Robert J. Martsching Sells 9,546 Shares of H. B. Fuller Company (NYSE:FUL) Stock

H. B. Fuller Company (NYSE:FUL - Get Free Report) VP Robert J. Martsching sold 9,546 shares of the business's stock in a transaction that occurred on Thursday, July 10th. The stock was sold at an average price of $64.30, for a total value 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

H. B. Fuller Trading Down 1.6%

FUL traded down $0.98 during trading hours on Monday, reaching $62.25. The company's stock had a trading volume of 397,601 shares, compared to its average volume of 395,306. The stock has a market cap of $3.36 billion, a PE ratio of 33.65, a P/E/G ratio of 1.04 and a beta of 1.12. 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 $87.67. The business's 50-day moving average is $57.09 and its 200-day moving average is $57.65.

H. B. Fuller (NYSE:FUL - Get Free Report) last announced its 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. The company had revenue of $898.10 million for the quarter, compared to analyst estimates of $894.87 million. H. B. Fuller had a return on equity of 11.50% and a net margin of 2.92%. The firm's quarterly revenue was down 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.12 earnings per share. As a group, equities research analysts predict that H. B. Fuller Company will post 4.07 earnings per share for the current fiscal year.

H. B. Fuller Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Shareholders of record on Tuesday, April 29th were given a $0.235 dividend. This is a positive change from H. B. Fuller's previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Tuesday, April 29th. This represents a $0.94 dividend on an annualized basis and a yield of 1.51%. H. B. Fuller's payout ratio is presently 50.81%.

Institutional Trading of H. B. Fuller

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Jones Financial Companies Lllp increased its position in shares of H. B. Fuller by 128.8% during the fourth 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 period. Amundi increased its position in shares of H. B. Fuller by 191.9% during the fourth quarter. Amundi now owns 28,553 shares of the specialty chemicals company's stock worth $1,804,000 after acquiring an additional 18,771 shares during the period. Quantbot Technologies LP purchased a new stake in shares of H. B. Fuller during the fourth quarter worth $266,000. KLP Kapitalforvaltning AS purchased a new stake in shares of H. B. Fuller during the fourth quarter worth $783,000. Finally, New Age Alpha Advisors LLC purchased a new stake in shares of H. B. Fuller during the fourth quarter worth $465,000. Hedge funds and other institutional investors own 95.93% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Baird R W upgraded H. B. Fuller from a "hold" rating to a "strong-buy" rating in a report on Thursday, April 17th. Robert W. Baird upped their price objective on H. B. Fuller from $60.00 to $75.00 and gave the company an "outperform" rating in a report on Friday, June 27th. Finally, JPMorgan Chase & Co. upped their price objective 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 equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price 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.