Matson (NYSE:MATX) SVP Sells $527,884.00 in Stock

Posted by Geri Gentry on Jun 12th, 2026

Matson, Inc. (NYSE:MATX – Get Free Report) SVP Laura Rascon sold 2,800 shares of Matson stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $188.53, for a total value of $527,884.00. Following the completion of the transaction, the senior vice president directly owned 15,656 shares in the company, valued at approximately $2,951,625.68. This represents a 15.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Matson Stock Performance

Shares of NYSE MATX opened at $199.68 on Friday. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.11. The business’s 50 day moving average is $179.23 and its two-hundred day moving average is $156.34. The company has a market cap of $6.04 billion, a P/E ratio of 14.67 and a beta of 1.29. Matson, Inc. has a 12 month low of $86.97 and a 12 month high of $200.85.

Matson (NYSE:MATX – Get Free Report) last issued its quarterly earnings results on Monday, May 4th. The shipping company reported $1.85 EPS for the quarter, topping the consensus estimate of $1.65 by $0.20. The company had revenue of $757.80 million for the quarter, compared to the consensus estimate of $777.55 million. Matson had a return on equity of 15.90% and a net margin of 12.92%.The company’s revenue for the quarter was down 3.1% on a year-over-year basis. During the same period in the previous year, the business posted $2.18 EPS. On average, equities analysts expect that Matson, Inc. will post 13.96 EPS for the current year.

Matson Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, May 7th were given a dividend of $0.36 per share. The ex-dividend date was Thursday, May 7th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 0.7%. Matson’s payout ratio is currently 10.58%.

Institutional Trading of Matson

A number of large investors have recently bought and sold shares of MATX. Royal Bank of Canada grew its position in Matson by 8.3% in the first quarter. Royal Bank of Canada now owns 41,346 shares of the shipping company’s stock valued at $5,300,000 after acquiring an additional 3,155 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Matson by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,511 shares of the shipping company’s stock valued at $2,501,000 after acquiring an additional 863 shares during the period. Millennium Management LLC grew its position in Matson by 7.1% in the first quarter. Millennium Management LLC now owns 102,629 shares of the shipping company’s stock valued at $13,154,000 after acquiring an additional 6,778 shares during the period. NewEdge Advisors LLC bought a new stake in Matson in the first quarter valued at $78,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Matson by 11.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 24,459 shares of the shipping company’s stock valued at $3,135,000 after acquiring an additional 2,492 shares during the period. 84.76% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Weiss Ratings restated a “hold (c)” rating on shares of Matson in a research report on Friday, May 29th. Wall Street Zen cut Matson from a “buy” rating to a “hold” rating in a research report on Sunday, March 15th. JPMorgan Chase & Co. assumed coverage on Matson in a research report on Monday, April 27th. They set an “overweight” rating and a $230.00 price objective on the stock. Finally, Zacks Research upgraded Matson to a “hold” rating in a research report on Wednesday, April 29th. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $181.25.

Read Our Latest Report on MATX

Matson Company Profile

(Get 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.