Fulton Financial (NASDAQ:FULT) Reaches New 52-Week High – Here’s What Happened

Posted by Francis Steltz on Jul 1st, 2026

Fulton Financial Corporation (NASDAQ:FULT – Get Free Report)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $24.46 and last traded at $24.4560, with a volume of 521138 shares. The stock had previously closed at $24.19.

Analyst Upgrades and Downgrades

Several brokerages recently commented on FULT. Wall Street Zen lowered Fulton Financial from a “hold” rating to a “sell” rating in a research report on Sunday, May 3rd. Piper Sandler set a $23.00 price target on Fulton Financial and gave the stock a “neutral” rating in a research note on Friday, June 12th. Weiss Ratings upgraded Fulton Financial from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 1st. Finally, Raymond James Financial raised their price objective on Fulton Financial from $24.00 to $26.00 and gave the company an “outperform” rating in a research note on Wednesday. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, Fulton Financial currently has a consensus rating of “Hold” and a consensus price target of $23.50.

Read Our Latest Research Report on Fulton Financial

Fulton Financial Price Performance

The stock has a market capitalization of $4.68 billion, a P/E ratio of 11.66 and a beta of 0.80. The business has a fifty day simple moving average of $22.09 and a 200 day simple moving average of $21.12. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.06.

Fulton Financial (NASDAQ:FULT – Get Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The bank reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.05. Fulton Financial had a return on equity of 12.69% and a net margin of 20.85%.The business had revenue of $331.86 million for the quarter, compared to analysts’ expectations of $359.36 million. During the same period last year, the business earned $0.52 EPS. On average, analysts expect that Fulton Financial Corporation will post 2.18 earnings per share for the current year.

Fulton Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st will be given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Wednesday, July 1st. Fulton Financial’s dividend payout ratio (DPR) is presently 36.19%.

Insider Activity

In other news, Director E Philip Wenger sold 5,000 shares of Fulton Financial stock in a transaction on Monday, April 13th. The stock was sold at an average price of $21.42, for a total transaction of $107,100.00. Following the sale, the director directly owned 80,477 shares in the company, valued at $1,723,817.34. The trade was a 5.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.01% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Dimensional Fund Advisors LP grew its holdings in Fulton Financial by 0.8% during the first quarter. Dimensional Fund Advisors LP now owns 11,177,001 shares of the bank’s stock valued at $227,333,000 after purchasing an additional 87,813 shares during the period. First Trust Advisors LP grew its stake in shares of Fulton Financial by 31.2% during the 1st quarter. First Trust Advisors LP now owns 8,050,923 shares of the bank’s stock worth $163,756,000 after acquiring an additional 1,912,709 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in Fulton Financial by 29.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,590,883 shares of the bank’s stock worth $88,743,000 after acquiring an additional 1,054,321 shares during the last quarter. American Century Companies Inc. increased its holdings in Fulton Financial by 25.3% in the 3rd quarter. American Century Companies Inc. now owns 3,583,100 shares of the bank’s stock worth $66,753,000 after acquiring an additional 723,948 shares during the last quarter. Finally, Fisher Asset Management LLC raised its stake in Fulton Financial by 6.4% in the 3rd quarter. Fisher Asset Management LLC now owns 3,363,509 shares of the bank’s stock valued at $62,662,000 after acquiring an additional 203,708 shares during the period. 72.02% of the stock is owned by institutional investors.

Fulton Financial Company Profile

(Get 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.