Fuller H B Co director Martin acquires $22,997 of common stock

Celine Christine Martin, a director at Fuller H B Co (NASDAQ:FUL), acquired 464.599 shares of the company's common stock on September 30, 2026, for a total of approximately $22,997. The shares were purchased at prices fluctuating between $49.50 and $49.51 per share. This transaction occurred as the stock is trading near its 52-week low of $46.70, currently priced at $50.31.

According to InvestingPro analysis, Fuller appears to be undervalued at its current valuation, with a Fair Value indicating significant potential for upward movement. The stock is also featured on InvestingPro's Most Undervalued list. Fuller has a history of raising its dividend for 33 consecutive years, a notable aspect among eight key insights provided in the Pro Research Report.

The filing also disclosed Martin's portfolio of derivative securities, which include 1,310.03 restricted stock units and 2,906.53 stock units. These units can be converted into common stock on a one-for-one basis and are subject to legal holding periods upon triggering events like retirement, death, or disability. Following these stock acquisitions, Martin directly beneficially owns 464.599 shares of Fuller H B Co common stock.

In related news, H.B. Fuller reported its Q3 2026 financial results, exceeding analysts' expectations with adjusted earnings of $1.52 per share, compared to the forecasted $1.47 per share. However, the company's revenue for the quarter fell short of predictions, with actual revenue at $938 million against an estimated $948.25 million.

Despite the earnings beat, investors remain cautious about the revenue miss and prospective demand trends. In response, Baird lowered its stock price target from $75 to $65, while maintaining an Outperform rating, based on the firm's fiscal 2027 earnings per share estimate of $5.20.