H. B. Fuller Company (NYSE:FUL) VP Sells $613,807.80 in Stock

H. B. Fuller Company (NYSE:FUL - Get Free Report) VP Robert J. Martsching sold 9,546 shares of H. B. Fuller stock in a transaction that occurred on Thursday, July 10th. The shares were sold at an average price of $64.30, for a total value of $613,807.80. Following the sale, the vice president directly owned 14,980 shares in the company, valued at $963,214. This trade represents a 38.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

H. B. Fuller Price Performance

NYSE FUL traded down $0.87 during trading on Friday, hitting $63.19. 437,033 shares of the stock traded hands, compared to its average volume of 395,448. The company has a market capitalization of $3.41 billion, a P/E ratio of 34.16, a price-to-earnings-growth ratio of 1.05 and a beta of 1.12. The company has a quick ratio of 1.15, a current ratio of 1.87 and a debt-to-equity ratio of 1.13. The firm has a 50-day simple moving average of $57.09 and a 200-day simple moving average of $57.80. H. B. Fuller Company has a 12-month low of $47.56 and a 12-month high of $87.67.

H. B. Fuller (NYSE:FUL - Get Free Report) last announced its earnings results on Wednesday, June 25th. The specialty chemicals company reported $1.18 EPS for the quarter, topping analysts' consensus estimates of $1.10 by $0.08. The firm had revenue of $898.10 million during the quarter, compared to analysts' expectations of $894.87 million. H. B. Fuller had a return on equity of 11.50% and a net margin of 2.92%. The company's quarterly revenue was down 2.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.12 EPS. As a group, analysts predict that H. B. Fuller Company will post 4.07 EPS for the current year.

H. B. Fuller Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Tuesday, April 29th were issued a $0.235 dividend. This is a boost from H. B. Fuller's previous quarterly dividend of $0.22. The ex-dividend date was Tuesday, April 29th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 1.49%. H. B. Fuller's payout ratio is 50.81%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Robert W. Baird lifted their target price on H. B. Fuller from $60.00 to $75.00 and gave the company an "outperform" rating in a research note on Friday, June 27th. Baird R W raised H. B. Fuller from a "hold" rating to a "strong-buy" rating in a research note on Thursday, April 17th. Finally, JPMorgan Chase & Co. raised their price target on H. B. Fuller from $50.00 to $54.00 and gave the company an "underweight" rating in a report on Friday, June 27th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, H. B. Fuller has an average rating of "Hold" and a consensus target price of $67.25.

Hedge Funds Weigh In On H. B. Fuller

A number of institutional investors and hedge funds have recently modified their holdings of FUL. Parallel Advisors LLC lifted its stake in shares of H. B. Fuller by 141.6% during the 2nd quarter. Parallel Advisors LLC now owns 534 shares of the specialty chemicals company's stock worth $32,000 after acquiring an additional 313 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in shares of H. B. Fuller by 128.8% during the 4th quarter. Jones Financial Companies Lllp now owns 899 shares of the specialty chemicals company's stock worth $61,000 after acquiring an additional 506 shares during the last quarter. Sterling Capital Management LLC lifted its stake in shares of H. B. Fuller by 731.1% during the 4th quarter. Sterling Capital Management LLC now owns 1,255 shares of the specialty chemicals company's stock worth $85,000 after acquiring an additional 1,104 shares during the last quarter. Neuberger Berman Group LLC lifted its stake in shares of H. B. Fuller by 25.4% during the 1st quarter. Neuberger Berman Group LLC now owns 6,538 shares of the specialty chemicals company's stock worth $367,000 after acquiring an additional 1,323 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in shares of H. B. Fuller by 13.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 11,324 shares of the specialty chemicals company's stock worth $705,000 after acquiring an additional 1,386 shares during the last quarter. Hedge funds and other institutional investors own 95.93% of the company's stock.

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.