H.B. Fuller (NYSE:FUL) Shares Purchased by Amundi

Amundi raised its stake in shares of H.B. Fuller (NYSE:FUL - Free Report) by 191.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 28,553 shares of the specialty chemicals company's stock after purchasing an additional 18,771 shares during the period. Amundi owned 0.05% of H.B. Fuller worth $1,804,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in FUL. Jones Financial Companies Lllp grew its holdings in shares of H.B. Fuller by 128.8% in the fourth quarter. Jones Financial Companies Lllp now owns 899 shares of the specialty chemicals company's stock valued at $61,000 after purchasing an additional 506 shares in the last quarter. Wesbanco Bank Inc. increased its holdings in shares of H.B. Fuller by 41.2% in the 4th quarter. Wesbanco Bank Inc. now owns 13,700 shares of the specialty chemicals company's stock worth $924,000 after buying an additional 4,000 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of H.B. Fuller by 17.2% in the 4th quarter. Bank of New York Mellon Corp now owns 554,947 shares of the specialty chemicals company's stock valued at $37,448,000 after acquiring an additional 81,558 shares during the last quarter. Lord Abbett & CO. LLC boosted its holdings in shares of H.B. Fuller by 79.8% in the 3rd quarter. Lord Abbett & CO. LLC now owns 730,058 shares of the specialty chemicals company's stock worth $57,952,000 after purchasing an additional 324,056 shares during the period. Finally, Geode Capital Management LLC increased its position in shares of H.B. Fuller by 1.5% during the 3rd quarter. Geode Capital Management LLC now owns 1,258,752 shares of the specialty chemicals company's stock valued at $99,939,000 after purchasing an additional 18,734 shares during the last quarter. 95.93% of the stock is owned by institutional investors.

Remove Ads

H.B. Fuller Stock Down 0.7 %

Shares of FUL stock traded down $0.39 on Friday, hitting $53.55. The stock had a trading volume of 1,026,276 shares, compared to its average volume of 332,455. H.B. Fuller has a one year low of $52.59 and a one year high of $87.67. The business has a 50 day moving average price of $59.27 and a 200 day moving average price of $69.87. The company has a market cap of $2.90 billion, a PE ratio of 23.18, a P/E/G ratio of 1.13 and a beta of 1.41. The company has a quick ratio of 1.16, a current ratio of 1.81 and a debt-to-equity ratio of 1.10.

H.B. Fuller (NYSE:FUL - Get Free Report) last posted its quarterly earnings results on Wednesday, January 15th. The specialty chemicals company reported $0.92 EPS for the quarter, missing the consensus estimate of $1.00 by ($0.08). The business had revenue of $923.00 million during the quarter, compared to the consensus estimate of $916.84 million. H.B. Fuller had a net margin of 3.65% and a return on equity of 12.01%. The company's revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.32 EPS. Research analysts anticipate that H.B. Fuller will post 4.07 earnings per share for the current fiscal year.

H.B. Fuller Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, February 20th. Stockholders of record on Thursday, February 6th were given a $0.2225 dividend. This represents a $0.89 annualized dividend and a dividend yield of 1.66%. The ex-dividend date was Thursday, February 6th. H.B. Fuller's payout ratio is 38.53%.

Analysts Set New Price Targets

Several research firms have recently issued reports on FUL. Deutsche Bank Aktiengesellschaft lowered their target price on shares of H.B. Fuller from $75.00 to $72.00 and set a "buy" rating for the company in a report on Wednesday, January 22nd. Seaport Res Ptn lowered H.B. Fuller from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 5th. Vertical Research downgraded H.B. Fuller from a "buy" rating to a "hold" rating in a report on Monday, January 6th. JPMorgan Chase & Co. decreased their target price on H.B. Fuller from $70.00 to $60.00 and set an "underweight" rating for the company in a research report on Friday, January 17th. Finally, Citigroup cut their price target on shares of H.B. Fuller from $78.00 to $68.00 and set a "neutral" rating on the stock in a report on Friday, January 3rd. One analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $72.50.

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.