Jefferies Financial Group Cuts M&T Bank (NYSE:MTB) Price Target to $275.00

27 Sep 2026, 06:06 by Sarita Garza · The Markets Daily

M&T Bank (NYSE:MTB – Free Report) had its price objective trimmed by Jefferies Financial Group from $300.00 to $275.00 in a research note published on Thursday morning. The brokerage currently has a buy rating on the financial services provider’s stock.

A number of other analysts also recently commented on MTB. Robert W. Baird upped their target price on M&T Bank from $240.00 to $250.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. Cantor Fitzgerald lifted their price target on M&T Bank from $262.00 to $285.00 and gave the company an “overweight” rating in a research report on Wednesday, August 19th. Barclays boosted their price target on M&T Bank from $236.00 to $267.00 and gave the company an “equal weight” rating in a report on Thursday, July 16th. Truist Financial lowered their price objective on M&T Bank from $268.00 to $250.00 and set a “hold” rating on the stock in a research report on Wednesday. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of M&T Bank in a research note on Tuesday, September 1st. Eight investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, M&T Bank has a consensus rating of “Hold” and a consensus price target of $253.82.

Read Our Latest Stock Report on M&T Bank

M&T Bank Trading Up 1.1%

Shares of M&T Bank stock opened at $221.12 on Thursday. The stock has a market cap of $31.93 billion, a PE ratio of 11.67, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56. The firm has a fifty day moving average price of $241.47 and a 200 day moving average price of $226.76. M&T Bank has a 1 year low of $174.76 and a 1 year high of $255.95. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.96 and a quick ratio of 0.96.

M&T Bank (NYSE:MTB – Get Free Report) last posted its quarterly earnings results on Wednesday, July 15th. The financial services provider reported $5.35 EPS for the quarter, beating the consensus estimate of $4.66 by $0.69. The company had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.46 billion. M&T Bank had a net margin of 22.72% and a return on equity of 11.80%. During the same period in the prior year, the company earned $4.28 earnings per share. Equities research analysts predict that M&T Bank will post 19.45 earnings per share for the current year.

M&T Bank Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 1st will be given a dividend of $1.50 per share. The ex-dividend date is Tuesday, September 1st. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.7%. M&T Bank’s dividend payout ratio (DPR) is 31.68%.

Insiders Place Their Bets

In related news, CEO René Jones sold 19,396 shares of the business’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $239.35, for a total value of $4,642,432.60. Following the completion of the sale, the chief executive officer owned 103,831 shares of the company’s stock, valued at approximately $24,851,949.85. The trade was a 15.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Rudina Seseri sold 623 shares of the company’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $241.04, for a total transaction of $150,167.92. Following the transaction, the director owned 3,649 shares of the company’s stock, valued at $879,554.96. This represents a 14.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 20,028 shares of company stock worth $4,794,884 in the last three months. 0.44% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On M&T Bank

Large investors have recently bought and sold shares of the company. QRG Capital Management Inc. raised its stake in M&T Bank by 17.4% in the 2nd quarter. QRG Capital Management Inc. now owns 18,237 shares of the financial services provider’s stock valued at $4,341,000 after purchasing an additional 2,704 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in shares of M&T Bank by 6.3% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 3,192 shares of the financial services provider’s stock worth $760,000 after buying an additional 188 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of M&T Bank by 3.6% during the second quarter. Envestnet Asset Management Inc. now owns 318,844 shares of the financial services provider’s stock worth $75,888,000 after buying an additional 11,169 shares in the last quarter. Andra AP fonden acquired a new stake in shares of M&T Bank in the second quarter valued at about $4,047,000. Finally, Sequoia Financial Advisors LLC raised its position in shares of M&T Bank by 7.3% in the second quarter. Sequoia Financial Advisors LLC now owns 9,239 shares of the financial services provider’s stock valued at $2,199,000 after buying an additional 627 shares during the last quarter. 84.68% of the stock is currently owned by hedge funds and other institutional investors.

M&T Bank Company Profile

(Get Free Report)

M&T Bank Corporation is a regional financial holding company headquartered in Buffalo, New York. Its principal banking subsidiary, Manufacturers and Traders Trust Company, commonly known as M&T Bank, provides financial products and services to individuals, businesses, institutions and government entities.