Rep. Lloyd Smucker Sells Off Shares of Fulton Financial Corporation (NASDAQ:FULT)

Representative Lloyd Smucker (Republican-Pennsylvania) recently sold shares of Fulton Financial Corporation NASDAQ: FULT. In a filing disclosed on April 30th, the Representative disclosed that they had sold between $100,001 and $250,000 in Fulton Financial stock on April 17th. The trade occurred in the Representative's "SALE OF SPOUSE INHERITED ASSETS" account.

Representative Lloyd Smucker also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Verizon Communications NYSE: VZ on 4/23/2026.
• Sold $1,001 - $15,000 in shares of ENB Financial OTCMKTS: ENBP on 4/23/2026.
• Sold $50,001 - $100,000 in shares of Fulton Financial NASDAQ: FULT on 4/23/2026.
• Sold $1,001 - $15,000 in shares of Prudential Financial NYSE: PRU on 4/23/2026.
• Sold $15,001 - $50,000 in shares of Wells Fargo & Company NYSE: WFC on 4/23/2026.
• Sold $1,001 - $15,000 in shares of Truist Financial NYSE: TFC on 4/17/2026.

Fulton Financial Stock Up 0.1%

Shares of NASDAQ:FULT opened at $21.62 on Friday. 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 business has a fifty day moving average of $20.81 and a two-hundred day moving average of $19.86. The stock has a market cap of $3.89 billion, a P/E ratio of 10.30 and a beta of 0.81. Fulton Financial Corporation has a 52-week low of $16.60 and a 52-week high of $22.99.

Fulton Financial (NASDAQ:FULT - Get Free Report) last issued its earnings results on Wednesday, April 22nd. The bank reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.05. The company had revenue of $331.86 million during the quarter, compared to analysts' expectations of $359.36 million. Fulton Financial had a return on equity of 12.50% and a net margin of 20.85%.During the same period in the prior year, the business earned $0.52 EPS. On average, research analysts expect that Fulton Financial Corporation will post 2.17 earnings per share for the current year.

Fulton Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st were issued a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 3.5%. The ex-dividend date was Wednesday, April 1st. Fulton Financial's dividend payout ratio is presently 36.19%.

Hedge Funds Weigh In On Fulton Financial

Several hedge funds have recently bought and sold shares of FULT. Royal Bank of Canada lifted its stake in 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 acquiring an additional 10,242 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Fulton Financial by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 108,096 shares of the bank's stock worth $1,955,000 after acquiring an additional 4,727 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Fulton Financial by 5.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 448,832 shares of the bank's stock worth $8,119,000 after acquiring an additional 21,596 shares in the last quarter. Jane Street Group LLC lifted its stake in Fulton Financial by 914.9% during the 1st quarter. Jane Street Group LLC now owns 308,243 shares of the bank's stock worth $5,576,000 after acquiring an additional 277,871 shares in the last quarter. Finally, Strs Ohio acquired a new position in Fulton Financial during the 1st quarter worth about $152,000. Institutional investors and hedge funds own 72.02% of the company's stock.

Insider Transactions at Fulton Financial

In related news, Director E Philip Wenger sold 5,000 shares of the stock in a transaction dated 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 approximately $1,723,817.34. This represents a 5.85% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.01% of the company's stock.

Analyst Ratings Changes

FULT has been the subject of several analyst reports. DA Davidson initiated coverage on Fulton Financial in a report on Wednesday, February 25th. They issued a "neutral" rating and a $24.00 target price for the company. Raymond James Financial restated an "outperform" rating and issued a $24.00 target price on shares of Fulton Financial in a report on Monday. Wall Street Zen upgraded Fulton Financial from a "sell" rating to a "hold" rating in a report on Saturday, April 25th. Finally, Weiss Ratings upgraded Fulton Financial from a "hold (c+)" rating to a "buy (b-)" rating in a report 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, the company presently has an average rating of "Hold" and a consensus target price of $23.00.

About Representative Smucker

Lloyd Smucker (Republican Party) is a member of the U.S. House, representing Pennsylvania's 11th Congressional District. He assumed office on January 3, 2019. His current term ends on January 3, 2027. Smucker (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 11th Congressional District. He declared candidacy for the 2026 election. Smucker attended Franklin and Marshall and Lebanon Valley Colleges. His professional experience includes owning his own construction company from 1981 to 2005.

About Fulton Financial

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.