Arlington Trust Co LLC Lowers Position in H. B. Fuller Company $FUL

Arlington Trust Co LLC reduced its position in shares of H. B. Fuller Company (NYSE:FUL) by 44.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 920 shares of the specialty chemicals company’s stock after selling 726 shares during the period. Arlington Trust Co LLC’s holdings in H. B. Fuller were worth $55,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in FUL. Parallel Advisors LLC grew its holdings in shares of H. B. Fuller by 141.6% in the second quarter. Parallel Advisors LLC now owns 534 shares of the specialty chemicals company’s stock valued at $32,000 after purchasing an additional 313 shares in the last quarter. Wesbanco Bank Inc. boosted its position in H. B. Fuller by 86.1% in the 2nd quarter. Wesbanco Bank Inc. now owns 25,500 shares of the specialty chemicals company’s stock valued at $1,534,000 after buying an additional 11,800 shares during the period. Strs Ohio acquired a new position in shares of H. B. Fuller in the first quarter worth $101,000. Partners Capital Investment Group LLP grew its stake in shares of H. B. Fuller by 90.3% in the first quarter. Partners Capital Investment Group LLP now owns 64,901 shares of the specialty chemicals company’s stock worth $3,642,000 after acquiring an additional 30,805 shares in the last quarter. Finally, Dorsey & Whitney Trust CO LLC increased its position in shares of H. B. Fuller by 3.6% during the first quarter. Dorsey & Whitney Trust CO LLC now owns 82,124 shares of the specialty chemicals company’s stock worth $4,609,000 after acquiring an additional 2,857 shares during the period. Institutional investors and hedge funds own 95.93% of the company’s stock.

Insider Buying and Selling at H. B. Fuller

In other H. B. Fuller news, VP Joao Magalhaes sold 1,099 shares of the company’s stock in a transaction on Friday, August 8th. The shares were sold at an average price of $56.31, for a total transaction of $61,884.69. Following the completion of the transaction, the vice president owned 3,285 shares in the company, valued at approximately $184,978.35. This represents a 25.07% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Robert J. Martsching sold 9,546 shares of the firm’s stock in a transaction on Thursday, July 10th. The stock was sold at an average price of $64.30, for a total transaction of $613,807.80. Following the completion of the sale, the vice president owned 14,980 shares of the company’s stock, valued at $963,214. This trade represents a 38.92% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 11,691 shares of company stock valued at $734,478. Corporate insiders own 1.99% of the company’s stock.

H. B. Fuller Trading Up 0.2%

NYSE FUL opened at $61.79 on Tuesday. The firm’s fifty day moving average is $60.03 and its two-hundred day moving average is $56.99. H. B. Fuller Company has a one year low of $47.56 and a one year high of $84.12. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.15 and a current ratio of 1.87. The firm has a market cap of $3.33 billion, a PE ratio of 33.40, a P/E/G ratio of 1.01 and a beta of 1.14.

H. B. Fuller (NYSE:FUL) last released its quarterly earnings results on Wednesday, June 25th. The specialty chemicals company reported $1.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $0.08. The firm had revenue of $898.10 million for the quarter, compared to analyst estimates of $894.87 million. H. B. Fuller had a return on equity of 11.50% and a net margin of 2.92%.The business’s revenue was down 2.1% on a year-over-year basis. During the same quarter last year, the company posted $1.12 earnings per share. H. B. Fuller has set its FY 2025 guidance at 4.100-4.30 EPS. Analysts expect that H. B. Fuller Company will post 4.07 earnings per share for the current year.

H. B. Fuller Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 14th. Stockholders of record on Thursday, July 31st were issued a $0.235 dividend. The ex-dividend date of this dividend was Thursday, July 31st. This represents a $0.94 dividend on an annualized basis and a dividend yield of 1.5%. H. B. Fuller’s payout ratio is presently 50.81%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. JPMorgan Chase & Co. lifted their target price on H. B. Fuller from $50.00 to $54.00 and gave the company an “underweight” rating in a report on Friday, June 27th. Robert W. Baird boosted their price objective on H. B. Fuller from $60.00 to $75.00 and gave the stock an “outperform” rating in a research report on Friday, June 27th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $67.25.

H. B. Fuller 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.