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Matthews International Reaches Standstill Agreement With Activist Investor

Story Highlights
  • On January 15, 2026, Matthews struck a deal with Barington, ending a potential proxy contest.
  • Barington gains expense reimbursement and accepts standstill, backing Matthews’ long-term value strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Matthews International Reaches Standstill Agreement With Activist Investor

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The latest update is out from Matthews International ( (MATW) ).

On January 15, 2026, Matthews International Corporation announced an agreement with activist investor Barington Capital and its affiliates under which Barington will withdraw its director nominations for the company’s 2026 annual meeting, ending a potential proxy contest after a lengthy period of engagement on strategic review and corporate governance. In exchange, Matthews will reimburse certain fees and expenses incurred by Barington, while Barington has agreed to standstill and voting commitments through the 2028 annual meeting, aligning its voting with the board’s recommendations and accepting restrictions on proxy solicitations, shareholder proposals and director nominations; company leadership framed the deal as a constructive resolution that supports ongoing efforts to simplify Matthews’ business mix, strengthen its balance sheet, enhance governance and drive long-term shareholder value, while Barington signaled confidence that Matthews’ continuing strategic review and value-creation plan can unlock greater near- and long-term returns for investors.

The most recent analyst rating on (MATW) stock is a Hold with a $30.00 price target. To see the full list of analyst forecasts on Matthews International stock, see the MATW Stock Forecast page.

Spark’s Take on MATW Stock

According to Spark, TipRanks’ AI Analyst, MATW is a Neutral.

The score is held back primarily by weak financial performance (losses, negative operating cash flow, and high leverage). Offsetting factors include strong technical momentum, a supportive earnings outlook focused on EBITDA improvement and debt reduction via divestitures, and an above-average dividend yield despite loss-driven valuation limitations.

To see Spark’s full report on MATW stock, click here.

More about Matthews International

Matthews International Corporation operates through two global businesses, Industrial Technologies and Memorialization, focusing on operational efficiency and long-term growth through innovation and strategic expansion. Its Industrial Technologies segment, evolved from the company’s original marking business, provides precision technologies and intelligent process solutions, while the Memorialization segment supplies memorial products such as memorials, caskets, and cremation and incineration equipment primarily to cemeteries and funeral homes; Matthews also holds a significant investment in Propelis, a brand solutions business offering integrated services including brand creative, packaging, print solutions, branded environments, and content production, and employs over 5,400 people across 19 countries on four continents.

Average Trading Volume: 276,876

Technical Sentiment Signal: Buy

Current Market Cap: $864.9M

Learn more about MATW stock on TipRanks’ Stock Analysis page.

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