Geode Capital Management LLC Has $94.94 Million Position in Matador Resources Company $MTDR

Geode Capital Management LLC increased its stake in Matador Resources Company (NYSE:MTDR) by 0.8% in the 4th quarter, Holdings Channel reports. The firm owned 2,236,457 shares of the energy company’s stock after purchasing an additional 18,729 shares during the period. Geode Capital Management LLC’s holdings in Matador Resources were worth $94,942,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MTDR. CIBC Bancorp USA Inc. acquired a new stake in Matador Resources in the 3rd quarter worth approximately $61,615,000. Balyasny Asset Management L.P. lifted its holdings in Matador Resources by 488.5% in the 2nd quarter. Balyasny Asset Management L.P. now owns 477,218 shares of the energy company’s stock worth $22,773,000 after purchasing an additional 396,129 shares during the last quarter. UBS Group AG lifted its holdings in Matador Resources by 94.6% in the 3rd quarter. UBS Group AG now owns 746,767 shares of the energy company’s stock worth $33,552,000 after purchasing an additional 362,970 shares during the last quarter. LSV Asset Management increased its position in Matador Resources by 8.8% in the 4th quarter. LSV Asset Management now owns 3,842,011 shares of the energy company’s stock worth $163,055,000 after buying an additional 309,708 shares during the period. Finally, AQR Capital Management LLC increased its position in Matador Resources by 30.6% in the 2nd quarter. AQR Capital Management LLC now owns 1,302,587 shares of the energy company’s stock worth $62,159,000 after buying an additional 305,352 shares during the period. 91.98% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. TD Cowen lifted their price target on Matador Resources from $60.00 to $65.00 and gave the stock a “buy” rating in a research report on Tuesday, March 17th. BMO Capital Markets lifted their price target on Matador Resources from $65.00 to $72.00 and gave the stock an “outperform” rating in a research report on Monday, April 6th. Weiss Ratings downgraded Matador Resources from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 12th. Roth Mkm reaffirmed a “neutral” rating and issued a $65.00 price target (up from $52.00) on shares of Matador Resources in a research report on Wednesday, April 8th. Finally, Zacks Research downgraded Matador Resources from a “strong-buy” rating to a “hold” rating in a research 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 currently has an average rating of “Moderate Buy” and an average target price of $65.08.

Matador Resources Stock Performance

Shares of NYSE MTDR opened at $53.54 on Friday. Matador Resources Company has a 12 month low of $37.14 and a 12 month high of $66.84. The company has a market cap of $6.65 billion, a P/E ratio of 13.76 and a beta of 0.74. The business’s 50 day moving average is $59.01 and its two-hundred day moving average is $50.93. The company has a quick ratio of 0.70, a current ratio of 0.73 and a debt-to-equity ratio of 0.59.

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

Matador Resources Announces Dividend

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

Insider Transactions at Matador Resources

In other news, COO Glenn W. Stetson acquired 500 shares of the firm’s stock in a transaction dated Thursday, May 28th. The shares were bought at an average price of $53.94 per share, with a total value of $26,970.00. Following the acquisition, the chief operating officer owned 94,970 shares of the company’s stock, valued at $5,122,681.80. This trade represents a 0.53% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Joseph Wm Foran acquired 482 shares of the firm’s stock in a transaction dated Friday, May 29th. The shares were purchased at an average cost of $52.70 per share, for a total transaction of $25,401.40. Following the acquisition, the chief executive officer directly owned 7,479 shares in the company, valued at $394,143.30. This represents a 6.89% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders have bought 7,407 shares of company stock valued at $390,367. 5.90% of the stock is owned by corporate insiders.

Key Headlines Impacting Matador Resources

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.

About Matador Resources

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.