Matrix Service (MTRX)

• Market cap: $326M
• 1 day: -1.01%
• 5 days: -2.88%
• 1 month: -11.79%
• 3 months: 2.52%
• 6 months: 24.95%
• Year to date: 23.13%
• 1 year: 23.13%
• 5 years: -47.75%
• 10 years: -47.40%
• Sector: Industrials
• Industry: Construction Special Trade Contractors

About: Matrix Service Co is an engineering and construction provider for large industrial projects, primarily in the oil and gas, power, petrochemical, industrial, mining, and minerals markets. It offers engineering, fabrication, construction, and maintenance services, operating across three segments namely Utility and Power Infrastructure; Process and Industrial Facilities; and Storage and Terminal Solutions.

Employees: 2,064

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

700% more call options, than puts

Call options by funds: $48K | Put options by funds: $6K

72% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 29

40% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 15

33% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 4 (+1) [Q3]

19% more capital invested

Capital invested by funds: $226M [Q2] → $269M (+$43.3M) [Q3]

5% more funds holding

Funds holding: 111 [Q2] → 117 (+6) [Q3]

1.49% more ownership

Funds ownership: 83.35% [Q2] → 84.84% (+1.49%) [Q3]