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)
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)
DEFA14A
Additional proxy soliciting materials
11 Mar 24
DEF 14A
Definitive proxy
11 Mar 24
ARS
2023 FY
Annual report to shareholders
27 Feb 24
10-K
2023 FY
Annual report
23 Feb 24
8-K
Results of Operations and Financial Condition
20 Feb 24
8-K
1 Investor Presentation │February 2024 Investor Presentation February 2024
14 Feb 24
8-K
Results of Operations and Financial Condition
18 Jan 24
8-K
1 Investor Presentation │November 2023 Investor Presentation November 2023
14 Nov 23
10-Q
2023 Q3
Quarterly report
31 Oct 23
8-K
Results of Operations and Financial Condition
30 Oct 23
Transcripts
MATX
Earnings call transcript
2023 Q4
20 Feb 24
MATX
Earnings call transcript
2023 Q3
30 Oct 23
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
Latest ownership filings
4
Christopher A Scott
14 Mar 24
144
Notice of proposed sale of securities
13 Mar 24
4
Kuuhaku T Park
8 Mar 24
4
MATTHEW J COX
7 Mar 24
144
Notice of proposed sale of securities
7 Mar 24
4
Peter T Heilmann
6 Mar 24
4
Richard S Kinney
6 Mar 24
4
Rusty K Rolfe
6 Mar 24
144
Notice of proposed sale of securities
5 Mar 24
144
Notice of proposed sale of securities
5 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
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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) | 160.40 mm | 160.40 mm | 160.40 mm | 160.40 mm | 160.40 mm | 160.40 mm |
Cash burn (monthly) | (no burn) | 7.19 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 42.92 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 117.48 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 16.3 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
84.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 302 |
Opened positions | 51 |
Closed positions | 19 |
Increased positions | 81 |
Reduced positions | 115 |
13F shares | Current |
---|---|
Total value | 2.58 tn |
Total shares | 29.25 mm |
Total puts | 67.00 k |
Total calls | 76.00 k |
Total put/call ratio | 0.9 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 5.87 mm | $520.35 bn |
Vanguard | 3.79 mm | $336.62 bn |
Dimensional Fund Advisors | 2.61 mm | $231.99 bn |
ArrowMark Colorado | 2.17 mm | $192.54 bn |
STT State Street | 1.30 mm | $115.77 bn |
Fuller & Thaler Asset Management | 1.30 mm | $115.02 bn |
Pacer Advisors | 833.56 k | $73.95 bn |
Geode Capital Management | 725.84 k | $64.40 bn |
American Century Companies | 653.61 k | $57.99 bn |
Capital Research Global Investors | 579.53 k | $51.42 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
13 Mar 24 | Christopher A Scott | Common Stock | Sell | Dispose S | No | No | 107.83 | 1,171 | 126.27 k | 12,957.808 |
7 Mar 24 | Kuuhaku T Park | Common Stock | Sell | Dispose S | No | No | 107.5452 | 1,941 | 208.75 k | 10,698 |
6 Mar 24 | Cox Matthew J | Common Stock | Gift | Dispose G | No | No | 0 | 4,565 | 0.00 | 248,102 |
5 Mar 24 | Richard S Kinney | Common Stock | Sell | Dispose S | No | No | 105.8339 | 773 | 81.81 k | 11,380 |
5 Mar 24 | Rusty K Rolfe | Common Stock | Sell | Dispose S | No | No | 107.1471 | 5,000 | 535.74 k | 24,871 |
News
Matson Q4 2023 GAAP EPS $1.78 Beats $1.30 Estimate, Sales $788.90M Beat $733.60M Estimate
20 Feb 24
Stifel Maintains Hold on Matson, Raises Price Target to $108
19 Jan 24
Matson Announces Preliminary Q4 Results, Provides Business Update; Sees Q4 EPS $1.65-$1.78; Net Income $57.7M-$62.2M
18 Jan 24
Top 3 Industrials Stocks That Are Ticking Portfolio Bombs
9 Jan 24