Matson (NYSE:MATX) SVP Christopher Scott Sells 1,520 Shares

21 May 2026, 13:14 by Jessica Moore · The Cerbat Gem

Matson, Inc. (NYSE:MATX – Get Free Report) SVP Christopher Scott sold 1,520 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $181.05, for a total value of $275,196.00. Following the transaction, the senior vice president directly owned 9,708 shares in the company, valued at $1,757,633.40. This trade represents a 13.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Matson Trading Down 2.2%

MATX stock traded down $4.16 during trading on Thursday, hitting $184.46. 143,703 shares of the company traded hands, compared to its average volume of 283,174. The company has a 50-day moving average of $169.62 and a 200-day moving average of $147.14. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.82 and a current ratio of 0.82. Matson, Inc. has a 1 year low of $86.97 and a 1 year high of $190.00. The firm has a market capitalization of $5.58 billion, a PE ratio of 13.52 and a beta of 1.30.

Matson (NYSE:MATX – Get Free Report) last released its quarterly earnings data on Monday, May 4th. The shipping company reported $1.85 earnings per share for the quarter, beating analysts’ consensus estimates of $1.65 by $0.20. Matson had a return on equity of 15.90% and a net margin of 12.92%.The firm had revenue of $757.80 million during the quarter, compared to analyst estimates of $777.55 million. During the same quarter in the prior year, the firm posted $2.18 earnings per share. The business’s quarterly revenue was down 3.1% compared to the same quarter last year. Analysts predict that Matson, Inc. will post 13.96 earnings per share for the current fiscal year.

Matson Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 7th will be issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Thursday, May 7th. Matson’s dividend payout ratio is currently 10.58%.

Institutional Trading of Matson

Several large investors have recently bought and sold shares of MATX. Danske Bank A S bought a new position in shares of Matson in the 4th quarter worth about $25,000. Federated Hermes Inc. grew its holdings in Matson by 124.3% in the third quarter. Federated Hermes Inc. now owns 249 shares of the shipping company’s stock worth $25,000 after purchasing an additional 138 shares during the period. SouthState Bank Corp bought a new position in shares of Matson during the fourth quarter valued at approximately $31,000. Headlands Technologies LLC bought a new position in shares of Matson during the second quarter valued at approximately $28,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Matson by 57.3% during the fourth quarter. EverSource Wealth Advisors LLC now owns 258 shares of the shipping company’s stock valued at $32,000 after purchasing an additional 94 shares during the last quarter. 84.76% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

MATX has been the topic of a number of recent analyst reports. Zacks Research upgraded Matson to a “hold” rating in a research report on Wednesday, April 29th. JPMorgan Chase & Co. assumed coverage on Matson in a report on Monday, April 27th. They set an “overweight” rating and a $230.00 target price for the company. Wall Street Zen lowered Matson from a “buy” rating to a “hold” rating in a research note on Sunday, March 15th. Finally, Stephens lifted their price target on shares of Matson from $190.00 to $213.00 and gave the company an “overweight” rating in a report on Wednesday, January 21st. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Matson presently has an average rating of “Moderate Buy” and a consensus target price of $181.25.

Read Our Latest Report on Matson

Matson Company Profile

(Get Free Report)

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.