Sidoti Weighs in on Mativ’s Q1 Earnings (NYSE:MATV)

Mativ Holdings, Inc. (NYSE:MATV) – Analysts at Sidoti upped their Q1 2027 earnings estimates for shares of Mativ in a research report issued to clients and investors on Monday, May 11th. Sidoti analyst D. Harriman now expects that the company will post earnings per share of $0.14 for the quarter, up from their prior estimate of $0.05. The consensus estimate for Mativ’s current full-year earnings is $0.85 per share.

Separately, Weiss Ratings upgraded shares of Mativ from a “sell (d-)” rating to a “sell (d+)” rating in a research report on Monday. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Reduce”.

Mativ Price Performance

NYSE MATV opened at $8.59 on Wednesday. The company has a current ratio of 2.26, a quick ratio of 1.12 and a debt-to-equity ratio of 2.22. Mativ has a 12 month low of $5.46 and a 12 month high of $15.48. The company’s 50 day moving average is $9.07 and its two-hundred day moving average is $11.27. The stock has a market cap of $473.21 million, a price-to-earnings ratio of 6.41 and a beta of 0.89.

Mativ (NYSE:MATV) last released its earnings results on Wednesday, May 6th. The company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.04. Mativ had a net margin of 3.86% and a return on equity of 11.77%. The company had revenue of $479.60 million for the quarter, compared to analysts’ expectations of $486.90 million.

Institutional Investors Weigh In On Mativ

Several institutional investors and hedge funds have recently modified their holdings of MATV. Royal Bank of Canada grew its holdings in shares of Mativ by 31.3% in the first quarter. Royal Bank of Canada now owns 45,795 shares of the company’s stock valued at $286,000 after purchasing an additional 10,927 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of Mativ by 119.8% in the first quarter. AQR Capital Management LLC now owns 167,517 shares of the company’s stock valued at $1,044,000 after purchasing an additional 91,301 shares in the last quarter. Millennium Management LLC grew its holdings in shares of Mativ by 1,978.4% in the first quarter. Millennium Management LLC now owns 996,673 shares of the company’s stock valued at $6,209,000 after purchasing an additional 948,720 shares in the last quarter. Empowered Funds LLC grew its holdings in shares of Mativ by 6.0% in the first quarter. Empowered Funds LLC now owns 319,593 shares of the company’s stock valued at $1,991,000 after purchasing an additional 18,161 shares in the last quarter. Finally, Creative Planning purchased a new position in shares of Mativ in the second quarter valued at $159,000. Institutional investors own 94.95% of the company’s stock.

Mativ Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Friday, May 29th will be given a dividend of $0.10 per share. The ex-dividend date is Friday, May 29th. This represents a $0.40 annualized dividend and a dividend yield of 4.7%. Mativ’s dividend payout ratio (DPR) is presently 29.85%.

About Mativ

Mativ is a global supplier of specialty fiber-based materials and engineered solutions, established in April 2021 through the spin-off of Ahlstrom-Munksjö’s global filtration and engineered materials business. Trading on the New York Stock Exchange under the ticker MATV, the company focuses on designing and manufacturing high-performance products for a broad range of end markets, including life sciences, energy storage, industrial filtration, and consumer products.

Through its Advanced Solutions segment, Mativ produces innovative materials such as lithium-ion battery separators, specialty release liners, and pressure-sensitive adhesive tapes.