Matthews Intl Corp Stock Price, News & Analysis

Matthews International (NASDAQ: MATW) announced a notice of redemption for all outstanding 8.625% Senior Secured Second Lien Notes due 2027, with an aggregate principal amount of $300,000,000. The redemption date is January 22, 2026. The redemption price is 104.313% of principal plus accrued and unpaid interest to, but not including, the redemption date. A notice is being sent to all currently registered holders. This press release is stated as informational and does not itself constitute an offer or solicitation to purchase the Notes.

Matthews International (Nasdaq: MATW) will release first quarter fiscal 2026 earnings after market close on Tuesday, February 3, 2026. The company will host a conference call and webcast to discuss results and outlook on Wednesday, February 4, 2026 at 9:00 a.m. ET, with President & CEO Joseph C. Bartolacci and CFO Daniel E. Stopar participating and a Q&A to follow.

Dial-in phone: 203-518-9856 (Conference ID: Matthews). A webcast and slide presentation will be available, and a transcript will be posted afterward in Investor Relations.

Matthews International (NASDAQ: MATW) closed the sale of its European roto-gravure packaging and tooling businesses on Jan 7, 2026 for total consideration of $41 million. The consideration comprises $22 million of cash, $12 million of assumed debt and pension liabilities, and $7 million of seller financing. Cash proceeds of $18 million were received at closing and the remaining $4 million is due within six months. The sold businesses had adjusted EBITDA of approximately break-even for each of the past two fiscal years on sales of about $100 million per year. The company said all cash proceeds will be applied immediately to debt reduction.

Matthews International (NASDAQ: MATW) announced the closing of the sale of its Warehouse Automation business to Duravant, LLC on Dec. 31, 2025. Matthews received $232.1 million in total consideration, consisting of $225.4 million cash plus assumption of certain liabilities. The Warehouse Automation business reported $72 million in sales for fiscal 2025. The company said proceeds, net of taxes and transaction costs, will be used to significantly reduce outstanding debt as part of an ongoing strategic alternatives review and toward a long-term net leverage ratio goal of 2.5x.

Matthews (NASDAQ: MATW) updated shareholders on strategic actions that have simplified its portfolio, generated significant proceeds and strengthened the balance sheet while confirming receipt of a second consecutive director nomination notice from Barington Capital.

Key facts: sale of SGK Brand Solutions closed May 2025 for $350M plus a 40% Propelis stake; announced sale of Warehouse Automations for $230M (including $223.3M cash) expected to close before fiscal 2026 Q2 end; debt reduction of $65.6M in the fiscal year; $12M repurchases and $32M dividends; quarterly dividend raised to $0.255 per share.

Matthews International (NASDAQ: MATW) reported Q4 sales of $318.8M and fiscal 2025 sales of $1.50B. The company said consolidated adjusted EBITDA for FY2025, including its 40% share of Propelis, was approximately $200M.

On May 1, 2025 Matthews contributed SGK to Propelis receiving 40% equity, $50M preferred equity, $50M receivables, and $250M cash ($228M net). Propelis estimated adjusted EBITDA of $32.2M for Jul–Sep 2025 (Matthews 40% = $12.9M).

The company expects the pending warehouse automation sale to reduce net leverage below 3.0x and targets consolidated adjusted EBITDA (including 40% of Propelis) of at least $180M for fiscal 2026.

Matthews International (NASDAQ: MATW) announced a quarterly dividend of $0.255 per share, representing an increase to the company’s quarterly dividend rate and marking the 32nd consecutive dividend increase. The Board declared the dividend at its regularly scheduled meeting on Nov 19, 2025. The dividend is payable Dec 15, 2025 to stockholders of record Dec 1, 2025. Management cited long‑term growth strategies, strong cash generation from the Memorialization segment, and expected cash proceeds from a pending sale of the warehouse automation business as the basis for the increase.

Matthews International (NASDAQ: MATW) announced that its Board has unanimously elected J. Michael Nauman to succeed Alvaro Garcia-Tunon as Board Chairman, effective following the 2026 Annual Meeting of Shareholders. Nauman, first elected to the Matthews Board at the 2025 annual meeting, brings over 35 years of commercial, strategic, and financial experience, including roles as CEO of Brady Corporation and EVP at Molex. Garcia-Tunon will retire from the Board when his term expires at the 2026 meeting after serving as Chair since 2022 and as a director for the past 15 years. Company leadership praised both directors' contributions and noted the transition aligns with Matthews’ ongoing transformation efforts.

Duravant (MATW) announced a definitive agreement to acquire Matthews Automation Solutions, a provider of Warehouse Execution System (WES) and Warehouse Control System (WCS) software, controls, and integration services, on November 13, 2025.

Matthews Automation Solutions—known for Pyramid, Compass, Nexus, and Lightning Pick brands—will join Duravant’s Material Handling group and operate from hubs in Cincinnati, OH and Pewaukee, WI. Duravant said the acquisition adds advanced software and controls engineering capabilities to its operating companies (FMH Conveyors, NPI, QC Conveyors, Motion06) to deliver integrated WES/WCS-enabled material flow and order fulfillment solutions for ecommerce, retail, parcel, and logistics clients.

The transaction is subject to customary regulatory approvals and is expected to close before March 31, 2026.