M&T Bank (NYSE:MTB) Stock Unloaded Rep. Val T. Hoyle

Key Points

• Representative Val T. Hoyle sold between $1,001 and $15,000 in M&T Bank (NYSE: MTB) shares from her "FIDELITY ROLLOVER IRA" on September 23rd, as disclosed on October 10th.
• M&T Bank's stock price has decreased 3.9%, with shares opening at $180.66, while the company recently increased its quarterly dividend to $1.50 per share.
• Analysts show a favorable outlook for M&T Bank, as evidenced by a variety of buy ratings with price targets, including an "overweight" rating with a target price of $228.00 from Cantor Fitzgerald.

Representative Val T. Hoyle (D-Oregon) recently sold shares of M&T Bank Corporation NYSE: MTB. In a filing disclosed on October 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in M&T Bank stock on September 23rd. The trade occurred in the Representative's "FIDELITY ROLLOVER IRA" account.

Representative Val T. Hoyle also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Marriott International NASDAQ: MAR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Transdigm Group NYSE: TDG on 9/23/2025.
• Sold $1,001 - $15,000 in shares of H&R Block NYSE: HRB on 9/23/2025.
• Sold $1,001 - $15,000 in shares of NIKE NYSE: NKE on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Bank of New York Mellon NYSE: BK on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Cisco Systems NASDAQ: CSCO on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Capital One Financial NYSE: COF on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Pentair NYSE: PNR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Heico NYSE: HEI.A on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Target NYSE: TGT on 9/23/2025.

M&T Bank Stock Down 3.9%

Shares of MTB opened at $180.66 on Friday. M&T Bank Corporation has a 12 month low of $150.75 and a 12 month high of $225.70. The firm's 50 day moving average is $195.21 and its 200-day moving average is $186.11. The stock has a market capitalization of $28.23 billion, a PE ratio of 11.70, a P/E/G ratio of 0.92 and a beta of 0.62. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.47.

M&T Bank (NYSE:MTB - Get Free Report) last announced its earnings results on Wednesday, March 9th. The financial services provider reported $3.54 EPS for the quarter. M&T Bank had a net margin of 20.44% and a return on equity of 10.35%. The company had revenue of $1.54 billion for the quarter. Equities research analysts forecast that M&T Bank Corporation will post 16.57 EPS for the current year.

M&T Bank Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 2nd were issued a dividend of $1.50 per share. This is a boost from M&T Bank's previous quarterly dividend of $1.35. This represents a $6.00 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend was Tuesday, September 2nd. M&T Bank's payout ratio is 38.86%.

Wall Street Analyst Weigh In

MTB has been the topic of several recent research reports. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of M&T Bank in a report on Wednesday. Cantor Fitzgerald initiated coverage on shares of M&T Bank in a research report on Wednesday, September 10th. They set an "overweight" rating and a $228.00 price target on the stock. Wells Fargo & Company increased their price target on shares of M&T Bank from $175.00 to $185.00 and gave the stock an "underweight" rating in a research report on Thursday, July 17th. Piper Sandler initiated coverage on shares of M&T Bank in a research report on Monday. They set an "overweight" rating and a $225.00 price target on the stock. Finally, Morgan Stanley increased their price target on shares of M&T Bank from $206.00 to $215.00 and gave the stock an "overweight" rating in a research report on Friday, June 20th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $216.18.

Insider Activity

In other news, Director John P. Barnes sold 15,000 shares of M&T Bank stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $199.79, for a total transaction of $2,996,850.00. Following the transaction, the director owned 17,866 shares in the company, valued at approximately $3,569,448.14. The trade was a 45.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard H. Jr. Ledgett sold 1,277 shares of M&T Bank stock in a transaction on Monday, July 21st. The stock was sold at an average price of $197.48, for a total transaction of $252,181.96. Following the transaction, the director owned 4,881 shares in the company, valued at approximately $963,899.88. This trade represents a 20.74% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 18,738 shares of company stock valued at $3,734,612. Insiders own 0.53% of the company's stock.

Institutional Trading of M&T Bank

A number of hedge funds have recently added to or reduced their stakes in the stock. Canandaigua National Bank & Trust Co. acquired a new stake in M&T Bank in the third quarter valued at approximately $200,000. Heartwood Wealth Advisors LLC boosted its position in M&T Bank by 13.7% in the third quarter. Heartwood Wealth Advisors LLC now owns 1,330 shares of the financial services provider's stock valued at $263,000 after buying an additional 160 shares in the last quarter. First Citizens Financial Corp acquired a new stake in M&T Bank in the third quarter valued at approximately $211,000. GAMMA Investing LLC boosted its position in M&T Bank by 8.3% in the third quarter. GAMMA Investing LLC now owns 5,403 shares of the financial services provider's stock valued at $1,068,000 after buying an additional 414 shares in the last quarter. Finally, Valeo Financial Advisors LLC boosted its position in M&T Bank by 36.1% in the second quarter. Valeo Financial Advisors LLC now owns 2,311 shares of the financial services provider's stock valued at $448,000 after buying an additional 613 shares in the last quarter. Institutional investors and hedge funds own 84.68% of the company's stock.

About Representative Hoyle

Val Hoyle (Democratic Party) is a member of the U.S. House, representing Oregon's 4th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. Hoyle (Democratic Party) is running for re-election to the U.S. House to represent Oregon's 4th Congressional District. She declared candidacy for the 2026 election. Val Hoyle was born in California and lives in Springfield, Oregon. Hoyle graduated from Merrimack High School. She earned a B.A. in political science from Emmanuel College in 1992. Her career experience includes working as a director at United Way of Lane County, a policy fellow at Wayne Morse Center for Law and Politics, and a commissioner at the Oregon Bureau of Labor and Industries. Hoyle has also worked in domestic and international sales, as well as manufacturing distribution.

M&T Bank Company Profile

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: Commercial Bank, Retail Bank, Institutional Services and Wealth Management, and All Other.

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