Fox Run Management L.L.C. Buys 8,806 Shares of H. B. Fuller Company $FUL

Fox Run Management L.L.C. raised its stake in shares of H. B. Fuller Company (NYSE:FUL) by 92.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,292 shares of the specialty chemicals company’s stock after purchasing an additional 8,806 shares during the period. Fox Run Management L.L.C.’s holdings in H. B. Fuller were worth $1,088,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Capital World Investors lifted its holdings in shares of H. B. Fuller by 0.5% in the 3rd quarter. Capital World Investors now owns 2,583,213 shares of the specialty chemicals company’s stock valued at $153,133,000 after acquiring an additional 12,720 shares during the last quarter. Cooke & Bieler LP lifted its holdings in shares of H. B. Fuller by 13.3% in the 4th quarter. Cooke & Bieler LP now owns 1,677,674 shares of the specialty chemicals company’s stock valued at $99,754,000 after acquiring an additional 196,644 shares during the last quarter. UBS Group AG lifted its holdings in shares of H. B. Fuller by 35.0% in the 4th quarter. UBS Group AG now owns 1,108,261 shares of the specialty chemicals company’s stock valued at $65,897,000 after acquiring an additional 287,390 shares during the last quarter. Wellington Management Group LLP lifted its holdings in shares of H. B. Fuller by 3.6% in the 3rd quarter. Wellington Management Group LLP now owns 976,005 shares of the specialty chemicals company’s stock valued at $57,858,000 after acquiring an additional 33,522 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of H. B. Fuller by 52.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 820,255 shares of the specialty chemicals company’s stock valued at $48,772,000 after acquiring an additional 281,707 shares during the last quarter. Institutional investors own 95.93% of the company’s stock.

H. B. Fuller Stock Performance

Shares of FUL stock opened at $62.09 on Wednesday. The firm has a market cap of $3.38 billion, a price-to-earnings ratio of 20.49, a PEG ratio of 0.79 and a beta of 0.96. The company’s 50 day moving average is $61.06 and its 200 day moving average is $60.79. The company has a quick ratio of 1.15, a current ratio of 1.92 and a debt-to-equity ratio of 1.01. H. B. Fuller Company has a 52-week low of $48.71 and a 52-week high of $68.63.

H. B. Fuller (NYSE:FUL) last issued its quarterly earnings data on Thursday, March 26th. The specialty chemicals company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.01. The company had revenue of $770.84 million for the quarter, compared to analyst estimates of $787.77 million. H. B. Fuller had a net margin of 4.62% and a return on equity of 11.84%. H. B. Fuller’s revenue was down 2.3% compared to the same quarter last year. During the same period last year, the company posted $0.54 earnings per share. On average, sell-side analysts anticipate that H. B. Fuller Company will post 4.77 EPS for the current fiscal year.

H. B. Fuller Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Thursday, April 30th were issued a dividend of $0.245 per share. The ex-dividend date of this dividend was Thursday, April 30th. This is a positive change from H. B. Fuller’s previous quarterly dividend of $0.24. This represents a $0.98 annualized dividend and a yield of 1.6%. H. B. Fuller’s dividend payout ratio is 32.34%.

Insider Transactions at H. B. Fuller

In other H. B. Fuller news, CEO Celeste Beeks Mastin acquired 5,170 shares of the business’s stock in a transaction that occurred on Tuesday, April 7th. The shares were bought at an average cost of $57.08 per share, with a total value of $295,103.60. Following the completion of the acquisition, the chief executive officer directly owned 8,670 shares in the company, valued at $494,883.60. This represents a 147.71% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.83% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of brokerages recently commented on FUL. Wall Street Zen raised shares of H. B. Fuller from a “hold” rating to a “buy” rating in a report on Sunday, March 29th. UBS Group set a $58.00 target price on shares of H. B. Fuller in a research report on Wednesday, May 27th. JPMorgan Chase & Co. upgraded H. B. Fuller from an “underweight” rating to a “neutral” rating and set a $58.00 target price for the company in a report on Wednesday, May 27th. Royal Bank Of Canada set a $58.00 target price on H. B. Fuller in a report on Wednesday, May 27th. Finally, Citigroup upped their price objective on shares of H. B. Fuller from $67.00 to $70.00 and gave the stock a “buy” rating in a research note on Monday, March 30th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, H. B. Fuller currently has a consensus rating of “Moderate Buy” and a consensus target price of $63.80.

H. B. Fuller Company Profile

H. B. Fuller Company, founded in 1887 and headquartered in St. Paul, Minnesota, is a global adhesives and specialty chemical solutions provider serving a wide array of industries. The company develops, manufactures and markets adhesive technologies, sealants, polymers and related chemical products designed to enhance product performance, sustainability and manufacturing efficiency.

Fuller’s product portfolio spans multiple market segments, including packaging and converting, general industrial assembly, electronics, transportation, hygiene and construction.