HB Fuller Co (FUL) Holdings Reduced by Chatham Capital Group Inc.

Chatham Capital Group Inc. lowered its holdings in HB Fuller Co (NYSE:FUL) by 2.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 31,957 shares of the specialty chemicals company’s stock after selling 751 shares during the quarter. Chatham Capital Group Inc.’s holdings in HB Fuller were worth $1,554,000 as of its most recent filing with the SEC.

A number of other institutional investors have also bought and sold shares of the business. Brinker Capital Inc. raised its position in shares of HB Fuller by 4.0% during the first quarter. Brinker Capital Inc. now owns 5,389 shares of the specialty chemicals company’s stock worth $262,000 after acquiring an additional 206 shares during the last quarter. State of Alaska Department of Revenue raised its position in shares of HB Fuller by 1.8% during the fourth quarter. State of Alaska Department of Revenue now owns 16,948 shares of the specialty chemicals company’s stock worth $723,000 after acquiring an additional 300 shares during the last quarter. Oregon Public Employees Retirement Fund raised its position in shares of HB Fuller by 1.8% during the first quarter. Oregon Public Employees Retirement Fund now owns 19,635 shares of the specialty chemicals company’s stock worth $955,000 after acquiring an additional 355 shares during the last quarter. Whittier Trust Co. of Nevada Inc. raised its position in shares of HB Fuller by 16.5% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 2,643 shares of the specialty chemicals company’s stock worth $113,000 after acquiring an additional 375 shares during the last quarter. Finally, Piedmont Investment Advisors Inc. raised its position in shares of HB Fuller by 3.5% during the fourth quarter. Piedmont Investment Advisors Inc. now owns 12,063 shares of the specialty chemicals company’s stock worth $515,000 after acquiring an additional 404 shares during the last quarter. 97.98% of the stock is currently owned by institutional investors.

A number of equities research analysts have recently weighed in on the company. ValuEngine downgraded HB Fuller from a “hold” rating to a “sell” rating in a research report on Monday. Zacks Investment Research downgraded HB Fuller from a “hold” rating to a “sell” rating in a research report on Thursday, January 24th. Deutsche Bank downgraded HB Fuller from a “buy” rating to a “hold” rating and set a $50.00 target price for the company. in a research report on Tuesday, February 5th. Finally, JPMorgan Chase & Co. downgraded HB Fuller from an “overweight” rating to a “neutral” rating and set a $50.79 target price for the company. in a research report on Tuesday, April 9th. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company’s stock. HB Fuller currently has an average rating of “Hold” and a consensus target price of $57.97.

NYSE FUL opened at $42.83 on Thursday. The stock has a market capitalization of $2.20 billion, a P/E ratio of 14.46, a P/E/G ratio of 1.10 and a beta of 1.42. The company has a quick ratio of 1.36, a current ratio of 2.10 and a debt-to-equity ratio of 1.83. HB Fuller Co has a 12 month low of $39.61 and a 12 month high of $59.58.

HB Fuller (NYSE:FUL) last released its quarterly earnings data on Wednesday, March 27th. The specialty chemicals company reported $0.34 EPS for the quarter, meeting analysts’ consensus estimates of $0.34. The business had revenue of $673.00 million during the quarter, compared to the consensus estimate of $697.64 million. HB Fuller had a return on equity of 13.53% and a net margin of 4.52%. The company’s quarterly revenue was down 5.6% compared to the same quarter last year. On average, equities research analysts predict that HB Fuller Co will post 3.29 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 2nd. Investors of record on Thursday, April 18th were issued a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date was Wednesday, April 17th. This is an increase from HB Fuller’s previous quarterly dividend of $0.16. HB Fuller’s dividend payout ratio is currently 21.33%.

In related news, VP Heather Campe sold 11,457 shares of the company’s stock in a transaction dated Friday, April 5th. The stock was sold at an average price of $50.36, for a total value of $576,974.52. Following the completion of the sale, the vice president now owns 20,644 shares in the company, valued at $1,039,631.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 3.46% of the company’s stock.

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HB Fuller Profile

H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, and other specialty chemical products worldwide. The company operates through five segments: Americas Adhesives, EIMEA, Asia Pacific, Construction Adhesives, and Engineering Adhesives.

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Institutional Ownership by Quarter for HB Fuller (NYSE:FUL)

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