DA Davidson Boosts Fulton Financial (NASDAQ:FULT) Price Target to $20.00

Fulton Financial (NASDAQ:FULT) had its target price hoisted by investment analysts at DA Davidson from $17.00 to $20.00 in a report released on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the bank’s stock. DA Davidson’s target price suggests a potential upside of 1.94% from the company’s previous close. DA Davidson also issued estimates for Fulton Financial’s Q3 2025 earnings at $0.50 EPS and FY2026 earnings at $2.10 EPS.

FULT has been the subject of a number of other reports. Jefferies Financial Group reissued a “hold” rating on shares of Fulton Financial in a research report on Wednesday, July 9th. Piper Sandler reissued a “neutral” rating on shares of Fulton Financial in a research report on Wednesday, July 9th. Finally, Keefe, Bruyette & Woods increased their price target on Fulton Financial from $21.00 to $22.00 and gave the company a “market perform” rating in a research report on Thursday. Six equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, Fulton Financial presently has an average rating of “Hold” and an average target price of $21.13.

Fulton Financial Price Performance

Shares of FULT opened at $19.62 on Thursday. Fulton Financial has a 12-month low of $14.33 and a 12-month high of $22.49. The business’s fifty day moving average is $18.02 and its 200 day moving average is $18.33. The company has a quick ratio of 0.92, a current ratio of 0.89 and a debt-to-equity ratio of 0.36. The stock has a market cap of $3.57 billion, a P/E ratio of 11.47 and a beta of 0.77.

Fulton Financial (NASDAQ:FULT) last released its quarterly earnings results on Tuesday, July 15th. The bank reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.12. The business had revenue of $328.45 million during the quarter, compared to analyst estimates of $320.47 million. Fulton Financial had a return on equity of 12.44% and a net margin of 17.00%. During the same period in the prior year, the firm posted $0.52 EPS. Sell-side analysts anticipate that Fulton Financial will post 1.91 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Fulton Financial

Several large investors have recently made changes to their positions in the business. Summit Investment Advisors Inc. increased its position in shares of Fulton Financial by 3.3% during the 4th quarter. Summit Investment Advisors Inc. now owns 18,997 shares of the bank’s stock valued at $366,000 after purchasing an additional 602 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of Fulton Financial by 1.9% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 36,303 shares of the bank’s stock valued at $657,000 after purchasing an additional 684 shares during the last quarter. Private Advisor Group LLC increased its position in shares of Fulton Financial by 2.0% during the 1st quarter. Private Advisor Group LLC now owns 35,552 shares of the bank’s stock valued at $643,000 after purchasing an additional 704 shares during the last quarter. Xponance Inc. increased its position in shares of Fulton Financial by 5.5% during the 1st quarter. Xponance Inc. now owns 13,775 shares of the bank’s stock valued at $249,000 after purchasing an additional 717 shares during the last quarter. Finally, Blue Trust Inc. increased its position in shares of Fulton Financial by 15.1% during the 1st quarter. Blue Trust Inc. now owns 5,728 shares of the bank’s stock valued at $104,000 after purchasing an additional 752 shares during the last quarter. 72.02% of the stock is owned by hedge funds and other institutional investors.

About Fulton Financial

Fulton Financial Corporation operates as a financial holding company that provides consumer and commercial banking products and services in Pennsylvania, Delaware, Maryland, New Jersey, and Virginia. It accepts various checking accounts and savings deposit products, certificates of deposit, and individual retirement accounts.