Freedom Capital Downgrades M-tron Industries (NYSEAMERICAN:MPTI) to Hold

M-tron Industries (NYSEAMERICAN:MPTI) was downgraded by analysts at Freedom Capital from a “strong-buy” rating to a “hold” rating in a research note issued on Wednesday,Zacks.com reports.

Separately, Zacks Research downgraded M-tron Industries from a “hold” rating to a “strong sell” rating in a research note on Friday, March 13th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold”.

M-tron Industries Trading Up 6.8%

MPTI stock opened at $79.11 on Wednesday. The firm has a 50 day moving average of $67.30 and a 200-day moving average of $60.78. M-tron Industries has a 12-month low of $36.38 and a 12-month high of $87.23. The company has a market cap of $341.76 million, a price-to-earnings ratio of 28.05, a PEG ratio of 1.36 and a beta of 0.57.

M-tron Industries (NYSEAMERICAN:MPTI) last posted its quarterly earnings results on Friday, May 8th. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. The company had revenue of $14.69 million during the quarter, compared to the consensus estimate of $14.36 million. M-tron Industries had a net margin of 16.33% and a return on equity of 20.45%. Sell-side analysts forecast that M-tron Industries will post 2.18 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Cameron Pforr sold 840 shares of the business’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $66.78, for a total value of $56,095.20. Following the completion of the transaction, the chief executive officer owned 26,806 shares of the company’s stock, valued at approximately $1,790,104.68. The trade was a 3.04% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 1,507 shares of company stock valued at $100,637. Insiders own 6.60% of the company’s stock.

Hedge Funds Weigh In On M-tron Industries

Institutional investors have recently modified their holdings of the company. Aristides Capital LLC raised its holdings in M-tron Industries by 21.5% in the 1st quarter. Aristides Capital LLC now owns 65,673 shares of the company’s stock valued at $4,390,000 after acquiring an additional 11,619 shares during the last quarter. Renaissance Technologies LLC raised its holdings in M-tron Industries by 34.3% in the 4th quarter. Renaissance Technologies LLC now owns 60,559 shares of the company’s stock valued at $3,223,000 after acquiring an additional 15,454 shares during the last quarter. Marshall Wace LLP increased its stake in M-tron Industries by 25.6% in the second quarter. Marshall Wace LLP now owns 56,263 shares of the company’s stock valued at $2,363,000 after purchasing an additional 11,470 shares during the last quarter. Herald Investment Management Ltd increased its stake in M-tron Industries by 57.1% in the third quarter. Herald Investment Management Ltd now owns 55,000 shares of the company’s stock valued at $3,035,000 after purchasing an additional 20,000 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in M-tron Industries by 6.0% in the first quarter. Dimensional Fund Advisors LP now owns 44,988 shares of the company’s stock valued at $3,007,000 after purchasing an additional 2,540 shares during the last quarter. Institutional investors and hedge funds own 23.31% of the company’s stock.

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.