Palisade Capital Management LP Buys Shares of 517,485 Fulton Financial Corporation $FULT

Posted by Brenda Bartman on Aug 26th, 2026

Palisade Capital Management LP purchased a new stake in Fulton Financial Corporation (NASDAQ:FULT – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 517,485 shares of the bank’s stock, valued at approximately $12,518,000. Palisade Capital Management LP owned about 0.27% of Fulton Financial as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Norges Bank acquired a new position in Fulton Financial during the fourth quarter worth about $44,271,000. First Trust Advisors LP lifted its holdings in shares of Fulton Financial by 31.2% in the first 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 last quarter. Bank of America Corp DE boosted its stake in shares of Fulton Financial by 132.4% in the 1st quarter. Bank of America Corp DE now owns 1,576,996 shares of the bank’s stock valued at $32,076,000 after purchasing an additional 898,435 shares in the last quarter. Jefferies Financial Group Inc. acquired a new stake in shares of Fulton Financial in the 4th quarter valued at approximately $4,580,000. Finally, UBS Group AG grew its holdings in shares of Fulton Financial by 78.0% during the 4th quarter. UBS Group AG now owns 666,449 shares of the bank’s stock valued at $12,882,000 after purchasing an additional 291,975 shares during the last quarter. Institutional investors and hedge funds own 72.02% of the company’s stock.

Insider Transactions at Fulton Financial

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

Fulton Financial Stock Up 0.3%

Shares of FULT opened at $23.66 on Wednesday. The stock’s 50-day moving average price is $24.16 and its two-hundred day moving average price is $22.30. Fulton Financial Corporation has a 12 month low of $16.60 and a 12 month high of $25.23. The company has a market capitalization of $4.52 billion, a PE ratio of 11.32 and a beta of 0.79. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.15.

Fulton Financial (NASDAQ:FULT – Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The bank reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.07. Fulton Financial had a net margin of 20.63% and a return on equity of 12.68%. The company had revenue of $367.87 million during the quarter, compared to analysts’ expectations of $358.83 million. During the same period in the prior year, the company posted $0.55 earnings per share. Fulton Financial’s revenue for the quarter was up 12.2% compared to the same quarter last year. On average, analysts anticipate that Fulton Financial Corporation will post 2.23 EPS for the current year.

Fulton Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date was Wednesday, July 1st. Fulton Financial’s dividend payout ratio (DPR) is presently 36.36%.

Wall Street Analysts Forecast Growth

FULT has been the subject of a number of research analyst reports. Raymond James Financial upped their price objective on shares of Fulton Financial from $24.00 to $26.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. Weiss Ratings restated a “buy (b)” rating on shares of Fulton Financial in a research report on Wednesday, July 29th. Piper Sandler reaffirmed a “neutral” rating and set a $27.00 target price (up from $23.00) on shares of Fulton Financial in a research note on Monday, August 3rd. Wall Street Zen upgraded Fulton Financial from a “sell” rating to a “hold” rating in a research note on Saturday, July 25th. Finally, DA Davidson increased their price target on Fulton Financial from $24.00 to $25.00 and gave the company a “neutral” rating in a research note on Friday, July 24th. Two research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $24.75.

Get Our Latest Research Report on Fulton Financial

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.