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Cubist Systematic Strategies LLC Has $9.43 Million Stock Holdings in Matson, Inc. $MATX

Written by MarketBeat
September 4, 2025
Matson logo with Transportation background

Key Points

  • Cubist Systematic Strategies LLC raised its position in Matson, Inc. by 91.1%, increasing its holdings to $9.43 million and owning 73,582 shares after purchasing an additional 35,070 shares.
  • Other institutional investors have also significantly increased their stakes in Matson, with Boston Partners growing their holdings by 424.8%, now owning 958,170 shares worth approximately $121.4 million.
  • Matson has announced a quarterly dividend increase to $0.36 per share, reflecting its commitment to return capital to shareholders, with a current annualized dividend yield of 1.4%.
  • MarketBeat previews the top five stocks to own by October 1st.

Cubist Systematic Strategies LLC raised its position in Matson, Inc. (NYSE:MATX - Free Report) by 91.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,582 shares of the shipping company's stock after buying an additional 35,070 shares during the quarter. Cubist Systematic Strategies LLC owned 0.23% of Matson worth $9,431,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Boston Partners grew its holdings in shares of Matson by 424.8% during the 1st quarter. Boston Partners now owns 958,170 shares of the shipping company's stock worth $121,428,000 after purchasing an additional 775,600 shares in the last quarter. Leigh Baldwin & CO. LLC acquired a new stake in shares of Matson during the 4th quarter worth $34,897,000. Nuveen LLC acquired a new stake in shares of Matson during the 1st quarter worth $23,325,000. Ameriprise Financial Inc. grew its holdings in shares of Matson by 73.9% during the 4th quarter. Ameriprise Financial Inc. now owns 416,473 shares of the shipping company's stock worth $56,157,000 after purchasing an additional 177,000 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of Matson by 14,218.7% during the 1st quarter. GAMMA Investing LLC now owns 175,977 shares of the shipping company's stock worth $22,555,000 after purchasing an additional 174,748 shares in the last quarter. 84.76% of the stock is owned by institutional investors and hedge funds.

Matson Price Performance

Shares of MATX stock opened at $104.08 on Tuesday. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.13. Matson, Inc. has a twelve month low of $91.75 and a twelve month high of $169.12. The company has a market cap of $3.31 billion, a P/E ratio of 7.04 and a beta of 1.21. The business has a fifty day simple moving average of $108.60 and a 200 day simple moving average of $114.60.

Matson (NYSE:MATX - Get Free Report) last posted its earnings results on Thursday, July 31st. The shipping company reported $2.92 EPS for the quarter, beating the consensus estimate of $2.18 by $0.74. The firm had revenue of $830.50 million during the quarter, compared to the consensus estimate of $727.30 million. Matson had a return on equity of 18.90% and a net margin of 14.26%.The business's quarterly revenue was down 2.0% on a year-over-year basis. During the same period last year, the company earned $3.31 earnings per share. On average, sell-side analysts forecast that Matson, Inc. will post 13.27 EPS for the current fiscal year.

Matson Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Thursday, August 7th will be paid a $0.36 dividend. The ex-dividend date of this dividend is Thursday, August 7th. This is a positive change from Matson's previous quarterly dividend of $0.34. This represents a $1.44 annualized dividend and a dividend yield of 1.4%. Matson's payout ratio is currently 9.74%.

Insider Buying and Selling at Matson

In related news, SVP Christopher A. Scott sold 1,044 shares of the firm's stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $109.94, for a total transaction of $114,777.36. Following the completion of the sale, the senior vice president owned 13,441 shares of the company's stock, valued at $1,477,703.54. This trade represents a 7.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 2.05% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Wall Street Zen lowered Matson from a "buy" rating to a "hold" rating in a report on Wednesday, May 7th. Stephens reduced their target price on Matson from $175.00 to $150.00 and set an "overweight" rating on the stock in a report on Tuesday, May 6th. Stifel Nicolaus reduced their target price on Matson from $160.00 to $130.00 and set a "hold" rating on the stock in a report on Tuesday, May 6th. Finally, Jefferies Financial Group reissued a "hold" rating and set a $115.00 target price on shares of Matson in a report on Friday, August 1st. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $131.67.

Read Our Latest Report on MATX

Matson Profile

(Free Report)

Matson, Inc, together with its subsidiaries, engages in the provision of ocean transportation and logistics services. It operates through two segments, Ocean Transportation and Logistics. The Ocean Transportation segment offers ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Japan, Alaska, and Guam, as well as to other island economies in Micronesia.

See Also

Want to see what other hedge funds are holding MATX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Matson, Inc. (NYSE:MATX - Free Report).

Institutional Ownership by Quarter for Matson (NYSE:MATX)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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