132,082 Shares in Matson, Inc. $MATX Acquired by William Blair Investment Management LLC

Posted by Francis Steltz on Aug 23rd, 2026

William Blair Investment Management LLC acquired a new stake in Matson, Inc. (NYSE:MATX – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 132,082 shares of the shipping company’s stock, valued at approximately $25,390,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Allworth Financial LP bought a new position in shares of Matson in the second quarter worth approximately $28,000. Danske Bank A S bought a new stake in Matson during the 4th quarter valued at $25,000. Global Retirement Partners LLC purchased a new stake in Matson during the 2nd quarter valued at $44,000. SouthState Bank Corp purchased a new stake in Matson during the 4th quarter valued at $31,000. Finally, Headlands Technologies LLC purchased a new stake in Matson during the 2nd quarter valued at $28,000. Hedge funds and other institutional investors own 84.76% of the company’s stock.

Matson Stock Performance

NYSE:MATX opened at $223.14 on Friday. The stock has a market cap of $6.67 billion, a P/E ratio of 14.92 and a beta of 1.27. The firm’s fifty day simple moving average is $206.47 and its 200 day simple moving average is $183.63. Matson, Inc. has a twelve month low of $86.97 and a twelve month high of $230.74. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.11.

Matson (NYSE:MATX – Get Free Report) last issued its quarterly earnings data on Monday, August 3rd. The shipping company reported $4.27 EPS for the quarter, topping the consensus estimate of $3.79 by $0.48. Matson had a net margin of 13.41% and a return on equity of 16.94%. The business had revenue of $969.40 million during the quarter, compared to analyst estimates of $893.91 million. During the same period in the prior year, the business earned $2.92 EPS. The company’s revenue for the quarter was up 16.7% on a year-over-year basis. As a group, research analysts predict that Matson, Inc. will post 16.01 EPS for the current year.

Matson Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 6th will be paid a $0.38 dividend. The ex-dividend date of this dividend is Thursday, August 6th. This is an increase from Matson’s previous quarterly dividend of $0.36. This represents a $1.52 dividend on an annualized basis and a yield of 0.7%. Matson’s payout ratio is currently 10.16%.

Analysts Set New Price Targets

A number of research firms have issued reports on MATX. Stephens boosted their price objective on shares of Matson from $240.00 to $260.00 and gave the company an “overweight” rating in a research report on Tuesday, August 4th. Weiss Ratings upgraded shares of Matson from a “hold (c)” rating to a “buy (b-)” rating in a report on Thursday, August 6th. JPMorgan Chase & Co. increased their target price on shares of Matson from $230.00 to $270.00 and gave the stock an “overweight” rating in a report on Tuesday, August 4th. Wall Street Zen cut Matson from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Zacks Research upgraded Matson from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $232.33.

Read Our Latest Analysis on Matson

Insider Buying and Selling

In other Matson news, SVP Grace M. Cerocke sold 1,200 shares of the firm’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $183.57, for a total value of $220,284.00. Following the completion of the sale, the senior vice president directly owned 17,986 shares in the company, valued at $3,301,690.02. This trade represents a 6.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Peter T. Heilmann sold 5,000 shares of Matson stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $220.15, for a total value of $1,100,750.00. Following the sale, the executive vice president directly owned 20,506 shares in the company, valued at approximately $4,514,395.90. The trade was a 19.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 14,169 shares of company stock valued at $2,933,211 over the last quarter. 2.51% of the stock is currently owned by insiders.

Matson Company Profile

(Free Report)

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.