44,578 Shares in M-tron Industries, Inc. $MPTI Purchased by Bard Associates Inc.

Bard Associates Inc. acquired a new position in M-tron Industries, Inc. (NYSEAMERICAN:MPTI) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 44,578 shares of the company’s stock, valued at approximately $4,420,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. boosted its holdings in M-tron Industries by 7.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,761 shares of the company’s stock worth $435,000 after buying an additional 689 shares during the period. Acadian Asset Management LLC grew 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 buying an additional 6,008 shares in the last quarter. Marshall Wace LLP grew its holdings in M-tron Industries by 25.6% during 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 in the last quarter. Victory Capital Management Inc. bought a new stake in shares of M-tron Industries during the third quarter valued at about $206,000. Finally, Dimensional Fund Advisors LP increased its position in shares of M-tron Industries by 8.7% during the third quarter. Dimensional Fund Advisors LP now owns 33,448 shares of the company’s stock valued at $1,855,000 after buying an additional 2,676 shares during the period. 23.31% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Freedom Capital lowered shares of M-tron Industries from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 13th. 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. One research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

M-tron Industries Stock Performance

MPTI stock opened at $81.01 on Friday. The company has a market capitalization of $352.39 million, a PE ratio of 29.78, a price-to-earnings-growth ratio of 1.49 and a beta of 0.77. M-tron Industries, Inc. has a one year low of $43.39 and a one year high of $104.85. The company’s 50 day moving average price is $87.33 and its two-hundred day moving average price is $76.80.

M-tron Industries (NYSEAMERICAN:MPTI) last announced its quarterly earnings data 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). The business had revenue of $15.11 million during the quarter, compared to analysts’ expectations of $14.75 million. M-tron Industries had a net margin of 16.35% and a return on equity of 13.03%. On average, research analysts predict that M-tron Industries, Inc. will post 2.17 EPS for the current 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.