Concorde Asset Management LLC Makes New Investment in M-tron Industries, Inc. $MPTI

Concorde Asset Management LLC bought a new position in M-tron Industries, Inc. (NYSEAMERICAN:MPTI) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 9,822 shares of the company’s stock, valued at approximately $974,000. M-tron Industries makes up approximately 0.6% of Concorde Asset Management LLC’s investment portfolio, making the stock its 24th largest position. Concorde Asset Management LLC owned 0.23% of M-tron Industries at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Legal & General Group Plc bought a new position in M-tron Industries in the 2nd quarter worth approximately $40,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in M-tron Industries during the 3rd quarter valued at $63,000. Quantbot Technologies LP bought a new stake in M-tron Industries during the 2nd quarter valued at $144,000. Los Angeles Capital Management LLC purchased a new stake in shares of M-tron Industries during the fourth quarter worth $89,000. Finally, Deutsche Bank AG lifted its position in shares of M-tron Industries by 2,341.4% during the fourth quarter. Deutsche Bank AG now owns 1,709 shares of the company’s stock worth $91,000 after acquiring an additional 1,639 shares in the last quarter. Institutional investors own 23.31% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on MPTI shares. Zacks Research upgraded M-tron Industries from a “strong sell” rating to a “hold” rating in a research report on Monday, July 6th. Freedom Capital cut M-tron Industries from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

M-tron Industries Price Performance

MPTI opened at $78.25 on Friday. The firm has a market capitalization of $340.39 million, a P/E ratio of 28.77, a price-to-earnings-growth ratio of 1.46 and a beta of 0.77. M-tron Industries, Inc. has a one year low of $43.46 and a one year high of $104.85. The company has a fifty day moving average price of $85.91 and a 200-day moving average price of $77.31.

M-tron Industries (NYSEAMERICAN:MPTI) last posted its quarterly earnings data on Wednesday, August 12th. The company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.10). M-tron Industries had a net margin of 16.35% and a return on equity of 13.03%. The business had revenue of $15.11 million for the quarter, compared to the consensus estimate of $14.75 million. On average, analysts expect that M-tron Industries, Inc. will post 2.17 earnings per share for the current 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.