T. Rowe Price Associates (FULT) discloses 6.1% Fulton Financial stake in 13G
Rhea-AI Filing Summary
T. Rowe Price Associates, Inc., a Maryland corporation, reports beneficial ownership of 11,695,669 shares of Fulton Financial Corp common stock (CUSIP 360271100). This position represents 6.1% of the class as of the reporting date.
T. Rowe Price Associates reports sole voting power over 11,688,547 shares and sole dispositive power over 11,695,669 shares, with no shared voting or dispositive power. The firm states that this report should not be construed as an admission that it is the beneficial owner of these securities, and it expressly denies such beneficial ownership.
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Key Figures
Shares beneficially owned: 11,695,669 shares
Percent of class: 6.1%
Sole voting power: 11,688,547 shares
+3 more
6 metrics
Shares beneficially owned
11,695,669 shares
Fulton Financial Corp common stock reported by T. Rowe Price Associates
Percent of class
6.1%
Portion of Fulton Financial common stock class reported as beneficially owned
Sole voting power
11,688,547 shares
Shares of Fulton Financial over which T. Rowe Price Associates has sole voting power
Shared voting power
0 shares
Shares of Fulton Financial over which T. Rowe Price Associates has shared voting power
Sole dispositive power
11,695,669 shares
Shares of Fulton Financial over which T. Rowe Price Associates has sole dispositive power
Shared dispositive power
0 shares
Shares of Fulton Financial over which T. Rowe Price Associates has shared dispositive power
Key Terms
Schedule 13G, beneficial owner, sole voting power, dispositive power
4 terms
Schedule 13G regulatory
"The disclosure is made on a Schedule 13G for Fulton Financial Corp common stock"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficial owner regulatory
"shall not be construed as an admission that Price Associates is the beneficial owner"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
sole voting power financial
"Sole Voting Power 11,688,547.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
dispositive power financial
"Sole Dispositive Power 11,695,669.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
FAQ
What percentage of Fulton Financial (FULT) does T. Rowe Price Associates report owning?
T. Rowe Price Associates reports beneficial ownership of 6.1% of Fulton Financial Corp’s common stock. This reflects a significant institutional stake as disclosed in a Schedule 13G, indicating holdings above the 5% reporting threshold.
What is the filing type and security class reported for Fulton Financial (FULT)?
The disclosure is made on a Schedule 13G for Fulton Financial Corp common stock. The reported security class is common stock, identified by CUSIP 360271100, with T. Rowe Price Associates as the institutional filer.
AI-generated analysis. How Rhea-AI works. Not financial advice.