MTRXNasdaqConstruction - Special Trade ContractorsFiscal year ends June 30
MATRIX SERVICE CO
Financials through Q4 FY2026, quarter ended Jun 30, 2026Last filing: 10-K on Sep 3, 2026
$10.21+0.19 (+1.90%)
Close on Oct 19, 2026
- Market cap
- $289.90M
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
91.7%
26M of 28M shares
Institutional holders
150
23 new, 14 sold out
Net institutional buying
2M
In Q2 2026
Insider trades, 12 months
0 buys · 11 sales
Net sold $2.54M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 1,920,729 | 6.80% | 13G (passive) amendment | Mar 31, 2026 |
| George A. Needham | 1,420,000 | 5.15% | 13G (passive) | Dec 31, 2024 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of MTRX | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 2,139,456 | 7.56% | $29.31M | +125,239 | 0.00% |
| First Eagle Investment Management, LLC | 1,980,434 | 7.00% | $27.13M | +1,129,625 | 0.02% |
| Needham Investment Management LLC | 1,435,000 | 5.07% | $19.66M | – | 0.59% |
| American Century Companies Inc | 1,206,822 | 4.27% | $16.53M | +225,183 | 0.01% |
| Gendell Jeffrey L | 1,192,529 | 4.22% | $16.34M | −38,778 | 0.14% |
| Vanguard Capital Management LLC | 1,188,393 | 4.20% | $16.28M | −8,394 | 0.00% |
| Acadian Asset Management LLC | 871,501 | 3.08% | $11.93K | +395,412 | 0.01% |
| Harvey Partners, LLC | 815,023 | 2.88% | $11.17M | −89,977 | 0.76% |
| Two Sigma Investments, LP | 748,118 | 2.64% | $10.25M | +110,427 | 0.01% |
| Geode Capital Management, LLC | 721,322 | 2.55% | $9.89M | +35,949 | 0.00% |
| Azarias Capital Management, L.P. | 673,692 | 2.38% | $9.23M | −143,329 | 4.02% |
| Dimensional Fund Advisors LP | 665,266 | 2.35% | $9.11M | +1,327 | 0.00% |
| Westerly Capital Management, LLC | 595,930 | 2.11% | $8.16M | −369,070 | 1.51% |
| Aqr Capital Management LLC | 594,197 | 2.10% | $8.14M | +95,256 | 0.00% |
| State Street Corp | 581,006 | 2.05% | $7.96M | +35,521 | 0.00% |
| First Wilshire Securities Management Inc | 517,121 | 1.83% | $7.08M | −5,717 | 1.46% |
| JPMorgan Chase & Co | 460,466 | 1.63% | $6.31M | +185,159 | 0.00% |
| Bank of New York Mellon Corp | 457,365 | 1.62% | $6.27M | −9,532 | 0.00% |
| Morgan Stanley | 437,019 | 1.54% | $5.99M | +134,321 | 0.00% |
| Citadel Advisors LLC | 426,023 | 1.51% | $5.84M | −46,024 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 150 | 26M | 91.7% | 23 / 67 | 42 / 14 | 4M | 3M |
| Q1 2026 | 144 | 24M | 85.8% | 21 / 63 | 46 / 19 | 5M | 4M |
| Q4 2025 | 144 | 25M | 86.7% | 21 / 58 | 49 / 17 | 3M | 3M |
| Q3 2025 | 143 | 24M | 85.4% | 31 / 53 | 40 / 12 | 4M | 4M |
| Q2 2025 | 124 | 24M | 85.5% | 19 / 46 | 41 / 17 | 3M | 2M |
| Q1 2025 | 122 | 24M | 83.6% | 19 / 44 | 44 / 17 | 4M | 3M |
| Q4 2024 | 123 | 23M | 80.4% | 18 / 40 | 45 / 12 | 1M | 2M |
| Q3 2024 | 117 | 23M | 82.6% | 20 / 52 | 28 / 14 | 7M | 3M |
| Q2 2024 | 112 | 23M | 80.2% | 22 / 40 | 41 / 20 | 4M | 4M |
| Q1 2024 | 110 | 23M | 81.1% | 18 / 43 | 38 / 11 | 5M | 3M |
| Q4 2023 | 103 | 22M | 76.1% | 24 / 44 | 29 / 8 | 3M | 2M |
| Q3 2023 | 87 | 21M | 73.1% | 18 / 29 | 28 / 12 | 2M | 2M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of MTRX | Value | % of fund | As of |
|---|---|---|---|---|---|
| Needham Aggressive Growth Fund | 1,435,000 | 5.07% | $19.66M | 0.75% | Jun 30, 2026 |
