Matson (NYSE:MATX) Cut to Hold at Zacks Research

Posted by Brian Himes on Oct 8th, 2026

Zacks Research downgraded shares of Matson (NYSE:MATX – Free Report) from a strong-buy rating to a hold rating in a report released on Monday,Zacks reports.

Other equities research analysts have also recently issued research reports about the stock. Weiss Ratings upgraded shares of Matson from a “hold (c)” rating to a “buy (b-)” rating in a research note on Thursday, August 6th. Wall Street Zen lowered shares of Matson from a “buy” rating to a “hold” rating in a research report on Saturday, August 22nd. JPMorgan Chase & Co. increased their price objective on shares of Matson from $230.00 to $270.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 4th. Stephens raised 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. Finally, Freedom Broker began coverage on shares of Matson in a research note on Wednesday, September 30th. They set a “buy” rating and a $260.00 target price on the stock. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $239.25.

Read Our Latest Report on Matson

Matson Stock Performance

NYSE:MATX opened at $222.54 on Monday. The stock has a 50-day simple moving average of $221.56 and a two-hundred day simple moving average of $198.91. Matson has a 52-week low of $86.97 and a 52-week high of $240.87. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.89 and a current ratio of 0.89. The firm has a market capitalization of $6.65 billion, a PE ratio of 14.88 and a beta of 1.30.

Matson (NYSE:MATX – Get Free Report) last posted 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 return on equity of 16.94% and a net margin of 13.41%.The firm had revenue of $969.40 million for the quarter, compared to the consensus estimate of $893.91 million. During the same quarter last year, the company earned $2.92 earnings per share. The business’s revenue for the quarter was up 16.7% compared to the same quarter last year. Analysts forecast that Matson will post 16.01 EPS for the current year.

Insiders Place Their Bets

In other news, EVP Peter T. Heilmann sold 5,000 shares of the business’s stock in a transaction 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 transaction, the executive vice president owned 20,506 shares of the company’s stock, valued at approximately $4,514,395.90. The trade was a 19.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Kuuhaku T. Park sold 1,000 shares of the company’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $208.49, for a total transaction of $208,490.00. Following the transaction, the senior vice president owned 9,984 shares of the company’s stock, valued at approximately $2,081,564.16. This represents a 9.10% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 12,462 shares of company stock worth $2,695,832 over the last ninety days. 2.51% of the stock is owned by company insiders.

Institutional Trading of Matson

A number of institutional investors and hedge funds have recently bought and sold shares of MATX. Allworth Financial LP bought a new position in shares of Matson during the 2nd quarter valued at about $28,000. Global Retirement Partners LLC bought a new stake in shares of Matson in the second quarter worth about $44,000. Public Employees Retirement System of Ohio purchased a new stake in shares of Matson in the second quarter worth about $55,000. Meeder Asset Management Inc. purchased a new stake in shares of Matson in the second quarter worth about $57,000. Finally, Nykredit A S bought a new position in Matson during the second quarter valued at approximately $142,000. 84.76% of the stock is currently owned by institutional investors.

Matson Company Profile

(Get Free Report)

Matson, Inc is a transportation and logistics company that provides ocean shipping and supply chain services. Through its Matson Navigation subsidiary, the company transports containers, vehicles, construction materials, food products and other cargo between the U.S. mainland and the noncontiguous markets of Hawaii, Alaska and Guam, as well as locations in the South Pacific and Micronesia.

Matson also operates ocean transportation services connecting the U.S. West Coast with China and Japan.