H. B. Fuller Company $FUL Shares Purchased by Capital International Inc. CA

Capital International Inc. CA raised its position in H. B. Fuller Company (NYSE:FUL) by 32.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 54,099 shares of the specialty chemicals company’s stock after buying an additional 13,107 shares during the period. Capital International Inc. CA owned about 0.10% of H. B. Fuller worth $3,207,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of FUL. California State Teachers Retirement System increased its position in shares of H. B. Fuller by 0.3% during the second quarter. California State Teachers Retirement System now owns 50,486 shares of the specialty chemicals company’s stock worth $3,037,000 after purchasing an additional 173 shares in the last quarter. Nisa Investment Advisors LLC boosted its stake in H. B. Fuller by 1.0% during the 3rd quarter. Nisa Investment Advisors LLC now owns 24,867 shares of the specialty chemicals company’s stock worth $1,474,000 after purchasing an additional 251 shares during the last quarter. Cerity Partners LLC grew its holdings in shares of H. B. Fuller by 2.3% during the second quarter. Cerity Partners LLC now owns 11,499 shares of the specialty chemicals company’s stock worth $692,000 after buying an additional 261 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its position in shares of H. B. Fuller by 2.8% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 10,177 shares of the specialty chemicals company’s stock valued at $603,000 after buying an additional 273 shares during the last quarter. Finally, Corient Private Wealth LLC lifted its stake in shares of H. B. Fuller by 1.3% in the second quarter. Corient Private Wealth LLC now owns 23,835 shares of the specialty chemicals company’s stock worth $1,434,000 after buying an additional 303 shares in the last quarter. 95.93% of the stock is currently owned by hedge funds and other institutional investors.

H. B. Fuller Stock Performance

NYSE FUL opened at $57.39 on Thursday. The stock has a market cap of $3.13 billion, a PE ratio of 19.13, a P/E/G ratio of 0.87 and a beta of 1.07. The company has a current ratio of 1.70, a quick ratio of 1.06 and a debt-to-equity ratio of 1.01. H. B. Fuller Company has a twelve month low of $47.56 and a twelve month high of $68.63. The stock has a fifty day simple moving average of $63.11 and a 200-day simple moving average of $60.67.

H. B. Fuller (NYSE:FUL) last posted its earnings results on Thursday, January 15th. The specialty chemicals company reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.24 by $0.04. H. B. Fuller had a net margin of 4.38% and a return on equity of 12.21%. The company had revenue of $894.79 million for the quarter, compared to analysts’ expectations of $901.34 million. During the same quarter in the prior year, the company posted $0.92 earnings per share. H. B. Fuller’s revenue for the quarter was down 3.1% compared to the same quarter last year. Equities analysts anticipate that H. B. Fuller Company will post 4.07 earnings per share for the current year.

H. B. Fuller Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, February 19th. Shareholders of record on Thursday, February 5th were given a $0.235 dividend. The ex-dividend date of this dividend was Thursday, February 5th. This represents a $0.94 dividend on an annualized basis and a yield of 1.6%. H. B. Fuller’s payout ratio is presently 31.33%.

Analyst Upgrades and Downgrades

FUL has been the subject of several research reports. Wall Street Zen raised shares of H. B. Fuller from a “hold” rating to a “buy” rating in a research note on Saturday, February 14th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of H. B. Fuller in a report on Monday, December 29th. Citigroup boosted their price objective on H. B. Fuller from $70.00 to $76.00 and gave the stock a “buy” rating in a research note on Friday, January 16th. UBS Group set a $66.00 price target on H. B. Fuller in a report on Friday, January 16th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of H. B. Fuller in a research report on Friday, January 16th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, H. B. Fuller has a consensus rating of “Hold” and an average price target of $67.75.

About H. B. Fuller

H. B. Fuller Company, founded in 1887 and headquartered in St. Paul, Minnesota, is a global adhesives and specialty chemical solutions provider serving a wide array of industries. The company develops, manufactures and markets adhesive technologies, sealants, polymers and related chemical products designed to enhance product performance, sustainability and manufacturing efficiency.

Fuller’s product portfolio spans multiple market segments, including packaging and converting, general industrial assembly, electronics, transportation, hygiene and construction.