| Avantis U.S. Small Cap Value ETF | 937,547 | 3.31% | $12.31M | 0.05% | May 31, 2026 |
| First Eagle Small Cap Opportunity Fund | 883,825 | 3.12% | $10.25M | 0.35% | Jul 31, 2026 |
| Vanguard Total Stock Market Index Fund | 839,781 | 2.97% | $11.50M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 705,963 | 2.50% | $9.67M | 0.01% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 316,995 | 1.12% | $4.34M | 0.00% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 296,129 | 1.05% | $3.44M | 0.01% | Jul 31, 2026 |
| iShares Russell 2000 Value ETF | 199,442 | 0.70% | $2.73M | 0.02% | Jun 30, 2026 |
| Allspring Small Company Value Portfolio | 199,097 | 0.70% | $2.31M | 0.35% | Jul 31, 2026 |
| Fidelity Extended Market Index Fund | 146,874 | 0.52% | $1.93M | 0.00% | May 31, 2026 |
| Vanguard Russell 2000 Index Fund | 139,040 | 0.49% | $1.83M | 0.01% | May 31, 2026 |
| Small Cap Portfolio | 123,678 | 0.44% | $1.69M | 0.46% | Jun 30, 2026 |
| U.S. Small Cap Portfolio | 120,001 | 0.42% | $1.39M | 0.01% | Jul 31, 2026 |
| BNY Mellon Small Cap Value Fund | 105,329 | 0.37% | $1.44M | 0.47% | Jun 30, 2026 |
| North Square Dynamic Small Cap Fund | 103,382 | 0.37% | $1.36M | 0.17% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Shawn P. Payne | President & CEO, Director | 125,054 | 0.44% | Aug 31, 2026 |
| John R. Hewitt | President & CEO, Director | 581,806 | 2.06% | May 12, 2026 |
| Andrew John Smith | Chief Financial Officer | 9,693 | 0.03% | Sep 14, 2026 |
| David (James) Miller | VP & General Counsel | 20,547 | 0.07% | Sep 4, 2026 |
| Justin D. Sheets | SVP, Enterprise Services | 73,012 | 0.26% | Aug 31, 2026 |
| Kevin S. Cavanah | VP Finance & CFO | 86,959 | 0.31% | Aug 31, 2026 |
| Nancy E. Austin | VP, Chief Admin Officer | 108,138 | 0.38% | Feb 19, 2026 |
| Douglas J. Montalbano | President, Matrix NAC | 55,536 | 0.20% | Sep 2, 2025 |
| James Harry Miller | Director | 92,078 | 0.33% | Nov 5, 2025 |
| Carlin G. Conner | Director | 55,219 | 0.20% | Nov 5, 2025 |
| Jose Luis M. Bustamante | Director | 41,624 | 0.15% | Nov 5, 2025 |
| Martha Z. Carnes | Director | 71,183 | 0.25% | Nov 5, 2025 |
| Liane K. Hinrichs | Director | 64,288 | 0.23% | Nov 5, 2025 |
| John D. Chandler | Director | 86,039 | 0.30% | Nov 5, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| David (James) Miller VP & General Counsel | Aug 30, 2026 | Tax withholding | −380 | $10.83 | $4.12K | 23,366 |
| David (James) Miller VP & General Counsel | Aug 30, 2026 | Returned to company | −967 | $10.83 | $10.47K | 23,746 |
| David (James) Miller VP & General Counsel | Aug 30, 2026 | Option exercise | +967 | – | – | 24,713 |
| Shawn P. Payne President & CEO, Director | Aug 30, 2026 | Returned to company | −2,817 | $10.83 | $30.51K | 125,054 |
| Shawn P. Payne President & CEO, Director | Aug 30, 2026 | Option exercise | +2,817 | – | – | 127,871 |
| Shawn P. Payne President & CEO, Director | Aug 30, 2026 | Tax withholding | −1,108 | $10.83 | $12.00K | 123,946 |
| Kevin S. Cavanah VP Finance & CFO | Aug 30, 2026 | Option exercise | +4,569 | – | – | 86,959 |
| Kevin S. Cavanah VP Finance & CFO | Aug 30, 2026 | Returned to company | −4,569 | $10.83 | $49.48K | 82,390 |
| Kevin S. Cavanah VP Finance & CFO | Aug 30, 2026 | Tax withholding | −1,576 | $10.83 | $17.07K | 80,814 |
