Matson (NYSE:MATX) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Matson (NYSE:MATX) had its target price hoisted by JPMorgan Chase & Co. from $230.00 to $270.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage presently has an “overweight” rating on the shipping company’s stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 27.28% from the company’s current price.

Other equities analysts have also recently issued reports about the company. Stephens boosted their price target on Matson from $240.00 to $260.00 and gave the stock an “overweight” rating in a report on Tuesday. Zacks Research upgraded Matson to a “hold” rating in a research report on Wednesday, April 29th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Matson in a research note on Friday, May 29th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $232.33.

Matson Price Performance

MATX traded up $4.68 during midday trading on Tuesday, reaching $212.13. 526,725 shares of the company’s stock were exchanged, compared to its average volume of 290,901. Matson has a 1-year low of $86.97 and a 1-year high of $230.74. The stock has a market capitalization of $6.42 billion, a PE ratio of 15.65 and a beta of 1.27. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.82 and a quick ratio of 0.82. The business’s 50-day moving average price is $199.69 and its 200 day moving average price is $177.87.

Matson (NYSE:MATX) last released its quarterly earnings results on Monday, August 3rd. The shipping company reported $4.27 EPS for the quarter, beating the consensus estimate of $3.79 by $0.48. Matson had a net margin of 12.92% and a return on equity of 15.90%. The business had revenue of $969.40 million for the quarter, compared to analyst estimates of $893.91 million. During the same period in the prior year, the business earned $2.92 earnings per share. The company’s quarterly revenue was up 16.7% on a year-over-year basis. As a group, equities analysts anticipate that Matson will post 14.16 EPS for the current fiscal year.

Insider Buying and Selling at Matson

In other news, EVP Peter T. Heilmann sold 7,173 shares of the stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $180.19, for a total transaction of $1,292,502.87. Following the transaction, the executive vice president directly owned 25,506 shares in the company, valued at $4,595,926.14. This represents a 21.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP John Warren Sullivan sold 3,331 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $180.14, for a total transaction of $600,046.34. Following the completion of the sale, the senior vice president directly owned 9,547 shares in the company, valued at $1,719,796.58. This represents a 25.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 23,963 shares of company stock worth $4,349,268. 2.51% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in MATX. Danske Bank A S purchased a new position in shares of Matson in the 4th quarter worth about $25,000. Headlands Technologies LLC purchased a new position in Matson in the second quarter valued at approximately $28,000. Measured Wealth Private Client Group LLC acquired a new position in Matson during the third quarter valued at approximately $30,000. SouthState Bank Corp purchased a new stake in Matson during the fourth quarter worth approximately $31,000. Finally, EverSource Wealth Advisors LLC increased its position in shares of Matson by 57.3% in the fourth quarter. EverSource Wealth Advisors LLC now owns 258 shares of the shipping company’s stock worth $32,000 after acquiring an additional 94 shares in the last quarter. 84.76% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Matson

Here are the key news stories impacting Matson this week:

• Positive Sentiment: Quarterly earnings beat expectations: Matson reported diluted EPS of $4.27, up from $2.92 a year earlier and above analyst estimates near $3.79. Revenue rose 16.7% year over year to $969.4 million, exceeding consensus expectations. Matson Second Quarter 2026 Results and Outlook
• Positive Sentiment: Profitability improved sharply: Net income increased 36.6% to $129.4 million, operating income climbed 40.6% to $158.9 million, and EBITDA rose to $211.0 million from $163.6 million. Gross profit also increased 28.9% to $232.1 million. Matson Tops Second-Quarter Estimates
• Positive Sentiment: Full-year outlook raised: Management increased its 2026 guidance, providing investors with greater confidence that favorable operating conditions and recent performance can continue. Matson also repurchased approximately 0.3 million shares during the quarter. Matson Raises Full-Year Outlook
• Positive Sentiment: Operating cash flow remained solid at $137.6 million, while cash and equivalents more than doubled from a year earlier to $119.3 million, supporting financial flexibility despite higher capital spending.
• Neutral Sentiment: Institutional positioning was mixed: 186 investors added MATX shares in their latest reported quarter, while 145 reduced holdings. This suggests continued interest but no clear consensus among funds.
• Negative Sentiment: Insider trading data showed 35 insider sales and no purchases over the past six months. Although such sales may reflect personal portfolio decisions, the lack of insider buying could temper investor enthusiasm after the rally. Matson Earnings and Insider Activity

Matson Company Profile

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.