EverSource Wealth Advisors LLC Boosts Stock Position in MP Materials Corp. $MP

Posted by Lauren Steadman on Aug 14th, 2026

EverSource Wealth Advisors LLC grew its position in MP Materials Corp. (NYSE:MP – Free Report) by 1,679.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 41,561 shares of the company’s stock after purchasing an additional 39,225 shares during the period. EverSource Wealth Advisors LLC’s holdings in MP Materials were worth $2,328,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Costello Asset Management INC increased its holdings in MP Materials by 15.0% in the 4th quarter. Costello Asset Management INC now owns 1,300 shares of the company’s stock worth $66,000 after buying an additional 170 shares during the period. Composition Wealth LLC lifted its stake in MP Materials by 0.9% during the 4th quarter. Composition Wealth LLC now owns 18,334 shares of the company’s stock valued at $926,000 after acquiring an additional 172 shares during the period. ARS Investment Partners LLC boosted its holdings in shares of MP Materials by 1.0% in the 4th quarter. ARS Investment Partners LLC now owns 19,980 shares of the company’s stock valued at $1,009,000 after acquiring an additional 200 shares during the last quarter. Cresset Asset Management LLC boosted its holdings in shares of MP Materials by 1.0% in the 2nd quarter. Cresset Asset Management LLC now owns 21,444 shares of the company’s stock valued at $713,000 after acquiring an additional 204 shares during the last quarter. Finally, Kestra Private Wealth Services LLC increased its stake in shares of MP Materials by 1.8% in the fourth quarter. Kestra Private Wealth Services LLC now owns 12,232 shares of the company’s stock worth $618,000 after acquiring an additional 212 shares during the period. Institutional investors and hedge funds own 52.55% of the company’s stock.

MP Materials Stock Performance

NYSE MP opened at $55.67 on Friday. The company has a current ratio of 9.51, a quick ratio of 8.56 and a debt-to-equity ratio of 0.48. MP Materials Corp. has a twelve month low of $37.81 and a twelve month high of $100.25. The stock has a 50-day moving average of $51.63 and a 200 day moving average of $57.09. The stock has a market capitalization of $9.91 billion, a price-to-earnings ratio of -163.72 and a beta of 1.88.

MP Materials (NYSE:MP – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported ($0.01) EPS for the quarter, meeting analysts’ consensus estimates of ($0.01). MP Materials had a negative return on equity of 1.21% and a negative net margin of 19.85%.The business had revenue of $108.49 million during the quarter, compared to analysts’ expectations of $96.89 million. During the same period in the previous year, the business earned ($0.13) earnings per share. The business’s revenue was up 89.0% compared to the same quarter last year. Sell-side analysts anticipate that MP Materials Corp. will post -0.03 EPS for the current fiscal year.

Trending Headlines about MP Materials

Here are the key news stories impacting MP Materials this week:

Positive Sentiment: Strong Q2 growth: MP reported second-quarter revenue of $108.49 million, an 89% year-over-year increase, while its net loss narrowed and NdPr rare-earth output improved. The results helped drive a recent rally despite the company missing some earnings expectations. MP Gains 15% Despite Q2 Earnings Miss: How to Play the Stock?
Positive Sentiment: Magnet and supply-chain expansion: New supply activity with major customers and MP’s efforts to build a U.S. mine-to-magnet business strengthen its strategic importance as the country seeks to reduce dependence on China for rare earths. How the U.S. Is Trying to Copy China’s Supply Chain Playbook
Positive Sentiment: Favorable long-term theme: Analysts and market commentary continue to frame MP as a way to invest in technology infrastructure and domestic critical-mineral capacity, supporting the company’s long-term investment narrative. SpaceX vs. MP Materials: 2 Very Different Ways to Bet on the Next Decade of Tech
Neutral Sentiment: MP’s presentation at Canaccord Genuity’s growth conference provides additional visibility into its strategy and outlook, but the available report does not identify a new financial catalyst. MP Materials Corp. Presents at Canaccord Genuity’s Growth Conference
Negative Sentiment: Profitability and valuation risks: MP remains loss-making, faces high operating costs and has seen estimates reduced. Commentary also warns that the stock trades at a premium valuation, leaving it vulnerable if production growth or magnet commercialization falls short. Is MP Materials Undervalued Following Q2 Revenue Growth and New Magnet Supply Deals?

Wall Street Analysts Forecast Growth

MP has been the subject of several recent research reports. JPMorgan Chase & Co. reduced their target price on shares of MP Materials from $75.00 to $60.00 and set an “overweight” rating for the company in a report on Wednesday, July 29th. DA Davidson reaffirmed a “buy” rating and set a $82.00 price target on shares of MP Materials in a research report on Friday, June 5th. Citigroup reiterated a “positive” rating on shares of MP Materials in a research note on Wednesday, July 15th. Barclays lowered their target price on MP Materials from $69.00 to $65.00 and set an “overweight” rating on the stock in a research note on Thursday, July 16th. Finally, Canaccord Genuity Group set a $82.00 target price on MP Materials in a report on Friday, May 8th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $78.21.

Check Out Our Latest Analysis on MP Materials

Insiders Place Their Bets

In other news, CEO James H. Litinsky sold 234,651 shares of MP Materials stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $65.87, for a total value of $15,456,461.37. Following the sale, the chief executive officer owned 11,855,965 shares in the company, valued at $780,952,414.55. This trade represents a 1.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Michael Stuart Rosenthal purchased 17,000 shares of MP Materials stock in a transaction that occurred on Wednesday, May 20th. The shares were bought at an average price of $56.62 per share, with a total value of $962,540.00. Following the transaction, the chief operating officer owned 1,333,673 shares in the company, valued at approximately $75,512,565.26. The trade was a 1.29% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have sold 585,167 shares of company stock valued at $39,028,272 over the last 90 days. 8.20% of the stock is currently owned by company insiders.

MP Materials Profile

(Free Report)

MP Materials Corporation operates as a vertically integrated producer of rare earth materials in North America. The company owns and manages the Mountain Pass Rare Earth Mine and Processing Facility in California, the only commercially viable rare earth mining and processing site in the United States. MP Materials extracts, separates and refines critical rare earth elements—such as neodymium, praseodymium, and cerium—which are essential inputs for permanent magnets used in electric vehicles, wind turbines, and various defense applications.

The Mountain Pass mine first began commercial rare earth production in the 1950s and was later operated by Molycorp until its bankruptcy in 2015.