Freedom Capital Downgrades M-tron Industries (NYSEAMERICAN:MPTI) to Hold

M-tron Industries (NYSEAMERICAN:MPTI) was downgraded by Freedom Capital from a “strong-buy” rating to a “hold” rating in a report issued on Wednesday,Zacks.com reports.

Separately, Zacks Research downgraded shares of M-tron Industries from a “hold” rating to a “strong sell” rating in a research note on Friday, March 13th. One research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

M-tron Industries Stock Up 6.8%

Shares of MPTI opened at $79.11 on Wednesday. The stock has a 50 day moving average price of $67.30 and a 200 day moving average price of $60.78. The company has a market capitalization of $341.76 million, a price-to-earnings ratio of 28.05, a price-to-earnings-growth ratio of 1.36 and a beta of 0.57. M-tron Industries has a 52-week low of $36.38 and a 52-week high of $87.23.

M-tron Industries (NYSEAMERICAN:MPTI) last issued its earnings results on Friday, May 8th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.06. M-tron Industries had a net margin of 16.33% and a return on equity of 20.45%. The business had revenue of $14.69 million during the quarter, compared to analysts’ expectations of $14.36 million. On average, equities analysts anticipate that M-tron Industries will post 2.18 EPS for the current fiscal year.

Insider Buying and Selling at M-tron Industries

In other news, CEO Cameron Pforr sold 840 shares of the firm’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $66.78, for a total value of $56,095.20. Following the completion of the sale, the chief executive officer owned 26,806 shares in the company, valued at approximately $1,790,104.68. This trade represents a 3.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 1,507 shares of company stock worth $100,637 over the last three months. 6.60% of the stock is owned by company insiders.

Institutional Investors Weigh In On M-tron Industries

A number of hedge funds have recently added to or reduced their stakes in the company. Aristides Capital LLC lifted its position in M-tron Industries by 21.5% in the first quarter. Aristides Capital LLC now owns 65,673 shares of the company’s stock valued at $4,390,000 after purchasing an additional 11,619 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of M-tron Industries by 6.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 44,988 shares of the company’s stock valued at $3,007,000 after buying an additional 2,540 shares during the period. Millennium Management LLC acquired a new stake in shares of M-tron Industries in the 4th quarter valued at approximately $237,000. Barclays PLC lifted its holdings in shares of M-tron Industries by 7.1% in the 4th quarter. Barclays PLC now owns 3,830 shares of the company’s stock valued at $204,000 after buying an additional 254 shares during the period. Finally, Advisory Research Inc. acquired a new stake in shares of M-tron Industries in the 4th quarter valued at approximately $1,895,000. Institutional investors and hedge funds 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.