M-tron Industries (NYSEAMERICAN:MPTI) Upgraded at Zacks Research

M-tron Industries (NYSEAMERICAN:MPTI) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Separately, Freedom Capital downgraded M-tron Industries from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, M-tron Industries has an average rating of “Moderate Buy”.

M-tron Industries Stock Down 4.8%

Shares of NYSEAMERICAN:MPTI opened at $86.57 on Monday. M-tron Industries has a 12-month low of $38.41 and a 12-month high of $104.85. The business has a 50 day moving average of $86.07 and a 200-day moving average of $71.07. The stock has a market cap of $373.98 million, a PE ratio of 30.70, a P/E/G ratio of 1.61 and a beta of 0.71.

M-tron Industries (NYSEAMERICAN:MPTI) last announced its earnings results on Friday, May 8th. The company reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. The company had revenue of $14.69 million for the quarter, compared to analyst estimates of $14.36 million. M-tron Industries had a return on equity of 17.69% and a net margin of 16.33%. Equities research analysts expect that M-tron Industries will post 2.26 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO Cameron Pforr sold 840 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $66.78, for a total transaction of $56,095.20. Following the completion of the transaction, the chief executive officer directly owned 26,806 shares in the company, valued at $1,790,104.68. This represents a 3.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 1,507 shares of company stock worth $100,637 over the last three months. 5.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On M-tron Industries

Several hedge funds have recently added to or reduced their stakes in the business. First Trust Advisors LP lifted its holdings in shares of M-tron Industries by 2.7% during the fourth quarter. First Trust Advisors LP now owns 8,244 shares of the company’s stock worth $439,000 after purchasing an additional 216 shares during the period. Barclays PLC increased its holdings in M-tron Industries by 7.1% in the fourth quarter. Barclays PLC now owns 3,830 shares of the company’s stock valued at $204,000 after purchasing an additional 254 shares during the period. State of Alaska Department of Revenue bought a new position in M-tron Industries during the 4th quarter worth $26,000. Goldman Sachs Group Inc. raised its position in M-tron Industries by 7.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,761 shares of the company’s stock worth $435,000 after purchasing an additional 689 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its holdings in M-tron Industries by 43.9% during the 4th quarter. Wells Fargo & Company MN now owns 2,847 shares of the company’s stock worth $152,000 after buying an additional 869 shares during the period. 23.31% of the stock is currently owned by institutional investors and hedge funds.

About M-tron Industries

M-tron Industries, Inc (NYSE American: MPTI) is a designer and manufacturer of high?performance electromechanical motion control and power transmission systems. The company specializes in the development of precision motors, digital servo controllers, and rotary electrical interfaces that enable smooth, reliable operation in demanding environments. Its core offerings include frameless torque motors, brushless DC motors, multi?circuit slip ring assemblies, and custom motor/controller packages tailored to specific customer requirements.

These products serve a diverse array of end markets, including defense and aerospace, industrial automation, robotics, medical imaging, and energy generation.