Matson (NYSE: MATX) has recently received a number of price target changes and ratings updates:
- 8/8/2026 – Matson was upgraded by Wall Street Zen from “hold” to “buy”.
- 8/6/2026 – Matson was upgraded by Weiss Ratings from “hold (c)” to “buy (b-)”.
- 8/6/2026 – Matson was upgraded by Zacks Research from “hold” to “strong-buy”.
- 8/4/2026 – Matson had its price target raised by Stephens from $240.00 to $260.00. They now have an “overweight” rating on the stock.
- 8/4/2026 – Matson had its price target raised by JPMorgan Chase & Co. from $230.00 to $270.00. They now have an “overweight” rating on the stock.
Matson Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 6th will be paid a dividend of $0.38 per share. The ex-dividend date of this dividend is Thursday, August 6th. This is a boost from Matson’s previous quarterly dividend of $0.36. This represents a $1.52 dividend on an annualized basis and a dividend yield of 0.7%. Matson’s payout ratio is presently 10.16%.
Insider Activity at Matson
In related news, SVP Leonard P. Isotoff sold 1,250 shares of the business’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $208.30, for a total transaction of $260,375.00. Following the sale, the senior vice president owned 6,527 shares in the company, valued at $1,359,574.10. The trade was a 16.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Grace M. Cerocke sold 1,200 shares of the stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $183.57, for a total value of $220,284.00. Following the completion of the transaction, the senior vice president owned 17,986 shares of the company’s stock, valued at $3,301,690.02. This represents a 6.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 10,089 shares of company stock valued at $1,975,717. 2.51% of the stock is owned by company insiders.
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.
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