Raymond James Reiterates Buy Rating on FULT

Raymond James has reiterated its buy rating on FULT, maintaining a price target of $26. Analyst David Long reaffirmed the firm's positive outlook on July 1, 2026. Shares of FULT traded close to $24.19 on Wednesday, reflecting the market's response to the latest analyst insights.

Other Institutional Activity in FULT

Significant institutional activity has been observed in FULT. BlackRock, Inc. increased its holdings by 751,248 shares, ending with 26,382,950 shares valued at approximately $536.6 million, marking a 2.9% increase. Vanguard Portfolio Management LLC opened a new position with 11,845,101 shares worth about $240.9 million. Dimensional Fund Advisors LP also grew its stake slightly by 87,813 shares to a total of 11,177,001 shares, valued at $227.3 million, a 0.8% increase. Meanwhile, State Street Corp added 680,274 shares, resulting in a 7.0% increase to 10,381,820 shares worth $211.2 million. First Trust Advisors LP significantly boosted its position by 1,912,709 shares, ending with 8,050,923 shares valued at $163.8 million, reflecting a 31.2% increase.

Insider Buying and Selling at Fulton Financial Corporation

Several insider transactions occurred on June 1, 2026. Philip Wenger sold 5,117 shares, while Ronald Spair purchased 4,222 shares. Antoinette Pergolin also sold 5,117 shares. Additionally, Carey Jennifer Craighead acquired 4,222 shares, and Scott Andrew Snyder bought 4,222 shares. James III Moxley sold 5,117 shares. These transactions were not part of any pre-arranged trading plans.

Analysts Set New Price Targets

On July 1, 2026, Raymond James maintained its buy rating on FULT with a price target of $26. Earlier in the year, on February 25, 2026, DA Davidson initiated coverage with a hold rating and a $24 target. The consensus among analysts is generally cautious, with a hold recommendation and an average target price of $24 across several opinions.

About FULT

FULT operates in the financial sector, providing a range of banking and financial services. The company is involved in commercial and consumer banking, wealth management, and investment services. With a focus on community banking, FULT serves a broad customer base throughout its regional footprint. The firm is committed to delivering personalized financial solutions through its network of branches and digital platforms.

Bottom Line

Raymond James's reiterated buy rating on FULT underscores continued confidence in the company's prospects, with a price target set at $26. Investors closely watch such analyst moves, as they can influence market perceptions. The recent institutional adjustments and insider activities further highlight the dynamic nature of FULT's stock environment. As always, it's important to remember that these analyst ratings and institutional filings are backward-looking and may not reflect real-time strategies.