Fulton Financial Corporation (FULTP)

Bank of America Corp DE significantly increased its stake in Fulton Financial Corporation (NASDAQ:FULT) by 132.4% in the first quarter, now owning 1,576,996 shares valued at $32.076 million. Other institutional investors also adjusted their holdings, while company insiders recently sold shares. Analysts currently rate FULT as a "Hold" with an average target price of $24.75.

T. Rowe Price Associates has disclosed a 6.1% beneficial ownership stake in Fulton Financial Corp, as reported in a Schedule 13G SEC filing. This position amounts to 11,695,669 shares, with T. Rowe Price Associates holding sole voting power over 11,688,547 shares and sole dispositive power over all 11,695,669 shares. The firm, however, denies beneficial ownership of these securities, stating the report should not be construed as such.

Fulton Bank, N.A. has appointed Jon Hill as a Fulton Private Bank Wealth Advisor in Central Pennsylvania. Hill brings 22 years of experience in financial services, including eight years at Truist Wealth, and will provide wealth management and personalized banking solutions to clients. He holds a bachelor's degree from Gettysburg College and has served on the board for Schreiber Pediatric Rehab Center.

The article provides an overview of Fulton Financial Corporation (FULT), a U.S.-based financial services holding company operating in Pennsylvania, Delaware, Maryland, New Jersey, and Virginia. It highlights an Argus research report for FULT, noting the stock's current price and suggesting an upgrade to premium services for full report access and additional insights. The page also lists related reports for other financial institutions.

Fulton Bank has promoted Sean Killen to the newly created position of Director of Private Banking Transformation. In this role, Killen will be responsible for developing and implementing strategies to enhance the personalized banking experience for Fulton Private Bank clients. He brings over 25 years of experience with Fulton Bank, having previously served as Consumer Sales Manager in Lancaster, PA, and holding various leadership roles.