M-tron Industries (NYSEAMERICAN:MPTI) Upgraded to “Hold” at Zacks Research

M-tron Industries (NYSEAMERICAN:MPTI) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.

Separately, Freedom Capital downgraded M-tron Industries from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, M-tron Industries presently has a consensus rating of “Moderate Buy”.

M-tron Industries Stock Performance

Shares of MPTI opened at $86.57 on Monday. M-tron Industries has a twelve month low of $38.41 and a twelve month high of $104.85. The firm’s 50 day moving average price is $86.07 and its two-hundred day moving average price is $71.07. The firm has a market cap of $373.98 million, a P/E ratio of 30.70, a PEG ratio of 1.61 and a beta of 0.71.

M-tron Industries (NYSEAMERICAN:MPTI) last issued its quarterly earnings data on Friday, May 8th. The company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.06. The company had revenue of $14.69 million during the quarter, compared to the consensus estimate of $14.36 million. M-tron Industries had a net margin of 16.33% and a return on equity of 17.69%. On average, sell-side analysts anticipate that M-tron Industries will post 2.26 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CEO Cameron Pforr sold 840 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $66.78, for a total transaction of $56,095.20. Following the sale, the chief executive officer owned 26,806 shares in the company, valued at $1,790,104.68. This represents a 3.04% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 1,507 shares of company stock worth $100,637. Insiders own 5.30% of the company’s stock.

Institutional Trading of M-tron Industries

Several institutional investors and hedge funds have recently bought and sold shares of the business. Goldman Sachs Group Inc. boosted its stake in shares of M-tron Industries by 7.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,761 shares of the company’s stock worth $435,000 after acquiring an additional 689 shares during the period. Acadian Asset Management LLC lifted its holdings in M-tron Industries by 137.8% during the 1st quarter. Acadian Asset Management LLC now owns 10,367 shares of the company’s stock valued at $459,000 after purchasing an additional 6,008 shares during the last quarter. Marshall Wace LLP boosted its position in M-tron Industries by 25.6% during the second quarter. Marshall Wace LLP now owns 56,263 shares of the company’s stock worth $2,363,000 after purchasing an additional 11,470 shares during the period. Victory Capital Management Inc. acquired a new position in shares of M-tron Industries in the third quarter valued at $206,000. Finally, Dimensional Fund Advisors LP increased its holdings in shares of M-tron Industries by 8.7% in the third quarter. Dimensional Fund Advisors LP now owns 33,448 shares of the company’s stock valued at $1,855,000 after purchasing an additional 2,676 shares during the last quarter. Institutional investors own 23.31% of the company’s stock.

M-tron Industries Company Profile

M-tron Industries, Inc (NYSE American: MPTI) is a designer and manufacturer of high‐performance electromechanical motion control and power transmission systems. The company specializes in the development of precision motors, digital servo controllers, and rotary electrical interfaces that enable smooth, reliable operation in demanding environments. Its core offerings include frameless torque motors, brushless DC motors, multi‐circuit slip ring assemblies, and custom motor/controller packages tailored to specific customer requirements.

These products serve a diverse array of end markets, including defense and aerospace, industrial automation, robotics, medical imaging, and energy generation.