H. B. Fuller (NYSE:FUL) Share Price Passes Above 200-Day Moving Average - Should You Sell?

Key Points

• H. B. Fuller shares have crossed above their 200-day moving average, currently trading at $63.80 with a volume of 519,466 shares.
• Equities analysts have mixed ratings on H. B. Fuller, with a consensus rating of "Hold" and an average price target of $67.25.
• The company recently reported $1.18 earnings per share, exceeding analysts' expectations, alongside a quarterly revenue of $898.10 million.

H. B. Fuller Company (NYSE:FUL - Get Free Report) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $56.92 and traded as high as $63.81. H. B. Fuller shares last traded at $63.80, with a volume of 519,466 shares traded.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on FUL. JPMorgan Chase & Co. increased their price objective on H. B. Fuller from $50.00 to $54.00 and gave the stock an "underweight" rating in a research note on Friday, June 27th. Robert W. Baird increased their target price on shares of H. B. Fuller from $60.00 to $75.00 and gave the company an "outperform" rating in a report on Friday, June 27th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $67.25.

H. B. Fuller Trading Up 0.7%

The firm's 50 day moving average is $60.01 and its 200 day moving average is $57.03. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.87 and a quick ratio of 1.15. The company has a market cap of $3.37 billion, a PE ratio of 33.81, a PEG ratio of 1.02 and a beta of 1.14.

H. B. Fuller (NYSE:FUL - Get Free Report) last posted its earnings results on Wednesday, June 25th. The specialty chemicals company reported $1.18 EPS for the quarter, topping the consensus estimate of $1.10 by $0.08. H. B. Fuller had a return on equity of 11.50% and a net margin of 2.92%.The business had revenue of $898.10 million during the quarter, compared to analysts' expectations of $894.87 million. During the same period in the previous year, the business earned $1.12 earnings per share. The firm's revenue was down 2.1% on a year-over-year basis. H. B. Fuller has set its FY 2025 guidance at 4.100-4.30 EPS. On average, equities analysts anticipate that H. B. Fuller Company will post 4.07 earnings per share for the current 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 $0.235 dividend. This represents a $0.94 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Thursday, July 31st. H. B. Fuller's payout ratio is currently 50.81%.

Insider Buying and Selling

In related news, VP Joao Magalhaes sold 1,099 shares of the company's stock in a transaction on Friday, August 8th. The shares were sold at an average price of $56.31, for a total value of $61,884.69. Following the completion of the transaction, the vice president directly owned 3,285 shares in the company, valued at approximately $184,978.35. The trade was a 25.07% 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. Also, VP Robert J. Martsching sold 9,546 shares of the company's stock in a transaction on Thursday, July 10th. The stock was sold at an average price of $64.30, for a total transaction of $613,807.80. Following the completion of the transaction, the vice president owned 14,980 shares of the company's stock, valued at $963,214. This trade represents a 38.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 11,691 shares of company stock valued at $734,478. Corporate insiders own 1.99% of the company's stock.

Institutional Trading of H. B. Fuller

Several hedge funds and other institutional investors have recently bought and sold shares of FUL. Norges Bank purchased a new stake in H. B. Fuller in the second quarter worth approximately $40,584,000. Cooke & Bieler LP purchased a new stake in H. B. Fuller during the first quarter valued at about $36,830,000. Jane Street Group LLC boosted its position in H. B. Fuller by 128.0% during the second quarter. Jane Street Group LLC now owns 217,307 shares of the specialty chemicals company's stock valued at $13,071,000 after buying an additional 122,007 shares during the period. Cubist Systematic Strategies LLC purchased a new stake in H. B. Fuller during the second quarter valued at about $7,279,000. Finally, JPMorgan Chase & Co. boosted its holdings in H. B. Fuller by 16.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 612,048 shares of the specialty chemicals company's stock valued at $36,815,000 after acquiring an additional 85,469 shares during the period. 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.