Northwestern Mutual Wealth Management Co. Takes $1.16 Million Position in Matador Resources Company $MTDR

Posted by Brenda Bartman on Aug 26th, 2026

Northwestern Mutual Wealth Management Co. acquired a new position in shares of Matador Resources Company (NYSE:MTDR – Free Report) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 23,307 shares of the energy company’s stock, valued at approximately $1,160,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Great Lakes Advisors LLC acquired a new stake in Matador Resources during the second quarter worth about $605,000. Morningstar Investment Management LLC purchased a new position in shares of Matador Resources in the 1st quarter worth about $2,630,000. Peterson Wealth Services lifted its stake in shares of Matador Resources by 333.7% in the 4th quarter. Peterson Wealth Services now owns 51,356 shares of the energy company’s stock valued at $2,180,000 after purchasing an additional 39,516 shares in the last quarter. Quantbot Technologies LP acquired a new position in shares of Matador Resources in the 2nd quarter valued at about $3,682,000. Finally, Thrivent Financial for Lutherans lifted its stake in shares of Matador Resources by 2.1% in the 4th quarter. Thrivent Financial for Lutherans now owns 1,054,232 shares of the energy company’s stock valued at $44,742,000 after purchasing an additional 21,630 shares in the last quarter. 91.98% of the stock is currently owned by institutional investors and hedge funds.

Matador Resources Stock Performance

Shares of NYSE:MTDR opened at $55.62 on Wednesday. The company has a market cap of $6.88 billion, a P/E ratio of 9.54 and a beta of 0.76. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.62 and a current ratio of 0.65. Matador Resources Company has a one year low of $37.14 and a one year high of $66.84. The business’s 50-day simple moving average is $51.67 and its 200 day simple moving average is $54.66.

Matador Resources (NYSE:MTDR – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The energy company reported $2.61 EPS for the quarter, topping the consensus estimate of $2.08 by $0.53. Matador Resources had a return on equity of 13.18% and a net margin of 19.85%.The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same period in the previous year, the company posted $1.53 EPS. Matador Resources’s revenue for the quarter was up 32.5% on a year-over-year basis. On average, sell-side analysts forecast that Matador Resources Company will post 7.26 earnings per share for the current fiscal year.

Matador Resources Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 10th will be given a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Monday, August 10th. Matador Resources’s payout ratio is presently 25.73%.

Insider Activity

In other news, CFO Christopher P. Calvert acquired 1,500 shares of the business’s stock in a transaction on Friday, May 29th. The shares were purchased at an average price of $53.24 per share, for a total transaction of $79,860.00. Following the acquisition, the chief financial officer directly owned 41,500 shares of the company’s stock, valued at $2,209,460. This represents a 3.75% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP William Thomas Elsener acquired 850 shares of the business’s stock in a transaction on Monday, August 10th. The stock was purchased at an average price of $50.94 per share, for a total transaction of $43,299.00. Following the acquisition, the executive vice president directly owned 114,879 shares in the company, valued at $5,851,936.26. This represents a 0.75% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired a total of 27,321 shares of company stock valued at $1,430,880 over the last ninety days. 5.90% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms recently commented on MTDR. Citigroup cut their price target on shares of Matador Resources from $68.00 to $60.00 and set a “buy” rating on the stock in a report on Tuesday, August 11th. KeyCorp decreased their price objective on shares of Matador Resources from $73.00 to $68.00 and set an “overweight” rating for the company in a research note on Thursday, August 13th. Wells Fargo & Company increased their price objective on shares of Matador Resources from $63.00 to $79.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 13th. Morgan Stanley cut their target price on shares of Matador Resources from $75.00 to $66.00 and set an “equal weight” rating on the stock in a research note on Monday, June 29th. Finally, Zacks Research downgraded shares of Matador Resources from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 25th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Matador Resources has an average rating of “Moderate Buy” and an average price target of $66.07.

View Our Latest Stock Analysis on MTDR

Matador Resources Company Profile

(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.