Reinhart Partners LLC. Sells 2,795 Shares of M&T Bank Corporation $MTB

Reinhart Partners LLC. lessened its holdings in M&T Bank Corporation (NYSE:MTB) by 5.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 48,821 shares of the financial services provider’s stock after selling 2,795 shares during the quarter. Reinhart Partners LLC.’s holdings in M&T Bank were worth $9,648,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Empowered Funds LLC raised its stake in shares of M&T Bank by 11.9% during the first quarter. Empowered Funds LLC now owns 3,396 shares of the financial services provider’s stock valued at $607,000 after acquiring an additional 362 shares during the last quarter. Woodline Partners LP raised its position in M&T Bank by 40.7% during the 1st quarter. Woodline Partners LP now owns 14,018 shares of the financial services provider’s stock worth $2,506,000 after purchasing an additional 4,054 shares during the last quarter. Parallel Advisors LLC lifted its holdings in M&T Bank by 3.4% during the 2nd quarter. Parallel Advisors LLC now owns 3,459 shares of the financial services provider’s stock worth $671,000 after buying an additional 113 shares during the period. Mn Services Vermogensbeheer B.V. lifted its holdings in M&T Bank by 1.0% during the 2nd quarter. Mn Services Vermogensbeheer B.V. now owns 60,600 shares of the financial services provider’s stock worth $11,756,000 after buying an additional 600 shares during the period. Finally, Canoe Financial LP grew its position in shares of M&T Bank by 24,443.7% in the 2nd quarter. Canoe Financial LP now owns 295,506 shares of the financial services provider’s stock valued at $57,325,000 after buying an additional 294,302 shares during the last quarter. 84.68% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at M&T Bank

In related news, Director Robert E. Sadler, Jr. sold 6,000 shares of M&T Bank stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $190.06, for a total transaction of $1,140,360.00. Following the sale, the director directly owned 17,070 shares in the company, valued at approximately $3,244,324.20. This trade represents a 26.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Christopher E. Kay sold 5,250 shares of the business’s stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $191.70, for a total value of $1,006,425.00. Following the completion of the transaction, the executive vice president directly owned 5,501 shares in the company, valued at approximately $1,054,541.70. This represents a 48.83% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.53% of the stock is owned by company insiders.

More M&T Bank News

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

• Positive Sentiment: Quarterly beat — M&T delivered $4.67 EPS vs. $4.47 consensus and $2.48B revenue vs. $2.47B, with quarterly net income of $759M. This print confirms earnings strength and higher profitability. MTB Q4 Earnings Beat on Higher NII & Fee Income, Stock Down
• Positive Sentiment: Core drivers — Management cited rising net interest income and an improved net interest margin, plus a rebound in mortgage banking, as the main profit drivers — supportive for near-term earnings power. M&T Bank’s fourth-quarter profit lifted by interest income growth
• Neutral Sentiment: Full-year results & outlook — M&T reported FY 2025 EPS of $17.00; the company provided detail in its slide deck and call but did not materially change long-term guidance, leaving analysts to update models. M&T Bank Corporation announces fourth quarter and full-year 2025 results
• Neutral Sentiment: Earnings call detail — The full earnings call transcript and presentation provide color on loan growth, deposit trends and expense drivers; investors should review guidance/comments on loan demand and cost trajectory. M&T Bank Corporation (MTB) Q4 2025 Earnings Call Transcript
• Negative Sentiment: Costs and market reaction — Zacks and other coverage note rising operating costs and an early share decline after the print; investors worried about expense trends and margin sustainability weighed on the stock’s initial reaction. MTB Q4 Earnings Beat on Higher NII & Fee Income, Stock Down
• Neutral Sentiment: Sector context — CNBC coverage highlights mixed results across regional banks this week; MTB’s shares are trading within that broader sector narrative, so macro/peer flows could influence near-term price action. Regional banks report mixed results

Analyst Upgrades and Downgrades

A number of research firms recently commented on MTB. Jefferies Financial Group lifted their price objective on M&T Bank from $250.00 to $255.00 and gave the stock a “buy” rating in a research note on Friday. Cowen restated a “buy” rating on shares of M&T Bank in a report on Wednesday, January 7th. TD Cowen boosted their price target on shares of M&T Bank from $245.00 to $250.00 and gave the stock a “buy” rating in a research report on Wednesday, January 7th. Robert W. Baird increased their price objective on shares of M&T Bank from $225.00 to $230.00 and gave the stock an “outperform” rating in a research report on Thursday, December 18th. Finally, Wells Fargo & Company lifted their target price on shares of M&T Bank from $185.00 to $205.00 and gave the stock an “underweight” rating in a research note on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $221.45.

M&T Bank Stock Up 0.0%

M&T Bank stock opened at $212.59 on Friday. The firm has a market capitalization of $32.67 billion, a price-to-earnings ratio of 13.09, a price-to-earnings-growth ratio of 0.94 and a beta of 0.59. The firm’s fifty day moving average price is $199.27 and its two-hundred day moving average price is $195.16. M&T Bank Corporation has a 1-year low of $150.75 and a 1-year high of $215.71. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.49.

M&T Bank (NYSE:MTB) last posted its earnings results on Friday, January 16th. The financial services provider reported $4.67 earnings per share for the quarter, topping analysts’ consensus estimates of $4.47 by $0.20. M&T Bank had a net margin of 20.91% and a return on equity of 10.62%. The company had revenue of $2.48 billion for the quarter, compared to analyst estimates of $2.47 billion. During the same quarter in the prior year, the business posted $3.77 EPS. On average, equities research analysts predict that M&T Bank Corporation will post 16.57 earnings per share for the current fiscal year.

M&T Bank Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 1st were given a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Monday, December 1st. M&T Bank’s dividend payout ratio is presently 36.95%.

M&T Bank Profile

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.