Matson (NYSE:MATX) EVP Vic Angoco, Jr. Sells 6,189 Shares

Matson, Inc. (NYSE:MATX) EVP Vic Angoco, Jr. sold 6,189 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $165.31, for a total transaction of $1,023,103.59. Following the transaction, the executive vice president directly owned 14,800 shares of the company’s stock, valued at approximately $2,446,588. This represents a 29.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Matson Stock Performance

NYSE:MATX opened at $167.24 on Thursday. Matson, Inc. has a fifty-two week low of $86.97 and a fifty-two week high of $177.51. The firm’s 50 day moving average is $151.25 and its two-hundred day moving average is $121.52. The company has a market cap of $5.09 billion, a P/E ratio of 12.00 and a beta of 1.32. The company has a quick ratio of 0.83, a current ratio of 0.89 and a debt-to-equity ratio of 0.11.

Matson (NYSE:MATX) last issued its earnings results on Tuesday, February 24th. The shipping company reported $4.60 earnings per share for the quarter, topping the consensus estimate of $3.69 by $0.91. The business had revenue of $851.90 million for the quarter, compared to analyst estimates of $847.30 million. Matson had a return on equity of 16.63% and a net margin of 13.30%.The business’s quarterly revenue was down 4.3% on a year-over-year basis. During the same period last year, the company posted $3.80 EPS. Analysts expect that Matson, Inc. will post 13.27 EPS for the current year.

Matson Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Investors of record on Thursday, February 5th will be issued a $0.36 dividend. The ex-dividend date is Thursday, February 5th. This represents a $1.44 annualized dividend and a yield of 0.9%. Matson’s dividend payout ratio (DPR) is presently 10.33%.

Analysts Set New Price Targets

Several research firms recently weighed in on MATX. Stephens lifted their target price on shares of Matson from $190.00 to $213.00 and gave the company an “overweight” rating in a report on Wednesday, January 21st. Wolfe Research restated an “outperform” rating and set a $167.00 price objective on shares of Matson in a research note on Thursday, January 8th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Matson in a research note on Monday, December 29th. Two equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $156.25.

Key Headlines Impacting Matson

Here are the key news stories impacting Matson this week:

• Neutral Sentiment: Comparative analysis piece that includes Matson; likely informational rather than a direct catalyst. Analyzing Grupo Aeroportuario del Centro Norte and Matson
• Negative Sentiment: EVP Peter T. Heilmann sold 13,000 shares at ~$165.46 (≈$2.15M); his post-sale holdings fell ~28.5%. This large executive sale is a negative signal for sentiment. SEC Filing – Heilmann
• Negative Sentiment: EVP Vic S. Angoco Jr. sold 6,189 shares at ~$165.31 (≈$1.02M); his stake fell ~29.5%, another sizable insider sale. SEC Filing – Angoco
• Negative Sentiment: SVP Richard S. Kinney sold 5,225 shares at ~$165.32 (≈$864k); his position dropped ~43.7%, amplifying the pattern of insider exits. SEC Filing – Kinney
• Negative Sentiment: VP Kevin L. Stuck sold 2,524 shares at ~$167.08 (≈$422k); his ownership fell ~52%, a large proportional reduction. SEC Filing – Stuck
• Negative Sentiment: SVP Kuuhaku T. Park sold 2,000 shares at ~$169.79 (≈$340k); a ~12.9% cut to his holdings. SEC Filing – Park
• Negative Sentiment: SVP Leonard P. Isotoff sold 1,500 shares at ~$165.32 (≈$248k); his stake fell ~16.2%. SEC Filing – Isotoff
• Negative Sentiment: SVP Laura L. Rascon sold 1,000 shares at ~$169.34 (≈$169k); a ~5% reduction in her holding. SEC Filing – Rascon
• Negative Sentiment: Seeking Alpha published a cautionary piece arguing Matson’s high valuation could be a headwind; such commentary can amplify selling pressure among valuation-sensitive investors. Matson: Its High Valuation May Become A Pothole Along The Way

Institutional Investors Weigh In On Matson

Hedge funds and other institutional investors have recently bought and sold shares of the business. EverSource Wealth Advisors LLC raised its holdings in Matson by 57.3% in the fourth quarter. EverSource Wealth Advisors LLC now owns 258 shares of the shipping company’s stock valued at $32,000 after acquiring an additional 94 shares in the last quarter. Hantz Financial Services Inc. lifted its position in shares of Matson by 67.1% during the second quarter. Hantz Financial Services Inc. now owns 254 shares of the shipping company’s stock worth $28,000 after purchasing an additional 102 shares during the last quarter. Linden Thomas Advisory Services LLC lifted its position in shares of Matson by 0.4% during the fourth quarter. Linden Thomas Advisory Services LLC now owns 29,456 shares of the shipping company’s stock worth $3,639,000 after purchasing an additional 109 shares during the last quarter. Verdence Capital Advisors LLC raised its stake in Matson by 3.3% during the third quarter. Verdence Capital Advisors LLC now owns 3,611 shares of the shipping company’s stock valued at $354,000 after buying an additional 116 shares in the last quarter. Finally, Parkside Financial Bank & Trust lifted its holdings in Matson by 19.1% during the 2nd quarter. Parkside Financial Bank & Trust now owns 749 shares of the shipping company’s stock worth $83,000 after buying an additional 120 shares during the last quarter. 84.76% of the stock is currently owned by hedge funds and other institutional investors.

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.