Fulton Financial Corp (NASDAQ: FULT) is 11.19% higher on its value in year-to-date trading and has touched a low of $14.32 and a high of $22.49 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FULT stock was last observed hovering at around $18.52 in the last trading session, with the day’s gains setting it 1389981.48%.
Currently trading at $1390000.0, the stock is 7.05% and 8.18% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.97 million and changing 1.94% at the moment leaves the stock 1.06% off its SMA200. FULT registered -2.07% loss for a year compared to 6-month loss of -3.92%. The firm has a 50-day simple moving average (SMA 50) of $17.4522 and a 200-day simple moving average (SMA200) of $18.68285.
The stock witnessed a 10.60% gain in the last 1 month and extending the period to 3 months gives it a 6.01%, and is 6.13% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.87% over the week and 2.48% over the month.
Fulton Financial Corp (FULT) has around 3400 employees, a market worth around $3.43B and $1.89B in sales. Current P/E ratio is 11.09 and Fwd P/E is 9.33. Profit margin for the company is 16.37%. Distance from 52-week low is 31.80% and -16.05% from its 52-week high. The company has generated returns on investments over the last 12 months (6.28%).
The EPS is expected to grow by 16.16% this year
402.0 institutions hold shares in Fulton Financial Corp (FULT), with institutional investors hold 77.75% of the company’s shares. The shares outstanding are 182.20M, and float is at 179.53M with Short Float at 2.75%. Institutions hold 76.90% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 26.23 million shares valued at $445.3 million. The investor’s holdings represent 14.9597 of the FULT Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 21.18 million shares valued at $359.7 million to account for 12.0841 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 12.05 million shares representing 6.8722 and valued at over $204.56 million, while STATE STREET CORP holds 5.7614 of the shares totaling 10.1 million with a market value of $171.5 million.
Fulton Financial Corp (FULT) Insider Activity
The most recent transaction is an insider purchase by Malhotra Atul, the company’s Chief Risk Officer. SEC filings show that Malhotra Atul bought 1,100 shares of the company’s common stock on Apr 21 ’25 at a price of $18.60 per share for a total of $20462.0. Following the purchase, the insider now owns 1111.0 shares.
Still, SEC filings show that on Jan 27 ’25, Snyder Angela M (President) disposed off 13,322 shares at an average price of $20.69 for $0.28 million. The insider now directly holds 63,682 shares of Fulton Financial Corp (FULT).
