Jones Financial Companies Lllp Purchases 506 Shares of H.B. Fuller (NYSE:FUL)

Jones Financial Companies Lllp grew its position in shares of H.B. Fuller (NYSE:FUL) by 128.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 899 shares of the specialty chemicals company’s stock after acquiring an additional 506 shares during the quarter. Jones Financial Companies Lllp’s holdings in H.B. Fuller were worth $61,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. Wesbanco Bank Inc. grew its holdings in H.B. Fuller by 41.2% during the fourth quarter. Wesbanco Bank Inc. now owns 13,700 shares of the specialty chemicals company’s stock worth $924,000 after buying an additional 4,000 shares in the last quarter. Geode Capital Management LLC grew its holdings in H.B. Fuller by 1.5% during the third quarter. Geode Capital Management LLC now owns 1,258,752 shares of the specialty chemicals company’s stock worth $99,939,000 after buying an additional 18,734 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in H.B. Fuller by 17.2% during the fourth quarter. Bank of New York Mellon Corp now owns 554,947 shares of the specialty chemicals company’s stock worth $37,448,000 after buying an additional 81,558 shares in the last quarter. Finally, Lord Abbett & CO. LLC grew its holdings in H.B. Fuller by 79.8% during the third quarter. Lord Abbett & CO. LLC now owns 730,058 shares of the specialty chemicals company’s stock worth $57,952,000 after buying an additional 324,056 shares in the last quarter. Institutional investors own 95.93% of the company’s stock.

H.B. Fuller Stock Up 1.1 %

Shares of NYSE:FUL opened at $54.01 on Tuesday. The company has a market capitalization of $2.93 billion, a PE ratio of 23.38, a price-to-earnings-growth ratio of 1.13 and a beta of 1.41. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.81 and a quick ratio of 1.16. The business has a fifty day moving average price of $59.82 and a two-hundred day moving average price of $70.32. H.B. Fuller has a 1 year low of $52.59 and a 1 year high of $87.67.

H.B. Fuller (NYSE:FUL) last issued its quarterly earnings results on Wednesday, January 15th. The specialty chemicals company reported $0.92 EPS for the quarter, missing analysts’ consensus estimates of $1.00 by ($0.08). H.B. Fuller had a net margin of 3.65% and a return on equity of 12.01%. The firm had revenue of $923.00 million for the quarter, compared to analysts’ expectations of $916.84 million. During the same period in the prior year, the company earned $1.32 EPS. The firm’s quarterly revenue was up 2.2% on a year-over-year basis. Analysts forecast that H.B. Fuller will post 4.07 earnings per share for the current year.

H.B. Fuller Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 20th. Stockholders of record on Thursday, February 6th were given a dividend of $0.2225 per share. The ex-dividend date of this dividend was Thursday, February 6th. This represents a $0.89 dividend on an annualized basis and a dividend yield of 1.65%. H.B. Fuller’s dividend payout ratio is presently 38.53%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on FUL shares. Deutsche Bank Aktiengesellschaft decreased their price target on H.B. Fuller from $75.00 to $72.00 and set a “buy” rating for the company in a report on Wednesday, January 22nd. Citigroup decreased their price target on H.B. Fuller from $78.00 to $68.00 and set a “neutral” rating for the company in a report on Friday, January 3rd. Vertical Research downgraded H.B. Fuller from a “buy” rating to a “hold” rating in a report on Monday, January 6th. JPMorgan Chase & Co. reduced their price objective on H.B. Fuller from $70.00 to $60.00 and set an “underweight” rating for the company in a research note on Friday, January 17th. Finally, Seaport Res Ptn downgraded H.B. Fuller from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 5th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $75.60.

About H.B. Fuller

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.