Sidoti Weighs in on Mativ’s Q1 Earnings (NYSE:MATV)

Mativ Holdings, Inc. (NYSE:MATV) – Sidoti increased their Q1 2027 EPS estimates for Mativ in a research note issued on Monday, May 11th. Sidoti analyst D. Harriman now forecasts that the company will post earnings per share of $0.14 for the quarter, up from their prior estimate of $0.05. The consensus estimate for Mativ’s current full-year earnings is $0.85 per share.

Mativ (NYSE:MATV) last posted its earnings results on Wednesday, May 6th. The company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.04. Mativ had a net margin of 3.86% and a return on equity of 11.77%. The firm had revenue of $479.60 million during the quarter, compared to analyst estimates of $486.90 million.

Separately, Weiss Ratings upgraded Mativ from a “sell (d-)” rating to a “sell (d+)” rating in a research report on Monday. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce”.

Mativ Stock Down 1.9%

Shares of MATV opened at $8.59 on Wednesday. The company has a market cap of $473.21 million, a PE ratio of 6.41 and a beta of 0.89. The business has a fifty day moving average of $9.07 and a 200 day moving average of $11.27. Mativ has a 52-week low of $5.46 and a 52-week high of $15.48. The company has a quick ratio of 1.12, a current ratio of 2.26 and a debt-to-equity ratio of 2.22.

Institutional Trading of Mativ

A number of large investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP boosted its stake in shares of Mativ by 6.8% during the first quarter. Dimensional Fund Advisors LP now owns 2,317,550 shares of the company’s stock valued at $20,162,000 after purchasing an additional 147,577 shares during the period. Allspring Global Investments Holdings LLC boosted its stake in shares of Mativ by 3.5% during the first quarter. Allspring Global Investments Holdings LLC now owns 4,089,594 shares of the company’s stock valued at $35,661,000 after purchasing an additional 138,938 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of Mativ by 0.3% during the first quarter. Bank of New York Mellon Corp now owns 491,368 shares of the company’s stock valued at $4,275,000 after purchasing an additional 1,311 shares during the period. Barnett & Company Inc. boosted its stake in shares of Mativ by 11.9% during the first quarter. Barnett & Company Inc. now owns 245,377 shares of the company’s stock valued at $2,135,000 after purchasing an additional 26,066 shares during the period. Finally, Strs Ohio boosted its stake in shares of Mativ by 357.0% during the first quarter. Strs Ohio now owns 69,000 shares of the company’s stock valued at $600,000 after purchasing an additional 53,900 shares during the period. 94.95% of the stock is owned by hedge funds and other institutional investors.

Mativ Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Friday, May 29th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend is Friday, May 29th. Mativ’s payout ratio is currently 29.85%.

Mativ Company Profile

Mativ is a global supplier of specialty fiber-based materials and engineered solutions, established in April 2021 through the spin-off of Ahlstrom-Munksjö’s global filtration and engineered materials business. Trading on the New York Stock Exchange under the ticker MATV, the company focuses on designing and manufacturing high-performance products for a broad range of end markets, including life sciences, energy storage, industrial filtration, and consumer products.

Through its Advanced Solutions segment, Mativ produces innovative materials such as lithium-ion battery separators, specialty release liners, and pressure-sensitive adhesive tapes.