H.B. Fuller (NYSE:FUL) Shares Bought by S&CO Inc.

S&CO Inc. lifted its stake in shares of H.B. Fuller (NYSE:FUL) by 0.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 267,192 shares of the specialty chemicals company’s stock after buying an additional 920 shares during the quarter. H.B. Fuller comprises about 1.4% of S&CO Inc.’s holdings, making the stock its 19th biggest holding. S&CO Inc.’s holdings in H.B. Fuller were worth $21,209,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Bank of New York Mellon Corp lifted its position in H.B. Fuller by 1.4% in the second quarter. Bank of New York Mellon Corp now owns 525,731 shares of the specialty chemicals company’s stock valued at $40,460,000 after acquiring an additional 7,292 shares during the last quarter. Dorsey & Whitney Trust CO LLC increased its position in shares of H.B. Fuller by 8.1% during the second quarter. Dorsey & Whitney Trust CO LLC now owns 71,354 shares of the specialty chemicals company’s stock worth $5,491,000 after purchasing an additional 5,356 shares in the last quarter. New York State Teachers Retirement System lifted its holdings in shares of H.B. Fuller by 3.1% in the 2nd quarter. New York State Teachers Retirement System now owns 88,348 shares of the specialty chemicals company’s stock valued at $6,799,000 after purchasing an additional 2,694 shares during the last quarter. Finally, Marshall Wace LLP boosted its position in shares of H.B. Fuller by 9.9% in the 2nd quarter. Marshall Wace LLP now owns 290,005 shares of the specialty chemicals company’s stock valued at $22,319,000 after purchasing an additional 26,239 shares during the period. Institutional investors and hedge funds own 95.93% of the company’s stock.

H.B. Fuller Trading Up 0.4 %

Shares of H.B. Fuller stock opened at $75.96 on Friday. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.16 and a current ratio of 1.89. The company has a market capitalization of $4.15 billion, a P/E ratio of 23.44, a PEG ratio of 1.43 and a beta of 1.42. H.B. Fuller has a 1 year low of $72.60 and a 1 year high of $87.67. The company’s fifty day moving average is $78.08 and its two-hundred day moving average is $79.36.

H.B. Fuller (NYSE:FUL) last released its quarterly earnings results on Wednesday, September 25th. The specialty chemicals company reported $1.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.23 by ($0.10). The company had revenue of $917.93 million for the quarter, compared to analysts’ expectations of $944.04 million. H.B. Fuller had a return on equity of 13.39% and a net margin of 5.15%. The business’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same period in the prior year, the business earned $1.06 EPS. Analysts forecast that H.B. Fuller will post 4.17 earnings per share for the current year.

H.B. Fuller Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Thursday, October 17th were issued a $0.2225 dividend. This represents a $0.89 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date was Thursday, October 17th. H.B. Fuller’s payout ratio is currently 27.47%.

Analysts Set New Price Targets

Separately, StockNews.com lowered H.B. Fuller from a “buy” rating to a “hold” rating in a research report on Wednesday, September 18th.

H.B. Fuller Profile

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.