Ceredex Value Advisors LLC Takes $9.41 Million Position in Matador Resources Company $MTDR

Ceredex Value Advisors LLC purchased a new position in Matador Resources Company (NYSE:MTDR) in the second quarter, Holdings Channel reports. The fund purchased 189,000 shares of the energy company’s stock, valued at approximately $9,408,000.

Several other institutional investors have also made changes to their positions in MTDR. BlackRock Inc. purchased a new position in Matador Resources during the second quarter valued at approximately $573,936,000. Wellington Management Group LLP increased its stake in Matador Resources by 65.0% in the 4th quarter. Wellington Management Group LLP now owns 3,406,182 shares of the energy company’s stock valued at $144,558,000 after buying an additional 1,342,145 shares during the period. Encompass Capital Advisors LLC purchased a new stake in Matador Resources in the 4th quarter worth approximately $53,249,000. Bank of New York Mellon Corp purchased a new stake in Matador Resources in the 2nd quarter worth approximately $56,161,000. Finally, Value Holdings Management CO. LLC acquired a new stake in shares of Matador Resources during the 2nd quarter valued at $41,532,000. 91.98% of the stock is currently owned by institutional investors and hedge funds.

Matador Resources Trading Up 0.2%

Matador Resources stock opened at $58.51 on Friday. The business has a 50 day moving average price of $51.46 and a two-hundred day moving average price of $54.43. The company has a quick ratio of 0.62, a current ratio of 0.65 and a debt-to-equity ratio of 0.67. The stock has a market cap of $7.24 billion, a price-to-earnings ratio of 10.04 and a beta of 0.76. Matador Resources Company has a 12 month low of $37.14 and a 12 month high of $66.84.

Matador Resources (NYSE:MTDR) last announced its quarterly earnings results on Wednesday, August 5th. The energy company reported $2.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.08 by $0.53. The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.06 billion. Matador Resources had a net margin of 19.85% and a return on equity of 13.18%. The business’s revenue for the quarter was up 32.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.53 EPS. As a group, equities analysts forecast that Matador Resources Company will post 7.26 EPS for the current year.

Matador Resources Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 10th will be issued a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Monday, August 10th. Matador Resources’s dividend payout ratio is presently 25.73%.

Analysts Set New Price Targets

Several research firms have recently commented on MTDR. UBS Group boosted their price target on shares of Matador Resources from $54.00 to $56.00 and gave the company a “neutral” rating in a report on Monday, August 10th. KeyCorp cut their price objective on Matador Resources from $73.00 to $68.00 and set an “overweight” rating for the company in a report on Thursday, August 13th. Stephens lifted their price objective on Matador Resources from $92.00 to $93.00 and gave the company an “overweight” rating in a research report on Tuesday, July 28th. Morgan Stanley lowered their target price on Matador Resources from $75.00 to $66.00 and set an “equal weight” rating on the stock in a research note on Monday, June 29th. Finally, Zacks Research lowered Matador Resources from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 25th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $66.07.

Matador Resources News Summary

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

• Positive Sentiment: CEO Joseph Wm. Foran purchased another 400 shares at an average price of $53.64, increasing his stake by 1.31%. The purchase follows several additional buys earlier in August, signaling management confidence in Matador’s valuation and outlook. Matador Resources CEO Purchases 400 Shares of Stock
• Positive Sentiment: Matador’s latest quarterly results were stronger than expected: earnings per share came in at $2.61 versus the $2.08 consensus estimate, while revenue reached $1.17 billion, up 32.5% year over year and above the $1.06 billion forecast. The company also declared a quarterly dividend of $0.375, equivalent to a $1.50 annual payout and an approximately 2.6% yield.
• Neutral Sentiment: Analyst sentiment remains broadly constructive but not decisive. Matador has a consensus “Moderate Buy” rating and an average price target of $66.07, while individual views range from Stephens’ $93 overweight target to Morgan Stanley’s $66 equal-weight target and Truist’s $59 buy target.
• Negative Sentiment: Zacks Research lowered estimates for Q3 2026 EPS to $0.99 from $1.44, Q4 2026 EPS to $1.26 from $1.41, FY2027 EPS to $6.87 from $7.33, and FY2028 EPS to $7.32 from $7.45. It also reduced Q2 and Q3 2027 forecasts, although it raised its Q4 2027 and Q1 2028 estimates modestly. The revisions suggest continuing uncertainty around Matador’s future earnings, likely related to commodity prices and operating conditions in the Permian Basin.

Insiders Place Their Bets

In related news, EVP William Thomas Elsener acquired 850 shares of the firm’s stock in a transaction on Monday, August 10th. The shares were purchased at an average price of $50.94 per share, with a total value of $43,299.00. Following the acquisition, the executive vice president directly owned 114,879 shares in the company, valued at $5,851,936.26. The trade was a 0.75% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, CEO Joseph Wm Foran acquired 5,000 shares of the stock in a transaction on Thursday, August 13th. The stock was bought at an average price of $51.44 per share, with a total value of $257,200.00. Following the transaction, the chief executive officer directly owned 30,617 shares in the company, valued at approximately $1,574,938.48. This represents a 19.52% increase in their position. The SEC filing for this purchase provides additional information. In the last three months, insiders have purchased 31,996 shares of company stock valued at $1,675,663. 5.90% of the stock is owned by corporate insiders.

Matador Resources 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.