• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13G/A filed by H. B. Fuller Company (Amendment)

    2/14/23 3:09:23 PM ET
    $FUL
    Home Furnishings
    Industrials
    Get the next $FUL alert in real time by email
    SC 13G/A 1 mairspower-ful123122a15.htm



     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION
    Washington, DC 20549

     

    SCHEDULE 13G/A

     

    Under the Securities Exchange Act of 1934

    (Amendment No. 15)*



    H.B. Fuller Company

    (Name of Issuer)

     

    Common Stock, par value $1.00 per share

    (Title of Class of Securities)

     

    359694106

    (CUSIP Number)

     

     

    December 31, 2022
    (Date of Event Which Requires Filing of this Statement)

     

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     

    x Rule 13d-1(b)

    o Rule 13d-1(c)

    o Rule 13d-1(d)

     

     

    *The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

     

    The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     


     

    CUSIP No.  359694106
     SCHEDULE 13G/A
    Page 2 of 6 Pages

     

             
    1
    NAME OF REPORTING PERSONS
     
    Mairs and Power, Inc.
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a) o
    (b) o
     
    3
    SEC USE ONLY
     
     
    4
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
    Minnesota
    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON
    WITH
    5
    SOLE VOTING POWER
     
    2,462,160
    6
    SHARED VOTING POWER
     
    0
    7
    SOLE DISPOSITIVE POWER
     
    2,475,767
    8
    SHARED DISPOSITIVE POWER
     
    0
    9
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
    2,475,767
    10
    CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
     
     
    o
    11
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
     
    4.6%
    12
    TYPE OF REPORTING PERSON
     
    IA

     


     

     

    CUSIP No. 359694106
     SCHEDULE 13G/A
    Page 3 of 6 Pages

     

    Item 1.(a) Name of Issuer

    H.B. Fuller Company

    Item 1.(b) Address of Issuer’s Principal Executive Offices

    1200 Willow Lake Boulevard, St. Paul, Minnesota 55110-5101

    Item 2.(a) Name of Person Filing:

     

    Mairs and Power, Inc.

     

    Item 2.(b) Address of Principal Business Office:

     

    30 East 7th Street, Suite 2500, St. Paul, MN 55101

     

    Item 2.(c) Citizenship:

    Minnesota

      

    Item 2.(d) Title of Class of Securities

    Common Stock, par value $1.00 per share (the “Common Stock”)

     

    Item 2.(e) CUSIP No.:

    359694106

     

    CUSIP No.  359694106
     SCHEDULE 13G/A
    Page 4 of 6 Pages

     

     

    Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

      (a) ¨ Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
     
      (b) ¨ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
     
      (c) ¨ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
     
      (d) ¨ Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
     
      (e) x An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
     
      (f) ¨ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
     
      (g) ¨ A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
     
      (h) ¨ A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
     
      (i) ¨ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
     
      (j) ¨ A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);
     
      (k) ¨ A group, in accordance with §240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution:                            
           

     

    CUSIP No. 359694106
     SCHEDULE 13G/A
    Page 5 of 6 Pages

     

     

    Item 4. Ownership

    Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

     

    Mairs and Power, Inc.

    (a) Amount beneficially owned: 2,475,767 

    (b) Percent of class: 4.6% 

    (c) Number of shares as to which the person has:

    (i) Sole power to vote or direct the vote: 2,462,160

    (ii) Shared power to vote or direct the vote: 0

    (iii) Sole power to dispose or to direct the disposition of: 2,475,767

    (iv) Shared power to dispose or to direct the disposition of: 0

     

    Item 5. Ownership of Five Percent or Less of a Class

    If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X].

    Item 6. Ownership of More Than Five Percent on Behalf of Another Person

    Not Applicable.

    Item 7. Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company or Control Person

    Not Applicable.

    Item 8. Identification and Classification of Members of the Group

    Not Applicable.

    Item 9. Notice of Dissolution of Group 

    Not Applicable.

    Item 10. Certification

    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

     

     
    CUSIP No. 359694106
     SCHEDULE 13G/A
    Page 6 of 6 Pages

     

     

    SIGNATURE

     

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

     

    Dated: February 14, 2023

     

     

     

     

    Mairs and Power, Inc.

