GAMMA Investing LLC Increases Stock Holdings in H. B. Fuller Company $FUL

GAMMA Investing LLC increased its holdings in H. B. Fuller Company (NYSE:FUL) by 119.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,952 shares of the specialty chemicals company’s stock after purchasing an additional 1,604 shares during the period. GAMMA Investing LLC’s holdings in H. B. Fuller were worth $178,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Cooke & Bieler LP purchased a new stake in shares of H. B. Fuller in the first quarter valued at $36,830,000. Dorsey & Whitney Trust CO LLC boosted its holdings in H. B. Fuller by 3.6% in the first quarter. Dorsey & Whitney Trust CO LLC now owns 82,124 shares of the specialty chemicals company’s stock valued at $4,609,000 after acquiring an additional 2,857 shares during the last quarter. Partners Capital Investment Group LLP boosted its holdings in 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 valued at $3,642,000 after acquiring an additional 30,805 shares during the last quarter. Quantbot Technologies LP boosted its holdings in H. B. Fuller by 612.4% in the first quarter. Quantbot Technologies LP now owns 28,083 shares of the specialty chemicals company’s stock valued at $1,576,000 after acquiring an additional 24,141 shares during the last quarter. Finally, Wesbanco Bank Inc. boosted its holdings in H. B. Fuller by 86.1% in the second quarter. Wesbanco Bank Inc. now owns 25,500 shares of the specialty chemicals company’s stock valued at $1,534,000 after acquiring an additional 11,800 shares during the last quarter. Hedge funds and other institutional investors own 95.93% of the company’s stock.

Analysts Set New Price Targets

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

Insider Activity at H. B. Fuller

In other news, VP Joao Magalhaes sold 1,099 shares of the company’s stock in a transaction that occurred on Friday, August 8th. The stock was 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 directly owned 3,285 shares of the company’s stock, valued at approximately $184,978.35. This represents a 25.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Robert J. Martsching sold 9,546 shares of the company’s stock in a transaction that occurred on Thursday, July 10th. The shares were sold at an average price of $64.30, for a total value of $613,807.80. Following the transaction, the vice president directly owned 14,980 shares of the company’s stock, 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 valued at $734,478 over the last ninety days. Corporate insiders own 1.99% of the company’s stock.

H. B. Fuller Stock Up 0.6%

Shares of NYSE FUL opened at $58.46 on Tuesday. H. B. Fuller Company has a 1 year low of $47.56 and a 1 year high of $81.03. The firm has a market cap of $3.16 billion, a price-to-earnings ratio of 31.60, a PEG ratio of 0.97 and a beta of 1.14. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.18 and a current ratio of 1.93. The stock’s 50-day simple moving average is $59.64 and its 200-day simple moving average is $57.31.

H. B. Fuller (NYSE:FUL) last announced its quarterly earnings data on Wednesday, September 24th. The specialty chemicals company reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.02. The firm had revenue of $892.04 million during the quarter, compared to analyst estimates of $894.60 million. H. B. Fuller had a return on equity of 11.49% and a net margin of 3.28%.H. B. Fuller’s quarterly revenue was down 2.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.13 earnings per share. H. B. Fuller has set its FY 2025 guidance at 4.100-4.250 EPS. As a group, equities analysts anticipate that H. B. Fuller Company will post 4.07 earnings per share for the current fiscal 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 dividend of $0.235 per share. The ex-dividend date of this dividend was Thursday, July 31st. This represents a $0.94 annualized dividend and a dividend yield of 1.6%. H. B. Fuller’s dividend payout ratio is 44.98%.

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.