Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in HB Fuller Co (NYSE:FUL) by 13.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,083 shares of the specialty chemicals company’s stock after purchasing an additional 1,390 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in HB Fuller were worth $624,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its position in HB Fuller by 13.0% in the third quarter. JPMorgan Chase & Co. now owns 18,299 shares of the specialty chemicals company’s stock valued at $946,000 after acquiring an additional 2,110 shares during the last quarter. Financial Engines Advisors L.L.C. lifted its position in HB Fuller by 211.6% in the third quarter. Financial Engines Advisors L.L.C. now owns 10,227 shares of the specialty chemicals company’s stock valued at $528,000 after acquiring an additional 6,945 shares during the last quarter. Wells Fargo & Company MN lifted its position in HB Fuller by 12.2% in the third quarter. Wells Fargo & Company MN now owns 93,186 shares of the specialty chemicals company’s stock valued at $4,816,000 after acquiring an additional 10,144 shares during the last quarter. Wedge Capital Management L L P NC lifted its position in HB Fuller by 12.1% in the third quarter. Wedge Capital Management L L P NC now owns 463,557 shares of the specialty chemicals company’s stock valued at $23,952,000 after acquiring an additional 50,058 shares during the last quarter. Finally, Lapides Asset Management LLC purchased a new stake in HB Fuller in the third quarter valued at $1,214,000. 98.42% of the stock is currently owned by institutional investors and hedge funds.

In other news, VP Traci L. Jensen sold 4,129 shares of the company’s stock in a transaction dated Tuesday, November 13th. The shares were sold at an average price of $46.01, for a total value of $189,975.29. Following the completion of the sale, the vice president now directly owns 20,997 shares of the company’s stock, valued at $966,071.97. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 3.46% of the stock is currently owned by corporate insiders.

Shares of NYSE:FUL opened at $41.68 on Friday. HB Fuller Co has a one year low of $41.26 and a one year high of $59.58. The company has a debt-to-equity ratio of 2.03, a current ratio of 2.25 and a quick ratio of 1.48. The stock has a market capitalization of $2.26 billion, a PE ratio of 16.67, a price-to-earnings-growth ratio of 0.61 and a beta of 1.46.

HB Fuller (NYSE:FUL) last announced its earnings results on Wednesday, September 26th. The specialty chemicals company reported $0.86 EPS for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.04). HB Fuller had a net margin of 4.14% and a return on equity of 13.41%. The business had revenue of $770.11 million during the quarter, compared to analysts’ expectations of $784.75 million. As a group, sell-side analysts predict that HB Fuller Co will post 3.11 EPS for the current year.

A number of equities research analysts recently weighed in on the stock. Zacks Investment Research cut shares of HB Fuller from a “hold” rating to a “sell” rating in a research report on Friday, November 30th. Deutsche Bank reduced their price target on shares of HB Fuller from $62.00 to $60.00 and set a “buy” rating for the company in a research report on Friday, September 28th. Robert W. Baird reduced their target price on shares of HB Fuller from $60.00 to $55.00 and set a “neutral” rating for the company in a report on Friday, September 28th. Finally, ValuEngine cut shares of HB Fuller from a “hold” rating to a “sell” rating in a report on Friday, September 28th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $61.00.

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HB Fuller Company Profile

H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, and other specialty chemical products worldwide. The company operates through six segments: Americas Adhesives; EIMEA (Europe, India, Middle East and Africa); Asia Pacific; Construction Products; Engineering Adhesives; and Royal Adhesives.

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Institutional Ownership by Quarter for HB Fuller (NYSE:FUL)

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