H.B. Fuller (NYSE:FUL) Share Price Crosses Above 200-Day Moving Average of $76.97

H.B. Fuller (NYSE:FUL) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $76.97 and traded as high as $79.71. H.B. Fuller shares last traded at $79.22, with a volume of 236,457 shares.

Analyst Ratings Changes

Several analysts have weighed in on the stock. StockNews.com upgraded shares of H.B. Fuller from a “hold” rating to a “buy” rating in a research note on Thursday, January 18th. Robert W. Baird lifted their price target on shares of H.B. Fuller from $80.00 to $90.00 and gave the company a “neutral” rating in a report on Monday, April 1st. Vertical Research began coverage on shares of H.B. Fuller in a report on Tuesday, March 19th. They set a “buy” rating and a $88.00 target price on the stock. Finally, Stifel Nicolaus boosted their target price on shares of H.B. Fuller from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, January 19th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, H.B. Fuller currently has a consensus rating of “Hold” and a consensus target price of $86.20.

H.B. Fuller Stock Up 1.0 %

The company has a current ratio of 1.99, a quick ratio of 1.23 and a debt-to-equity ratio of 1.03. The stock’s 50-day moving average is $78.06 and its 200-day moving average is $76.97. The company has a market cap of $4.32 billion, a price-to-earnings ratio of 28.81, a P/E/G ratio of 1.22 and a beta of 1.52.

H.B. Fuller (NYSE:FUL) last announced its quarterly earnings results on Wednesday, March 27th. The specialty chemicals company reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.64 by $0.03. The business had revenue of $810.42 million during the quarter, compared to analyst estimates of $823.04 million. H.B. Fuller had a net margin of 4.39% and a return on equity of 12.88%. H.B. Fuller’s quarterly revenue was up .2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.55 EPS. On average, analysts anticipate that H.B. Fuller will post 4.32 earnings per share for the current fiscal year.

H.B. Fuller Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 9th. Stockholders of record on Thursday, April 25th will be paid a $0.222 dividend. This is a positive change from H.B. Fuller’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend is Wednesday, April 24th. This represents a $0.89 annualized dividend and a dividend yield of 1.12%. H.B. Fuller’s dividend payout ratio is presently 32.36%.

Insider Transactions at H.B. Fuller

In other news, EVP Zhiwei Cai sold 4,645 shares of the company’s stock in a transaction on Monday, April 29th. The shares were sold at an average price of $75.15, for a total value of $349,071.75. Following the completion of the sale, the executive vice president now owns 30,663 shares in the company, valued at approximately $2,304,324.45. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, EVP Zhiwei Cai sold 4,645 shares of the company’s stock in a transaction on Monday, April 29th. The shares were sold at an average price of $75.15, for a total value of $349,071.75. Following the completion of the sale, the executive vice president now owns 30,663 shares in the company, valued at approximately $2,304,324.45. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Heather Campe sold 3,450 shares of the company’s stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of $76.83, for a total transaction of $265,063.50. Following the completion of the sale, the vice president now owns 19,736 shares of the company’s stock, valued at approximately $1,516,316.88. The disclosure for this sale can be found here. Insiders sold a total of 37,703 shares of company stock worth $2,934,251 in the last quarter. 1.96% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On H.B. Fuller

Several institutional investors have recently added to or reduced their stakes in FUL. Dorsey & Whitney Trust CO LLC lifted its holdings in H.B. Fuller by 11.0% during the third quarter. Dorsey & Whitney Trust CO LLC now owns 66,857 shares of the specialty chemicals company’s stock valued at $4,587,000 after purchasing an additional 6,606 shares during the last quarter. Financial Engines Advisors L.L.C. lifted its holdings in shares of H.B. Fuller by 88.3% in the third quarter. Financial Engines Advisors L.L.C. now owns 10,654 shares of the specialty chemicals company’s stock worth $731,000 after buying an additional 4,995 shares in the last quarter. Luminus Management LLC lifted its holdings in shares of 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. Kennedy Capital Management LLC lifted its holdings in shares of H.B. Fuller by 19.3% in the third quarter. Kennedy Capital Management LLC now owns 82,273 shares of the specialty chemicals company’s stock worth $5,645,000 after buying an additional 13,328 shares in the last quarter. Finally, Wesbanco Bank Inc. lifted its holdings in shares of H.B. Fuller by 90.2% in the third quarter. Wesbanco Bank Inc. now owns 9,700 shares of the specialty chemicals company’s stock worth $666,000 after buying an additional 4,600 shares in the last quarter. Institutional investors own 95.93% of the company’s stock.

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.