Kuuhaku Park Sells 1,000 Shares of Matson (NYSE:MATX) Stock

Matson, Inc. (NYSE:MATX) SVP Kuuhaku Park sold 1,000 shares of Matson stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $208.49, for a total value of $208,490.00. Following the sale, the senior vice president directly owned 9,984 shares of the company’s stock, valued at $2,081,564.16. This represents a 9.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Matson Price Performance

Matson stock opened at $214.48 on Friday. The stock has a market cap of $6.41 billion, a price-to-earnings ratio of 14.34 and a beta of 1.27. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.11. The business has a 50-day simple moving average of $203.59 and a 200 day simple moving average of $181.29. Matson, Inc. has a 52 week low of $86.97 and a 52 week high of $230.74.

Matson (NYSE:MATX) last released its quarterly earnings results on Monday, August 3rd. The shipping company reported $4.27 earnings per share for the quarter, beating the consensus estimate of $3.79 by $0.48. The firm had revenue of $969.40 million for the quarter, compared to analysts’ expectations of $893.91 million. Matson had a return on equity of 16.94% and a net margin of 13.41%.The company’s revenue was up 16.7% compared to the same quarter last year. During the same quarter last year, the firm posted $2.92 EPS. On average, research analysts forecast that Matson, Inc. will post 16.01 earnings per share for the current fiscal year.

Matson Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 6th will be given a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 0.7%. This is a positive change from Matson’s previous quarterly dividend of $0.36. The ex-dividend date is Thursday, August 6th. Matson’s dividend payout ratio (DPR) is currently 10.16%.

Institutional Investors Weigh In On Matson

A number of hedge funds have recently made changes to their positions in MATX. Danske Bank A S purchased a new stake in shares of Matson in the 4th quarter valued at $25,000. Allworth Financial LP purchased a new position in Matson in the 2nd quarter worth $28,000. Headlands Technologies LLC bought a new stake in Matson in the second quarter worth $28,000. Measured Wealth Private Client Group LLC bought a new stake in Matson in the third quarter worth $30,000. Finally, SouthState Bank Corp purchased a new stake in Matson during the fourth quarter valued at about $31,000. 84.76% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on MATX shares. Weiss Ratings raised shares of Matson from a “hold (c)” rating to a “buy (b-)” rating in a research note on Thursday, August 6th. Zacks Research raised shares of Matson from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. JPMorgan Chase & Co. upped their target price on shares of Matson from $230.00 to $270.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 4th. Wall Street Zen raised Matson from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, Stephens raised their price target on Matson from $240.00 to $260.00 and gave the company an “overweight” rating in a research report on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $232.33.

Key Headlines Impacting Matson

Here are the key news stories impacting Matson this week:

• Positive Sentiment: Matson’s latest quarterly results showed solid operating momentum: earnings per share of $4.27 exceeded the $3.79 consensus estimate, while revenue increased 16.7% year over year to $969.4 million, also topping expectations. Analysts forecast approximately $16.01 in full-year EPS.
• Positive Sentiment: Analyst sentiment has improved, with JPMorgan raising its price target to $270 and Stephens lifting its target to $260. The consensus rating is “Buy,” with an average target price of $232.33, suggesting additional potential upside based on current estimates.
• Positive Sentiment: Matson increased its quarterly dividend to $0.38 per share from $0.36, signaling confidence in cash generation. The annualized payout is $1.52 per share, although the yield remains modest at roughly 0.7%.
• Neutral Sentiment: A Zacks comparison examines whether MATX is outperforming transportation peers, including Seanergy Maritime Holdings, and the broader transportation sector this year. The report provides relative-performance context but does not introduce a new company-specific fundamental catalyst. Zacks Matson peer-performance article
• Negative Sentiment: Four senior vice presidents sold a combined 4,569 Matson shares for approximately $952,000 on August 11. The transactions reduced their individual holdings by about 6% to 20%, though all retained shares. Repeated executive selling could weigh on sentiment, even though insider sales can also reflect personal liquidity or diversification decisions. Matson insider-selling article

About Matson

Matson, Inc (NYSE: MATX) is a U.S.-based provider of ocean transportation and supply chain logistics services with a focus on Pacific trade lanes. The company operates a fleet of container ships that regularly service Hawaii, Alaska, Guam, Micronesia and other Pacific islands, as well as mainland U.S. ports. Matson’s ocean transportation segment offers scheduled liner services, expedited shipping options and specialized project cargo handling for industries ranging from retail to heavy machinery.

In addition to its core liner operations, Matson offers ocean transportation services between Asia and the U.S.