Fiduciary Alliance LLC Sells 5,423 Shares of M&T Bank Corporation $MTB

Key Points

• Fiduciary Alliance LLC trimmed its M&T Bank position by 21.5%, selling 5,423 shares and leaving 19,773 shares valued at about $3.98 million.
• M&T authorized a $5.0 billion share repurchase (up to 16.7% of outstanding stock) and pays a $1.50 quarterly dividend ($6.00 annual, ~2.7% yield).
• Insiders sold 49,092 shares worth roughly $11.18 million in the last three months, including Director John P. Barnes’ sale of 21,193 shares; insiders now own 0.44% of the stock.

Fiduciary Alliance LLC trimmed its position in shares of M&T Bank Corporation (NYSE:MTB - Free Report) by 21.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,773 shares of the financial services provider's stock after selling 5,423 shares during the period. Fiduciary Alliance LLC's holdings in M&T Bank were worth $3,984,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of MTB. Ransom Advisory Ltd boosted its position in shares of M&T Bank by 2.0% during the 4th quarter. Ransom Advisory Ltd now owns 2,513 shares of the financial services provider's stock valued at $506,000 after acquiring an additional 50 shares in the last quarter. Wedbush Securities Inc. raised its holdings in shares of M&T Bank by 3.3% in the third quarter. Wedbush Securities Inc. now owns 2,171 shares of the financial services provider's stock valued at $429,000 after buying an additional 70 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of M&T Bank by 4.3% in the second quarter. Geneos Wealth Management Inc. now owns 1,727 shares of the financial services provider's stock valued at $335,000 after buying an additional 71 shares during the last quarter. Westside Investment Management Inc. increased its position in M&T Bank by 61.8% in the third quarter. Westside Investment Management Inc. now owns 199 shares of the financial services provider's stock worth $39,000 after purchasing an additional 76 shares during the period. Finally, Migdal Insurance & Financial Holdings Ltd. increased its position in M&T Bank by 29.6% in the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 359 shares of the financial services provider's stock worth $71,000 after purchasing an additional 82 shares during the period. 84.68% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Robert W. Baird boosted their price objective on M&T Bank from $225.00 to $230.00 and gave the company an "outperform" rating in a research report on Thursday, December 18th. Bank of America reiterated a "neutral" rating and set a $225.00 price objective on shares of M&T Bank in a research note on Wednesday, January 7th. Weiss Ratings restated a "buy (b-)" rating on shares of M&T Bank in a research note on Monday, December 29th. Wall Street Zen cut M&T Bank from a "hold" rating to a "sell" rating in a research note on Saturday, March 21st. Finally, Wells Fargo & Company increased their price objective on M&T Bank from $185.00 to $205.00 and gave the stock an "underweight" rating in a research report on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $230.24.

M&T Bank Trading Up 1.7%

Shares of MTB stock opened at $222.81 on Friday. The company has a market cap of $33.20 billion, a P/E ratio of 13.07, a PEG ratio of 1.09 and a beta of 0.60. The stock has a 50 day simple moving average of $216.14 and a two-hundred day simple moving average of $203.36. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.96 and a current ratio of 0.96. M&T Bank Corporation has a fifty-two week low of $153.50 and a fifty-two week high of $239.00.

M&T Bank (NYSE:MTB - Get Free Report) last issued its earnings results on Friday, January 16th. The financial services provider reported $4.72 earnings per share for the quarter, topping analysts' consensus estimates of $4.47 by $0.25. M&T Bank had a return on equity of 10.94% and a net margin of 21.55%.The business had revenue of $1.79 billion during the quarter, compared to the consensus estimate of $2.47 billion. During the same period in the previous year, the company posted $3.77 earnings per share. Research analysts forecast that M&T Bank Corporation will post 16.57 earnings per share for the current year.

M&T Bank Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 2nd were issued a $1.50 dividend. The ex-dividend date was Monday, March 2nd. This represents a $6.00 annualized dividend and a dividend yield of 2.7%. M&T Bank's dividend payout ratio is currently 35.19%.

M&T Bank declared that its Board of Directors has authorized a share repurchase program on Tuesday, March 31st that allows the company to repurchase $5.00 billion in outstanding shares. This repurchase authorization allows the financial services provider to purchase up to 16.7% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.

More M&T Bank News

Here are the key news stories impacting M&T Bank this week:

• Positive Sentiment: Jefferies raised its price target to $255 and kept a Buy rating, signaling strong analyst conviction and a meaningful upside thesis that likely supports buying interest. Jefferies raises PT to $255
• Positive Sentiment: Price-target upgrades published by coverage services (one noted raise to $235) add to upside momentum and signal improving analyst estimates. Price Target Raised to $235
• Positive Sentiment: Coverage pointing to Russell 1000 ETF attention suggests potential index/ETF flows into MTB stock, which can mechanically lift demand as funds rebalance. Russell 1000 ETF attracts watchers
• Positive Sentiment: Recent commentary notes MTB has outperformed peers (~12.8% gain over six months), supporting momentum-based interest from investors. M&T gains nearly 13% in 6 months
• Neutral Sentiment: Zacks notes Wall Street expects earnings growth next week but does not see the setup for a clear earnings beat — this makes the report a potential volatility event rather than a clear catalyst. Earnings preview
• Negative Sentiment: UBS trimmed its price target to $225 and kept a Neutral rating, which weakens the consensus upside and could pressure sentiment if others follow. UBS lowers PT to $225
• Negative Sentiment: JPMorgan has lowered expectations for MTB’s stock price, adding a notable negative voice from a large bank and contributing to mixed analyst views. JPMorgan lowers expectations

Insider Activity

In related news, Director John P. Barnes sold 21,193 shares of the business's stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $235.85, for a total transaction of $4,998,369.05. Following the transaction, the director directly owned 15,142 shares in the company, valued at approximately $3,571,240.70. The trade was a 58.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Kirk W. Walters sold 909 shares of the business's stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $227.37, for a total transaction of $206,679.33. Following the transaction, the director owned 5,976 shares in the company, valued at approximately $1,358,763.12. This trade represents a 13.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 49,092 shares of company stock valued at $11,182,250 in the last three months. 0.44% of the stock is owned by company insiders.

About M&T Bank

M&T Bank Corporation is a bank holding company headquartered in Buffalo, New York, that provides a broad range of banking and financial services to individuals, businesses and institutions. The company operates a commercial and retail banking franchise that includes deposit-taking, lending, and payment services delivered through branch networks, digital channels and commercial banking teams. M&T serves customers across the northeastern and mid‑Atlantic United States and has expanded its geographic footprint through strategic acquisitions.

Its core businesses include commercial banking for middle‑market and community businesses, consumer and retail banking, mortgage origination and servicing, treasury and cash management, and wealth management and trust services.

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