Heartland Advisors Inc. Purchases 39,391 Shares of Matador Resources Company $MTDR

Heartland Advisors Inc. raised its holdings in Matador Resources Company (NYSE:MTDR) by 23.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 210,179 shares of the energy company’s stock after purchasing an additional 39,391 shares during the period. Heartland Advisors Inc.’s holdings in Matador Resources were worth $8,920,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in MTDR. Vanguard Group Inc. grew its holdings in Matador Resources by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 14,780,888 shares of the energy company’s stock valued at $664,105,000 after buying an additional 101,613 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Matador Resources by 4.2% during the 3rd quarter. Dimensional Fund Advisors LP now owns 6,411,520 shares of the energy company’s stock valued at $288,079,000 after purchasing an additional 259,299 shares during the last quarter. LSV Asset Management grew its position in Matador Resources by 8.8% during the fourth quarter. LSV Asset Management now owns 3,842,011 shares of the energy company’s stock valued at $163,055,000 after acquiring an additional 309,708 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Matador Resources by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 2,236,457 shares of the energy company’s stock valued at $94,942,000 after purchasing an additional 18,729 shares during the last quarter. Finally, Wellington Management Group LLP grew its stake in shares of Matador Resources by 6.7% during the third quarter. Wellington Management Group LLP now owns 2,064,037 shares of the energy company’s stock valued at $92,737,000 after buying an additional 129,863 shares during the last quarter. 91.98% of the stock is currently owned by hedge funds and other institutional investors.

Matador Resources Stock Performance

Shares of MTDR opened at $55.10 on Thursday. Matador Resources Company has a one year low of $37.14 and a one year high of $66.84. The firm has a market capitalization of $6.84 billion, a P/E ratio of 14.16 and a beta of 0.74. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.73 and a quick ratio of 0.70. The business has a fifty day moving average of $58.40 and a 200 day moving average of $51.30.

Matador Resources (NYSE:MTDR) last posted its quarterly earnings data on Wednesday, May 6th. The energy company reported $1.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.24 by $0.29. Matador Resources had a net margin of 14.41% and a return on equity of 11.20%. The company had revenue of $941.60 million for the quarter, compared to the consensus estimate of $871.57 million. During the same quarter last year, the firm posted $1.99 earnings per share. The firm’s revenue was down 33.8% compared to the same quarter last year. As a group, sell-side analysts anticipate that Matador Resources Company will post 7.5 EPS for the current year.

Matador Resources Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 8th were given a $0.375 dividend. The ex-dividend date was Friday, May 8th. This represents a $1.50 dividend on an annualized basis and a yield of 2.7%. Matador Resources’s dividend payout ratio is presently 38.56%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on MTDR. KeyCorp raised their target price on shares of Matador Resources from $61.00 to $73.00 and gave the stock an “overweight” rating in a report on Thursday, April 2nd. TD Cowen upped their target price on Matador Resources from $60.00 to $65.00 and gave the stock a “buy” rating in a report on Tuesday, March 17th. Weiss Ratings lowered shares of Matador Resources from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 12th. Truist Financial raised Matador Resources from a “hold” rating to a “buy” rating and raised their price objective for the company from $60.00 to $67.00 in a research report on Tuesday, May 12th. Finally, Morgan Stanley raised their price objective on shares of Matador Resources from $73.00 to $75.00 and gave the company an “equal weight” rating in a research note on Friday, May 22nd. Ten investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $65.08.

Insider Buying and Selling

In other Matador Resources news, CEO Joseph Wm Foran purchased 2,000 shares of the firm’s stock in a transaction on Thursday, June 4th. The shares were acquired at an average cost of $56.25 per share, with a total value of $112,500.00. Following the completion of the acquisition, the chief executive officer directly owned 9,479 shares in the company, valued at $533,193.75. The trade was a 26.74% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, COO Glenn W. Stetson bought 500 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The shares were acquired at an average cost of $53.94 per share, for a total transaction of $26,970.00. Following the purchase, the chief operating officer directly owned 94,970 shares in the company, valued at $5,122,681.80. This trade represents a 0.53% increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders bought 9,407 shares of company stock valued at $502,867. 5.90% of the stock is owned by corporate insiders.

Matador Resources News Roundup

Here are the key news stories impacting Matador Resources this week:

• Positive Sentiment: Zacks Research raised near- and medium-term earnings forecasts for Matador Resources, including higher EPS estimates for Q3 2026, Q4 2026, Q1 2027, Q2 2027, FY2026, FY2027, and FY2028. Higher earnings expectations can support the stock if investors believe the company’s profitability outlook is improving.
• Positive Sentiment: CEO Joseph Wm. Foran bought additional shares of Matador Resources, following earlier purchases in late May. Insider buying is often viewed as a confidence signal that management believes the stock has upside.
• Neutral Sentiment: Despite the upgraded estimates, Zacks kept a Hold rating on MTDR, suggesting analysts still see limited near-term conviction even with better earnings projections.
• Neutral Sentiment: Matador recently reported strong first-quarter results, beating EPS and revenue expectations, but revenue still declined sharply year over year, which keeps some caution around the energy cycle and production trends.
• Negative Sentiment: The stock still trades below its 50-day moving average, indicating some lingering technical pressure even after the recent rebound.

About Matador Resources

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.