. On average, equities research analysts expect that H. B. Fuller Company will post 4.07 earnings per share for the current fiscal year.

H. B. Fuller Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, August 14th. Shareholders of record on Thursday, July 31st were paid a dividend of $0.235 per share. The ex-dividend date was Thursday, July 31st. This represents a $0.94 dividend on an annualized basis and a yield of 1.5%. H. B. Fuller's dividend payout ratio is presently 50.81%.

Insider Buying and Selling

In other H. B. Fuller news, VP Robert J. Martsching sold 9,546 shares of the company's stock in a transaction that occurred on Thursday, July 10th. The shares were sold at an average price of $64.30, for a total transaction of $613,807.80. Following the transaction, the vice president owned 14,980 shares in the company, valued at approximately $963,214. This represents a 38.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Joao Magalhaes sold 1,099 shares of the company's stock in a transaction that occurred on Friday, August 8th. The shares were sold at an average price of $56.31, for a total transaction of $61,884.69. Following the transaction, the vice president owned 3,285 shares in the company, valued at $184,978.35. The trade was a 25.07% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 11,691 shares of company stock worth $734,478 in the last 90 days. 1.99% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

FUL has been the subject of several research reports. JPMorgan Chase & Co. upped their price target on shares of H. B. Fuller from $50.00 to $54.00 and gave the stock an "underweight" rating in a research report on Friday, June 27th. Robert W. Baird boosted their price objective on shares of H. B. Fuller from $60.00 to $75.00 and gave the stock an "outperform" rating in a research note on Friday, June 27th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $67.25.

H. B. Fuller Company Profile

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.