Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of M&T Bank Corporation (NYSE:MTB). In a filing disclosed on December 15th, the Representative disclosed that they had bought between $1,001 and $15,000 in M&T Bank stock on November 18th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Spotify Technology (NYSE:SPOT) on 11/26/2025.
- Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 11/26/2025.
- Purchased $1,001 – $15,000 in shares of First Watch Restaurant Group (NASDAQ:FWRG) on 11/26/2025.
- Purchased $1,001 – $15,000 in shares of TKO Group (NYSE:TKO) on 11/26/2025.
- Sold $1,001 – $15,000 in shares of RBC Bearings (NYSE:RBC) on 11/24/2025.
- Sold $1,001 – $15,000 in shares of Stifel Financial (NYSE:SF) on 11/24/2025.
- Purchased $1,001 – $15,000 in shares of Logan Energy (CVE:LGN) on 11/24/2025.
- Sold $1,001 – $15,000 in shares of Primoris Services (NASDAQ:PRIM) on 11/24/2025.
- Purchased $15,001 – $50,000 in shares of LandBridge (NYSE:LB) on 11/21/2025.
- Purchased $50,001 – $100,000 in shares of LandBridge (NYSE:LB) on 11/20/2025.
M&T Bank Stock Performance
Shares of M&T Bank stock traded up $1.91 on Wednesday, reaching $206.00. 1,048,925 shares of the stock were exchanged, compared to its average volume of 1,191,573. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $31.66 billion, a PE ratio of 12.68, a PEG ratio of 0.97 and a beta of 0.61. M&T Bank Corporation has a 1-year low of $150.75 and a 1-year high of $207.34. The business has a fifty day moving average price of $187.97 and a two-hundred day moving average price of $191.60.
M&T Bank Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 1st will be issued a $1.50 dividend. The ex-dividend date of this dividend is Monday, December 1st. This represents a $6.00 annualized dividend and a dividend yield of 2.9%. M&T Bank’s payout ratio is presently 36.95%.
Insider Activity
In other M&T Bank news, Director Robert E. Sadler, Jr. sold 6,000 shares of the firm’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $190.06, for a total value of $1,140,360.00. Following the sale, the director directly owned 17,070 shares of the company’s stock, valued at approximately $3,244,324.20. This trade represents a 26.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Christopher E. Kay sold 5,250 shares of M&T Bank stock in a transaction on Wednesday, November 26th. The shares were 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 owned 5,501 shares in the company, valued at $1,054,541.70. The trade was a 48.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.53% of the company’s stock.
Institutional Investors Weigh In On M&T Bank
Hedge funds and other institutional investors have recently modified their holdings of the company. Sunbelt Securities Inc. lifted its stake in shares of M&T Bank by 13.1% during the third quarter. Sunbelt Securities Inc. now owns 1,619 shares of the financial services provider’s stock valued at $320,000 after buying an additional 188 shares during the period. Danske Bank A S purchased a new position in shares of M&T Bank during the 3rd quarter worth $29,612,000. NewEdge Advisors LLC lifted its stake in shares of M&T Bank by 3.6% during the 3rd quarter. NewEdge Advisors LLC now owns 15,566 shares of the financial services provider’s stock worth $3,076,000 after purchasing an additional 547 shares during the period. McCollum Christoferson Group LLC boosted its holdings in shares of M&T Bank by 41.0% during the third quarter. McCollum Christoferson Group LLC now owns 32,986 shares of the financial services provider’s stock worth $6,519,000 after purchasing an additional 9,590 shares during the last quarter. Finally, Triumph Capital Management purchased a new stake in shares of M&T Bank in the third quarter valued at $32,000. 84.68% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several research firms have issued reports on MTB. UBS Group increased their price objective on M&T Bank from $207.00 to $208.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 7th. Cantor Fitzgerald began coverage on shares of M&T Bank in a research note on Wednesday, September 10th. They issued an “overweight” rating and a $228.00 price objective for the company. Evercore ISI upped their target price on shares of M&T Bank from $222.00 to $225.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 30th. Jefferies Financial Group lifted their price target on shares of M&T Bank from $215.00 to $235.00 and gave the company a “buy” rating in a research report on Monday, December 1st. Finally, Wall Street Zen raised M&T Bank from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $214.62.
View Our Latest Stock Analysis on MTB
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
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.
See Also
- Five stocks we like better than M&T Bank
- Bank Stocks – Best Bank Stocks to Invest In
- Post 35% Surge, Analysts Eye More Upside in Copper Giant Freeport
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Why a SpaceX IPO Could Be a Major Catalyst for GOOGL Stock
- Energy and Oil Stocks Explained
- Can Upwork Maintain Its Comeback? Reasons to Be Bullish and Bearish
Receive News & Ratings for M&T Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for M&T Bank and related companies with MarketBeat.com's FREE daily email newsletter.