| Justin D. Sheets SVP, Enterprise Services | Aug 30, 2026 | Option exercise | +2,576 | – | – | 73,012 |
| Justin D. Sheets SVP, Enterprise Services | Aug 30, 2026 | Returned to company | −2,576 | $10.83 | $27.90K | 70,436 |
| Justin D. Sheets SVP, Enterprise Services | Aug 30, 2026 | Tax withholding | −962 | $10.83 | $10.42K | 69,474 |
| David (James) Miller VP & General Counsel | Aug 29, 2026 | Tax withholding | −932 | $10.83 | $10.09K | 23,746 |
| David (James) Miller VP & General Counsel | Aug 29, 2026 | Returned to company | −2,370 | $10.83 | $25.67K | 24,678 |
| David (James) Miller VP & General Counsel | Aug 29, 2026 | Option exercise | +2,370 | – | – | 27,048 |
| Shawn P. Payne President & CEO, Director | Aug 29, 2026 | Tax withholding | −1,604 | $10.83 | $17.37K | 125,054 |
| Shawn P. Payne President & CEO, Director | Aug 29, 2026 | Returned to company | −4,077 | $10.83 | $44.15K | 126,658 |
| Shawn P. Payne President & CEO, Director | Aug 29, 2026 | Option exercise | +4,077 | – | – | 130,735 |
| Kevin S. Cavanah VP Finance & CFO | Aug 29, 2026 | Returned to company | −6,176 | $10.83 | $66.89K | 84,520 |
| Kevin S. Cavanah VP Finance & CFO | Aug 29, 2026 | Tax withholding | −2,130 | $10.83 | $23.07K | 82,390 |
| Kevin S. Cavanah VP Finance & CFO | Aug 29, 2026 | Option exercise | +6,176 | – | – | 90,696 |
| Justin D. Sheets SVP, Enterprise Services | Aug 29, 2026 | Returned to company | −3,482 | $10.83 | $37.71K | 71,736 |
| Justin D. Sheets SVP, Enterprise Services | Aug 29, 2026 | Tax withholding | −1,300 | $10.83 | $14.08K | 70,436 |
| Justin D. Sheets SVP, Enterprise Services | Aug 29, 2026 | Option exercise | +3,482 | – | – | 75,218 |
| David (James) Miller VP & General Counsel | Aug 27, 2026 | Option exercise | +1,702 | – | – | 27,681 |
| David (James) Miller VP & General Counsel | Aug 27, 2026 | Returned to company | −1,702 | $10.91 | $18.57K | 25,979 |
| David (James) Miller VP & General Counsel | Aug 27, 2026 | Tax withholding | −669 | $10.91 | $7.30K | 25,310 |
| David (James) Miller VP & General Counsel | Aug 27, 2026 | Option exercise | +1,607 | – | – | 26,917 |
| David (James) Miller VP & General Counsel | Aug 27, 2026 | Returned to company | −1,607 | $10.91 | $17.53K | 25,310 |
| David (James) Miller VP & General Counsel | Aug 27, 2026 | Tax withholding | −632 | $10.91 | $6.90K | 24,678 |
| Shawn P. Payne President & CEO, Director | Aug 27, 2026 | Option exercise | +2,843 | – | – | 135,459 |
| Shawn P. Payne President & CEO, Director | Aug 27, 2026 | Tax withholding | −3,226 | $10.91 | $35.20K | 126,658 |
| Shawn P. Payne President & CEO, Director | Aug 27, 2026 | Returned to company | −2,843 | $10.91 | $31.02K | 132,616 |
| Shawn P. Payne President & CEO, Director | Aug 27, 2026 | Tax withholding | −1,118 | $10.91 | $12.20K | 131,498 |
| Shawn P. Payne President & CEO, Director | Aug 27, 2026 | Option exercise | +4,104 | – | – | 135,602 |
| Shawn P. Payne President & CEO, Director | Aug 27, 2026 | Returned to company | −4,104 | $10.91 | $44.77K | 131,498 |
| Shawn P. Payne President & CEO, Director | Aug 27, 2026 | Tax withholding | −1,614 | $10.91 | $17.61K | 129,884 |
| Kevin S. Cavanah VP Finance & CFO | Aug 27, 2026 | Option exercise | +4,307 | – | – | 91,420 |
| Kevin S. Cavanah VP Finance & CFO | Aug 27, 2026 | Returned to company | −4,307 | $10.91 | $46.99K | 87,113 |
