H.B. Fuller (NYSE:FUL) Short Interest Up 9.4% in February

H.B. Fuller (NYSE:FULGet Free Report) was the target of a large increase in short interest in February. As of February 15th, there was short interest totalling 660,800 shares, an increase of 9.4% from the January 31st total of 603,900 shares. Based on an average daily volume of 299,500 shares, the short-interest ratio is currently 2.2 days.

Insider Buying and Selling at H.B. Fuller

In other H.B. Fuller news, VP Heather Campe sold 13,243 shares of the business’s stock in a transaction dated Wednesday, January 24th. The stock was sold at an average price of $77.05, for a total transaction of $1,020,373.15. Following the sale, the vice president now owns 20,406 shares in the company, valued at approximately $1,572,282.30. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, VP Muhammad Shahbaz Malik sold 14,000 shares of H.B. Fuller stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $76.28, for a total transaction of $1,067,920.00. Following the transaction, the vice president now owns 9,089 shares in the company, valued at $693,308.92. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP Heather Campe sold 13,243 shares of H.B. Fuller stock in a transaction on Wednesday, January 24th. The shares were sold at an average price of $77.05, for a total value of $1,020,373.15. Following the completion of the sale, the vice president now owns 20,406 shares in the company, valued at approximately $1,572,282.30. The disclosure for this sale can be found here. Insiders sold a total of 30,693 shares of company stock valued at $2,353,357 in the last ninety days. Corporate insiders own 1.96% of the company’s stock.

Hedge Funds Weigh In On H.B. Fuller

Institutional investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC raised its holdings in shares of H.B. Fuller by 3.7% in the second quarter. Geode Capital Management LLC now owns 1,037,198 shares of the specialty chemicals company’s stock valued at $74,170,000 after purchasing an additional 37,276 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of H.B. Fuller by 25.3% during the third quarter. Ameriprise Financial Inc. now owns 425,162 shares of the specialty chemicals company’s stock valued at $29,170,000 after acquiring an additional 85,716 shares during the last quarter. Luminus Management LLC raised its stake in H.B. Fuller by 123.9% in the third quarter. Luminus Management LLC now owns 410,351 shares of the specialty chemicals company’s stock worth $28,154,000 after buying an additional 227,055 shares in the last quarter. Public Employees Retirement Association of Colorado grew its holdings in H.B. Fuller by 2,588.7% in the fourth quarter. Public Employees Retirement Association of Colorado now owns 335,119 shares of the specialty chemicals company’s stock worth $27,282,000 after purchasing an additional 322,655 shares during the period. Finally, Tudor Investment Corp Et Al grew its holdings in H.B. Fuller by 150.7% in the second quarter. Tudor Investment Corp Et Al now owns 105,666 shares of the specialty chemicals company’s stock worth $7,556,000 after purchasing an additional 63,524 shares during the period. 94.14% of the stock is currently owned by institutional investors and hedge funds.

H.B. Fuller Stock Up 0.3 %

H.B. Fuller stock opened at $79.75 on Tuesday. The firm has a market cap of $4.32 billion, a price-to-earnings ratio of 30.79, a P/E/G ratio of 1.26 and a beta of 1.52. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.89 and a quick ratio of 1.26. H.B. Fuller has a fifty-two week low of $62.57 and a fifty-two week high of $83.64. The firm has a fifty day moving average price of $78.19 and a two-hundred day moving average price of $74.27.

H.B. Fuller (NYSE:FULGet Free Report) last posted its quarterly earnings data on Thursday, January 18th. The specialty chemicals company reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.27 by $0.05. The company had revenue of $903.00 million for the quarter, compared to the consensus estimate of $929.85 million. H.B. Fuller had a net margin of 4.13% and a return on equity of 12.73%. The business’s revenue was down 5.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.04 EPS. As a group, analysts forecast that H.B. Fuller will post 4.35 earnings per share for the current year.

H.B. Fuller Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 21st. Shareholders of record on Wednesday, February 7th were issued a $0.205 dividend. This represents a $0.82 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date was Tuesday, February 6th. H.B. Fuller’s dividend payout ratio is currently 31.66%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on FUL shares. Robert W. Baird restated a “neutral” rating and issued a $80.00 price target on shares of H.B. Fuller in a report on Friday, January 19th. StockNews.com upgraded H.B. Fuller from a “hold” rating to a “buy” rating in a research note on Thursday, January 18th. Finally, Stifel Nicolaus raised their target price on H.B. Fuller from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, January 19th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $83.25.

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H.B. Fuller Company Profile

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H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, additives, and other specialty chemical products in North America, Europe, Latin America, Asia Pacific, India, the Middle East, Africa, and internationally.

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