Heartland Advisors Inc. Buys Shares of 134,318 Matador Resources Company $MTDR

Heartland Advisors Inc. purchased a new stake in shares of Matador Resources Company (NYSE:MTDR) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 134,318 shares of the energy company’s stock, valued at approximately $6,686,000. Heartland Advisors Inc. owned about 0.11% of Matador Resources at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Kestra Investment Management LLC lifted its holdings in shares of Matador Resources by 225.2% in the 2nd quarter. Kestra Investment Management LLC now owns 517 shares of the energy company’s stock worth $25,000 after acquiring an additional 358 shares during the last quarter. V Square Quantitative Management LLC acquired a new stake in Matador Resources in the 1st quarter valued at approximately $27,000. Measured Wealth Private Client Group LLC acquired a new stake in Matador Resources in the 3rd quarter valued at approximately $35,000. Center for Financial Planning Inc. purchased a new stake in Matador Resources in the first quarter valued at approximately $41,000. Finally, Gilpin Wealth Management LLC acquired a new position in Matador Resources during the fourth quarter worth $42,000. 91.98% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

MTDR has been the subject of several research analyst reports. Zacks Research lowered Matador Resources from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 25th. KeyCorp cut their price objective on Matador Resources from $73.00 to $68.00 and set an “overweight” rating on the stock in a report on Thursday, August 13th. Citigroup decreased their target price on Matador Resources from $68.00 to $60.00 and set a “buy” rating on the stock in a research note on Tuesday, August 11th. Wells Fargo & Company raised their target price on Matador Resources from $63.00 to $79.00 and gave the company an “equal weight” rating in a report on Thursday, August 13th. Finally, Wall Street Zen raised Matador Resources from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $66.07.

Insiders Place Their Bets

In other Matador Resources news, CFO Christopher P. Calvert purchased 1,500 shares of the firm’s stock in a transaction on Friday, May 29th. The stock was bought at an average cost of $53.24 per share, with a total value of $79,860.00. Following the acquisition, the chief financial officer directly owned 41,500 shares of the company’s stock, valued at approximately $2,209,460. This represents a 3.75% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Joseph Wm Foran acquired 5,000 shares of the stock in a transaction dated Thursday, August 13th. The shares were acquired at an average cost of $51.44 per share, with a total value of $257,200.00. Following the completion of the transaction, the chief executive officer owned 30,617 shares in the company, valued at approximately $1,574,938.48. This represents a 19.52% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have purchased 31,996 shares of company stock valued at $1,675,663 in the last three months. Corporate insiders own 5.90% of the company’s stock.

Matador Resources Trading Up 0.2%

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

Matador Resources (NYSE:MTDR) last announced its quarterly earnings data on Wednesday, August 5th. The energy company reported $2.61 earnings per share for the quarter, beating analysts’ consensus estimates of $2.08 by $0.53. The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.06 billion. Matador Resources had a net margin of 19.85% and a return on equity of 13.18%. The company’s revenue was up 32.5% on a year-over-year basis. During the same period last year, the business earned $1.53 EPS. As a group, research analysts expect that Matador Resources Company will post 7.26 EPS for the current fiscal year.

Matador Resources Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 10th will be paid a $0.375 dividend. The ex-dividend date is Monday, August 10th. This represents a $1.50 dividend on an annualized basis and a yield of 2.6%. Matador Resources’s dividend payout ratio (DPR) is currently 25.73%.

Key Matador Resources News

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.

Matador Resources Company 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.