H. B. Fuller (NYSE:FUL) Director Thomas Handley Purchases 2,000 Shares of Stock

Key Points

• Director Thomas Handley purchased 2,000 H. B. Fuller shares at an average price of $49.41, investing $98,820 and becoming a direct owner of the stock.
• H. B. Fuller reported quarterly EPS of $1.52, above the $1.47 consensus, while revenue rose 5.2% year over year to $938.17 million. The company also pays a $0.245 quarterly dividend, equivalent to a 2.0% annual yield.
• Analysts maintain a “Moderate Buy” consensus with a $64.62 price target, although several firms have recently reduced their targets. Investors are also evaluating activist interest in a potential $1.2 billion–$1.4 billion sale of the company’s BAS building-products unit.

H. B. Fuller Company (NYSE:FUL - Get Free Report) Director Thomas Handley bought 2,000 shares of the firm's stock in a transaction that occurred on Monday, September 28th. The shares were purchased at an average cost of $49.41 per share, with a total value of $98,820.00. Following the acquisition, the director directly owned 2,000 shares of the company's stock, valued at approximately $98,820. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

H. B. Fuller Stock Performance

FUL traded down $0.23 during trading on Wednesday, reaching $49.37. 381,550 shares of the company's stock were exchanged, compared to its average volume of 673,718. H. B. Fuller Company has a 1 year low of $46.70 and a 1 year high of $68.63. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.82 and a quick ratio of 1.10. The stock has a market capitalization of $2.66 billion, a P/E ratio of 13.79, a price-to-earnings-growth ratio of 0.54 and a beta of 0.97. The company's fifty day simple moving average is $55.47 and its 200-day simple moving average is $58.25.

H. B. Fuller (NYSE:FUL - Get Free Report) last released its quarterly earnings data on Thursday, September 24th. The specialty chemicals company reported $1.52 EPS for the quarter, beating the consensus estimate of $1.47 by $0.05. The business had revenue of $938.17 million for the quarter, compared to the consensus estimate of $945.59 million. H. B. Fuller had a net margin of 5.56% and a return on equity of 12.65%. The business's revenue for the quarter was up 5.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.26 EPS. As a group, research analysts predict that H. B. Fuller Company will post 4.83 earnings per share for the current fiscal year.

H. B. Fuller Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Investors of record on Thursday, July 30th were given a dividend of $0.2450 per share. The ex-dividend date was Thursday, July 30th. This represents a $0.98 dividend on an annualized basis and a yield of 2.0%. H. B. Fuller's payout ratio is currently 27.30%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP lifted its position in shares of H. B. Fuller by 5.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,608,006 shares of the specialty chemicals company's stock valued at $160,854,000 after buying an additional 132,558 shares in the last quarter. Norges Bank purchased a new stake in H. B. Fuller in the 4th quarter worth $44,203,000. Royal Bank of Canada raised its position in H. B. Fuller by 2,694.7% during the first quarter. Royal Bank of Canada now owns 675,765 shares of the specialty chemicals company's stock worth $41,681,000 after acquiring an additional 651,585 shares during the period. Kennedy Capital Management LLC raised its position in H. B. Fuller by 43.4% during the fourth quarter. Kennedy Capital Management LLC now owns 630,194 shares of the specialty chemicals company's stock worth $37,471,000 after acquiring an additional 190,750 shares during the period. Finally, Bank of America Corp DE lifted its holdings in H. B. Fuller by 36.3% during the first quarter. Bank of America Corp DE now owns 513,163 shares of the specialty chemicals company's stock valued at $31,652,000 after purchasing an additional 136,666 shares in the last quarter. 95.93% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Robert W. Baird decreased their price objective on H. B. Fuller from $75.00 to $65.00 and set an "outperform" rating for the company in a report on Friday, September 25th. Deutsche Bank Aktiengesellschaft reduced their price target on H. B. Fuller from $72.00 to $62.00 and set a "buy" rating for the company in a research report on Tuesday. UBS Group set a $69.00 price target on H. B. Fuller in a report on Friday, June 26th. Zacks Research lowered H. B. Fuller from a "strong-buy" rating to a "hold" rating in a research report on Friday, September 18th. Finally, Weiss Ratings cut shares of H. B. Fuller from a "hold (c)" rating to a "hold (c-)" rating in a research note on Monday, September 14th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, H. B. Fuller has a consensus rating of "Moderate Buy" and a consensus price target of $64.62.

H. B. Fuller News Roundup

Here are the key news stories impacting H. B. Fuller this week:

• Positive Sentiment: Ancora raises BAS offer: Activist investor Ancora Holdings Group reportedly increased its cash offer for H.B. Fuller’s BAS unit to approximately $1.2 billion to $1.4 billion, with backing from Fortress. A sale at that valuation could provide cash for debt reduction, shareholder returns, or investment in the company’s remaining businesses, while increasing pressure on management to evaluate strategic alternatives. Activist Ancora Raises Bid for H.B. Fuller Building Unit
• Positive Sentiment: Improved earnings and margins: H.B. Fuller reported quarterly earnings above analyst expectations, with EPS of $1.52 versus the $1.47 consensus. Revenue increased 5.2% year over year, and the latest earnings call highlighted margin strength. These results offer support for the company’s operating performance despite revenue coming in modestly below forecasts. H.B. Fuller Earnings Call Highlights Margin Strength
• Neutral Sentiment: Analysts remain constructive but reduced targets: Deutsche Bank, JPMorgan, and Citi each lowered their price targets, while retaining buy or overweight ratings. The revisions suggest analysts see upside from current levels but have moderated their expectations. JPMorgan Chase Issues Forecast for H. B. Fuller
• Neutral Sentiment: Board changes: H.B. Fuller appointed former UFP Technologies CEO R. Jeffrey Bailly to its board following Ruth Kimmelshue’s resignation. The change may add relevant leadership experience, although its near-term financial impact is unclear. H.B. Fuller Adds Former UFP Technologies CEO to Its Board
• Negative Sentiment: Strategic uncertainty remains: The BAS proposal is activist-driven and has not been identified as a completed transaction. Investors must still weigh execution, valuation, regulatory, and negotiation risks, while the repeated analyst target cuts indicate ongoing caution about H.B. Fuller’s outlook.

H. B. Fuller Company Profile

H.B. Fuller Company NYSE: FUL develops and manufactures specialty adhesives, sealants and other chemical-based products used in industrial and commercial applications. Its solutions help customers bond, seal, coat and assemble materials across a range of products and manufacturing processes.

The company serves markets including packaging, hygiene and disposable products, construction, transportation, electronics, durable assembly, woodworking, flooring, composites and renewable energy.

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