Nathan D. Weaver Sells 7,292 Shares of H.B. Fuller (NYSE:FUL) Stock

H.B. Fuller (NYSE:FUL - Get Free Report) VP Nathan D. Weaver sold 7,292 shares of H.B. Fuller stock in a transaction on Tuesday, April 9th. The stock was sold at an average price of $78.64, for a total transaction of $573,442.88. Following the transaction, the vice president now directly owns 4,803 shares of the company's stock, valued at approximately $377,707.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

H.B. Fuller Stock Down 2.1 %

Shares of NYSE:FUL traded down $1.68 during trading on Wednesday, reaching $76.97. 297,172 shares of the stock were exchanged, compared to its average volume of 297,775. The stock has a fifty day moving average of $78.51 and a two-hundred day moving average of $76.05. H.B. Fuller has a 1-year low of $62.57 and a 1-year high of $84.31. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.99 and a quick ratio of 1.23. The firm has a market cap of $4.19 billion, a price-to-earnings ratio of 27.99, a price-to-earnings-growth ratio of 1.24 and a beta of 1.52.

H.B. Fuller (NYSE:FUL - Get Free Report) last released its quarterly earnings data on Wednesday, March 27th. The specialty chemicals company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.03. The firm had revenue of $810.42 million for the quarter, compared to the consensus estimate of $823.04 million. H.B. Fuller had a net margin of 4.39% and a return on equity of 12.88%. The business's revenue was up .2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.55 earnings per share. Research analysts anticipate that H.B. Fuller will post 4.32 earnings per share for the current fiscal year.

H.B. Fuller Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 21st. Stockholders of record on Wednesday, February 7th were paid a $0.205 dividend. This represents a $0.82 annualized dividend and a dividend yield of 1.07%. The ex-dividend date of this dividend was Tuesday, February 6th. H.B. Fuller's dividend payout ratio (DPR) is presently 29.82%.

Hedge Funds Weigh In On H.B. Fuller

Hedge funds have recently bought and sold shares of the company. Eagle Bay Advisors LLC purchased a new stake in H.B. Fuller in the 2nd quarter valued at about $33,000. Arlington Trust Co LLC bought a new stake in H.B. Fuller during the fourth quarter worth $134,000. Security National Bank of SO Dak bought a new stake in H.B. Fuller during the fourth quarter worth $236,000. Campbell & CO Investment Adviser LLC purchased a new position in H.B. Fuller in the fourth quarter worth $418,000. Finally, Wesbanco Bank Inc. grew its stake in H.B. Fuller by 90.2% in the 3rd quarter. Wesbanco Bank Inc. now owns 9,700 shares of the specialty chemicals company's stock valued at $666,000 after purchasing an additional 4,600 shares during the period. 95.93% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Vertical Research initiated coverage on H.B. Fuller in a report on Tuesday, March 19th. They issued a "buy" rating and a $88.00 target price for the company. Robert W. Baird boosted their target price on shares of H.B. Fuller from $80.00 to $90.00 and gave the company a "neutral" rating in a research report on Monday, April 1st. Stifel Nicolaus raised their price target on shares of H.B. Fuller from $110.00 to $115.00 and gave the stock a "buy" rating in a report on Friday, January 19th. Finally, StockNews.com upgraded shares of H.B. Fuller from a "hold" rating to a "buy" rating in a report on Thursday, January 18th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, H.B. Fuller presently has an average rating of "Hold" and an average price target of $86.20.

About H.B. Fuller

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.