James Owens Sells 5,000 Shares of H.B. Fuller (NYSE:FUL) Stock

H.B. Fuller (NYSE:FUL) CEO James Owens sold 5,000 shares of the business’s stock in a transaction dated Friday, April 30th. The shares were sold at an average price of $67.48, for a total value of $337,400.00. Following the sale, the chief executive officer now owns 212,203 shares in the company, valued at approximately $14,319,458.44. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

James Owens also recently made the following trade(s):

  • On Wednesday, March 31st, James Owens sold 10,000 shares of H.B. Fuller stock. The shares were sold at an average price of $63.34, for a total value of $633,400.00.
  • On Monday, March 29th, James Owens sold 19,471 shares of H.B. Fuller stock. The shares were sold at an average price of $63.47, for a total value of $1,235,824.37.

Shares of H.B. Fuller stock opened at $67.86 on Tuesday. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.39 and a current ratio of 2.17. The stock has a 50 day moving average of $64.24 and a 200 day moving average of $55.99. H.B. Fuller has a fifty-two week low of $30.46 and a fifty-two week high of $69.33. The firm has a market capitalization of $3.55 billion, a price-to-earnings ratio of 30.85, a PEG ratio of 2.10 and a beta of 1.72.

H.B. Fuller (NYSE:FUL) last announced its quarterly earnings data on Tuesday, March 23rd. The specialty chemicals company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.19. The business had revenue of $725.90 million for the quarter, compared to analysts’ expectations of $680.98 million. H.B. Fuller had a return on equity of 11.18% and a net margin of 4.19%. The company’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same period last year, the firm earned $0.34 earnings per share. Analysts forecast that H.B. Fuller will post 2.64 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 6th. Stockholders of record on Thursday, April 22nd will be paid a $0.168 dividend. This is a boost from H.B. Fuller’s previous quarterly dividend of $0.16. This represents a $0.67 annualized dividend and a dividend yield of 0.99%. The ex-dividend date is Wednesday, April 21st. H.B. Fuller’s dividend payout ratio (DPR) is presently 22.64%.

FUL has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft boosted their price target on H.B. Fuller from $56.00 to $65.00 and gave the company a “hold” rating in a research note on Monday, March 29th. Robert W. Baird boosted their price objective on H.B. Fuller from $65.00 to $72.00 and gave the company an “outperform” rating in a report on Friday, March 26th. They noted that the move was a valuation call. Finally, Zacks Investment Research raised H.B. Fuller from a “hold” rating to a “buy” rating and set a $71.00 price objective for the company in a report on Tuesday, March 30th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. H.B. Fuller presently has an average rating of “Buy” and a consensus target price of $61.50.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Cooke & Bieler LP raised its stake in H.B. Fuller by 19.4% in the fourth quarter. Cooke & Bieler LP now owns 865,239 shares of the specialty chemicals company’s stock valued at $44,889,000 after buying an additional 140,685 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of H.B. Fuller by 12.2% during the fourth quarter. Bank of New York Mellon Corp now owns 723,784 shares of the specialty chemicals company’s stock worth $37,549,000 after purchasing an additional 78,541 shares during the last quarter. California Public Employees Retirement System grew its holdings in shares of H.B. Fuller by 17.9% during the fourth quarter. California Public Employees Retirement System now owns 137,679 shares of the specialty chemicals company’s stock worth $7,143,000 after purchasing an additional 20,861 shares during the last quarter. Campbell & CO Investment Adviser LLC purchased a new position in shares of H.B. Fuller during the fourth quarter worth about $539,000. Finally, Everence Capital Management Inc. purchased a new position in shares of H.B. Fuller during the first quarter worth about $644,000. Institutional investors and hedge funds own 95.42% of the company’s stock.

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 worldwide. The company operates through three segments: Hygiene, Health and Consumable Adhesives; Engineering Adhesives; and Construction Adhesives.

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Insider Buying and Selling by Quarter for H.B. Fuller (NYSE:FUL)

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