Core Insights - Boston Partners increased its stake in Matrix Service Company by 71.5% in Q2, owning 844,966 shares valued at approximately $11.42 million [2] - Other institutional investors also raised their positions, with American Century Companies increasing by 24.1%, Azarias Capital Management by 9.9%, and CenterBook Partners by 789.6% [3] - Institutional investors collectively own 78.38% of Matrix Service's stock [3] Financial Performance - Matrix Service reported a quarterly revenue of $211.88 million, exceeding analysts' expectations of $206.66 million [5] - The company had an EPS of ($0.01), surpassing the consensus estimate of ($0.03) by $0.02 [5] - The firm has set its FY 2026 guidance at EPS, with analysts predicting an EPS of -0.26 for the current fiscal year [5] Stock Performance - Matrix Service's stock opened at $11.69, with a 12-month low of $9.33 and a high of $16.10 [4] - The company has a market capitalization of $328.78 million, a P/E ratio of -11.13, and a PEG ratio of 1.23 [4] Analyst Ratings - DA Davidson maintains a "buy" rating with a price target of $17.00, while Weiss Ratings has a "sell (d-)" rating [7] - The average rating for Matrix Service is "Hold" with a consensus target price of $17.00 [7] Insider Activity - Director John D. Chandler acquired 2,300 shares at an average cost of $12.74, increasing his ownership by 3.04% [6] - Insider Shawn P. Payne sold 8,250 shares at an average price of $12.58, representing a 6.95% decrease in his position [6] - Company insiders own 4.40% of the stock [6] Company Overview - Matrix Service Company provides engineering, fabrication, construction, and maintenance services for energy infrastructure and industrial markets [9] - The company operates through three segments: Utility and Power Infrastructure, Process and Industrial Facilities, and Storage and Terminal Solutions [9]