Matthews International Divests Business for $350 Million, Streamlining Operations
Written by Emily J. Thompson, Senior Investment Analyst
Source: Newsfilter
Updated: 11 hour ago0mins
- Strategic Review Outcomes: Matthews International realized $350 million in total upfront proceeds from the sale of SGK Brand Solutions in May 2025, while acquiring a 40% stake in Propelis, enhancing shareholder value through cost synergies and growth potential.
- Asset Optimization: The company announced the sale of its Warehouse Automation business to Duravant for $230 million in November 2025, with $223.3 million in cash, which is expected to significantly enhance the company's valuation multiples and improve financial health.
- Debt Management: These transactions are part of Matthews' strategy to reduce debt towards a long-term net leverage ratio goal of 2.5x, demonstrating the company's commitment to financial stability.
- Shareholder Returns: Over the past year, Matthews reduced total debt by $65.6 million and returned over $12 million through share repurchases and $32 million in dividends, further bolstering investor confidence.
MATW.O
$0.0000%Past 6 months
Line
|
Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
No Data
Powered By
Intellectia
Analyst Views on MATW
Wall Street analysts forecast MATW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MATW is 40.00 USD with a low forecast of 40.00 USD and a high forecast of 40.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 24.500
Low
40.00
Averages
40.00
High
40.00
Current: 24.500
Low
40.00
Averages
40.00
High
40.00
No Data
About MATW
Matthews International Corporation is a provider of memorialization products and industrial technologies. The Company operates through two core global businesses: Industrial Technologies and Memorialization. The Industrial Technologies segment includes the design, manufacturing, service and sales of high-tech custom energy storage solutions; product identification and warehouse automation technologies and solutions, including order fulfillment systems for identifying, tracking, picking and conveying consumer and industrial products; and coating and converting lines for the packaging, pharma, foil, decor and tissue industries. The Memorialization segment consists primarily of bronze and granite memorials and other memorialization products, including memorials, caskets and cremation and incineration equipment, primarily for cemetery and funeral home customers that help families move from grief to remembrance.
About the author
Preview
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Sigh Up to Get Intellectia Insights
How did the company's recent strategic decisions impact its latest financial performance?
Can you explain the factors behind the recent changes in the company's stock price?
What are the expected impacts of current market trends on the company's future growth?
Based on the latest earnings report, what are the company's forecasted revenues for the next quarter?