M-tron Industries, Inc. $MPTI Shares Sold by Palisades Investment Partners LLC

Palisades Investment Partners LLC reduced its holdings in M-tron Industries, Inc. (NYSEAMERICAN:MPTI) by 47.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 66,751 shares of the company’s stock after selling 61,464 shares during the quarter. Palisades Investment Partners LLC owned 2.28% of M-tron Industries worth $3,552,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in MPTI. Solstein Capital LLC bought a new position in shares of M-tron Industries in the third quarter worth $28,000. Goldman Sachs Group Inc. raised its stake in shares of M-tron Industries by 7.6% during the first quarter. Goldman Sachs Group Inc. now owns 9,761 shares of the company’s stock valued at $435,000 after purchasing an additional 689 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of M-tron Industries during the third quarter valued at about $63,000. Acuitas Investments LLC acquired a new stake in M-tron Industries in the third quarter worth about $140,000. Finally, Dimensional Fund Advisors LP grew its position in M-tron Industries by 8.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 33,448 shares of the company’s stock valued at $1,855,000 after buying an additional 2,676 shares in the last quarter. Institutional investors own 23.31% of the company’s stock.

Analysts Set New Price Targets

Separately, Zacks Research cut shares of M-tron Industries from a “hold” rating to a “strong sell” rating in a research note on Friday, March 13th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, M-tron Industries has a consensus rating of “Moderate Buy”.

M-tron Industries Stock Performance

MPTI opened at $69.21 on Friday. M-tron Industries, Inc. has a one year low of $36.38 and a one year high of $79.58. The stock’s fifty day moving average is $64.91 and its 200-day moving average is $57.89. The company has a market capitalization of $247.08 million, a PE ratio of 25.54, a P/E/G ratio of 1.13 and a beta of 0.76.

M-tron Industries (NYSEAMERICAN:MPTI) last announced its earnings results on Tuesday, March 24th. The company reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.35. The business had revenue of $14.23 million during the quarter, compared to analysts’ expectations of $13.49 million. M-tron Industries had a return on equity of 20.09% and a net margin of 15.52%. On average, equities research analysts forecast that M-tron Industries, Inc. will post 2.47 EPS for the current fiscal year.

M-tron Industries 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.