William Blair Investment Management LLC Makes New $24.52 Million Investment in Matador Resources Company $MTDR

William Blair Investment Management LLC bought a new stake in Matador Resources Company (NYSE:MTDR) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 492,596 shares of the energy company’s stock, valued at approximately $24,521,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of MTDR. Jones Financial Companies Lllp boosted its stake in shares of Matador Resources by 1,104.8% during the 1st quarter. Jones Financial Companies Lllp now owns 2,012 shares of the energy company’s stock worth $103,000 after acquiring an additional 1,845 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in Matador Resources by 361.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 881 shares of the energy company’s stock valued at $45,000 after purchasing an additional 690 shares in the last quarter. Sivia Capital Partners LLC acquired a new position in Matador Resources during the second quarter worth $255,000. Arrowstreet Capital Limited Partnership acquired a new position in Matador Resources during the second quarter worth $5,126,000. Finally, EverSource Wealth Advisors LLC raised its holdings in Matador Resources by 767.3% during the second quarter. EverSource Wealth Advisors LLC now owns 3,261 shares of the energy company’s stock worth $156,000 after purchasing an additional 2,885 shares during the last quarter. 91.98% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, COO Glenn W. Stetson bought 500 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The shares were acquired at an average cost of $53.41 per share, with a total value of $26,705.00. Following the completion of the transaction, the chief operating officer owned 95,470 shares of the company’s stock, valued at approximately $5,099,052.70. The trade was a 0.53% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP William Thomas Elsener bought 850 shares of the stock in a transaction that occurred on Monday, August 10th. The stock was bought at an average price of $50.94 per share, with a total value of $43,299.00. Following the completion of the acquisition, the executive vice president owned 114,879 shares of the company’s stock, valued at $5,851,936.26. This trade represents a 0.75% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased 31,996 shares of company stock worth $1,675,663 over the last 90 days. Corporate insiders own 5.90% of the company’s stock.

Matador Resources News Roundup

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

• Positive Sentiment: CEO Joseph Wm. Foran purchased another 400 shares at an average price of $53.64, increasing his stake by 1.31%. The purchase follows several additional buys earlier in August, signaling management confidence in Matador’s valuation and outlook. Matador Resources CEO Purchases 400 Shares of Stock
• Positive Sentiment: Matador’s latest quarterly results were stronger than expected: earnings per share came in at $2.61 versus the $2.08 consensus estimate, while revenue reached $1.17 billion, up 32.5% year over year and above the $1.06 billion forecast. The company also declared a quarterly dividend of $0.375, equivalent to a $1.50 annual payout and an approximately 2.6% yield.
• Neutral Sentiment: Analyst sentiment remains broadly constructive but not decisive. Matador has a consensus “Moderate Buy” rating and an average price target of $66.07, while individual views range from Stephens’ $93 overweight target to Morgan Stanley’s $66 equal-weight target and Truist’s $59 buy target.
• Negative Sentiment: Zacks Research lowered estimates for Q3 2026 EPS to $0.99 from $1.44, Q4 2026 EPS to $1.26 from $1.41, FY2027 EPS to $6.87 from $7.33, and FY2028 EPS to $7.32 from $7.45. It also reduced Q2 and Q3 2027 forecasts, although it raised its Q4 2027 and Q1 2028 estimates modestly. The revisions suggest continuing uncertainty around Matador’s future earnings, likely related to commodity prices and operating conditions in the Permian Basin.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on MTDR. Citigroup lowered their target price on Matador Resources from $68.00 to $60.00 and set a “buy” rating on the stock in a report on Tuesday, August 11th. Morgan Stanley reduced their price target on shares of Matador Resources from $75.00 to $66.00 and set an “equal weight” rating on the stock in a report on Monday, June 29th. Zacks Research lowered Matador Resources from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 25th. Truist Financial reduced their target price on shares of Matador Resources from $63.00 to $59.00 and set a “buy” rating on the stock in a report on Monday, August 10th. Finally, Stephens raised their price target on shares of Matador Resources from $92.00 to $93.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $66.07.

Matador Resources Trading Up 0.2%

Shares of Matador Resources stock opened at $58.51 on Friday. Matador Resources Company has a fifty-two week low of $37.14 and a fifty-two week high of $66.84. The business’s fifty day moving average is $51.46 and its two-hundred day moving average is $54.43. The company has a quick ratio of 0.62, a current ratio of 0.65 and a debt-to-equity ratio of 0.67. The firm has a market cap of $7.24 billion, a PE ratio of 10.04 and a beta of 0.76.

Matador Resources (NYSE:MTDR) last released its earnings results on Wednesday, August 5th. The energy company reported $2.61 EPS for the quarter, beating the consensus estimate of $2.08 by $0.53. Matador Resources had a return on equity of 13.18% and a net margin of 19.85%.The firm had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same period in the prior year, the firm posted $1.53 earnings per share. The business’s quarterly revenue was up 32.5% compared to the same quarter last year. Analysts anticipate that Matador Resources Company will post 7.26 earnings per share for the current year.

Matador Resources Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 10th will be issued a $0.375 dividend. The ex-dividend date is Monday, August 10th. This represents a $1.50 annualized dividend and a yield of 2.6%. Matador Resources’s payout ratio is 25.73%.

Matador Resources Company Profile

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.