Matrix Service Company released its Fiscal 2025 Sustainability Report, emphasizing safety, labor development, and climate change assessment initiatives.
Quiver AI Summary
Matrix Service Company has released its Fiscal 2025 Sustainability Report, emphasizing its dedication to sustainability in meeting the increasing demand for energy and industrial infrastructure in North America. CEO John R. Hewitt highlights that sustainability is a core aspect of the company's strategy and value creation. The report showcases advancements in safety and health initiatives, improvements in labor recruitment and employee development, and an assessment of climate-related risks in collaboration with third-party experts. It also includes the company's transparency regarding greenhouse gas emissions and its commitment to regulatory compliance in environmental and social governance. The report follows the company's progress towards profitability and organizational refinements, positioning it for future growth. The Sustainability Report is available on the company’s investor relations website.
Potential Positives
- Matrix Service Company demonstrates its dedication to sustainability through the release of its Fiscal 2025 Sustainability Report, reinforcing its role in addressing energy and industrial infrastructure demands.
- The report highlights significant improvements in safety performance and initiatives to support mental health in the construction industry, showcasing the company's commitment to employee well-being.
- The identification and reporting of Scope 3 GHG emissions reflects a commitment to transparency and accountability in environmental governance.
- The release indicates progress toward profitability and a robust project backlog, positioning Matrix Service Company for significant growth opportunities ahead.
Potential Negatives
- It is noted that the company is on a "journey back to profitability," which may indicate past financial struggles that could impact investor confidence.
- The mention of "ongoing efforts" to ensure compliance with ESG-specific regulatory reporting implies potential current weaknesses or challenges in meeting these standards.
- The forward-looking statements warn of risks and uncertainties that could materially affect the company's operations and financial condition, suggesting that external factors could hinder future performance.
FAQ
What is the focus of Matrix Service Company's FY 2025 Sustainability Report?
The report highlights the company's commitment to sustainability and its role in energy and industrial infrastructure development.
How does Matrix prioritize safety in its operations?
Safety is the top priority, with significant strides made to improve overall safety performance and mental health initiatives through the Matrix C.A.R.E.S. program.
What initiatives are included in Matrix's employee development strategy?
Matrix enhances recruitment strategies with a comprehensive onboarding process and robust training and development opportunities for its workforce.
How does Matrix address climate change in its sustainability efforts?
Matrix evaluates its climate-related risks and opportunities in partnership with third-party experts, affirming its ESG strategy.
Where can I access the FY 2025 Sustainability Report?
The report is available for download on Matrix Service Company's investor relations website.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$MTRX Insider Trading Activity
$MTRX insiders have traded $MTRX stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $MTRX stock by insiders over the last 6 months:
- JOHN D CHANDLER purchased 2,300 shares for an estimated $29,313
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$MTRX Hedge Fund Activity
We have seen 63 institutional investors add shares of $MTRX stock to their portfolio, and 67 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MILLENNIUM MANAGEMENT LLC added 430,207 shares (+inf%) to their portfolio in Q2 2025, for an estimated $5,812,096
- FIRST WILSHIRE SECURITIES MANAGEMENT INC removed 428,191 shares (-32.2%) from their portfolio in Q2 2025, for an estimated $5,784,860
- CENTERBOOK PARTNERS LP removed 312,014 shares (-58.2%) from their portfolio in Q2 2025, for an estimated $4,215,309
- HARVEY PARTNERS, LLC removed 311,238 shares (-20.3%) from their portfolio in Q2 2025, for an estimated $4,204,825
- WESTERLY CAPITAL MANAGEMENT, LLC removed 198,000 shares (-19.4%) from their portfolio in Q2 2025, for an estimated $2,674,980
- FIRST EAGLE INVESTMENT MANAGEMENT, LLC added 192,000 shares (+60.5%) to their portfolio in Q2 2025, for an estimated $2,593,920
- PRUDENTIAL FINANCIAL INC added 190,595 shares (+inf%) to their portfolio in Q1 2025, for an estimated $2,369,095
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$MTRX Analyst Ratings
Wall Street analysts have issued reports on $MTRX in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- DA Davidson issued a "Buy" rating on 09/11/2025
To track analyst ratings and price targets for $MTRX, check out Quiver Quantitative's $MTRX forecast page.
