Anchor Bolt Capital LP bought a new stake in shares of H. B. Fuller Company (NYSE:FUL) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 103,469 shares of the specialty chemicals company’s stock, valued at approximately $6,007,000. Anchor Bolt Capital LP owned approximately 0.21% of H. B. Fuller as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Riverhead Capital Management LLC lifted its holdings in shares of H. B. Fuller by 42.6% during the second quarter. Riverhead Capital Management LLC now owns 1,996 shares of the specialty chemicals company’s stock valued at $102,000 after purchasing an additional 596 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of H. B. Fuller by 11.3% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,154 shares of the specialty chemicals company’s stock valued at $110,000 after purchasing an additional 218 shares during the last quarter. Public Employees Retirement System of Ohio lifted its holdings in shares of H. B. Fuller by 5.4% during the second quarter. Public Employees Retirement System of Ohio now owns 3,339 shares of the specialty chemicals company’s stock valued at $171,000 after purchasing an additional 172 shares during the last quarter. Suntrust Banks Inc. purchased a new stake in shares of H. B. Fuller during the second quarter valued at $202,000. Finally, Reynders McVeigh Capital Management LLC purchased a new stake in shares of H. B. Fuller during the third quarter valued at $203,000. 92.35% of the stock is owned by institutional investors and hedge funds.

In related news, VP Traci L. Jensen sold 5,397 shares of the stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $58.40, for a total value of $315,184.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Robert J. Martsching sold 3,870 shares of the stock in a transaction dated Monday, October 23rd. The stock was sold at an average price of $57.93, for a total value of $224,189.10. The disclosure for this sale can be found here. Over the last three months, insiders sold 15,767 shares of company stock valued at $897,394. Company insiders own 3.10% of the company’s stock.

Shares of H. B. Fuller Company (NYSE FUL) opened at $54.33 on Friday. The stock has a market capitalization of $2,748.68, a PE ratio of 21.93 and a beta of 1.72. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.63 and a quick ratio of 1.72. H. B. Fuller Company has a one year low of $46.93 and a one year high of $58.74.

H. B. Fuller (NYSE:FUL) last announced its quarterly earnings data on Wednesday, September 27th. The specialty chemicals company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by ($0.02). The business had revenue of $562.87 million during the quarter, compared to analysts’ expectations of $553.66 million. H. B. Fuller had a return on equity of 13.08% and a net margin of 4.76%. analysts predict that H. B. Fuller Company will post 2.6 earnings per share for the current year.

Several brokerages have recently commented on FUL. Robert W. Baird began coverage on H. B. Fuller in a report on Thursday, September 14th. They set a “neutral” rating and a $60.00 target price for the company. Zacks Investment Research downgraded H. B. Fuller from a “hold” rating to a “sell” rating in a report on Wednesday, August 30th. Citigroup downgraded H. B. Fuller from a “buy” rating to a “neutral” rating and set a $60.00 price objective for the company. in a research note on Tuesday, October 31st. ValuEngine downgraded H. B. Fuller from a “buy” rating to a “hold” rating in a research note on Friday, November 10th. Finally, KeyCorp reissued a “hold” rating on shares of H. B. Fuller in a research note on Thursday, August 24th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company. H. B. Fuller has an average rating of “Hold” and an average price target of $60.00.

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About H. B. Fuller

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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Institutional Ownership by Quarter for H. B. Fuller (NYSE:FUL)

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