Insider Selling: H.B. Fuller (NYSE:FUL) VP Sells 240 Shares of Stock

H.B. Fuller (NYSE:FUL - Get Free Report) VP Xinyu Du sold 240 shares of the business's stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $63.73, for a total value of $15,295.20. Following the transaction, the vice president now directly owns 2,323 shares in the company, valued at approximately $148,044.79. This trade represents a 9.36 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

H.B. Fuller Price Performance

Shares of FUL stock traded up $0.07 during trading on Wednesday, hitting $62.95. The company had a trading volume of 262,605 shares, compared to its average volume of 441,862. The stock's 50-day moving average price is $69.00 and its 200 day moving average price is $76.03. H.B. Fuller has a one year low of $60.96 and a one year high of $87.67. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.16 and a current ratio of 1.81. The firm has a market capitalization of $3.44 billion, a P/E ratio of 27.25, a price-to-earnings-growth ratio of 1.18 and a beta of 1.43.

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

H.B. Fuller Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Thursday, February 6th will be issued a dividend of $0.2225 per share. This represents a $0.89 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date of this dividend is Thursday, February 6th. H.B. Fuller's dividend payout ratio (DPR) is presently 38.53%.

Institutional Trading of H.B. Fuller

Several large investors have recently made changes to their positions in FUL. Lord Abbett & CO. LLC lifted its stake in H.B. Fuller by 79.8% during the third 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 last quarter. Geode Capital Management LLC raised its holdings 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 worth $99,939,000 after buying an additional 18,734 shares in the last quarter. Wesbanco Bank Inc. lifted its position in shares of H.B. Fuller by 41.2% during 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. Finally, S&CO Inc. boosted its stake in H.B. Fuller by 0.3% in the third quarter. S&CO Inc. now owns 267,192 shares of the specialty chemicals company's stock valued at $21,209,000 after buying an additional 920 shares in the last quarter. Institutional investors and hedge funds own 95.93% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Vertical Research downgraded shares of H.B. Fuller from a "buy" rating to a "hold" rating in a report on Monday, January 6th. Citigroup lowered 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. JPMorgan Chase & Co. reduced their price objective on H.B. Fuller from $70.00 to $60.00 and set an "underweight" rating for the company in a report on Friday, January 17th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on H.B. Fuller from $75.00 to $72.00 and set a "buy" rating on the stock in a research note on Wednesday, January 22nd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $75.60.

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.

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