H.B. Fuller (NYSE:FUL) EVP Sells $349,071.75 in Stock

H.B. Fuller (NYSE:FUL) EVP Zhiwei Cai sold 4,645 shares of the firm’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $75.15, for a total transaction of $349,071.75. Following the completion of the sale, the executive vice president now directly owns 30,663 shares in the company, valued at $2,304,324.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

H.B. Fuller Stock Performance

Shares of FUL stock traded down $0.67 on Tuesday, hitting $74.68. 357,619 shares of the stock traded hands, compared to its average volume of 301,279. The company has a market capitalization of $4.07 billion, a PE ratio of 27.17, a PEG ratio of 1.18 and a beta of 1.52. The company’s fifty day moving average is $78.25 and its 200 day moving average is $76.64. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.99 and a quick ratio of 1.23. H.B. Fuller has a 1-year low of $62.57 and a 1-year high of $84.31.

H.B. Fuller (NYSE:FUL) last posted its quarterly earnings results on Wednesday, March 27th. The specialty chemicals company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.64 by $0.03. The business had revenue of $810.42 million during the quarter, compared to analyst estimates of $823.04 million. H.B. Fuller had a net margin of 4.39% and a return on equity of 12.88%. The company’s quarterly revenue was up .2% on a year-over-year basis. During the same period in the previous year, the business posted $0.55 EPS. On average, equities research analysts predict that H.B. Fuller will post 4.32 earnings per share for the current fiscal year.

H.B. Fuller Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 9th. Investors of record on Thursday, April 25th will be issued a $0.222 dividend. This is an increase from H.B. Fuller’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend is Wednesday, April 24th. This represents a $0.89 annualized dividend and a dividend yield of 1.19%. H.B. Fuller’s dividend payout ratio (DPR) is 32.36%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on FUL shares. Vertical Research initiated coverage on H.B. Fuller in a report on Tuesday, March 19th. They issued a “buy” rating and a $88.00 price objective on the stock. Robert W. Baird upped their price target on H.B. Fuller from $80.00 to $90.00 and gave the stock a “neutral” rating in a report on Monday, April 1st. Stifel Nicolaus upped their price objective on shares of H.B. Fuller from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, January 19th. Finally, StockNews.com upgraded 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 company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $86.20.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Arlington Trust Co LLC acquired a new stake in H.B. Fuller in the fourth quarter worth $134,000. Security National Bank of SO Dak acquired a new stake in shares of H.B. Fuller in the 4th quarter worth about $236,000. Wesbanco Bank Inc. lifted its position 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 last quarter. Financial Engines Advisors L.L.C. grew its position in H.B. Fuller by 88.3% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 10,654 shares of the specialty chemicals company’s stock worth $731,000 after purchasing an additional 4,995 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC acquired a new stake in shares of H.B. Fuller in the fourth quarter valued at approximately $738,000. Institutional investors and hedge funds own 95.93% of the company’s stock.

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.