M-tron Industries (NYSEAMERICAN:MPTI) Raised to Hold at Zacks Research

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

Separately, Freedom Capital cut shares of M-tron Industries from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

M-tron Industries Trading Down 4.8%

M-tron Industries stock opened at $86.57 on Monday. M-tron Industries has a 12 month low of $38.41 and a 12 month high of $104.85. The stock’s 50 day moving average is $86.07 and its 200-day moving average is $71.07. The company has a market capitalization of $373.98 million, a price-to-earnings ratio of 30.70, a PEG ratio of 1.61 and a beta of 0.71.

M-tron Industries (NYSEAMERICAN:MPTI) last released its quarterly earnings results on Friday, May 8th. The company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.06. The business had revenue of $14.69 million during the quarter, compared to analysts’ expectations of $14.36 million. M-tron Industries had a return on equity of 17.69% and a net margin of 16.33%. As a group, equities research analysts predict that M-tron Industries will post 2.26 earnings per share for the current fiscal year.

Insider Transactions at M-tron Industries

In other M-tron Industries news, CEO Cameron Pforr sold 840 shares of the firm’s stock in a transaction 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 transaction, the chief executive officer owned 26,806 shares in the company, valued at $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 available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 1,507 shares of company stock worth $100,637 over the last 90 days. Corporate insiders own 5.30% of the company’s stock.

Institutional Trading of M-tron Industries

Several large investors have recently modified their holdings of MPTI. State of Alaska Department of Revenue bought a new position in shares of M-tron Industries in the fourth quarter worth $26,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in M-tron Industries during the third quarter worth about $63,000. Los Angeles Capital Management LLC acquired a new stake in M-tron Industries during the fourth quarter worth about $89,000. Deutsche Bank AG grew its stake in M-tron Industries by 2,341.4% during the fourth quarter. Deutsche Bank AG now owns 1,709 shares of the company’s stock worth $91,000 after buying an additional 1,639 shares in the last quarter. Finally, Acuitas Investments LLC bought a new position in M-tron Industries in the 3rd quarter valued at about $140,000. 23.31% of the stock is owned by institutional investors and hedge funds.

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.