Matador Resources Company $MTDR Shares Sold by Legal & General Group Plc

Legal & General Group Plc lessened its holdings in Matador Resources Company (NYSE:MTDR) by 11.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 161,727 shares of the energy company’s stock after selling 21,921 shares during the period. Legal & General Group Plc’s holdings in Matador Resources were worth $6,864,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Kestra Investment Management LLC boosted its holdings in Matador Resources by 225.2% in the second quarter. Kestra Investment Management LLC now owns 517 shares of the energy company’s stock worth $25,000 after purchasing an additional 358 shares during the period. Rothschild Investment LLC boosted its holdings in Matador Resources by 5,927.3% in the third quarter. Rothschild Investment LLC now owns 663 shares of the energy company’s stock worth $30,000 after purchasing an additional 652 shares during the period. Measured Wealth Private Client Group LLC acquired a new position in Matador Resources in the third quarter worth $35,000. Geneos Wealth Management Inc. boosted its holdings in Matador Resources by 361.3% in the first quarter. Geneos Wealth Management Inc. now owns 881 shares of the energy company’s stock worth $45,000 after purchasing an additional 690 shares during the period. Finally, Johnson Financial Group Inc. acquired a new position in Matador Resources in the third quarter worth $49,000. Institutional investors and hedge funds own 91.98% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Wells Fargo & Company lifted their price objective on shares of Matador Resources from $54.00 to $63.00 and gave the stock an “equal weight” rating in a report on Thursday, April 16th. Truist Financial raised shares of Matador Resources from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $60.00 to $67.00 in a report on Tuesday, May 12th. Mizuho lifted their price objective on shares of Matador Resources from $74.00 to $77.00 and gave the stock an “outperform” rating in a report on Wednesday, May 27th. Weiss Ratings downgraded shares of Matador Resources from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 12th. Finally, Zacks Research downgraded shares of Matador Resources from a “strong-buy” rating to a “hold” rating in a report on Monday, May 25th. Ten research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $65.08.

More Matador Resources News

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

• Positive Sentiment: KeyCorp raised its Q2 2026 EPS estimate and its FY2026 outlook for Matador Resources, suggesting stronger near-term operating performance and higher full-year earnings potential.
• Positive Sentiment: KeyCorp also lifted its Q3 2026 EPS estimate, indicating expectations for solid production or pricing support later in the year. Related Matador Resources analyst note
• Neutral Sentiment: KeyCorp kept an Overweight rating and a $73 price target, which is constructive, but the firm also trimmed some later-quarter and FY2027 EPS estimates, making the overall signal mixed.
• Neutral Sentiment: A separate article focused on valuation after the recent pullback, implying the shares may be re-rating rather than reacting to a single company-specific catalyst.
• Negative Sentiment: Roth MKM reaffirmed a Hold rating on Matador Resources, reinforcing a cautious stance that can weigh on sentiment.
• Negative Sentiment: KeyCorp lowered some out-year EPS estimates, including Q4 2026, Q2 2027, Q3 2027, and FY2027, which may have added to concerns that longer-term earnings growth could be less robust than previously expected.

Insider Transactions at Matador Resources

In other news, COO Glenn W. Stetson purchased 500 shares of the stock in a transaction dated Thursday, May 28th. The stock was acquired at an average price of $53.94 per share, for a total transaction of $26,970.00. Following the completion of the transaction, the chief operating officer owned 94,970 shares of the company’s stock, valued at approximately $5,122,681.80. The trade was a 0.53% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Christopher P. Calvert purchased 1,500 shares of the stock in a transaction dated Friday, May 29th. The shares were purchased at an average price of $53.24 per share, with a total value of $79,860.00. Following the transaction, the chief financial officer directly owned 41,500 shares of the company’s stock, valued at approximately $2,209,460. The trade was a 3.75% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders bought 7,407 shares of company stock worth $390,367. Insiders own 5.90% of the company’s stock.

Matador Resources Stock Down 4.0%

Matador Resources stock opened at $53.54 on Friday. The company has a 50-day simple moving average of $59.01 and a 200-day simple moving average of $50.93. The firm has a market capitalization of $6.65 billion, a P/E ratio of 13.76 and a beta of 0.74. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.70 and a current ratio of 0.73. Matador Resources Company has a one year low of $37.14 and a one year high of $66.84.

Matador Resources (NYSE:MTDR) last released its quarterly earnings results on Wednesday, May 6th. The energy company reported $1.53 EPS for the quarter, topping the consensus estimate of $1.24 by $0.29. The business had revenue of $941.60 million during the quarter, compared to analyst estimates of $871.57 million. Matador Resources had a net margin of 14.41% and a return on equity of 11.20%. The company’s quarterly revenue was down 33.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.99 earnings per share. As a group, equities analysts expect that Matador Resources Company will post 7.47 earnings per share for the current year.

Matador Resources Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 8th were given a dividend of $0.375 per share. The ex-dividend date was Friday, May 8th. This represents a $1.50 annualized dividend and a dividend yield of 2.8%. Matador Resources’s dividend payout ratio is currently 38.56%.

Matador Resources 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.