H. B. Fuller Company (FUL) Shares Bought by Thrivent Financial For Lutherans
Thrivent Financial For Lutherans grew its position in shares of H. B. Fuller Company (NYSE:FUL) by 6.7% during the second quarter, according to its most recent filing with the SEC. The firm owned 30,180 shares of the specialty chemicals company’s stock after acquiring an additional 1,890 shares during the period. Thrivent Financial For Lutherans owned about 0.06% of H. B. Fuller worth $1,542,000 at the end of the most recent quarter.
Several other large investors have also recently made changes to their positions in the company. BlackRock Inc. raised its position in shares of H. B. Fuller by 0.6% in the 2nd quarter. BlackRock Inc. now owns 6,252,664 shares of the specialty chemicals company’s stock worth $319,575,000 after acquiring an additional 34,858 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of H. B. Fuller by 7.5% in the 1st quarter. Vanguard Group Inc. now owns 5,055,505 shares of the specialty chemicals company’s stock valued at $260,662,000 after purchasing an additional 351,478 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of H. B. Fuller by 4.2% during the first quarter. Dimensional Fund Advisors LP now owns 2,004,463 shares of the specialty chemicals company’s stock valued at $103,353,000 after purchasing an additional 80,277 shares in the last quarter. Champlain Investment Partners LLC boosted its position in shares of H. B. Fuller by 53.9% during the first quarter. Champlain Investment Partners LLC now owns 1,664,330 shares of the specialty chemicals company’s stock valued at $85,813,000 after purchasing an additional 582,945 shares in the last quarter. Finally, Janus Capital Management LLC boosted its position in shares of H. B. Fuller by 425.6% during the first quarter. Janus Capital Management LLC now owns 1,545,716 shares of the specialty chemicals company’s stock valued at $79,697,000 after purchasing an additional 1,251,620 shares in the last quarter. 92.37% of the stock is owned by hedge funds and other institutional investors.
In other H. B. Fuller news, VP Dietrich J. Crail bought 970 shares of the business’s stock in a transaction on Wednesday, July 12th. The shares were acquired at an average price of $51.41 per share, with a total value of $49,867.70. Following the transaction, the vice president now owns 970 shares of the company’s stock, valued at approximately $49,867.70. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 3.10% of the stock is owned by corporate insiders.
H. B. Fuller Company (NYSE FUL) opened at 58.06 on Monday. H. B. Fuller Company has a 12-month low of $41.52 and a 12-month high of $58.39. The stock’s 50 day moving average is $51.85 and its 200 day moving average is $51.54. The stock has a market capitalization of $2.93 billion, a price-to-earnings ratio of 26.54 and a beta of 1.72.
H. B. Fuller (NYSE:FUL) last released its quarterly earnings data on Wednesday, September 27th. The specialty chemicals company reported $0.65 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.67 by ($0.02). H. B. Fuller had a return on equity of 13.33% and a net margin of 4.76%. The business had revenue of $562.87 million during the quarter, compared to analysts’ expectations of $553.66 million. Equities analysts predict that H. B. Fuller Company will post $2.60 earnings per share for the current fiscal year.
Several equities research analysts recently weighed in on the company. Zacks Investment Research cut H. B. Fuller from a “hold” rating to a “sell” rating in a research note on Monday, June 5th. BidaskClub upgraded H. B. Fuller from a “hold” rating to a “buy” rating in a report on Saturday, June 10th. KeyCorp reissued a “hold” rating on shares of H. B. Fuller in a research report on Thursday, August 24th. Deutsche Bank AG raised their price objective on H. B. Fuller from $56.00 to $58.00 and gave the company a “hold” rating in a research report on Wednesday, September 6th. Finally, Robert W. Baird started coverage on shares of H. B. Fuller in a report on Thursday, September 14th. They set a “neutral” rating and a $60.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $57.40.
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H. B. Fuller Company Profile
H.B. Fuller Company is a formulator, manufacturer and marketer of adhesives, sealants and other specialty chemical products. The Company’s segments include Americas Adhesives, Europe, India, Middle East and Africa (EIMEA), Asia Pacific, Construction Products and Engineering Adhesives. The Americas Adhesives, EIMEA and Asia Pacific operating segments produce and supply industrial adhesives products for applications in various markets, including durable assembly, nonwoven and hygiene, and textile.
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