Fulton Financial (NASDAQ:FULT) Raised to "Hold" at Wall Street Zen

Key Points

• Wall Street Zen upgraded Fulton Financial (FULT) from "sell" to Hold; overall analyst consensus is Hold with an average target of $22, while some brokers discuss a $24 target and Weiss Ratings upgraded to "buy".
• Fulton beat Q1 EPS ($0.55 vs. $0.50 est.) but missed revenue (~$331.9M vs. ~$359M); management reaffirmed 2026 mid‑single‑digit loan growth guidance and expects Blue Foundry integration to reach ~50% cost‑save run rate by Q4, a potential multi‑quarter catalyst if executed.
• Shares trade around $21.43 (52‑week range $16.31–$22.99) with a market cap of ~$3.85B and a PE of 10.2; ~5% of shares are short and recent insider selling was disclosed, which could add near‑term volatility.

Fulton Financial (NASDAQ:FULT - Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a research report issued on Saturday.

A number of other brokerages have also weighed in on FULT. DA Davidson assumed coverage on Fulton Financial in a research note on Wednesday, February 25th. They set a "neutral" rating and a $24.00 price objective for the company. Weiss Ratings upgraded Fulton Financial from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, February 27th. Two investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Fulton Financial currently has an average rating of "Hold" and an average target price of $22.00.

Fulton Financial Price Performance

Shares of NASDAQ FULT opened at $21.43 on Friday. Fulton Financial has a fifty-two week low of $16.31 and a fifty-two week high of $22.99. The business has a 50 day moving average price of $20.84 and a two-hundred day moving average price of $19.77. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.08. The firm has a market cap of $3.85 billion, a PE ratio of 10.20 and a beta of 0.81.

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 analysts' consensus estimates of $0.50 by $0.05. Fulton Financial had a return on equity of 12.50% and a net margin of 20.85%.The firm had revenue of $331.86 million during the quarter, compared to analyst estimates of $359.36 million. During the same quarter last year, the firm earned $0.52 EPS. Sell-side analysts expect that Fulton Financial will post 2.09 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Fulton Financial news, Director E Philip Wenger sold 5,000 shares of the stock in a transaction that occurred 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 transaction, the director owned 80,477 shares of the company's stock, valued at $1,723,817.34. This trade represents a 5.85% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.01% of the stock is currently owned by corporate insiders.

Institutional Trading of Fulton Financial

Several hedge funds have recently made changes to their positions in the stock. Root Financial Partners LLC lifted its holdings in shares of Fulton Financial by 89.9% in the 1st quarter. Root Financial Partners LLC now owns 1,282 shares of the bank's stock worth $26,000 after purchasing an additional 607 shares during the last quarter. Master S Wealth Management Inc. bought a new stake in shares of Fulton Financial in the 1st quarter worth approximately $204,000. Inspire Investing LLC lifted its holdings in shares of Fulton Financial by 4.9% in the 1st quarter. Inspire Investing LLC now owns 25,310 shares of the bank's stock worth $515,000 after purchasing an additional 1,176 shares during the last quarter. Pictet Asset Management Holding SA lifted its holdings in shares of Fulton Financial by 16.1% in the 1st quarter. Pictet Asset Management Holding SA now owns 29,597 shares of the bank's stock worth $602,000 after purchasing an additional 4,094 shares during the last quarter. Finally, Sterling Capital Management LLC lifted its holdings in shares of Fulton Financial by 160.1% in the 1st quarter. Sterling Capital Management LLC now owns 27,460 shares of the bank's stock worth $559,000 after purchasing an additional 16,904 shares during the last quarter. Institutional investors own 72.02% of the company's stock.

Trending Headlines about Fulton Financial

Here are the key news stories impacting Fulton Financial this week:

• Positive Sentiment: Q1 earnings beat consensus on the bottom line (reported $0.55 EPS vs ~$0.50 est.), which shows core profitability resiliency and supported by commentary that regional bank investors view the quarter as a win. KRE Regional Bank Investors Win as Fulton (FULT) Beats Q1 Earnings
• Positive Sentiment: Management reaffirmed 2026 guidance (mid-single-digit loan growth) and reiterated Blue Foundry integration targets, calling for a ~50% cost-save run rate by Q4 — a multi-quarter catalyst if delivery matches targets. Fulton affirms 2026 mid-single-digit loan growth outlook while Blue Foundry integration targets 50% cost-save run rate by Q4
• Neutral Sentiment: Analyst narrative is shifting around potential deal upside and higher price targets (a $24 target is being discussed), but this is speculative near-term and depends on execution and M&A clarity. How The Fulton Financial (FULT) Narrative Is Shifting Around Deals And The US$24 Price Target
• Neutral Sentiment: Full earnings call transcript provides more color on loan growth, margins and integration timing — useful for investors who want to parse management’s cadence on cost saves and capital deployment. Fulton Financial Corporation (FULT) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Top-line miss: revenue came in below consensus (company reported ~$331.9M vs ~\$359M street estimate), and that revenue shortfall is the primary immediate driver of the share pullback as investors weigh growth versus profitability. Why Fulton Financial (FULT) stock is trading lower today
• Negative Sentiment: Short-interest dynamics: although reported short interest fell ~30% to ~8.92M shares as of April 15 (≈5% of shares short, ~4.6 days to cover), remaining short exposure can still add volatility if sentiment worsens. (Note: one data entry showing “0” short shares appears to be a reporting error.)

Fulton Financial Company Profile

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.

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