MATX - Matson, Inc.
Bank of America Corp DE boosted its stake in shares of Matson, Inc. (NYSE: MATX) by 12.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 200,926 shares of the shipping company's stock after purchasing an additional 22,516 shares during the quarter.
Here is how Matson (MATX) and Seanergy Maritime Holdings Corp (SHIP) have performed compared to their sector so far this year.
Assenagon Asset Management S.A. bought a new stake in Matson, Inc. (NYSE: MATX) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 17,842 shares of the shipping company's stock, valued at approximately $3,430,000. Assenagon Asset Management S.A. owned approximately
Matson (MATX) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
Matson (MATX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
The average of price targets set by Wall Street analysts indicates a potential upside of 27.3% in Matson (MATX). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Matson NYSE: MATX reported stronger second-quarter results and raised its full-year outlook, citing continued momentum in its China service, resilient consumer demand and a stable Trans-Pacific trading environment.
Matson (MATX) came out with quarterly earnings of $4.27 per share, beating the Zacks Consensus Estimate of $3.74 per share. This compares to earnings of $2.92 per share a year ago.
Matson, Inc. (MATX) Q2 2026 Earnings Call Transcript
2Q26 EPS of $4.27 versus $2.92 in 2Q25 2Q26 Net Income of $129.4 million versus $94.7 million in 2Q25 2Q26 Consolidated Operating Income of $158.9 million versus $113.0 million in 2Q25 2Q26 EBITDA of $211.0 million versus $163.6 million in 2Q25 Repurchased approximately 0.3 million shares in 2Q26 Raises full year outlook HONOLULU, Aug. 3, 2026 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $129.4 million, or $4.27 per diluted share, for the quarter ended June 30, 2026. Net income for the quarter ended June 30, 2025 was $94.7 million, or $2.92 per diluted share.
After losing some value lately, a hammer chart pattern has been formed for Matson (MATX), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
First Trust Advisors LP grew its holdings in shares of Matson, Inc. (NYSE: MATX) by 61.6% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 81,319 shares of the shipping company's stock after buying an additional 30,998 shares during the quarter. First
Here is how Matson (MATX) and Werner Enterprises (WERN) have performed compared to their sector so far this year.
Matson (MATX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Does Matson (MATX) have what it takes to be a top stock pick for momentum investors? Let's find out.
Expects 2Q26 consolidated operating income to be $153.0 to $160.0 million Expects 2Q26 net income and diluted EPS to be $124.8 to $130.3 million and $4.12 to $4.30, respectively Year-over-year increase in consolidated operating income driven primarily by higher contribution from China service Repurchased approximately 0.3 million shares in 2Q26 Announces second quarter earnings call date on August 3, 2026 HONOLULU, July 15, 2026 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX) today announces preliminary second quarter financial results, provides a business update and announces that its second quarter earnings call will be held on August 3, 2026. Matt Cox, Matson's Chairman and Chief Executive Officer, commented, "Matson had a strong second quarter with momentum in our China service carrying over from the post-Lunar New Year period.
HONOLULU, July 8, 2026 /PRNewswire/ -- Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, has published its 2025 Sustainability Report, which provides an overview of the company's programs and initiatives focused on upholding high ethical standards, reducing environmental impact, and supporting its employees and communities. A downloadable copy of Matson's 2025 Sustainability Report is available on the company's website at: https://www.matson.com/sustainability.html About Matson Founded in 1882, Matson (NYSE: MATX) is a leading provider of ocean transportation and logistics services.
Matson (MATX) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
In this article series, I summarize dividend announcements of the past week. Thirteen companies in my database (including 7 banks) announced dividend increases. JPMorgan Chase stands out with a 10% dividend hike, an A+ safety grade, and a new $50B buyback, and trades only 3.35% above fair value. Matson is the week's high-quality non-bank, boasting a 7.34 quality score, 9.4 safety score, and a conservative 10% payout ratio.
WLY, AZZ and MATX raised dividends as market volatility, inflation concerns and rate-hike expectations drive investors toward income-focused stocks.