Grandeur Peak Global Advisors LLC purchased a new position in shares of M-tron Industries, Inc. (NYSEAMERICAN:MPTI – Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 56,681 shares of the company’s stock, valued at approximately $5,620,000. M-tron Industries accounts for about 1.1% of Grandeur Peak Global Advisors LLC’s investment portfolio, making the stock its 19th largest holding.
Other hedge funds have also made changes to their positions in the company. BlackRock Inc. acquired a new position in shares of M-tron Industries in the second quarter valued at approximately $25,082,000. Aristides Capital LLC lifted its holdings in M-tron Industries by 21.5% during the 1st quarter. Aristides Capital LLC now owns 65,673 shares of the company’s stock worth $4,390,000 after buying an additional 11,619 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in M-tron Industries by 34.3% during the 4th quarter. Renaissance Technologies LLC now owns 60,559 shares of the company’s stock worth $3,223,000 after buying an additional 15,454 shares in the last quarter. Marshall Wace LLP boosted its position in M-tron Industries by 25.6% in the 2nd quarter. Marshall Wace LLP now owns 56,263 shares of the company’s stock valued at $2,363,000 after buying an additional 11,470 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in 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. Institutional investors and hedge funds own 23.31% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have commented on MPTI. Zacks Research upgraded shares of M-tron Industries from a “strong sell” rating to a “hold” rating in a research note on Monday, July 6th. Freedom Capital cut 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 assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.
M-tron Industries Stock Performance
MPTI stock opened at $78.25 on Friday. The company’s 50 day moving average price is $85.91 and its 200 day moving average price is $77.31. The firm has a market capitalization of $340.39 million, a price-to-earnings ratio of 28.77, a PEG ratio of 1.46 and a beta of 0.77. M-tron Industries, Inc. has a fifty-two week low of $43.46 and a fifty-two week high of $104.85.
M-tron Industries (NYSEAMERICAN:MPTI – Get Free Report) last issued its quarterly earnings results on Wednesday, August 12th. The company reported $0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.10). M-tron Industries had a return on equity of 13.03% and a net margin of 16.35%.The firm had revenue of $15.11 million during the quarter, compared to analysts’ expectations of $14.75 million. Equities analysts forecast that M-tron Industries, Inc. will post 2.17 EPS for the current fiscal year.
About M-tron Industries
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.
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