H. B. Fuller Co. (NYSE:FUL) VP James R. Giertz sold 25,000 shares of the stock in a transaction on Tuesday, September 27th. The shares were sold at an average price of $45.79, for a total transaction of $1,144,750.00. Following the transaction, the vice president now directly owns 108,121 shares in the company, valued at approximately $4,950,860.59. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Shares of H. B. Fuller Co. (NYSE:FUL) opened at 46.04 on Friday. H. B. Fuller Co. has a one year low of $32.49 and a one year high of $48.83. The company has a market cap of $2.32 billion, a price-to-earnings ratio of 21.41 and a beta of 1.75. The firm has a 50-day moving average of $46.77 and a 200-day moving average of $45.18.
H. B. Fuller (NYSE:FUL) last issued its quarterly earnings results on Wednesday, September 21st. The company reported $0.64 earnings per share for the quarter, missing the consensus estimate of $0.67 by $0.03. H. B. Fuller had a net margin of 5.32% and a return on equity of 13.66%. During the same quarter in the previous year, the company posted $0.61 EPS. Equities research analysts forecast that H. B. Fuller Co. will post $2.48 EPS for the current fiscal year.
Several institutional investors have recently added to or reduced their stakes in the company. Capstone Asset Management Co. increased its position in H. B. Fuller by 1.4% in the second quarter. Capstone Asset Management Co. now owns 16,526 shares of the company’s stock valued at $727,000 after buying an additional 230 shares during the period. BlackRock Institutional Trust Company N.A. increased its position in H. B. Fuller by 2.7% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 1,244,741 shares of the company’s stock valued at $52,839,000 after buying an additional 33,211 shares during the period. BlackRock Group LTD increased its position in H. B. Fuller by 8.4% in the first quarter. BlackRock Group LTD now owns 62,861 shares of the company’s stock valued at $2,669,000 after buying an additional 4,853 shares during the period. Quantbot Technologies LP increased its position in H. B. Fuller by 184.3% in the second quarter. Quantbot Technologies LP now owns 12,587 shares of the company’s stock valued at $553,000 after buying an additional 8,160 shares during the period. Finally, Schonfeld Strategic Advisors LLC bought a new position in H. B. Fuller during the first quarter valued at approximately $438,000. 89.00% of the stock is currently owned by hedge funds and other institutional investors.
Several research firms recently commented on FUL. Citigroup Inc. began coverage on shares of H. B. Fuller in a report on Thursday. They set a “buy” rating and a $53.00 target price on the stock. Zacks Investment Research lowered shares of H. B. Fuller from a “hold” rating to a “sell” rating in a report on Wednesday. Seaport Global Securities raised shares of H. B. Fuller from an “accumulate” rating to a “buy” rating and increased their target price for the company from $50.00 to $51.00 in a report on Monday. Finally, Deutsche Bank AG increased their target price on shares of H. B. Fuller from $47.00 to $50.00 and gave the company a “hold” rating in a report on Friday, June 24th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $50.00.
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, and Construction Products. The Americas Adhesives segment includes a range of specialty adhesives, such as thermoplastic, thermoset, reactive, and water-based and solvent-based products.
Receive News & Ratings for H. B. Fuller Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for H. B. Fuller Co. and related companies with MarketBeat.com's FREE daily email newsletter.