Cooper Financial Group Reduces Position in H. B. Fuller Company $FUL

Cooper Financial Group cut its holdings in shares of H. B. Fuller Company (NYSE:FUL) by 9.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,323 shares of the specialty chemicals company’s stock after selling 765 shares during the period. Cooper Financial Group’s holdings in H. B. Fuller were worth $441,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Parallel Advisors LLC boosted its holdings in shares of H. B. Fuller by 141.6% during the 2nd quarter. Parallel Advisors LLC now owns 534 shares of the specialty chemicals company’s stock valued at $32,000 after acquiring an additional 313 shares during the last quarter. Strs Ohio purchased a new stake in H. B. Fuller in the first quarter worth approximately $101,000. Signaturefd LLC boosted its stake in shares of H. B. Fuller by 20.5% in the 2nd quarter. Signaturefd LLC now owns 1,743 shares of the specialty chemicals company’s stock worth $105,000 after buying an additional 297 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of H. B. Fuller by 119.0% in the 2nd quarter. GAMMA Investing LLC now owns 2,952 shares of the specialty chemicals company’s stock worth $178,000 after buying an additional 1,604 shares during the last quarter. Finally, Neuberger Berman Group LLC boosted its stake in shares of H. B. Fuller by 25.4% in the 1st quarter. Neuberger Berman Group LLC now owns 6,538 shares of the specialty chemicals company’s stock worth $367,000 after buying an additional 1,323 shares during the last quarter. 95.93% of the stock is owned by hedge funds and other institutional investors.

H. B. Fuller Stock Up 0.7%

NYSE:FUL opened at $59.07 on Friday. The company has a current ratio of 1.93, a quick ratio of 1.18 and a debt-to-equity ratio of 1.06. The company’s 50 day moving average is $59.57 and its two-hundred day moving average is $57.36. The company has a market cap of $3.19 billion, a PE ratio of 31.93, a P/E/G ratio of 1.06 and a beta of 1.12. H. B. Fuller Company has a twelve month low of $47.56 and a twelve month high of $81.03.

H. B. Fuller (NYSE:FUL) last posted its quarterly earnings results on Wednesday, September 24th. The specialty chemicals company reported $1.26 EPS for the quarter, beating the consensus estimate of $1.24 by $0.02. H. B. Fuller had a net margin of 3.28% and a return on equity of 11.49%. The company had revenue of $892.04 million for the quarter, compared to analyst estimates of $894.60 million. During the same period in the prior year, the company earned $1.13 earnings per share. The firm’s revenue was down 2.8% on a year-over-year basis. H. B. Fuller has set its FY 2025 guidance at 4.100-4.250 EPS. Analysts anticipate that H. B. Fuller Company will post 4.07 EPS for the current year.

H. B. Fuller Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 30th. Investors of record on Thursday, October 16th will be given a dividend of $0.235 per share. This represents a $0.94 dividend on an annualized basis and a yield of 1.6%. H. B. Fuller’s payout ratio is 50.81%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on FUL shares. Citigroup dropped their price target on shares of H. B. Fuller from $70.00 to $62.00 and set a “neutral” rating on the stock in a research note on Friday, September 26th. Robert W. Baird lifted their target price on H. B. Fuller from $60.00 to $75.00 and gave the company an “outperform” rating in a research report on Friday, June 27th. JPMorgan Chase & Co. boosted their price objective on H. B. Fuller from $50.00 to $54.00 and gave the company an “underweight” rating in a research report on Friday, June 27th. Finally, Seaport Res Ptn upgraded shares of H. B. Fuller from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 26th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $65.75.

Insider Transactions at H. B. Fuller

In other news, VP Joao Magalhaes sold 1,099 shares of H. B. Fuller stock in a transaction that occurred 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 sale, the vice president owned 3,285 shares of the company’s stock, valued at approximately $184,978.35. The trade was a 25.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Robert J. Martsching sold 9,546 shares of the business’s stock in a transaction dated Thursday, July 10th. The stock was sold at an average price of $64.30, for a total transaction of $613,807.80. Following the sale, the vice president owned 14,980 shares in the company, valued at $963,214. This trade represents a 38.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 11,691 shares of company stock worth $734,478 over the last ninety days. 1.99% of the stock is owned by insiders.

H. B. Fuller Company 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.