Matson (NYSE:MATX) Releases Q2 2026 Earnings Guidance

Matson (NYSE:MATX) issued an update on its second quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 4.120-4.300 for the period, compared to the consensus estimate of 3.690. The company issued revenue guidance of -.

Matson Trading Down 1.0%

Shares of NYSE:MATX traded down $2.15 during trading on Wednesday, hitting $208.80. The company had a trading volume of 316,228 shares, compared to its average volume of 286,733. The stock has a market cap of $6.32 billion, a price-to-earnings ratio of 15.34 and a beta of 1.28. Matson has a one year low of $86.97 and a one year high of $213.62. The company has a fifty day simple moving average of $191.59 and a two-hundred day simple moving average of $169.60. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.82 and a quick ratio of 0.82.

Matson (NYSE:MATX) last released its earnings results on Monday, May 4th. The shipping company reported $1.85 earnings per share for the quarter, beating the consensus estimate of $1.65 by $0.20. The firm had revenue of $757.80 million for the quarter, compared to the consensus estimate of $777.55 million. Matson had a return on equity of 15.90% and a net margin of 12.92%.The company’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.18 EPS. As a group, equities analysts forecast that Matson will post 13.96 earnings per share for the current year.

Matson Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 6th will be paid a $0.38 dividend. This is an increase from Matson’s previous quarterly dividend of $0.36. This represents a $1.52 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, August 6th. Matson’s payout ratio is currently 11.17%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on MATX shares. JPMorgan Chase & Co. initiated coverage on shares of Matson in a research note on Monday, April 27th. They set an “overweight” rating and a $230.00 price target for the company. Zacks Research upgraded Matson to a “hold” rating in a research note on Wednesday, April 29th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Matson in a research report on Friday, May 29th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $181.25.

Insider Buying and Selling at Matson

In related news, SVP Laura L. Rascon sold 2,800 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $188.53, for a total value of $527,884.00. Following the completion of the sale, the senior vice president owned 15,656 shares in the company, valued at approximately $2,951,625.68. The trade was a 15.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Kuuhaku T. Park sold 2,500 shares of the stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $180.19, for a total value of $450,475.00. Following the completion of the transaction, the senior vice president directly owned 10,984 shares in the company, valued at approximately $1,979,206.96. This trade represents a 18.54% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 23,963 shares of company stock valued at $4,349,268. 2.51% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Matson

Several hedge funds have recently made changes to their positions in MATX. Dimensional Fund Advisors LP increased its stake in shares of Matson by 1.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,982,793 shares of the shipping company’s stock valued at $244,975,000 after buying an additional 21,463 shares during the period. Ameriprise Financial Inc. lifted its stake in Matson by 27.9% in the second quarter. Ameriprise Financial Inc. now owns 590,763 shares of the shipping company’s stock worth $65,770,000 after acquiring an additional 128,994 shares during the period. Millennium Management LLC lifted its stake in Matson by 144.9% in the third quarter. Millennium Management LLC now owns 455,133 shares of the shipping company’s stock worth $44,872,000 after acquiring an additional 269,310 shares during the period. Morgan Stanley grew its holdings in Matson by 1.3% during the 4th quarter. Morgan Stanley now owns 430,292 shares of the shipping company’s stock worth $53,163,000 after acquiring an additional 5,709 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in Matson by 4.9% during the 4th quarter. Bank of New York Mellon Corp now owns 269,691 shares of the shipping company’s stock worth $33,320,000 after acquiring an additional 12,654 shares in 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.