Full Release
TULSA, Okla., Sept. 23, 2025 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading provider of engineering and construction services to the energy and industrial markets, is proud to announce the release of its Fiscal 2025 Sustainability Report. The report highlights the company’s ongoing commitment to sustainability, and the crucial role it plays in addressing the growing demand for energy and industrial infrastructure across North America.
“As we navigate an increasingly complex operating environment, our focus is on delivering infrastructure solutions that not only meet our clients’ goals but also improve quality of life,” said President and CEO John R. Hewitt. “At Matrix, sustainability is more than a principle; it is the foundation of our strategic approach and value creation.”
Key highlights from the Fiscal 2025 Sustainability Report include:
-
Safety and Health
: With safety as our top priority, the company has made significant strides in improving our overall safety performance. Additionally, the company’s Matrix C.A.R.E.S. program continues to advance initiatives aimed at ending the stigma around mental health within the construction industry.
-
Labor Recruitment and Employee Development
: Matrix has enhanced its recruitment strategies, complemented by a comprehensive onboarding process and robust training and development opportunities for its workforce.
-
Climate Change Assessment
: In partnership with third-party experts, Matrix evaluated its climate-related risks and opportunities, affirming its ESG strategy.
-
GHG Scope 3 Emissions Reporting
: In addition to continued reporting of Scope 1 and 2 GHG emissions, the company successfully identified and reported on material Scope 3 emissions at its corporate and regional offices, further demonstrating its commitment to transparency and accountability.
-
Regulatory Compliance
: Ongoing efforts are in place to ensure compliance with ESG-specific regulatory reporting as Matrix continues to uphold high standards in its environmental and social governance practices.
This report comes following significant progress made by the company in Fiscal 2025 in its journey back to profitability, marked by a robust project backlog and progress on critical multi-year projects, and organizational refinement to ensure the company is well-positioned for the significant growth opportunities ahead.
“Matrix Service Company is dedicated to continuous improvement and meeting the diverse needs of our stakeholders, including shareholders, employees, clients, suppliers, and communities,” said Hewitt. “As we build the infrastructure that meets today’s demands, we also remain focused on empowering future generations.”
The FY 2025 Sustainability Report is available for download on the company’s investor relations website.
ABOUT MATRIX SERVICE COMPANY. Matrix Service Company (Nasdaq: MTRX) is a leading specialty engineering and construction company whose commitment to safety, quality, and integrity has earned the Company a leadership position in providing infrastructure solutions across multiple end markets. Our work is foundational to helping our energy and industrial clients achieve their objectives, positively impact quality of life through the products they provide and improve the efficiency and resilience of their critical infrastructure. We pride ourselves on our commitment to our culture and core values, offering an inclusive and respectful work environment, and being certified as a Great Place To Work®.
The Company is headquartered in Tulsa, Oklahoma with offices located throughout the United States and Canada, as well as Sydney, Australia, and Seoul, South Korea. The Company reports its financial results in three key operating segments: Utility and Power Infrastructure, Process and Industrial Facilities, and Storage and Terminal Solutions.
To learn more about Matrix Service Company, visit matrixservicecompany.com
This release contains forward-looking statements that are made in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are generally accompanied by words such as “anticipate,” “continues,” “expect,” “forecast,” “outlook,” “believe,” “estimate,” “should” and “will” and words of similar effect that convey future meaning, concerning the Company’s operations, economic performance and management’s best judgment as to what may occur in the future. Future events involve risks and uncertainties that may cause actual results to differ materially from those we currently anticipate. The actual results for the current and future periods and other corporate developments will depend upon a number of economic, competitive and other influences, including the successful implementation of the Company's business improvement plan and the factors discussed in the “Risk Factors” and “Forward Looking Statements” sections and elsewhere in the Company’s reports and filings made from time to time with the Securities and Exchange Commission. Many of these risks and uncertainties are beyond the control of the Company, and any one of which, or a combination of which, could materially and adversely affect the results of the Company's operations and its financial condition. We undertake no obligation to update information contained in this release, except as required by law.
For more information, please contact:
Kellie Smythe
Senior Director, Investor Relations, Marketing, Communications & Sustainability
T: 918-359-8267
Email: [email protected]