Ceredex Value Advisors LLC Buys New Position in Matador Resources Company $MTDR

Ceredex Value Advisors LLC purchased a new position in shares of Matador Resources Company (NYSE:MTDR) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 189,000 shares of the energy company’s stock, valued at approximately $9,408,000. Ceredex Value Advisors LLC owned approximately 0.15% of Matador Resources at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. BlackRock Inc. acquired a new position in Matador Resources in the second quarter valued at $573,936,000. Dimensional Fund Advisors LP grew its holdings in Matador Resources by 4.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 6,948,104 shares of the energy company’s stock valued at $439,010,000 after buying an additional 277,839 shares during the period. State Street Corp grew its holdings in Matador Resources by 1.9% in the 4th quarter. State Street Corp now owns 4,617,864 shares of the energy company’s stock valued at $195,982,000 after buying an additional 86,344 shares during the period. LSV Asset Management increased its stake in shares of Matador Resources by 8.8% during the 4th quarter. LSV Asset Management now owns 3,842,011 shares of the energy company’s stock valued at $163,055,000 after acquiring an additional 309,708 shares during the last quarter. Finally, Wellington Management Group LLP increased its stake in shares of Matador Resources by 65.0% during 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 acquiring an additional 1,342,145 shares during the last quarter. 91.98% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, COO Glenn W. Stetson bought 500 shares of the stock in a transaction on Tuesday, June 9th. The shares were purchased at an average price of $53.41 per share, with a total value of $26,705.00. Following the purchase, the chief operating officer owned 95,470 shares in the company, valued at approximately $5,099,052.70. This represents a 0.53% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Joseph Wm Foran bought 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 12th. The shares were purchased at an average cost of $52.16 per share, for a total transaction of $521,600.00. Following the acquisition, the chief executive officer owned 25,617 shares of the company’s stock, valued at $1,336,182.72. This represents a 64.03% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders acquired 31,996 shares of company stock valued at $1,675,663. 5.90% of the stock is owned by corporate insiders.

Trending Headlines about Matador Resources

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.

Analyst Ratings Changes

MTDR has been the topic of several research analyst reports. Mizuho raised Matador Resources to a “strong-buy” rating in a research note on Friday, July 31st. Truist Financial dropped their target price on shares of Matador Resources from $63.00 to $59.00 and set a “buy” rating for the company in a research report on Monday, August 10th. Stephens raised their price target on shares of Matador Resources from $92.00 to $93.00 and gave the company an “overweight” rating in a report on Tuesday, July 28th. KeyCorp reduced their price target on shares of Matador Resources from $73.00 to $68.00 and set an “overweight” rating on the stock in a research report on Thursday, August 13th. Finally, UBS Group boosted their price objective on shares of Matador Resources from $54.00 to $56.00 and gave the stock a “neutral” rating in a research note on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $66.07.

Matador Resources Trading Up 0.2%

Shares of NYSE MTDR opened at $58.51 on Friday. The stock’s 50 day moving average price is $51.46 and its two-hundred day moving average price is $54.43. Matador Resources Company has a 52-week low of $37.14 and a 52-week high of $66.84. The stock has a market capitalization of $7.24 billion, a P/E ratio of 10.04 and a beta of 0.76. The company has a quick ratio of 0.62, a current ratio of 0.65 and a debt-to-equity ratio of 0.67.

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

Matador Resources Dividend Announcement

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

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.