Northwestern Mutual Wealth Management Co. Has $3.61 Million Holdings in MP Materials Corp. $MP

Northwestern Mutual Wealth Management Co. cut its stake in MP Materials Corp. (NYSE:MP) by 37.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 71,475 shares of the company’s stock after selling 42,483 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in MP Materials were worth $3,611,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Whittier Trust Co. of Nevada Inc. bought a new stake in MP Materials in the 4th quarter valued at $26,000. Financial Consulate Inc. boosted its holdings in MP Materials by 555.3% in the 4th quarter. Financial Consulate Inc. now owns 557 shares of the company’s stock valued at $28,000 after purchasing an additional 472 shares during the period. Bessemer Group Inc. boosted its holdings in MP Materials by 75.9% in the 3rd quarter. Bessemer Group Inc. now owns 642 shares of the company’s stock valued at $43,000 after purchasing an additional 277 shares during the period. Montag A & Associates Inc. boosted its holdings in MP Materials by 106.2% in the 3rd quarter. Montag A & Associates Inc. now owns 635 shares of the company’s stock valued at $43,000 after purchasing an additional 327 shares during the period. Finally, Bogart Wealth LLC bought a new stake in MP Materials in the 4th quarter valued at $47,000. 52.55% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of MP Materials in a report on Tuesday, May 12th. Wedbush increased their price target on shares of MP Materials from $90.00 to $100.00 and gave the company an “outperform” rating in a report on Friday, May 8th. Barclays assumed coverage on shares of MP Materials in a report on Thursday. They issued an “overweight” rating and a $69.00 price target for the company. Wall Street Zen raised shares of MP Materials from a “sell” rating to a “hold” rating in a report on Sunday, March 8th. Finally, TD Securities raised shares of MP Materials to a “strong-buy” rating in a report on Monday, February 9th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, MP Materials currently has an average rating of “Buy” and an average price target of $80.08.

MP Materials Price Performance

NYSE:MP opened at $64.42 on Monday. The company has a 50-day moving average of $58.67 and a 200-day moving average of $59.18. The company has a market capitalization of $11.47 billion, a price-to-earnings ratio of -153.37 and a beta of 1.90. MP Materials Corp. has a 52 week low of $18.64 and a 52 week high of $100.25. The company has a debt-to-equity ratio of 0.47, a quick ratio of 6.58 and a current ratio of 7.18.

MP Materials (NYSE:MP) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.03 EPS for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.04. The company had revenue of $90.65 million during the quarter, compared to the consensus estimate of $74.82 million. MP Materials had a negative net margin of 28.00% and a negative return on equity of 2.27%. The firm’s revenue for the quarter was up 49.1% compared to the same quarter last year. During the same period last year, the firm earned ($0.12) EPS. As a group, equities research analysts anticipate that MP Materials Corp. will post -0.04 earnings per share for the current fiscal year.

Key Headlines Impacting MP Materials

Here are the key news stories impacting MP Materials this week:

• Positive Sentiment: Barclays initiated coverage of MP Materials with a Buy rating and a $69 price target, reinforcing the broader bullish Wall Street view that has most analysts rating the stock a Buy. MP Stock Stays Perfect but Trading Has Been Strange Lately
• Positive Sentiment: MP’s COO, Michael Stuart Rosenthal, disclosed the purchase of 17,000 shares, a move investors often view as a confidence signal from management. Michael Stuart Rosenthal Buys 17,000 Shares of MP Materials (NYSE:MP) Stock
• Neutral Sentiment: Rare-earth stocks broadly rallied on funding news and fading China fears, which supported MP alongside peers, but the move also reflected sector volatility rather than a company-specific catalyst. Rare Earth Stocks Rally On Funding News, Fading China Fears
• Neutral Sentiment: MP’s latest earnings update showed strong revenue growth and a narrower operating loss, but the company remains unprofitable, keeping investors cautious about the pace of a turnaround. MP’s Operating Losses Continue in Q1: Can It Revert to Profitability?
• Negative Sentiment: A comparison piece argued that Idaho Strategic has the edge over MP Materials thanks to profitability, rising earnings, and a lower valuation, highlighting competitive and valuation concerns for MP. MP Materials vs. IDR: Which Mining Stock Has More Upside?

Insider Transactions at MP Materials

In other MP Materials news, COO Michael Stuart Rosenthal acquired 17,000 shares of MP Materials stock in a transaction dated Wednesday, May 20th. The stock was bought at an average cost of $56.62 per share, with a total value of $962,540.00. Following the acquisition, the chief operating officer owned 1,333,673 shares of the company’s stock, valued at approximately $75,512,565.26. The trade was a 1.29% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO James H. Litinsky sold 259,179 shares of the firm’s stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $64.03, for a total transaction of $16,595,231.37. Following the transaction, the chief executive officer directly owned 12,505,965 shares of the company’s stock, valued at $800,756,938.95. The trade was a 2.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 666,000 shares of company stock valued at $43,103,382. Company insiders own 8.20% of the company’s stock.

About MP Materials

MP Materials Corporation operates as a vertically integrated producer of rare earth materials in North America. The company owns and manages the Mountain Pass Rare Earth Mine and Processing Facility in California, the only commercially viable rare earth mining and processing site in the United States. MP Materials extracts, separates and refines critical rare earth elements—such as neodymium, praseodymium, and cerium—which are essential inputs for permanent magnets used in electric vehicles, wind turbines, and various defense applications.

The Mountain Pass mine first began commercial rare earth production in the 1950s and was later operated by Molycorp until its bankruptcy in 2015.