MATW · NASDAQ · Conglomerates

Matthews International (MATW)

Supplies memorial products, funeral-home goods, industrial marking, and energy-storage engineering tools.

$19.94
vs last close+0.16 (+0.80%)
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Matthews International CorporationMATW
Industrials

Sells memorial products and funeral-home supplies alongside product-identification, coating, converting, and energy-storage technologies. The business is now centered on Memorialization and Industrial Technologies, with Brand Solutions reduced to Propelis investment exposure after recent divestitures.

Operates through Memorialization and Industrial Technologies, with a residual Propelis investment rather than a controlled SGK product line. Memorialization sells bronze and granite memorials, caskets, cremation products, mausoleum work, cemetery technology, and funeral-home supplies to funeral homes, cemeteries, monument dealers, and related customers.

Industrial Technologies supplies product-identification printers, inks, MPERIA print-automation software, and engineering/tooling for coating, converting, hydrogen, battery, and energy-storage applications. The portfolio reflects the older engraving and marking craft while recent transactions moved SGK, warehouse automation, and European packaging outside the controlled operating base.

Demand is tied to burial volumes, cremation adoption, and customer spending by funeral and cemetery operators. Industrial Technologies also carries visibility around dry-battery-electrode work, where the Tesla dispute and narrow injunction shape part of the engineering business.

Company facts

CEOJoseph C. Bartolacci
ListedJul 20, 1994
ExchangeNASDAQ
HeadquartersPittsburgh, PA
CountryUnited States
Employees5,500
CIK0000063296
ISINUS5771281012

Market cap$617.2M
EPS (ttm)−$0.9300
P/E (ttm)−21.27
ROE-5.8%
P/B1.27
P/S0.5569
Dividend yieldDiv yield5.16%
Beta0.59vs XLI 0.46

Price target$24.00+21.3%Average of 10 analysts
ConsensusBuy8 of 10 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 21, 2026Truist FinancialTarget
Target:
Target: $24

Next report
Nov 19, 26
in 58 days
EPS estimate
$0.28
Revenue estimate
$252.7M
Fiscal quarter
Q4 FY26

EPSReportedEstimate

Feb '25Apr '25Aug '25Nov '25Feb '26Apr '26Aug '26Nov '26
Reported$0.14$0.34$0.28$0.50−$0.19$0.37$0.06Pending
Estimate$0.26$0.36$0.33$0.20$0.05$0.17$0.41$0.28
Surprise−46.2%−5.6%−15.2%+150.0%−480.0%+117.6%−85.4%

RevenueReportedEstimate

Feb '25Apr '25Aug '25Nov '25Feb '26Apr '26Aug '26Nov '26
Reported$401.8M$427.6M$349.4M$318.8M$284.8M$258.6M$246.0MPending
Estimate$426.9M$429.6M$290.8M$290.8M$282.5M$253.7M$264.5M$252.7M
Surprise−5.9%−0.5%+20.1%+9.6%+0.8%+2.0%−7.0%
Estimate$0.28
ReportedDue Nov 19, 2026
Estimate$252.7M
ReportedDue Nov 19, 2026
View details

Debt to equity129.30%
Current ratio175.60%

ProfitabilityRevenueNet incomeNet margin

Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Revenue$446.7M$401.8M$427.6M$349.4M$318.8M$284.8M$258.6M$246.0M
Net income−$68.2M−$3.5M−$8.9M$15.4M−$27.5M$43.6M−$21.8M−$23.7M
Net margin0.0%0.0%0.0%4.4%0.0%15.3%0.0%0.0%

GrowthOperating income

Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Operating income−$49.8M$5.7M$8.0M$18.1M−$9.4M−$15.7M$770.0K−$13.2M
YoY growthTurned loss−39.8%−62.4%+169.9%Loss narrowedTurned loss−90.4%Turned loss

Balance sheet, Jun 30, 2026Cash & short-term investments $37.6M · Total debt $628.2M · Total assets $1.51B · Shareholders' equity $486.0M

Revenue
$246.0M
Operating income
−$13.2M
Net income
−$23.7M
View details

Dividend yield
5.16%
Next ex-date
Nov 10, 26
estimated · in 49 days
Annual dividend
$1.02
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Dec '24Feb '25May '25Aug '25Dec '25Feb '26May '26Aug '26
Dividend$0.25$0.25$0.25$0.25$0.255$0.255$0.255$0.255
Annual yield3.24%3.96%4.76%4.28%4.10%3.80%3.66%4.44%
Ex-dateDec 2Feb 10May 12Aug 11Dec 1Feb 9May 11Aug 10
Payment dateDec 16Feb 24May 26Aug 25Dec 15Feb 23May 25Aug 24
View details

Institutions97.88%30.55M shares
183 holders · as of Jun 30, 2026
Insiders5.40%1.69M shares
20 holders · as of Sep 15, 2026
Strategic holders5.40%1.69M shares
1 holder · as of Nov 14, 2024
Adds to108.68%

31.21M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

These groups come from separate filings that can overlap, so they add to 108.68%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
14.70%4.59Mas of Jun 30, 2026
Oaktree Capital Management LPInstitution
6.17%1.93Mas of Jun 30, 2026
Ameriprise Financial IncInstitution
6.16%1.92Mas of Jun 30, 2026
Dimensional Fund Advisors LPInstitution
5.57%1.74Mas of Jun 30, 2026
Inc.Strategic
5.40%1.69Mfiled Nov 14, 2024

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 11, 2026J. Michael Naumandirector+1,000$19.99
Aug 24, 2026J. Michael Naumandirector+1,000$21.08
Aug 20, 2026J. Michael Naumandirector+1,900$21.96
Aug 19, 2026J. Michael Naumandirector+100$21.98
Aug 14, 2026Aleta W. Richardsdirector+3,000$23.06
View details

  • Service Corporation International

    Scale deathcare network across caskets, memorials and cremation

  • Veralto

    Videojet-led marking, coding and traceability platform

  • Dover

    Markem-Imaje parent in precision marking, coding and traceability

  • Carriage Services

    U.S. funeral and cemetery operator with casket, urn and marker overlap

Compare

CompanyPriceChange
Matthews International$19.94+0.80%$617.2M24.90.6−29.6%
Service Corporation International$78.41+1.10%$10.60B17.317.82.4+3.6%
Veralto$96.14+1.00%$23.20B24.021.34.1+7.5%
Dover$186.27+0.10%$25.06B22.516.63.0+6.9%
Carriage Services$31.60+2.33%$490.1M11.19.11.2+0.8%
Median19.917.22.7+5.2%