<div id="readability-page-1"><p>Strs Ohio purchased a new stake in shares of  Matrix Service Company (NASDAQ:MTRX - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 39,700 shares of the company's stock, valued at approximately $493,000. Strs Ohio owned approximately 0.14% of Matrix Service at the end of the most recent quarter.</p><div><p><span></span><span>Get <strong>Matrix Service</strong> alerts:</span></p></div><p>A number of other hedge funds and other institutional investors have also modified their holdings of the business. American Century Companies Inc. raised its holdings in shares of  Matrix Service by 83.4% during the 1st quarter. American Century Companies Inc. now owns 540,909 shares of the company's stock valued at $6,723,000 after purchasing an additional 246,020 shares in the last quarter.  CenterBook Partners LP lifted its stake in shares of  Matrix Service by 789.6% in the first quarter. CenterBook Partners LP now owns 536,447 shares of the company's stock worth $6,668,000 after buying an additional 476,148 shares during the last quarter.  Boston Partners lifted its stake in shares of  Matrix Service by 787.1% in the first quarter. Boston Partners now owns 492,772 shares of the company's stock worth $6,123,000 after buying an additional 437,222 shares during the last quarter.  Bank of New York Mellon Corp lifted its stake in shares of  Matrix Service by 244.6% in the first quarter. Bank of New York Mellon Corp now owns 403,385 shares of the company's stock worth $5,014,000 after buying an additional 286,326 shares during the last quarter.  Finally, Russell Investments Group Ltd. lifted its stake in shares of  Matrix Service by 28.2% in the first quarter. Russell Investments Group Ltd. now owns 315,273 shares of the company's stock worth $3,919,000 after buying an additional 69,445 shares during the last quarter. Institutional investors own  78.38% of the company's stock. </p><h2>Matrix Service Price Performance</h2><p>Shares of Matrix Service stock opened at $12.82 on Monday. The firm has a market capitalization of $353.96 million, a PE ratio of -12.21, a price-to-earnings-growth ratio of 1.06 and a beta of 1.13. The company's fifty day moving average price is $14.49 and its two-hundred day moving average price is $13.05. Matrix Service Company has a 52-week low of $9.33 and a 52-week high of $16.10. </p><p>Matrix Service (NASDAQ:MTRX - Get Free Report) last announced its quarterly earnings results on Tuesday, September 9th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.30). The business had revenue of $216.38 million during the quarter, compared to the consensus estimate of $232.25 million. Matrix Service had a negative net margin of 3.83% and a negative return on equity of 17.21%. During the same period last year, the firm earned ($0.14) EPS.  Matrix Service has set its FY 2026 guidance at  EPS. Analysts predict that  Matrix Service Company will post -0.26 earnings per share for the current fiscal year. </p><h2>Insider Buying and Selling at Matrix Service</h2><p>In other news, Director John D. Chandler bought 2,300 shares of the stock in a transaction dated Tuesday, September 16th. The shares were acquired at an average price of $12.74 per share, with a total value of $29,302.00. Following the acquisition, the director owned 78,053 shares in the company, valued at $994,395.22. This trade represents a 3.04% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities &amp; Exchange Commission, which is available through this link. Insiders own  4.10% of the company's stock. </p><h2>Analysts Set New Price Targets</h2><p>Separately, DA Davidson reduced their price objective on shares of Matrix Service from $18.00 to $17.00 and set a &#34;buy&#34; rating for the company in a research note on Thursday, September 11th. One equities research analyst  has rated the stock with a Buy rating,  Based on data from MarketBeat, the stock presently has an average rating of &#34;Buy&#34; and a consensus target price of $17.00.</p><p><b>View Our Latest Report on Matrix Service</b></p><h2>Matrix Service Profile</h2> (Free Report)<p>Matrix Service Company provides engineering, fabrication, construction, and maintenance services to support critical energy infrastructure and industrial markets in the United States, Canada, and internationally. It operates through three segments: Utility and Power Infrastructure; Process and Industrial Facilities; and Storage and Terminal Solutions.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Matrix Service</li><li>Earnings Per Share Calculator: How to Calculate EPS</li><li>3 Overlooked Value Stocks Set to Surge as Rates Drop</li><li>Energy and Oil Stocks Explained</li><li>Hims &amp; Hers Stock Pushes to Highs on Healthcare Rate Cut Frenzy</li><li>Investing In Automotive Stocks</li><li>After the Fed's Rate Cut, PNC Could See a Mortgage Refinance Boom</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TVRSWA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TVRSWA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Matrix Service Right Now?</h2><p>Before you consider Matrix Service, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Matrix Service wasn't on the list.</p><p>While Matrix Service currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

MTRX

<p>Strs Ohio has acquired a new stake in Matrix Service Company (NASDAQ:MTRX), purchasing 39,700 shares valued at approximately $493,000 during the first quarter. Other institutional investors have also increased their holdings significantly. Matrix Service reported a quarterly loss of ($0.28) EPS, missing estimates, with revenue of $216.38 million. Analysts predict a FY 2026 EPS of -0.26. DA Davidson has lowered its price target for the stock from $18.00 to $17.00, maintaining a "buy" rating.</p>

Strs Ohio Takes $493,000 Position in Matrix Service Company $MTRX