H.B. Fuller (NYSE:FUL – Get Score) introduced a quarterly dividend on Friday, October seventh, Wall Road Journal studies. Stockholders of document on Thursday, October twentieth can be given a dividend of 0.19 per share by the specialty chemical compounds firm on Thursday, November third. This represents a $0.76 annualized dividend and a dividend yield of 1.18%. The ex-dividend date of this dividend is Wednesday, October nineteenth.
H.B. Fuller has raised its dividend fee by a mean of 25.4% per yr during the last three years and has raised its dividend yearly for the final 52 years. H.B. Fuller has a payout ratio of 16.2% indicating that its dividend is sufficiently coated by earnings. Analysts anticipate H.B. Fuller to earn $4.73 per share subsequent yr, which suggests the corporate ought to proceed to have the ability to cowl its $0.76 annual dividend with an anticipated future payout ratio of 16.1%.
H.B. Fuller Worth Efficiency
Shares of FUL inventory traded down $2.59 throughout mid-day buying and selling on Friday, hitting $64.62. 277,830 shares of the inventory have been exchanged, in comparison with its common quantity of 341,070. The agency has a fifty day transferring common of $64.97 and a 200 day transferring common of $65.46. The corporate has a fast ratio of 1.18, a present ratio of 1.93 and a debt-to-equity ratio of 1.19. H.B. Fuller has a 52-week low of $57.36 and a 52-week excessive of $81.73. The corporate has a market cap of $3.45 billion, a PE ratio of 18.83 and a beta of 1.49.
H.B. Fuller (NYSE:FUL – Get Score) final issued its quarterly earnings outcomes on Wednesday, September twenty first. The specialty chemical compounds firm reported $1.06 earnings per share for the quarter, beating analysts’ consensus estimates of $1.05 by $0.01. The agency had income of $941.20 million for the quarter, in comparison with analyst estimates of $944.11 million. H.B. Fuller had a web margin of 5.33% and a return on fairness of 13.89%. H.B. Fuller’s quarterly income was up 13.8% in comparison with the identical quarter final yr. Throughout the identical interval final yr, the corporate posted $0.79 EPS. Analysis analysts anticipate that H.B. Fuller will put up 4.2 earnings per share for the present yr.
Analysts Set New Worth Targets
Quite a lot of analysis analysts not too long ago weighed in on FUL shares. JPMorgan Chase & Co. lowered shares of H.B. Fuller from a “impartial” ranking to an “underweight” ranking and decreased their value goal for the corporate from $70.00 to $52.00 in a analysis notice on Friday, June twenty fourth. Deutsche Financial institution Aktiengesellschaft decreased their value goal on shares of H.B. Fuller from $85.00 to $72.00 and set a “purchase” ranking on the inventory in a analysis notice on Friday, June twenty fourth. One analyst has rated the inventory with a promote ranking, two have issued a maintain ranking and three have assigned a purchase ranking to the inventory. In line with MarketBeat, the inventory at present has a consensus ranking of “Maintain” and a mean goal value of $71.00.
Insider Shopping for and Promoting at H.B. Fuller
In different H.B. Fuller information, VP Nathan D. Weaver offered 5,988 shares of the inventory in a transaction dated Monday, July twenty fifth. The shares have been offered at a mean value of $62.82, for a complete worth of $376,166.16. Following the completion of the sale, the vice chairman now owns 3,766 shares within the firm, valued at roughly $236,580.12. The transaction was disclosed in a authorized submitting with the SEC, which may be accessed by this hyperlink. In different information, VP Nathan D. Weaver offered 5,326 shares of the agency’s inventory in a transaction that occurred on Thursday, August eleventh. The shares have been offered at a mean value of $66.91, for a complete transaction of $356,362.66. Following the completion of the sale, the vice chairman now owns 3,354 shares within the firm, valued at roughly $224,416.14. The sale was disclosed in a authorized submitting with the Securities & Alternate Fee, which may be accessed by this hyperlink. Additionally, VP Nathan D. Weaver offered 5,988 shares of the agency’s inventory in a transaction that occurred on Monday, July twenty fifth. The inventory was offered at a mean value of $62.82, for a complete transaction of $376,166.16. Following the sale, the vice chairman now owns 3,766 shares of the corporate’s inventory, valued at roughly $236,580.12. The disclosure for this sale may be discovered right here. 4.69% of the inventory is owned by insiders.
Institutional Buying and selling of H.B. Fuller
Quite a lot of hedge funds and different institutional buyers have not too long ago made adjustments to their positions in FUL. Luminus Administration LLC acquired a brand new stake in H.B. Fuller within the 1st quarter valued at roughly $3,396,000. MetLife Funding Administration LLC elevated its holdings in H.B. Fuller by 55.7% within the 1st quarter. MetLife Funding Administration LLC now owns 27,833 shares of the specialty chemical compounds firm’s inventory valued at $1,839,000 after buying an extra 9,960 shares over the past quarter. UBS Asset Administration Americas Inc. elevated its holdings in H.B. Fuller by 4.9% within the 2nd quarter. UBS Asset Administration Americas Inc. now owns 66,538 shares of the specialty chemical compounds firm’s inventory valued at $4,006,000 after buying an extra 3,081 shares over the past quarter. Lastly, Eagle Bay Advisors LLC acquired a brand new stake in H.B. Fuller within the 2nd quarter valued at roughly $33,000. Institutional buyers and hedge funds personal 96.38% of the corporate’s inventory.
H.B. Fuller Firm Profile
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H.B. Fuller Firm, along with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, components, and different specialty chemical merchandise worldwide. The corporate operates by three segments: Hygiene, Well being and Consumable Adhesives; Engineering Adhesives; and Building Adhesives.
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