Kennedy Capital Management LLC Purchases 15,100 Shares of H.B. Fuller (NYSE:FUL)

Kennedy Capital Management LLC raised its position in shares of H.B. Fuller (NYSE:FUL - Free Report) by 13.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 127,896 shares of the specialty chemicals company's stock after purchasing an additional 15,100 shares during the period. Kennedy Capital Management LLC owned approximately 0.23% of H.B. Fuller worth $8,630,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Geode Capital Management LLC lifted 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 worth $99,939,000 after buying an additional 18,734 shares during the last quarter. Lord Abbett & CO. LLC raised 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 acquiring an additional 324,056 shares in the last quarter. Wesbanco Bank Inc. lifted its holdings in shares of H.B. Fuller by 41.2% in the fourth quarter. Wesbanco Bank Inc. now owns 13,700 shares of the specialty chemicals company's stock worth $924,000 after acquiring an additional 4,000 shares during the last quarter. Bank of New York Mellon Corp boosted its stake 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 purchasing an additional 81,558 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its holdings in shares of H.B. Fuller by 128.8% during the 4th 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 during the last quarter. 95.93% of the stock is currently owned by institutional investors.

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H.B. Fuller Trading Up 0.4 %

FUL stock traded up $0.24 during trading on Monday, hitting $53.97. The company had a trading volume of 532,083 shares, compared to its average volume of 373,447. The company has a current ratio of 1.81, a quick ratio of 1.16 and a debt-to-equity ratio of 1.10. H.B. Fuller has a one year low of $47.56 and a one year high of $87.67. The business has a 50-day moving average of $56.07 and a 200-day moving average of $66.34. The stock has a market cap of $2.92 billion, a PE ratio of 23.36, a PEG ratio of 1.13 and a beta of 1.27.

H.B. Fuller (NYSE:FUL - Get Free Report) last announced its earnings results on Wednesday, March 26th. The specialty chemicals company reported $0.54 earnings per share for the quarter, topping analysts' consensus estimates of $0.49 by $0.05. H.B. Fuller had a net margin of 3.65% and a return on equity of 12.01%. The business had revenue of $788.66 million during the quarter, compared to the consensus estimate of $769.55 million. During the same quarter last year, the firm earned $0.67 earnings per share. H.B. Fuller's quarterly revenue was down 2.7% on a year-over-year basis. Research analysts predict that H.B. Fuller will post 4.07 earnings per share for the current fiscal year.

H.B. Fuller Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 20th. Shareholders of record on Thursday, February 6th were issued a $0.2225 dividend. The ex-dividend date was Thursday, February 6th. This represents a $0.89 dividend on an annualized basis and a yield of 1.65%. H.B. Fuller's payout ratio is currently 44.50%.

Insiders Place Their Bets

In other news, CEO Celeste Beeks Mastin purchased 3,500 shares of the business's stock in a transaction on Tuesday, April 1st. The shares were acquired at an average price of $56.66 per share, for a total transaction of $198,310.00. Following the completion of the acquisition, the chief executive officer now owns 3,500 shares in the company, valued at approximately $198,310. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.99% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. JPMorgan Chase & Co. dropped their price objective on shares of H.B. Fuller from $60.00 to $50.00 and set an "underweight" rating for the company in a research note on Friday, March 28th. Vertical Research cut H.B. Fuller from a "buy" rating to a "hold" rating in a report on Monday, January 6th. Citigroup cut their price target on H.B. Fuller from $78.00 to $68.00 and set a "neutral" rating on the stock in a research note on Friday, January 3rd. Deutsche Bank Aktiengesellschaft lowered their price objective on H.B. Fuller from $75.00 to $72.00 and set a "buy" rating for the company in a research note on Wednesday, January 22nd. Finally, Seaport Res Ptn downgraded shares of H.B. Fuller from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 5th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $63.33.

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.