M&T Bank Corp Buys 28,712 Shares of BOK Financial Corporation $BOKF

Key Points

• M&T Bank Corp sharply increased its stake in BOK Financial, buying 28,712 shares (a 1,397.2% increase) to own 30,767 shares worth about $3.645 million.
• BOK Financial beat Q1 estimates with EPS $2.58 vs. $2.30 and $552.33M revenue, but analyst views are mixed — the consensus rating is "Hold" with a consensus target of $134.91 despite several price-target raises and some buy/outperform calls.
• EVP Jeffrey A. Reid sold 1,200 shares at $135.52 (reducing his stake by ~12.9%), a disclosure investors may view negatively even as corporate insiders collectively own about 63.53% of the stock.

M&T Bank Corp raised its stake in shares of BOK Financial Corporation (NASDAQ:BOKF - Free Report) by 1,397.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,767 shares of the bank's stock after purchasing an additional 28,712 shares during the period. M&T Bank Corp's holdings in BOK Financial were worth $3,645,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of BOKF. CIBC Bancorp USA Inc. bought a new position in shares of BOK Financial during the 3rd quarter valued at approximately $123,231,000. Freestone Grove Partners LP lifted its position in BOK Financial by 407.0% in the third quarter. Freestone Grove Partners LP now owns 363,610 shares of the bank's stock worth $40,521,000 after buying an additional 291,894 shares during the last quarter. First Trust Advisors LP lifted its position in BOK Financial by 39.8% in the third quarter. First Trust Advisors LP now owns 527,601 shares of the bank's stock worth $58,796,000 after buying an additional 150,210 shares during the last quarter. Qube Research & Technologies Ltd boosted its stake in BOK Financial by 193.7% during the second quarter. Qube Research & Technologies Ltd now owns 226,230 shares of the bank's stock worth $22,087,000 after buying an additional 149,201 shares during the period. Finally, Two Sigma Investments LP increased its position in BOK Financial by 509.9% during the third quarter. Two Sigma Investments LP now owns 144,782 shares of the bank's stock valued at $16,135,000 after acquiring an additional 121,045 shares during the last quarter. 34.44% of the stock is owned by institutional investors.

BOK Financial News Summary

Here are the key news stories impacting BOK Financial this week:

• Positive Sentiment: Zacks upgraded BOKF to a Rank #2 (Buy), signaling stronger near-term earnings expectations that can attract buyers and support the stock. Zacks Upgrade
• Positive Sentiment: DA Davidson raised its price target to $139, which implies additional upside from current levels and may support further buying interest. DA Davidson Price Target Raise
• Positive Sentiment: Royal Bank of Canada coverage flagged expectation that BOKF’s stock price should rise, reinforcing the bullish research tailwind from other shops. RBC Analyst Note
• Neutral Sentiment: Citi issued a "Hold" on BOKF — a neutral stance that limits immediate upside from a top-tier research shop and may cap enthusiasm among risk-averse investors. Citi Hold
• Neutral Sentiment: Barclays also remains at "Hold," contributing to mixed analyst signals that can increase intraday volatility as buyers and sellers interpret differing research. Barclays Hold
• Neutral Sentiment: A Globe and Mail roundup highlighted conflicting analyst views across regional banks (including BOKF), underscoring mixed consensus and potential for headline-driven moves. Analyst Conflict Coverage
• Neutral Sentiment: Reported short-interest data for April is effectively meaningless/erroneous (shows zero shares and NaN change), so it provides no clear signal about bearish positioning and may simply add data noise. (No external link available for a reliable short-interest update.)
• Negative Sentiment: Insider selling: EVP Jeffrey A. Reid sold 1,200 shares at an average $135.52 on April 23, reducing his stake by ~12.9%—a disclosure that can be interpreted negatively by investors worried about insider conviction. SEC filing for the sale is available. SEC Filing - Insider Sale TipRanks Insider Report

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Weiss Ratings reissued a "buy (b-)" rating on shares of BOK Financial in a research note on Wednesday, January 21st. Raymond James Financial reiterated an "outperform" rating and set a $140.00 price target on shares of BOK Financial in a report on Tuesday, January 20th. DA Davidson increased their price objective on shares of BOK Financial from $132.00 to $139.00 and gave the stock a "neutral" rating in a research report on Wednesday, April 22nd. Wells Fargo & Company raised their price objective on shares of BOK Financial from $115.00 to $127.00 and gave the stock an "equal weight" rating in a research note on Monday, March 30th. Finally, Royal Bank Of Canada boosted their target price on BOK Financial from $136.00 to $145.00 and gave the company a "sector perform" rating in a research report on Wednesday, April 22nd. Three investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $134.91.

Insider Buying and Selling

In other BOK Financial news, EVP Jeffrey A. Reid sold 1,200 shares of the company's stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $135.52, for a total value of $162,624.00. Following the transaction, the executive vice president directly owned 8,116 shares in the company, valued at $1,099,880.32. This represents a 12.88% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 63.53% of the stock is owned by corporate insiders.

BOK Financial Price Performance

NASDAQ:BOKF opened at $132.56 on Monday. BOK Financial Corporation has a twelve month low of $90.51 and a twelve month high of $139.73. The company has a market cap of $8.05 billion, a price-to-earnings ratio of 13.42 and a beta of 0.85. The stock has a fifty day simple moving average of $129.82 and a 200-day simple moving average of $122.20. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.53.

BOK Financial (NASDAQ:BOKF - Get Free Report) last issued its earnings results on Monday, April 20th. The bank reported $2.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.30 by $0.28. The firm had revenue of $552.33 million during the quarter, compared to analyst estimates of $549.71 million. BOK Financial had a net margin of 18.05% and a return on equity of 9.90%. During the same period in the previous year, the firm earned $1.86 earnings per share. Analysts anticipate that BOK Financial Corporation will post 10.24 EPS for the current year.

BOK Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 5th. Shareholders of record on Thursday, February 19th were given a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend was Thursday, February 19th. BOK Financial's payout ratio is 25.51%.

BOK Financial Profile

BOK Financial Corporation NASDAQ: BOKF, headquartered in Tulsa, Oklahoma, is a diversified financial services holding company serving businesses, professionals and individuals across the central and western United States. Through its banking subsidiary, BOK Financial offers a full suite of commercial banking, treasury and payment management services, as well as consumer deposit and lending solutions. The company's offerings also encompass wealth management, trust and asset management, investment banking, and insurance products designed to meet the needs of both retail and institutional clients.

The roots of BOK Financial date back to the founding of the Bank of Oklahoma in 1910.

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