           
      By:  /s/ Robert W. Mairs
        Robert W. Mairs, CCO
           
           

     

    Get the next $FUL alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $FUL

    DatePrice TargetRatingAnalyst
    4/17/2025$60.00Neutral → Outperform
    Robert W. Baird
    3/5/2025Buy → Neutral
    Seaport Research Partners
    1/6/2025Buy → Hold
    Vertical Research
    3/19/2024$88.00Buy
    Vertical Research
    10/17/2023$80.00Outperform → Neutral
    Robert W. Baird
    9/11/2023$78.00Neutral
    Citigroup
    2/3/2023$72.00 → $85.00Neutral → Buy
    Citigroup
    6/24/2022$70.00 → $52.00Neutral → Underweight
    JP Morgan
    More analyst ratings

    $FUL
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • SEC Form 4 filed by Sr. VP, International Growth Campe Heather

      4 - FULLER H B CO (0000039368) (Issuer)

      5/28/25 10:52:54 AM ET
      $FUL
      Home Furnishings
      Industrials
    • SEC Form 4 filed by Executive VP and CFO Corkrean John J

      4 - FULLER H B CO (0000039368) (Issuer)

      5/28/25 10:52:56 AM ET
      $FUL
      Home Furnishings
      Industrials
    • SEC Form 4 filed by Executive VP and CFO Corkrean John J

      4 - FULLER H B CO (0000039368) (Issuer)

      5/12/25 2:58:05 PM ET
      $FUL
      Home Furnishings
      Industrials

    $FUL
    SEC Filings

    See more
    • SEC Form SD filed by H. B. Fuller Company

      SD - FULLER H B CO (0000039368) (Filer)

      5/30/25 4:23:55 PM ET
      $FUL
      Home Furnishings
      Industrials
    • H. B. Fuller Company filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

      8-K - FULLER H B CO (0000039368) (Filer)

      4/16/25 9:15:25 AM ET
      $FUL
      Home Furnishings
      Industrials
    • SEC Form 10-Q filed by H. B. Fuller Company

      10-Q - FULLER H B CO (0000039368) (Filer)

      3/27/25 3:16:24 PM ET
      $FUL
      Home Furnishings
      Industrials

    $FUL
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • President and CEO Mastin Celeste Beeks bought $198,310 worth of shares (3,500 units at $56.66) (SEC Form 4)

      4 - FULLER H B CO (0000039368) (Issuer)

      4/1/25 3:16:34 PM ET
      $FUL
      Home Furnishings
      Industrials

    $FUL
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G/A filed by H. B. Fuller Company (Amendment)

      SC 13G/A - FULLER H B CO (0000039368) (Subject)

      2/14/23 3:09:23 PM ET
      $FUL
      Home Furnishings
      Industrials
    • SEC Form SC 13G/A filed by H. B. Fuller Company (Amendment)

      SC 13G/A - FULLER H B CO (0000039368) (Subject)

      2/14/22 11:03:29 AM ET
      $FUL
      Home Furnishings
      Industrials
    • SEC Form SC 13G/A filed by H. B. Fuller Company (Amendment)

      SC 13G/A - FULLER H B CO (0000039368) (Subject)

      2/10/22 8:16:58 AM ET
      $FUL
      Home Furnishings
      Industrials

    $FUL
    Financials

    Live finance-specific insights

    See more
    • H.B. Fuller Increases Quarterly Dividend by 5.6 Percent

      H.B. Fuller Company (NYSE:FUL) today announced that its Board of Directors approved an increase in the Company's regular quarterly cash dividend from $0.2225 per share of common stock to $0.2350 per share of common stock, payable on May 13, 2025 to shareholders of record at the close of business on April 29, 2025. This represents a 5.6% increase over the prior quarterly dividend and marks the 56th consecutive year in which the Company has increased its dividend. About H.B. Fuller Company: As the largest pureplay adhesives company in the world, H.B. Fuller's (NYSE:FUL) innovative, functional coatings, adhesives and sealants enhance the quality, safety and performance of products people us

      4/15/25 12:00:00 PM ET
      $FUL
      Home Furnishings
      Industrials
    • H.B. Fuller Reports First Quarter 2025 Results

      Net Revenue of $789 million, down 2.7% year-on-year; Organic revenue up 1.9% year-on-year Net income of $13 million; Reported EPS (diluted) of $0.24; Adjusted EPS (diluted) of $0.54 Adjusted EBITDA of $114 million; Adjusted EBITDA margin of 14.5% Repurchased 678 thousand shares in the first quarter H.B. Fuller Company (NYSE:FUL) today reported financial results for its first quarter that ended March 1, 2025. First Quarter 2025 Noteworthy Items: Net revenue was $789 million; unfavorable foreign currency translation and the divestiture of the flooring business resulted in net revenue declining 2.7% year-on-year; organic revenue was up 1.9% year-on-year driven by improved volume; Gross m

      3/26/25 4:05:00 PM ET
      $FUL
      Home Furnishings
      Industrials
    • H.B. Fuller to Report First Quarter 2025 Results on March 26, 2025

