South Dakota Investment Council Reduces Holdings in Matador Resources Company $MTDR

Posted by Stanley Muller on Jul 30th, 2026

South Dakota Investment Council trimmed its holdings in shares of Matador Resources Company (NYSE:MTDR – Free Report) by 6.8% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 294,267 shares of the energy company’s stock after selling 21,563 shares during the quarter. South Dakota Investment Council’s holdings in Matador Resources were worth $18,592,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Altshuler Shaham Ltd boosted its stake in shares of Matador Resources by 36.7% during the 1st quarter. Altshuler Shaham Ltd now owns 748 shares of the energy company’s stock worth $47,000 after acquiring an additional 201 shares during the last quarter. Smith Group Asset Management LLC increased its stake in shares of Matador Resources by 78.2% in the 1st quarter. Smith Group Asset Management LLC now owns 12,571 shares of the energy company’s stock worth $794,000 after purchasing an additional 5,515 shares in the last quarter. Amundi purchased a new stake in shares of Matador Resources in the 1st quarter worth $486,000. EverSource Wealth Advisors LLC raised its holdings in Matador Resources by 37.1% in the 1st quarter. EverSource Wealth Advisors LLC now owns 3,172 shares of the energy company’s stock worth $200,000 after purchasing an additional 858 shares during the period. Finally, California State Teachers Retirement System lifted its position in Matador Resources by 19.4% during the first quarter. California State Teachers Retirement System now owns 133,468 shares of the energy company’s stock valued at $8,433,000 after purchasing an additional 21,651 shares in the last quarter. 91.98% of the stock is owned by hedge funds and other institutional investors.

Matador Resources Trading Up 6.0%

Shares of MTDR stock opened at $48.87 on Thursday. Matador Resources Company has a 52-week low of $37.14 and a 52-week high of $66.84. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.70 and a current ratio of 0.73. The firm has a market capitalization of $6.07 billion, a PE ratio of 12.56 and a beta of 0.74. The stock has a fifty day simple moving average of $52.30 and a two-hundred day simple moving average of $53.41.

Matador Resources (NYSE:MTDR – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The energy company reported $1.53 EPS for the quarter, beating analysts’ consensus estimates of $1.24 by $0.29. Matador Resources had a return on equity of 11.20% and a net margin of 14.41%.The business had revenue of $941.60 million for the quarter, compared to analysts’ expectations of $871.57 million. During the same period last year, the firm earned $1.99 earnings per share. The business’s quarterly revenue was down 33.8% on a year-over-year basis. On average, analysts predict that Matador Resources Company will post 6.86 EPS for the current fiscal year.

Matador Resources Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 10th will be given a dividend of $0.375 per share. The ex-dividend date is Monday, August 10th. This represents a $1.50 annualized dividend and a dividend yield of 3.1%. Matador Resources’s dividend payout ratio (DPR) is currently 38.56%.

Insider Activity at Matador Resources

In other Matador Resources news, CFO Christopher P. Calvert bought 1,500 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The shares were bought at an average price of $53.24 per share, with a total value of $79,860.00. Following the purchase, the chief financial officer owned 41,500 shares of the company’s stock, valued at $2,209,460. This trade represents a 3.75% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Joseph Wm Foran purchased 2,000 shares of the stock in a transaction that occurred on Tuesday, June 9th. The stock was acquired at an average cost of $53.07 per share, for a total transaction of $106,140.00. Following the completion of the acquisition, the chief executive officer owned 11,479 shares in the company, valued at $609,190.53. This represents a 21.10% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have acquired 11,907 shares of company stock valued at $635,712. 5.90% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Weiss Ratings lowered Matador Resources from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 12th. BMO Capital Markets raised their price objective on Matador Resources from $65.00 to $72.00 and gave the stock an “outperform” rating in a research note on Monday, April 6th. UBS Group lowered their price objective on Matador Resources from $56.00 to $54.00 and set a “neutral” rating on the stock in a research report on Monday. Truist Financial reduced their target price on shares of Matador Resources from $67.00 to $63.00 and set a “buy” rating for the company in a report on Thursday, July 16th. Finally, Citigroup decreased their target price on shares of Matador Resources from $72.00 to $68.00 and set a “buy” rating on the stock in a research note on Monday, July 20th. Twelve investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $66.00.

View Our Latest Stock Report on Matador Resources

About Matador Resources

(Free Report)

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.