H.B. Fuller (NYSE:FUL) EVP Sells $349,071.75 in Stock

H.B. Fuller (NYSE:FUL) EVP Zhiwei Cai sold 4,645 shares of the company’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $75.15, for a total transaction of $349,071.75. Following the sale, the executive vice president now directly owns 30,663 shares of the company’s stock, valued at approximately $2,304,324.45. The sale was disclosed in a filing with the SEC, which is available at this link.

H.B. Fuller Price Performance

Shares of FUL opened at $75.14 on Thursday. H.B. Fuller has a twelve month low of $62.57 and a twelve month high of $84.31. The firm’s fifty day simple moving average is $78.18 and its 200-day simple moving average is $76.67. The firm has a market capitalization of $4.09 billion, a price-to-earnings ratio of 27.42, a PEG ratio of 1.19 and a beta of 1.52. The company has a current ratio of 1.99, a quick ratio of 1.23 and a debt-to-equity ratio of 1.03.

H.B. Fuller (NYSE:FUL) last posted its earnings results on Wednesday, March 27th. The specialty chemicals company reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.64 by $0.03. The firm had revenue of $810.42 million for the quarter, compared to the consensus estimate of $823.04 million. H.B. Fuller had a net margin of 4.39% and a return on equity of 12.88%. The company’s revenue was up .2% on a year-over-year basis. During the same period last year, the firm posted $0.55 EPS. Equities analysts forecast that H.B. Fuller will post 4.32 EPS for the current fiscal year.

H.B. Fuller Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 9th. Stockholders of record on Thursday, April 25th will be issued a $0.222 dividend. This is an increase from H.B. Fuller’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend is Wednesday, April 24th. This represents a $0.89 annualized dividend and a dividend yield of 1.18%. H.B. Fuller’s payout ratio is presently 32.36%.

Institutional Trading of H.B. Fuller

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Arlington Trust Co LLC acquired a new position in H.B. Fuller during the fourth quarter worth about $134,000. Security National Bank of SO Dak acquired a new position in shares of H.B. Fuller in the fourth quarter valued at approximately $236,000. Campbell & CO Investment Adviser LLC purchased a new stake in H.B. Fuller in the fourth quarter valued at approximately $738,000. Wesbanco Bank Inc. grew its stake in H.B. Fuller by 90.2% during the third quarter. Wesbanco Bank Inc. now owns 9,700 shares of the specialty chemicals company’s stock worth $666,000 after buying an additional 4,600 shares during the period. Finally, Financial Engines Advisors L.L.C. lifted its position in shares of H.B. Fuller by 88.3% during the third quarter. Financial Engines Advisors L.L.C. now owns 10,654 shares of the specialty chemicals company’s stock worth $731,000 after purchasing an additional 4,995 shares in the last quarter. Institutional investors and hedge funds own 95.93% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. StockNews.com raised shares of H.B. Fuller from a “hold” rating to a “buy” rating in a research report on Thursday, January 18th. Stifel Nicolaus increased their price objective on shares of H.B. Fuller from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, January 19th. Robert W. Baird increased their target price on shares of H.B. Fuller from $80.00 to $90.00 and gave the stock a “neutral” rating in a report on Monday, April 1st. Finally, Vertical Research began coverage on shares of H.B. Fuller in a report on Tuesday, March 19th. They set a “buy” rating and a $88.00 target price on the stock. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $86.20.

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.