Matthews International Corporation Class A (MATW)

In October 2025, Matthews International Corp. reported Q3 2025 earnings that surpassed analyst expectations, but analysts noted fundamental red flags and Weiss Ratings reiterated a "sell (d)" rating, while Wall Street Zen upgraded the stock from "sell" to "hold" in August 2025; the company also announced it prevailed in a federal court ruling affirming an arbitration award against Tesla. In August 2025, the company reported increased GAAP earnings per share and higher adjusted EBITDA for Memorialization and Industrial Technologies segments, and reduced outstanding debt. In May 2025, Matthews International reported lower consolidated sales and a net loss, impacted by lower sales in the Industrial Technologies and Memorialization segments, but highlighted increased energy storage solutions customer quotes and the expected closure of the SGK transaction. In February 2025, the company reported decreased sales and a net loss, attributed to lower sales in the Industrial Technologies and Memorialization segments, with the Industrial Technologies segment impacted by a slowdown in the Tesla project and litigation. In January 2025, Matthews International Corp. affirmed its commitment to long-term value creation, highlighting the strategic sale of SGK Brand Solutions, which resulted in a stock price increase.

The Memorialization segment benefits from relatively stable demand driven by mortality rates, although sales have seen declines due to lower unit volumes of caskets and granite memorial products. The Industrial Technologies segment has experienced fluctuations, including slow shipments and installations for energy storage products and soft demand for warehouse solutions. The SGK Brand Solutions segment has shown more stable market conditions and has benefited from improved pricing and growth in Asia Pacific.

Matthews International Corp. is a diversified global manufacturing and marketing company operating through three segments: SGK Brand Solutions, Memorialization, and Industrial Technologies. SGK Brand Solutions offers packaging solutions, branding, and creative design services. The Memorialization segment manufactures and distributes caskets, cremation equipment, and cemetery memorials, serving cemetery and funeral home customers. The Industrial Technologies segment provides marking and coding equipment, warehouse automation solutions, and is actively developing energy storage solutions for various manufacturing industries.

Matthews International Corp. serves customers across more than 25 countries and is headquartered in Pittsburgh, Pennsylvania, USA.

Matthews International Corp. is noted for having strong brand recognition within its niche markets. The Industrial Technologies segment has been impacted by meritless litigation with Tesla. The strategic sale of SGK Brand Solutions was met with positive market confidence.

Matthews International Corp. has a diverse ownership structure, with institutional shareholders holding approximately 83% of the company's stock as of October 2022, or approximately 48.48% to 21.79% according to more recent data, individual investors holding a significant portion, with one source indicating 13% and another suggesting 46.62%, and insiders owning approximately 4.90% to 6.67% of the shares. Major institutional owners include BlackRock, Inc., The Vanguard Group, Inc., Ameriprise Financial Inc., Dimensional Fund Advisors LP, Gamco Investors Inc Et Al 1, State Street Corp, Allspring Global Investments Holdings LLC, Boston Partners, Barington Capital Group LP, and Geode Capital Management LLC. Joseph C. Bartolacci, the company's President and Chief Executive Officer, is a significant individual shareholder.