HB Fuller Co (FUL) VP Robert J. Martsching Sells 3,215 Shares of Stock

HB Fuller Co (NYSE:FUL) VP Robert J. Martsching sold 3,215 shares of the business’s stock in a transaction that occurred on Friday, February 15th. The stock was sold at an average price of $48.86, for a total value of $157,084.90. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Shares of NYSE FUL opened at $50.12 on Wednesday. The company has a debt-to-equity ratio of 1.86, a current ratio of 1.99 and a quick ratio of 1.34. HB Fuller Co has a twelve month low of $39.61 and a twelve month high of $59.58. The company has a market capitalization of $2.49 billion, a price-to-earnings ratio of 16.71, a PEG ratio of 0.78 and a beta of 1.44.

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HB Fuller (NYSE:FUL) last issued its quarterly earnings data on Wednesday, January 16th. The specialty chemicals company reported $0.90 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.99 by ($0.09). HB Fuller had a net margin of 5.63% and a return on equity of 13.77%. The firm had revenue of $768.43 million during the quarter, compared to analysts’ expectations of $806.99 million. The company’s quarterly revenue was up 13.3% compared to the same quarter last year. As a group, sell-side analysts anticipate that HB Fuller Co will post 3.3 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 21st. Shareholders of record on Thursday, February 7th will be paid a $0.155 dividend. This represents a $0.62 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date of this dividend is Wednesday, February 6th. HB Fuller’s dividend payout ratio is currently 20.67%.

Several equities research analysts recently weighed in on the company. Deutsche Bank cut HB Fuller from a “buy” rating to a “hold” rating and set a $50.00 target price for the company. in a research note on Tuesday, February 5th. Zacks Investment Research cut HB Fuller from a “hold” rating to a “sell” rating in a research note on Friday, November 30th. ValuEngine upgraded HB Fuller from a “sell” rating to a “hold” rating in a research note on Tuesday, January 22nd. Finally, Stifel Nicolaus assumed coverage on HB Fuller in a research note on Monday, December 10th. They set a “buy” rating and a $62.00 target price for the company. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. HB Fuller presently has a consensus rating of “Hold” and a consensus price target of $59.00.

Hedge funds and other institutional investors have recently modified their holdings of the business. Trust Co. of Vermont purchased a new stake in HB Fuller in the fourth quarter valued at approximately $26,000. Advisor Group Inc. lifted its stake in HB Fuller by 52.8% in the fourth quarter. Advisor Group Inc. now owns 1,497 shares of the specialty chemicals company’s stock valued at $64,000 after buying an additional 517 shares during the last quarter. Whittier Trust Co. of Nevada Inc. lifted its stake in HB Fuller by 16.5% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 2,643 shares of the specialty chemicals company’s stock valued at $113,000 after buying an additional 375 shares during the last quarter. Murphy Pohlad Asset Management LLC acquired a new position in shares of HB Fuller in the fourth quarter valued at approximately $159,000. Finally, Riverhead Capital Management LLC increased its holdings in shares of HB Fuller by 39.1% in the third quarter. Riverhead Capital Management LLC now owns 4,271 shares of the specialty chemicals company’s stock valued at $221,000 after purchasing an additional 1,200 shares during the period. Institutional investors own 99.09% of the company’s stock.

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About HB Fuller

H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, and other specialty chemical products worldwide. The company operates through five segments: Americas Adhesives, EIMEA, Asia Pacific, Construction Adhesives, and Engineering Adhesives.

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