52,488 Shares in Mativ Holdings, Inc. (NYSE:MATV) Acquired by Semanteon Capital Management LP

Semanteon Capital Management LP bought a new position in shares of Mativ Holdings, Inc. (NYSE:MATV) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 52,488 shares of the company’s stock, valued at approximately $572,000. Semanteon Capital Management LP owned approximately 0.10% of Mativ as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in MATV. Illinois Municipal Retirement Fund boosted its stake in Mativ by 5.2% in the 4th quarter. Illinois Municipal Retirement Fund now owns 32,258 shares of the company’s stock worth $352,000 after purchasing an additional 1,583 shares during the period. Rhumbline Advisers boosted its stake in Mativ by 1.0% in the 4th quarter. Rhumbline Advisers now owns 169,976 shares of the company’s stock worth $1,853,000 after purchasing an additional 1,649 shares during the period. Point72 DIFC Ltd acquired a new position in Mativ in the 3rd quarter worth approximately $35,000. KBC Group NV boosted its stake in Mativ by 93.2% in the 4th quarter. KBC Group NV now owns 4,787 shares of the company’s stock worth $52,000 after purchasing an additional 2,309 shares during the period. Finally, Franklin Resources Inc. boosted its stake in Mativ by 8.3% in the 3rd quarter. Franklin Resources Inc. now owns 34,362 shares of the company’s stock worth $574,000 after purchasing an additional 2,648 shares during the period. 94.95% of the stock is currently owned by institutional investors.

Mativ Trading Down 2.0 %

Mativ stock opened at $6.13 on Friday. The company has a 50 day moving average price of $8.15 and a 200 day moving average price of $12.27. Mativ Holdings, Inc. has a 52 week low of $5.10 and a 52 week high of $19.96. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.29 and a current ratio of 2.40. The firm has a market capitalization of $333.92 million, a price-to-earnings ratio of -6.81, a P/E/G ratio of 1.08 and a beta of 0.72.

Mativ (NYSE:MATV) last released its earnings results on Wednesday, February 19th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.17). Mativ had a positive return on equity of 3.86% and a negative net margin of 2.46%. The company had revenue of $458.60 million during the quarter, compared to analysts’ expectations of $472.70 million. Research analysts forecast that Mativ Holdings, Inc. will post 1.15 EPS for the current year.

Mativ Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be given a $0.10 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.40 dividend on an annualized basis and a yield of 6.53%. Mativ’s payout ratio is -44.44%.

Mativ Company Profile

Mativ Holdings, Inc, together with its subsidiaries, manufactures and sells specialty materials in the United States, Europe, the Asia Pacific, the Americas, and internationally. The company operates through two segments, Advanced Technical Materials and Fiber-Based Solutions. The Advanced Technical Materials manufactures and sells various engineered polymer, resin and fiber-based substrates, nets, films, adhesive tapes, and other nonwovens for the filtration, protective solutions, release liners, and healthcare end-markets.