| Kevin S. Cavanah VP Finance & CFO | Aug 27, 2026 | Tax withholding | −1,485 | $10.91 | $16.20K | 85,628 |
| Kevin S. Cavanah VP Finance & CFO | Aug 27, 2026 | Option exercise | +3,009 | – | – | 88,637 |
| Kevin S. Cavanah VP Finance & CFO | Aug 27, 2026 | Returned to company | −3,009 | $10.91 | $32.83K | 85,628 |
| Kevin S. Cavanah VP Finance & CFO | Aug 27, 2026 | Tax withholding | −1,108 | $10.91 | $12.09K | 84,520 |
| Justin D. Sheets SVP, Enterprise Services | Aug 27, 2026 | Option exercise | +2,429 | – | – | 75,705 |
| Justin D. Sheets SVP, Enterprise Services | Aug 27, 2026 | Returned to company | −1,697 | $10.91 | $18.51K | 72,369 |
| Justin D. Sheets SVP, Enterprise Services | Aug 27, 2026 | Tax withholding | −633 | $10.91 | $6.91K | 71,736 |
| Justin D. Sheets SVP, Enterprise Services | Aug 27, 2026 | Option exercise | +1,697 | – | – | 74,066 |
| Justin D. Sheets SVP, Enterprise Services | Aug 27, 2026 | Tax withholding | −907 | $10.91 | $9.90K | 72,369 |
| Justin D. Sheets SVP, Enterprise Services | Aug 27, 2026 | Returned to company | −2,429 | $10.91 | $26.50K | 73,276 |
| David (James) Miller VP & General Counsel | Aug 25, 2026 | Award | +5,432 | – | – | 25,979 |
| Shawn P. Payne President & CEO, Director | Aug 25, 2026 | Award | +30,437 | – | – | 132,616 |
| Justin D. Sheets SVP, Enterprise Services | Aug 25, 2026 | Award | +8,939 | – | – | 73,276 |
| Kevin S. Cavanah VP Finance & CFO | Jun 15, 2026 | Sale(10b5-1 plan) | −1,418 | $14.03 | $19.89K | 87,113 |
| Justin D. Sheets SVP, Enterprise Services | Jun 12, 2026 | Sale | −16,991 | $13.50 | $229.38K | 64,337 |
| Kevin S. Cavanah VP Finance & CFO | Jun 12, 2026 | Sale(10b5-1 plan) | −2,073 | $14.00 | $29.02K | 88,531 |
| Kevin S. Cavanah VP Finance & CFO | Jun 5, 2026 | Sale(10b5-1 plan) | −6,509 | $14.13 | $91.97K | 90,604 |
| Kevin S. Cavanah VP Finance & CFO | Jun 4, 2026 | Sale(10b5-1 plan) | −50,000 | $14.10 | $705.00K | 97,113 |
| Kevin S. Cavanah VP Finance & CFO | May 26, 2026 | Sale(10b5-1 plan) | −60,000 | $12.90 | $774.00K | 147,113 |
| John R. Hewitt President & CEO, Director | May 8, 2026 | Sale | −36,000 | $12.50 | $450.00K | 581,806 |
| Nancy E. Austin VP, Chief Admin Officer | Feb 18, 2026 | Sale | −4,193 | $11.29 | $47.34K | 106,138 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Sheets Justin Officer | Jun 12, 2026 | 16,991 | $229.38K | Jun 12, 2026 | Restricted Stock |
| Kevin S. Cavanah Officer | Jun 4, 2026 | 60,000 | $840.00K | Jun 4, 2026 | Restricted Stock |
| Kevin S. Cavanah Officer | May 26, 2026 | 60,000 | $763.80K | May 26, 2026 | Restricted Stock |
| John R. Hewitt Officer, Director | May 11, 2026 | 36,000 | $437.76K | May 8, 2026 | STOCK AWARD |
| P. Payne Shawn Officer | Nov 25, 2025 | 5,231 | $59.74K | Nov 25, 2025 | Restricted Stock |
| P. Payne Shawn Officer | Nov 20, 2025 | 3,019 | $34.49K | Nov 20, 2025 | Restricted Stock |
| P. Payne Shawn Officer | Nov 12, 2025 | 8,250 | $103.75K | Nov 11, 2025 | Restricted Stock |
| Kevin A. Durkin Officer | Mar 22, 2024 | 3,900 | $51.25K | Mar 22, 2024 | RETAIL PURCHASE |
| John R. Hewitt Officer, Director | Mar 20, 2024 | 10,000 | $129.90K | Mar 20, 2024 | STOCK AWARD |
| Justin D. Sheets Officer | Dec 5, 2023 | 10,961 | $108.40K | Dec 5, 2023 | PERFORMANCE SHARES |