matson, inc. (nyse: matx) is a honolulu-based publicly traded corporation. founded in 1882, matson is a leading u.s. carrier in the pacific. matson provides a vital lifeline to the island economies of hawaii, guam, micronesia and the south pacific, and premium, expedited service from china to southern california. the company's fleet of 18 vessels includes containerships, combination container and roll-on/roll-off ships and custom-designed barges. matson logistics, established in 1987, extends the geographic reach of matson's transportation network throughout the continental u.s. its integrated, asset-light logistics services include rail intermodal, highway brokerage and warehousing.
Company profile
Ticker
MATX
Exchange
Website
CEO
Matthew Cox
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Carnival Corp. • Carnival • Royal Caribbean • Norwegian Cruise Line • NCL • Tidewater • Seapeak • Altera Infrastructure • Kirby • Golar Lng ...
Former names
ALEXANDER & BALDWIN INC
SEC CIK
Corporate docs
Subsidiaries
ABHI-Crockett, Inc. • Matson Navigation Company, Inc. • Matson Alaska, Inc. • Horizon Lines Holding Corp. • Horizon Lines of Puerto Rico, LLC • HLPR Holding Corp. • Horizon Logistics, LLC • Horizon Services Group, LLC • Aero Logistics, LLC • Horizon Lines, LLC ...
IRS number
990032630
MATX stock data
Latest filings (excl ownership)
10-Q
2023 Q2
Quarterly report
2 Aug 23
8-K
Results of Operations and Financial Condition
1 Aug 23
8-K
Results of Operations and Financial Condition
20 Jul 23
10-Q
2023 Q1
Quarterly report
5 May 23
8-K
Results of Operations and Financial Condition
4 May 23
8-K
Submission of Matters to a Vote of Security Holders
1 May 23
8-K
Regulation FD Disclosure
27 Apr 23
8-K
Completion of Acquisition or Disposition of Assets
19 Apr 23
DEFA14A
Additional proxy soliciting materials
13 Mar 23
DEF 14A
Definitive proxy
13 Mar 23
Transcripts
MATX
Earnings call transcript
2023 Q2
1 Aug 23
MATX
Earnings call transcript
2023 Q1
4 May 23
MATX
Earnings call transcript
2022 Q4
21 Feb 23
MATX
Earnings call transcript
2022 Q3
2 Nov 22
MATX
Earnings call transcript
2022 Q2
2 Aug 22
MATX
Earnings call transcript
2022 Q1
4 May 22
MATX
Earnings call transcript
2021 Q4
18 Feb 22
MATX
Earnings call transcript
2021 Q3
4 Nov 21
MATX
Earnings call transcript
2021 Q2
2 Aug 21
MATX
Earnings call transcript
2021 Q1
28 Apr 21
Latest ownership filings
4
Kuuhaku T Park
1 Sep 23
4
MATTHEW J COX
1 Sep 23
144
Notice of proposed sale of securities
30 Aug 23
4
Grace M Cerocke
17 Aug 23
144
Notice of proposed sale of securities
16 Aug 23
4
Laura L Rascon
9 Aug 23
4
Vic S Angoco Jr
9 Aug 23
144
Notice of proposed sale of securities
9 Aug 23
144
Notice of proposed sale of securities
7 Aug 23
4
MATTHEW J COX
1 Aug 23
Financial summary
| Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
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| Revenue | |||||
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| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 125.90 mm | 125.90 mm | 125.90 mm | 125.90 mm | 125.90 mm | 125.90 mm |
| Cash burn (monthly) | (no burn) | 40.70 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 112.12 mm | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | 13.78 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 0.3 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2023
84.0% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 269 |
| Opened positions | 40 |
| Closed positions | 35 |
| Increased positions | 67 |
| Reduced positions | 106 |
| 13F shares | Current |
|---|---|
| Total value | 2.26 tn |
| Total shares | 29.66 mm |
| Total puts | 29.80 k |
| Total calls | 71.10 k |
| Total put/call ratio | 0.4 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 6.02 mm | $468.32 bn |
| Vanguard | 3.85 mm | $299.33 bn |
| Dimensional Fund Advisors | 2.59 mm | $201.01 bn |
| ArrowMark Colorado | 2.20 mm | $170.82 bn |
| Fuller & Thaler Asset Management | 1.37 mm | $106.25 bn |
| STT State Street | 1.31 mm | $101.88 bn |
| Geode Capital Management | 703.87 k | $54.71 bn |
| Pacer Advisors | 644.84 k | $50.12 bn |
| Capital Research Global Investors | 588.20 k | $45.72 bn |
| American Century Companies | 587.88 k | $45.70 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 31 Aug 23 | Kuuhaku T Park | Common Stock | Sell | Dispose S | No | No | 88.49 | 2,318 | 205.12 k | 11,526 |
| 31 Aug 23 | Cox Matthew J | Common Stock | Sell | Dispose S | No | Yes | 88.1561 | 8,122 | 716.00 k | 221,267 |
| 31 Aug 23 | Cox Matthew J | Common Stock | Sell | Dispose S | No | Yes | 88.9429 | 1,878 | 167.03 k | 229,389 |
| 16 Aug 23 | Grace M Cerocke | Common Stock | Sell | Dispose S | No | No | 91.02 | 390 | 35.50 k | 12,164 |
| 16 Aug 23 | Grace M Cerocke | Common Stock | Sell | Dispose S | No | No | 94.71 | 310 | 29.36 k | 12,554 |
| 9 Aug 23 | Laura L Rascon | Common Stock | Sell | Dispose S | No | No | 94.2494 | 897 | 84.54 k | 9,701 |
| 9 Aug 23 | Vic S Angoco Jr | Common Stock | Sell | Dispose S | No | No | 94.5023 | 4,500 | 425.26 k | 35,193 |
| 8 Aug 23 | Vic S Angoco Jr | Common Stock | Sell | Dispose S | No | No | 94.0572 | 5,500 | 517.31 k | 39,693 |
News
A Look Into Industrials Sector Value Stocks
30 Aug 23
Stifel Maintains Hold on Matson, Raises Price Target to $90
2 Aug 23
Matson Q2 EPS $2.26, Inline, Sales $773.40M Miss $774.89M Estimate
1 Aug 23
Earnings Scheduled For August 1, 2023
1 Aug 23
12 Industrials Stocks Moving In Friday's Intraday Session
21 Jul 23