Sei Investments Co. increased its position in H. B. Fuller Company (NYSE:FUL) by 60.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,999 shares of the specialty chemicals company’s stock after purchasing an additional 5,668 shares during the period. Sei Investments Co.’s holdings in H. B. Fuller were worth $871,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Riverhead Capital Management LLC lifted its holdings in shares of H. B. Fuller by 42.6% in the 2nd quarter. Riverhead Capital Management LLC now owns 1,996 shares of the specialty chemicals company’s stock worth $102,000 after purchasing an additional 596 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of H. B. Fuller by 11.3% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,154 shares of the specialty chemicals company’s stock worth $110,000 after purchasing an additional 218 shares in the last quarter. Public Employees Retirement System of Ohio lifted its holdings in shares of H. B. Fuller by 5.4% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 3,339 shares of the specialty chemicals company’s stock worth $171,000 after purchasing an additional 172 shares in the last quarter. Suntrust Banks Inc. bought a new position in H. B. Fuller during the 2nd quarter valued at $202,000. Finally, Murphy Pohlad Asset Management LLC bought a new position in H. B. Fuller during the 3rd quarter valued at $216,000. Institutional investors own 92.35% of the company’s stock.

In other news, VP Traci L. Jensen sold 5,397 shares of the firm’s stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $58.40, for a total transaction of $315,184.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Robert J. Martsching sold 3,870 shares of the firm’s stock in a transaction on Monday, October 23rd. The shares were 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 ninety days, insiders have sold 15,767 shares of company stock valued at $897,394. Insiders own 3.10% of the company’s stock.

Several brokerages have weighed in on FUL. Zacks Investment Research upgraded H. B. Fuller from a “sell” rating to a “hold” rating in a research note on Wednesday, October 11th. Citigroup cut H. B. Fuller from a “buy” rating to a “neutral” rating and set a $60.00 price objective on the stock. in a research note on Tuesday, October 31st. Robert W. Baird began coverage on H. B. Fuller in a research note on Thursday, September 14th. They set a “neutral” rating and a $60.00 price objective on the stock. ValuEngine cut H. B. Fuller from a “buy” rating to a “hold” rating in a research note on Friday, November 10th. Finally, Deutsche Bank raised their price objective on H. B. Fuller from $56.00 to $58.00 and gave the company a “hold” rating in a research note on Wednesday, September 6th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the stock. H. B. Fuller has a consensus rating of “Hold” and an average price target of $60.00.

Shares of H. B. Fuller Company (FUL) opened at $53.98 on Friday. H. B. Fuller Company has a 12-month low of $46.93 and a 12-month high of $58.74. The stock has a market capitalization of $2,720.00, a price-to-earnings ratio of 21.82 and a beta of 1.73. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.72 and a current ratio of 2.63.

H. B. Fuller (NYSE:FUL) last announced its earnings results 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). H. B. Fuller had a net margin of 4.76% and a return on equity of 13.08%. The business had revenue of $562.87 million for the quarter, compared to analysts’ expectations of $553.66 million. sell-side analysts predict that H. B. Fuller Company will post 2.6 earnings per share for the current year.

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H. B. Fuller 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.

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

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