BlackRock Inc. Acquires Shares of 252,972 M-tron Industries, Inc. $MPTI

Key Points

• BlackRock acquired 252,972 shares of M-tron Industries during the second quarter, worth approximately $25.1 million and representing about 5.86% of the company. Institutional investors collectively own 23.31% of MPTI.
• M-tron reported quarterly revenue of $15.11 million, exceeding estimates of $14.75 million, but earnings per share of $0.43 fell short of the $0.53 consensus forecast.
• MPTI recently traded at $73.01, below its 50-day average of $84.43, while analysts’ overall rating remains “Moderate Buy”, with one Strong Buy and two Hold ratings.

BlackRock Inc. acquired a new stake in M-tron Industries, Inc. (NYSEAMERICAN:MPTI - Free Report) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 252,972 shares of the company's stock, valued at approximately $25,082,000. BlackRock Inc. owned about 5.86% of M-tron Industries at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Deutsche Bank AG acquired a new stake in M-tron Industries during the second quarter worth approximately $409,000. Bank of New York Mellon Corp acquired a new position in shares of M-tron Industries in the second quarter valued at approximately $1,700,000. GSA Capital Partners LLP bought a new position in shares of M-tron Industries during the second quarter worth approximately $727,000. Bank of America Corp DE increased its stake in shares of M-tron Industries by 44.4% during the first quarter. Bank of America Corp DE now owns 5,343 shares of the company's stock worth $357,000 after purchasing an additional 1,644 shares during the period. Finally, Aristides Capital LLC lifted its holdings in M-tron Industries by 21.5% during the 1st quarter. Aristides Capital LLC now owns 65,673 shares of the company's stock worth $4,390,000 after purchasing an additional 11,619 shares during the last quarter. 23.31% of the stock is owned by institutional investors.

M-tron Industries Price Performance

NYSEAMERICAN MPTI opened at $73.01 on Thursday. The business has a fifty day moving average price of $84.43 and a two-hundred day moving average price of $77.64. M-tron Industries, Inc. has a fifty-two week low of $43.46 and a fifty-two week high of $104.85. The stock has a market capitalization of $317.59 million, a PE ratio of 26.84, a PEG ratio of 1.38 and a beta of 0.74.

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 for the quarter, missing analysts' consensus estimates of $0.53 by ($0.10). M-tron Industries had a net margin of 16.35% and a return on equity of 13.03%. The company had revenue of $15.11 million during the quarter, compared to analyst estimates of $14.75 million. As a group, sell-side analysts expect that M-tron Industries, Inc. will post 2.17 earnings per share for the current year.

Wall Street Analysts Forecast Growth

MPTI has been the subject of a number of recent research reports. Zacks Research raised shares of M-tron Industries from a "strong sell" rating to a "hold" rating in a research report on Monday, July 6th. Freedom Capital lowered shares of M-tron Industries from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company presently 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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