The H. B. Fuller Co. (FUL) VP Sold $1,159,250.00 in Stock

The H. B. Fuller Co. (FUL) VP Sold $1,159,250.00 in Stock

H. B. Fuller Co. (NYSE:FUL) VP James R. Giertz sold 25,000 shares of H. B. Fuller stock in a transaction on Thursday, October 6th. The stock was sold at an average price of $46.37, for a total transaction of $1,159,250.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Shares of H. B. Fuller Co. (NYSE:FUL) opened at 45.50 on Friday. The company has a market capitalization of $2.29 billion, a P/E ratio of 21.16 and a beta of 1.69. H. B. Fuller Co. has a 52-week low of $32.49 and a 52-week high of $48.83. The stock’s 50 day moving average is $46.77 and its 200 day moving average is $45.44.

H. B. Fuller (NYSE:FUL) last announced its quarterly earnings data on Wednesday, September 21st. The company reported $0.64 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.67 by $0.03. H. B. Fuller had a net margin of 5.32% and a return on equity of 13.66%. During the same quarter in the previous year, the firm posted $0.61 earnings per share. Equities analysts expect that H. B. Fuller Co. will post $2.48 EPS for the current year.

Several equities research analysts have weighed in on FUL shares. Zacks Investment Research downgraded shares of H. B. Fuller from a “buy” rating to a “hold” rating in a research note on Tuesday, June 28th. Citigroup Inc. started coverage on shares of H. B. Fuller in a research note on Thursday, September 29th. They issued a “buy” rating and a $53.00 price target for the company. Seaport Global Securities raised shares of H. B. Fuller from an “accumulate” rating to a “buy” rating and lifted their price target for the company from $50.00 to $51.00 in a research note on Monday, September 26th. Finally, Deutsche Bank AG lifted their price target on shares of H. B. Fuller from $47.00 to $50.00 and gave the company a “hold” rating in a research note on Friday, June 24th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $50.00.

Several large investors have recently made changes to their positions in FUL. Goldman Sachs Group Inc. boosted its stake in shares of H. B. Fuller by 268.6% in the first quarter. Goldman Sachs Group Inc. now owns 414,955 shares of the company’s stock worth $17,615,000 after buying an additional 302,369 shares during the period. Vanguard Group Inc. boosted its stake in shares of H. B. Fuller by 3.4% in the second quarter. Vanguard Group Inc. now owns 4,400,040 shares of the company’s stock worth $193,558,000 after buying an additional 145,591 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of H. B. Fuller by 8.8% in the second quarter. Dimensional Fund Advisors LP now owns 1,790,936 shares of the company’s stock worth $78,781,000 after buying an additional 144,249 shares during the period. BlackRock Fund Advisors boosted its stake in shares of H. B. Fuller by 3.4% in the second quarter. BlackRock Fund Advisors now owns 3,331,107 shares of the company’s stock valued at $146,535,000 after buying an additional 109,588 shares during the last quarter. Finally, Adage Capital Partners GP L.L.C. purchased a new stake in shares of H. B. Fuller during the second quarter valued at $4,399,000. 89.00% of the stock is owned by institutional investors.

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