      H.B. Fuller Company (NYSE:FUL) announced plans to report its financial results for the three-month fiscal period ended March 1, 2025, in a press release issued after the market close on March 26, 2025. The Company will hold an investor conference call on March 27, 2025, at 9:30 a.m. CT (10:30 a.m. ET) to discuss its financial results. Interested parties may listen to the conference call on a live webcast. The webcast, along with a supplemental presentation, may be accessed from the company's website at https://investors.hbfuller.com. Participants must register prior to accessing the webcast using this link and should do so at least 10 minutes prior to the start of the call to install and t

      3/12/25 4:05:00 PM ET
      $FUL
      Home Furnishings
      Industrials

    $FUL
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • MITER Brands Wins H.B. Fuller's 2025 Customer Innovation Award

      MITER Brands, a leading manufacturer of residential windows and patio doors, was named by H.B. Fuller Company (NYSE:FUL), the largest pureplay adhesives company in the world, as a winner of its 2025 Customer Innovation Awards. The awards honor forward-thinking customers whose innovations, powered by H.B. Fuller's adhesive technology, are setting new standards in sustainability, performance, and efficiency. MITER Brands received the award at H.B. Fuller's global awards program on April 24, 2025, in Minneapolis, Minnesota. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250528501816/en/MITER Brands, a leading manufacturer of reside

      5/28/25 10:24:00 AM ET
      $FUL
      Home Furnishings
      Industrials
    • Ingenuity in Action: H.B. Fuller Announces 2025 Customer Innovation Awards Winners

      Winners CMC Packaging Automation, Georgia-Pacific, Changzhou Xingyu, and MITER Brands Address Real-World Problems with Difference-Making Innovations H.B. Fuller Company (NYSE:FUL), the largest pureplay adhesives company in the world, has named CMC Packaging Automation, Georgia-Pacific, Changzhou Xingyu, and MITER Brands as the winners of its 2025 Customer Innovation Awards. The awards honor forward-thinking customers whose innovations, powered by H.B. Fuller's adhesive technology, are setting new standards in sustainability, performance, and efficiency. The recipients will be recognized at H.B. Fuller's global awards program on April 24, 2025, in Minneapolis, Minnesota. "At H.B. Fuller, i

      4/16/25 10:00:00 AM ET
      $FUL
      Home Furnishings
      Industrials
    • H.B. Fuller Increases Quarterly Dividend by 5.6 Percent

      H.B. Fuller Company (NYSE:FUL) today announced that its Board of Directors approved an increase in the Company's regular quarterly cash dividend from $0.2225 per share of common stock to $0.2350 per share of common stock, payable on May 13, 2025 to shareholders of record at the close of business on April 29, 2025. This represents a 5.6% increase over the prior quarterly dividend and marks the 56th consecutive year in which the Company has increased its dividend. About H.B. Fuller Company: As the largest pureplay adhesives company in the world, H.B. Fuller's (NYSE:FUL) innovative, functional coatings, adhesives and sealants enhance the quality, safety and performance of products people us

      4/15/25 12:00:00 PM ET
      $FUL
      Home Furnishings
      Industrials

    $FUL
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • H.B. Fuller upgraded by Robert W. Baird with a new price target

      Robert W. Baird upgraded H.B. Fuller from Neutral to Outperform and set a new price target of $60.00

      4/17/25 8:27:00 AM ET
      $FUL
      Home Furnishings
      Industrials
    • H.B. Fuller downgraded by Seaport Research Partners

      Seaport Research Partners downgraded H.B. Fuller from Buy to Neutral

      3/5/25 7:25:55 AM ET
      $FUL
      Home Furnishings
      Industrials
    • H.B. Fuller downgraded by Vertical Research

      Vertical Research downgraded H.B. Fuller from Buy to Hold

      1/6/25 9:10:25 AM ET
      $FUL
      Home Furnishings
      Industrials

    $FUL
    Leadership Updates

    Live Leadership Updates

    See more
    • H.B. Fuller Appoints Terry Rasmussen Chair of Board of Directors

      Lee R. Mitau to Retire After Years of Distinguished Service on the Board H.B. Fuller Company (NYSE:FUL) today announced that Teresa (Terry) J. Rasmussen has been appointed Chair of the company's Board of Directors following the retirement of Lee R. Mitau, effective January 22, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241021914494/en/Terry Rasmussen (Photo: Business Wire) "We are pleased to appoint a leader of Terry's caliber as the new Chair of H.B. Fuller's Board of Directors," says Celeste Mastin, H.B. Fuller's president and chief executive officer. "Having worked closely with Terry, I know firsthand that she is a

      10/21/24 9:13:00 AM ET
      $FUL
      Home Furnishings
      Industrials