Cwm LLC Has $218,000 Stock Position in H. B. Fuller Company $FUL

Cwm LLC grew its position in H. B. Fuller Company (NYSE:FUL) by 444.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,622 shares of the specialty chemicals company’s stock after buying an additional 2,957 shares during the quarter. Cwm LLC’s holdings in H. B. Fuller were worth $218,000 at the end of the most recent quarter.

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

Insider Activity at H. B. Fuller

In other H. B. Fuller news, VP Joao Magalhaes sold 1,099 shares of the 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 transaction, the vice president owned 3,285 shares in the company, valued at $184,978.35. This trade represents a 25.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO John J. Corkrean sold 14,222 shares of the stock in a transaction that occurred on Monday, October 27th. The shares were sold at an average price of $60.31, for a total value of $857,728.82. Following the transaction, the chief financial officer owned 54,646 shares in the company, valued at approximately $3,295,700.26. This trade represents a 20.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 16,367 shares of company stock worth $978,399. Corporate insiders own 1.99% of the company’s stock.

H. B. Fuller Price Performance

Shares of FUL opened at $59.87 on Wednesday. The firm has a market cap of $3.24 billion, a PE ratio of 32.36, a PEG ratio of 1.08 and a beta of 1.12. The firm’s 50 day moving average price is $60.14 and its 200 day moving average price is $58.11. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.18 and a current ratio of 1.93. H. B. Fuller Company has a twelve month low of $47.56 and a twelve month high of $80.15.

H. B. Fuller (NYSE:FUL) last issued its quarterly earnings data on Wednesday, April 13th. The specialty chemicals company reported $0.66 earnings per share for the quarter. The firm had revenue of $725.90 million for the quarter. H. B. Fuller had a net margin of 3.28% and a return on equity of 11.49%. H. B. Fuller has set its FY 2022 guidance at $4.100-$4.350 EPS. As a group, research analysts expect that H. B. Fuller Company will post 4.07 EPS for the current fiscal year.

H. B. Fuller Announces Dividend

The firm 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 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Thursday, October 16th. H. B. Fuller’s dividend payout ratio (DPR) is presently 50.81%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of H. B. Fuller in a research report on Tuesday, October 14th. Wall Street Zen raised shares of H. B. Fuller from a “hold” rating to a “buy” rating in a research report on Saturday. Seaport Res Ptn raised shares of H. B. Fuller from a “hold” rating to a “strong-buy” rating in a research report on Friday, September 26th. Finally, Citigroup raised shares of H. B. Fuller from a “neutral” rating to a “buy” rating and increased their price target for the stock from $62.00 to $70.00 in a research report on Wednesday, October 22nd. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, H. B. Fuller has an average rating of “Moderate Buy” and a consensus target price of $67.75.

H. B. Fuller 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.