Emerald Investment Advisers LLC bought a new stake in Matador Resources Company (NYSE:MTDR - Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 81,418 shares of the energy company's stock, valued at approximately $4,053,000. Emerald Investment Advisers LLC owned approximately 0.07% of Matador Resources at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Kestra Investment Management LLC lifted its position in shares of Matador Resources by 225.2% during the second quarter. Kestra Investment Management LLC now owns 517 shares of the energy company's stock worth $25,000 after purchasing an additional 358 shares in the last quarter. V Square Quantitative Management LLC acquired a new position in shares of Matador Resources in the first quarter valued at approximately $27,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Matador Resources in the third quarter valued at approximately $35,000. Center for Financial Planning Inc. purchased a new stake in Matador Resources during the 1st quarter worth approximately $41,000. Finally, Gilpin Wealth Management LLC purchased a new stake in Matador Resources during the 4th quarter worth approximately $42,000. 91.98% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In related news, CFO Christopher P. Calvert acquired 1,500 shares of the business's stock in a transaction on Friday, May 29th. The shares were bought at an average price of $53.24 per share, with a total value of $79,860.00. Following the completion of the acquisition, the chief financial officer owned 41,500 shares in the company, valued at $2,209,460. This trade represents a 3.75% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP William Thomas Elsener acquired 850 shares of Matador Resources stock in a transaction dated Monday, August 10th. The shares were bought at an average price of $50.94 per share, with a total value of $43,299.00. Following the transaction, the executive vice president directly owned 114,879 shares in the company, valued at approximately $5,851,936.26. The trade was a 0.75% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders bought 31,996 shares of company stock valued at $1,675,663. 5.90% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
Several equities analysts have commented on the stock. Citigroup decreased their price target on shares of Matador Resources from $68.00 to $60.00 and set a "buy" rating for the company in a research report on Tuesday, August 11th. Mizuho upgraded Matador Resources to a "strong-buy" rating in a research note on Friday, July 31st. UBS Group boosted their price objective on Matador Resources from $54.00 to $56.00 and gave the stock a "neutral" rating in a research report on Monday, August 10th. Zacks Research downgraded Matador Resources from a "strong-buy" rating to a "hold" rating in a research report on Monday, May 25th. Finally, Wall Street Zen upgraded shares of Matador Resources from a "hold" rating to a "buy" rating in a research note on Saturday, August 15th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $66.07.
Check Out Our Latest Report on MTDR
Matador Resources Stock Performance
Shares of MTDR stock opened at $58.51 on Friday. The company has a current ratio of 0.65, a quick ratio of 0.62 and a debt-to-equity ratio of 0.67. The firm has a fifty day moving average price of $51.46 and a 200 day moving average price of $54.43. The company has a market cap of $7.24 billion, a P/E ratio of 10.04 and a beta of 0.76. Matador Resources Company has a 12 month low of $37.14 and a 12 month high of $66.84.
Matador Resources (NYSE:MTDR - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The energy company reported $2.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.08 by $0.53. Matador Resources had a return on equity of 13.18% and a net margin of 19.85%.The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the previous year, the business earned $1.53 EPS. Matador Resources's revenue for the quarter was up 32.5% on a year-over-year basis. Sell-side analysts predict that Matador Resources Company will post 7.26 earnings per share for the current fiscal year.
Matador Resources Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 10th will be paid a dividend of $0.375 per share. The ex-dividend date is Monday, August 10th. This represents a $1.50 annualized dividend and a yield of 2.6%. Matador Resources's payout ratio is presently 25.73%.
Matador Resources News Summary
Here are the key news stories impacting Matador Resources this week:
- Positive Sentiment: CEO Joseph Wm. Foran purchased another 400 shares at an average price of $53.64, increasing his stake by 1.31%. The purchase follows several additional buys earlier in August, signaling management confidence in Matador’s valuation and outlook. Matador Resources CEO Purchases 400 Shares of Stock
- Positive Sentiment: Matador’s latest quarterly results were stronger than expected: earnings per share came in at $2.61 versus the $2.08 consensus estimate, while revenue reached $1.17 billion, up 32.5% year over year and above the $1.06 billion forecast. The company also declared a quarterly dividend of $0.375, equivalent to a $1.50 annual payout and an approximately 2.6% yield.
- Neutral Sentiment: Analyst sentiment remains broadly constructive but not decisive. Matador has a consensus “Moderate Buy” rating and an average price target of $66.07, while individual views range from Stephens’ $93 overweight target to Morgan Stanley’s $66 equal-weight target and Truist’s $59 buy target.
- Negative Sentiment: Zacks Research lowered estimates for Q3 2026 EPS to $0.99 from $1.44, Q4 2026 EPS to $1.26 from $1.41, FY2027 EPS to $6.87 from $7.33, and FY2028 EPS to $7.32 from $7.45. It also reduced Q2 and Q3 2027 forecasts, although it raised its Q4 2027 and Q1 2028 estimates modestly. The revisions suggest continuing uncertainty around Matador’s future earnings, likely related to commodity prices and operating conditions in the Permian Basin.
About Matador Resources
(
Free Report)
Matador Resources Company is an independent energy firm primarily engaged in the exploration, development and production of oil, natural gas liquids (NGLs) and natural gas. The company focuses on upstream operations, utilizing horizontal drilling and hydraulic fracturing techniques to unlock hydrocarbons from key reservoirs. Its asset base includes both operated and non‐operated positions, with a particular emphasis on the Permian Basin, one of the most prolific oil-producing regions in North America.
Matador's core operations are concentrated in the Delaware Basin segment of the Permian Basin, where it holds substantial acreage in both Reeves and Culberson counties in West Texas and Eddy and Lea counties in New Mexico.
Further Reading
Want to see what other hedge funds are holding MTDR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Matador Resources Company (NYSE:MTDR - Free Report).
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