Weekly Investment Analysts’ Ratings Changes for M&T Bank (MTB)

M&T Bank (NYSE: MTB) recently received a number of ratings updates from brokerages and research firms:

• 2/5/2025 – M&T Bank was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 1/28/2025 – M&T Bank was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 1/17/2025 – M&T Bank had its price target raised by analysts at DA Davidson from $222.00 to $223.00. They now have a “neutral” rating on the stock.
• 1/17/2025 – M&T Bank had its “buy” rating reaffirmed by analysts at Truist Financial Co.. They now have a $236.00 price target on the stock, up previously from $233.00.
• 1/7/2025 – M&T Bank is now covered by analysts at Truist Financial Co.. They set a “buy” rating and a $233.00 price target on the stock.
• 1/6/2025 – M&T Bank had its price target raised by analysts at Barclays PLC from $228.00 to $235.00. They now have an “equal weight” rating on the stock.
• 12/10/2024 – M&T Bank had its price target raised by analysts at Compass Point from $220.00 to $250.00. They now have a “neutral” rating on the stock.

M&T Bank Stock Performance

Shares of NYSE:MTB traded down $1.82 on Friday, reaching $200.13. 235,986 shares of the company’s stock were exchanged, compared to its average volume of 1,267,953. The company has a quick ratio of 0.99, a current ratio of 0.93 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $33.20 billion, a price-to-earnings ratio of 13.68, a PEG ratio of 1.41 and a beta of 0.79. M&T Bank Co. has a fifty-two week low of $129.36 and a fifty-two week high of $225.70. The business’s 50-day moving average is $197.49 and its two-hundred day moving average is $187.72.

M&T Bank (NYSE:MTB) last released its earnings results on Thursday, January 16th. The financial services provider reported $3.92 EPS for the quarter, beating the consensus estimate of $3.70 by $0.22. M&T Bank had a net margin of 19.24% and a return on equity of 10.12%. During the same quarter last year, the firm earned $2.74 earnings per share. As a group, equities research analysts forecast that M&T Bank Co. will post 16.56 EPS for the current year.

M&T Bank Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 2nd were given a $1.35 dividend. The ex-dividend date was Monday, December 2nd. This represents a $5.40 dividend on an annualized basis and a dividend yield of 2.70%. M&T Bank’s dividend payout ratio is currently 36.91%.

Insider Buying and Selling

In other M&T Bank news, Director John P. Barnes sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $217.45, for a total value of $4,349,000.00. Following the transaction, the director now directly owns 35,480 shares of the company’s stock, valued at approximately $7,715,126. This trade represents a 36.05 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Vice Chairman Gary N. Geisel sold 2,490 shares of the company’s stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $215.89, for a total value of $537,566.10. Following the completion of the sale, the insider now directly owns 16,429 shares of the company’s stock, valued at approximately $3,546,856.81. This trade represents a 13.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 29,397 shares of company stock worth $6,379,459. 0.82% of the stock is currently owned by insiders.

Institutional Trading of M&T Bank

A number of hedge funds and other institutional investors have recently made changes to their positions in MTB. FMR LLC increased its stake in shares of M&T Bank by 13.9% in the 3rd quarter. FMR LLC now owns 12,349,398 shares of the financial services provider’s stock valued at $2,199,675,000 after purchasing an additional 1,508,846 shares during the last quarter. State Street Corp raised its position in shares of M&T Bank by 6.4% in the 3rd quarter. State Street Corp now owns 8,773,439 shares of the financial services provider’s stock worth $1,562,725,000 after acquiring an additional 527,854 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of M&T Bank by 5.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,289,727 shares of the financial services provider’s stock worth $994,522,000 after buying an additional 252,583 shares in the last quarter. Zurich Insurance Group Ltd FI acquired a new stake in M&T Bank in the third quarter worth $44,422,000. Finally, Amundi increased its position in M&T Bank by 43.5% in the 4th quarter. Amundi now owns 807,339 shares of the financial services provider’s stock valued at $154,315,000 after buying an additional 244,709 shares in the last quarter. 84.68% of the stock is currently owned by institutional investors and hedge funds.

M&T Bank Corp. operates as a bank holding company, which engages in the provision of retail and commercial banking, trust, wealth management and investment services. It operates through the following segments: Business Banking, Commercial Banking, Commercial Real Estate, Discretionary Portfolio, Residential Mortgage Banking, and Retail Banking.