Jupiter Topco LLC Buys New Position in Matador Resources Company $MTDR

Key Points

• Jupiter Topco LLC bought 52,179 Matador Resources shares during the second quarter, valued at approximately $2.6 million. Institutional investors collectively own 91.98% of MTDR.
• Insiders have been net buyers, purchasing 25,644 shares worth about $1.34 million over the past 90 days. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $65.93.
• Matador’s latest quarterly results exceeded expectations, with EPS of $2.61 and revenue of $1.17 billion, up 32.5% year over year. The company also declared a quarterly dividend of $0.375 per share, representing a 2.5% annualized yield.

Jupiter Topco LLC purchased a new position in Matador Resources Company (NYSE:MTDR - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 52,179 shares of the energy company's stock, valued at approximately $2,599,000.

Other large investors have also added to or reduced their stakes in the company. Hsbc Holdings PLC purchased a new position in Matador Resources during the 2nd quarter valued at $2,824,000. Castleark Management LLC purchased a new stake in shares of Matador Resources in the 2nd quarter worth about $416,000. Legal & General Group Plc bought a new stake in shares of Matador Resources during the 2nd quarter valued at about $6,653,000. The Manufacturers Life Insurance Company bought a new stake in shares of Matador Resources during the 2nd quarter valued at about $4,192,000. Finally, Thomist Capital Management LP purchased a new position in shares of Matador Resources during the second quarter valued at about $3,992,000. Institutional investors own 91.98% of the company's stock.

Insider Buying and Selling at Matador Resources

In related news, EVP William Thomas Elsener purchased 850 shares of the company's stock in a transaction dated Monday, August 10th. The shares were purchased at an average cost 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 $5,851,936.26. This trade represents a 0.75% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Glenn W. Stetson purchased 500 shares of the business's stock in a transaction that occurred on Tuesday, June 9th. The stock was bought at an average price of $53.41 per share, for a total transaction of $26,705.00. Following the purchase, the chief operating officer directly owned 95,470 shares in the company, valued at $5,099,052.70. The trade was a 0.53% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have bought a total of 25,644 shares of company stock valued at $1,344,638 over the last ninety days. Company insiders own 5.90% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on MTDR shares. Mizuho raised shares of Matador Resources to a "strong-buy" rating in a research note on Friday, July 31st. KeyCorp cut their price objective on Matador Resources from $73.00 to $68.00 and set an "overweight" rating on the stock in a research report on Thursday, August 13th. UBS Group upped their target price on Matador Resources from $54.00 to $56.00 and gave the stock a "neutral" rating in a report on Monday, August 10th. Stephens increased their target price on Matador Resources from $92.00 to $93.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 28th. Finally, Morgan Stanley lowered their target price on Matador Resources from $75.00 to $66.00 and set an "equal weight" rating for the company in a research note on Monday, June 29th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $65.93.

Key Headlines Impacting Matador Resources

Here are the key news stories impacting Matador Resources this week:

• Positive Sentiment: Wells Fargo upgraded MTDR from “Equal Weight” to “Overweight.” The firm set a $77 price target, implying substantial potential upside from recent trading levels. Although the target was reduced from $79, the rating change suggests improved confidence in Matador’s relative performance and could support the stock.
• Positive Sentiment: CFO Christopher Calvert purchased 2,500 shares at an average price of $56.64, investing approximately $141,600 and increasing his holdings by 6.02%. Insider buying can be viewed as a vote of confidence in the company’s valuation and outlook. Christopher Calvert Purchases 2,500 Shares of Matador Resources Stock
• Neutral Sentiment: Zacks Research made mixed, modest changes to its long-term forecasts while retaining a “Hold” rating. Estimates increased for third-quarter 2027 EPS to $1.82 from $1.77, fiscal 2027 EPS to $6.90 from $6.87, and fiscal 2028 EPS to $7.35 from $7.32.
• Negative Sentiment: Zacks lowered estimates for fiscal 2026 EPS to $6.37 from $6.40, fourth-quarter 2026 EPS to $1.24 from $1.26, first-quarter 2027 EPS to $1.80 from $1.81, fourth-quarter 2027 EPS to $1.67 from $1.69, and second-quarter 2027 EPS to $1.60 from $1.61. These reductions point to near-term earnings pressure, despite the small upward revisions further out.

Matador Resources Stock Up 0.5%

NYSE:MTDR opened at $59.53 on Thursday. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.65 and a quick ratio of 0.62. The firm's 50-day moving average price is $52.56 and its 200-day moving average price is $55.10. The company has a market capitalization of $7.37 billion, a PE ratio of 10.21 and a beta of 0.79. Matador Resources Company has a 1-year low of $37.14 and a 1-year high of $66.84.

Matador Resources (NYSE:MTDR - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The energy company reported $2.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.08 by $0.53. Matador Resources had a net margin of 19.85% and a return on equity of 13.18%. The company had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.06 billion. During the same period last year, the company posted $1.53 EPS. Matador Resources's revenue was up 32.5% on a year-over-year basis. On average, equities analysts predict that Matador Resources Company will post 7.26 EPS 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. Shareholders of record on Monday, August 10th will be paid a dividend of $0.375 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.5%. Matador Resources's dividend payout ratio (DPR) is currently 25.73%.

Matador Resources Company Profile

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.

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