The Manufacturers Life Insurance Company Buys New Shares in Fulton Financial Corporation $FULT

Posted by Brenda Bartman on Sep 3rd, 2026

The Manufacturers Life Insurance Company purchased a new stake in Fulton Financial Corporation (NASDAQ:FULT – Free Report) in the second quarter, HoldingsChannel reports. The fund purchased 90,210 shares of the bank’s stock, valued at approximately $2,182,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Royal Bank of Canada increased its holdings in shares of Fulton Financial by 4.9% during the 1st quarter. Royal Bank of Canada now owns 220,706 shares of the bank’s stock worth $3,992,000 after purchasing an additional 10,242 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Fulton Financial by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 108,096 shares of the bank’s stock valued at $1,955,000 after buying an additional 4,727 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Fulton Financial by 5.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 448,832 shares of the bank’s stock valued at $8,119,000 after buying an additional 21,596 shares during the period. Jane Street Group LLC grew its position in Fulton Financial by 914.9% during the first quarter. Jane Street Group LLC now owns 308,243 shares of the bank’s stock worth $5,576,000 after buying an additional 277,871 shares in the last quarter. Finally, Strs Ohio acquired a new stake in Fulton Financial during the first quarter worth about $152,000. 72.02% of the stock is currently owned by institutional investors and hedge funds.

Fulton Financial Stock Performance

NASDAQ:FULT opened at $23.69 on Thursday. The firm has a market capitalization of $4.52 billion, a PE ratio of 11.33 and a beta of 0.78. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.15. Fulton Financial Corporation has a 12-month low of $16.60 and a 12-month high of $25.23. The firm has a 50-day moving average price of $24.21 and a 200 day moving average price of $22.35.

Fulton Financial (NASDAQ:FULT – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The bank reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.07. Fulton Financial had a return on equity of 12.68% and a net margin of 20.63%.The company had revenue of $367.87 million for the quarter, compared to the consensus estimate of $358.83 million. During the same period in the previous year, the business earned $0.55 earnings per share. The company’s quarterly revenue was up 12.2% on a year-over-year basis. Research analysts anticipate that Fulton Financial Corporation will post 2.23 earnings per share for the current fiscal year.

Fulton Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st were paid a $0.19 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $0.76 annualized dividend and a yield of 3.2%. Fulton Financial’s payout ratio is currently 36.36%.

Wall Street Analyst Weigh In

Several research firms have commented on FULT. Piper Sandler reaffirmed a “neutral” rating and issued a $27.00 price target (up from $23.00) on shares of Fulton Financial in a report on Monday, August 3rd. Weiss Ratings restated a “buy (b)” rating on shares of Fulton Financial in a research report on Wednesday, July 29th. DA Davidson upped their target price on Fulton Financial from $24.00 to $25.00 and gave the company a “neutral” rating in a research note on Friday, July 24th. Wall Street Zen raised Fulton Financial from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. Finally, Raymond James Financial lifted their price target on shares of Fulton Financial from $24.00 to $26.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 1st. Two equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Fulton Financial currently has an average rating of “Hold” and a consensus price target of $24.75.

Get Our Latest Stock Analysis on Fulton Financial

Insider Buying and Selling at Fulton Financial

In other Fulton Financial news, Director E Philip Wenger sold 5,000 shares of the company’s stock in a transaction on Monday, July 13th. The stock was sold at an average price of $24.14, for a total value of $120,700.00. Following the sale, the director directly owned 75,477 shares in the company, valued at $1,822,014.78. This represents a 6.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Lisa Crutchfield sold 4,100 shares of the stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $24.80, for a total value of $101,680.00. Following the transaction, the director owned 7,838 shares of the company’s stock, valued at $194,382.40. This represents a 34.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.01% of the stock is owned by insiders.

Fulton Financial Company Profile

(Free Report)

Fulton Financial Corporation, trading on the NASDAQ under the ticker FULT, is the financial holding company for Fulton Bank, headquartered in Lancaster, Pennsylvania. The company delivers a broad range of banking and financial services through its subsidiary, Fulton Bank, targeting both individual and corporate clients. Fulton Financial’s offerings include deposit accounts, lending solutions, treasury management, and specialized banking services designed to support personal wealth goals and business growth initiatives.

Through Fulton Bank, the company provides retail banking services such as checking and savings accounts, consumer and residential mortgage loans, and home equity products.