Bank of New York Mellon Corp Acquires Shares of 17,143 M-tron Industries, Inc. $MPTI

Key Points

• Bank of New York Mellon acquired 17,143 shares of M-tron Industries during the second quarter, valued at approximately $1.7 million and representing a 0.40% stake. Institutional investors collectively own 23.31% of the company.
• M-tron shares opened at $76.06, with a market capitalization of about $330.9 million, while trading below their 50-day average but above their 200-day average.
• The company reported quarterly EPS of $0.43, missing estimates by $0.10, though revenue of $15.11 million exceeded forecasts. Analyst sentiment remains “Moderate Buy,” with one Strong Buy and two Hold ratings.

Bank of New York Mellon Corp acquired a new stake in shares of M-tron Industries, Inc. (NYSEAMERICAN:MPTI - Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 17,143 shares of the company's stock, valued at approximately $1,700,000. Bank of New York Mellon Corp owned 0.40% of M-tron Industries as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of M-tron Industries in the third quarter valued at $63,000. Los Angeles Capital Management LLC acquired a new position in M-tron Industries in the 4th quarter worth $89,000. Deutsche Bank AG lifted its holdings in M-tron Industries by 2,341.4% in the 4th quarter. Deutsche Bank AG now owns 1,709 shares of the company's stock worth $91,000 after buying an additional 1,639 shares in the last quarter. Wells Fargo & Company MN boosted its position in M-tron Industries by 43.9% in the 4th quarter. Wells Fargo & Company MN now owns 2,847 shares of the company's stock valued at $152,000 after buying an additional 869 shares during the last quarter. Finally, Victory Capital Management Inc. purchased a new position in M-tron Industries in the 3rd quarter valued at about $206,000. 23.31% of the stock is owned by institutional investors and hedge funds.

M-tron Industries Trading Up 2.0%

Shares of NYSEAMERICAN:MPTI opened at $76.06 on Wednesday. The company has a fifty day simple moving average of $82.73 and a 200 day simple moving average of $77.99. The firm has a market cap of $330.86 million, a PE ratio of 27.96, a price-to-earnings-growth ratio of 1.37 and a beta of 0.74. M-tron Industries, Inc. has a 12-month low of $43.55 and a 12-month high of $104.85.

M-tron Industries (NYSEAMERICAN:MPTI - Get Free Report) last posted its quarterly earnings results on Wednesday, August 12th. The company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.10). The company had revenue of $15.11 million during the quarter, compared to analyst estimates of $14.75 million. M-tron Industries had a net margin of 16.35% and a return on equity of 13.03%. As a group, equities research analysts forecast that M-tron Industries, Inc. will post 2.17 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently weighed in on MPTI shares. Freedom Capital downgraded M-tron Industries from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 13th. Zacks Research upgraded M-tron Industries from a "strong sell" rating to a "hold" rating in a research note on Monday, July 6th. One analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy".

About M-tron Industries

M-tron Industries, Inc (NYSE American: MPTI) is a designer and manufacturer of high‐performance electromechanical motion control and power transmission systems. The company specializes in the development of precision motors, digital servo controllers, and rotary electrical interfaces that enable smooth, reliable operation in demanding environments. Its core offerings include frameless torque motors, brushless DC motors, multi‐circuit slip ring assemblies, and custom motor/controller packages tailored to specific customer requirements.

These products serve a diverse array of end markets, including defense and aerospace, industrial automation, robotics, medical imaging, and energy generation.

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