Grandeur Peak Global Advisors LLC Makes New Investment in M-tron Industries, Inc. $MPTI

Key Points

• Grandeur Peak Global Advisors initiated a position of 56,681 M-tron Industries shares worth approximately $5.62 million, representing about 1.3% of the company and 1.1% of the fund’s holdings.
• M-tron reported quarterly revenue of $15.11 million, exceeding estimates, but earnings per share of $0.43 missed the $0.53 consensus forecast. Analysts project $2.17 in full-year EPS.
• MPTI shares opened at $78.25, below their 50-day average of $85.91 but above their 200-day average of $77.31. Despite mixed analyst actions, the stock carries a consensus “Moderate Buy” rating.

Grandeur Peak Global Advisors LLC bought a new stake in M-tron Industries, Inc. (NYSEAMERICAN:MPTI - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 56,681 shares of the company's stock, valued at approximately $5,620,000. M-tron Industries makes up 1.1% of Grandeur Peak Global Advisors LLC's holdings, making the stock its 19th biggest position. Grandeur Peak Global Advisors LLC owned approximately 1.30% of M-tron Industries at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. First Trust Advisors LP raised its holdings in shares of M-tron Industries by 2.7% during the 4th quarter. First Trust Advisors LP now owns 8,244 shares of the company's stock worth $439,000 after acquiring an additional 216 shares during the period. Barclays PLC grew its holdings in shares of M-tron Industries by 7.1% in the fourth quarter. Barclays PLC now owns 3,830 shares of the company's stock valued at $204,000 after purchasing an additional 254 shares during the period. Legal & General Group Plc purchased a new stake in shares of M-tron Industries in the second quarter valued at about $40,000. Goldman Sachs Group Inc. increased its position in M-tron Industries by 7.6% during the first quarter. Goldman Sachs Group Inc. now owns 9,761 shares of the company's stock worth $435,000 after purchasing an additional 689 shares during the last quarter. Finally, Wells Fargo & Company MN increased its position in M-tron Industries by 43.9% during the fourth quarter. Wells Fargo & Company MN now owns 2,847 shares of the company's stock worth $152,000 after purchasing an additional 869 shares during the last quarter. 23.31% of the stock is owned by institutional investors and hedge funds.

M-tron Industries Stock Performance

NYSEAMERICAN:MPTI opened at $78.25 on Friday. The stock has a market capitalization of $340.39 million, a P/E ratio of 28.77, a PEG ratio of 1.46 and a beta of 0.77. The company has a 50 day moving average price of $85.91 and a 200 day moving average price of $77.31. M-tron Industries, Inc. has a fifty-two week low of $43.46 and a fifty-two week high of $104.85.

M-tron Industries (NYSEAMERICAN:MPTI - Get Free Report) last posted its earnings results on Wednesday, August 12th. The company reported $0.43 earnings per share for the quarter, missing the consensus estimate 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. Research analysts forecast that M-tron Industries, Inc. will post 2.17 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Freedom Capital downgraded shares of M-tron Industries from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 13th. Zacks Research raised shares of 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 assigned a Hold rating to the company. Based on data from MarketBeat.com, M-tron Industries presently has a consensus rating of "Moderate Buy".

M-tron Industries Company Profile

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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