H. B. Fuller Company (NYSE:FUL – Get Free Report) Director Daniel Florness acquired 2,030 shares of the business’s stock in a transaction dated Monday, September 28th. The shares were bought at an average cost of $49.34 per share, for a total transaction of $100,160.20. Following the transaction, the director directly owned 3,381 shares in the company, valued at approximately $166,818.54. This represents a 150.26% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
H. B. Fuller Stock Down 0.5%
Shares of FUL stock traded down $0.23 on Wednesday, hitting $49.37. The stock had a trading volume of 381,550 shares, compared to its average volume of 673,718. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.82 and a quick ratio of 1.10. The stock has a market cap of $2.66 billion, a price-to-earnings ratio of 13.79, a price-to-earnings-growth ratio of 0.54 and a beta of 0.97. The business has a 50 day moving average of $55.47 and a 200 day moving average of $58.25. H. B. Fuller Company has a 12-month low of $46.70 and a 12-month high of $68.63.
H. B. Fuller (NYSE:FUL – Get Free Report) last announced its quarterly earnings data on Thursday, September 24th. The specialty chemicals company reported $1.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.05. The firm had revenue of $938.17 million during the quarter, compared to the consensus estimate of $945.59 million. H. B. Fuller had a return on equity of 12.65% and a net margin of 5.56%.The business’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.26 EPS. As a group, analysts expect that H. B. Fuller Company will post 4.83 EPS for the current year.
H. B. Fuller Announces Dividend
More H. B. Fuller News
Here are the key news stories impacting H. B. Fuller this week:
- Positive Sentiment: Ancora raises BAS offer: Activist investor Ancora Holdings Group reportedly increased its cash offer for H.B. Fuller’s BAS unit to approximately $1.2 billion to $1.4 billion, with backing from Fortress. A sale at that valuation could provide cash for debt reduction, shareholder returns, or investment in the company’s remaining businesses, while increasing pressure on management to evaluate strategic alternatives. Activist Ancora Raises Bid for H.B. Fuller Building Unit
- Positive Sentiment: Improved earnings and margins: H.B. Fuller reported quarterly earnings above analyst expectations, with EPS of $1.52 versus the $1.47 consensus. Revenue increased 5.2% year over year, and the latest earnings call highlighted margin strength. These results offer support for the company’s operating performance despite revenue coming in modestly below forecasts. H.B. Fuller Earnings Call Highlights Margin Strength
- Neutral Sentiment: Analysts remain constructive but reduced targets: Deutsche Bank, JPMorgan, and Citi each lowered their price targets, while retaining buy or overweight ratings. The revisions suggest analysts see upside from current levels but have moderated their expectations. JPMorgan Chase Issues Forecast for H. B. Fuller
- Neutral Sentiment: Board changes: H.B. Fuller appointed former UFP Technologies CEO R. Jeffrey Bailly to its board following Ruth Kimmelshue’s resignation. The change may add relevant leadership experience, although its near-term financial impact is unclear. H.B. Fuller Adds Former UFP Technologies CEO to Its Board
- Negative Sentiment: Strategic uncertainty remains: The BAS proposal is activist-driven and has not been identified as a completed transaction. Investors must still weigh execution, valuation, regulatory, and negotiation risks, while the repeated analyst target cuts indicate ongoing caution about H.B. Fuller’s outlook.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of FUL. Norges Bank purchased a new position in H. B. Fuller in the fourth quarter valued at about $44,203,000. Congruence Capital LLC purchased a new position in shares of H. B. Fuller in the 4th quarter valued at approximately $10,048,000. Kennedy Capital Management LLC boosted its stake in H. B. Fuller by 43.4% in the 4th quarter. Kennedy Capital Management LLC now owns 630,194 shares of the specialty chemicals company’s stock worth $37,471,000 after purchasing an additional 190,750 shares in the last quarter. S&CO Inc. acquired a new position in H. B. Fuller during the 2nd quarter valued at approximately $14,093,000. Finally, Eurizon Capital SGR S.p.A. purchased a new position in shares of H. B. Fuller in the fourth quarter worth $2,283,000. Institutional investors own 95.93% of the company’s stock.
Wall Street Analyst Weigh In
FUL has been the subject of a number of research reports. Zacks Research cut shares of H. B. Fuller from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 18th. Raymond James Financial set a $67.00 price objective on H. B. Fuller in a report on Friday, June 26th. JPMorgan Chase & Co. dropped their target price on H. B. Fuller from $67.00 to $66.00 and set an “overweight” rating for the company in a report on Monday. The Goldman Sachs Group set a $67.00 price target on shares of H. B. Fuller in a research report on Friday, June 26th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on H. B. Fuller from $72.00 to $62.00 and set a “buy” rating on the stock in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $64.62.
Get Our Latest Report on H. B. Fuller
H. B. Fuller Company Profile
H.B. Fuller Company (NYSE: FUL) develops and manufactures specialty adhesives, sealants and other chemical-based products used in industrial and commercial applications. Its solutions help customers bond, seal, coat and assemble materials across a range of products and manufacturing processes.
The company serves markets including packaging, hygiene and disposable products, construction, transportation, electronics, durable assembly, woodworking, flooring, composites and renewable energy.
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