Should You Still Invest in Mativ Holdings (MATV)?

Investment management company First Pacific Advisors recently released its “Queens Road Small Cap Value Fund” second quarter 2022 investor letter. A copy of the same can be downloaded here. In the quarter, the fund outperformed its benchmark index and returned -11.46% compared to a -15.28% return for the Russell 2000 Value Index. In addition, you can check the top 5 holdings of the fund to know its best picks in 2022.

In the second quarter investor letter, First Pacific Advisors discussed stocks like Mativ Holdings, Inc. (NYSE:MATV). Headquartered in Alpharetta, Georgia, Mativ Holdings, Inc. (NYSE:MATV) is an engineering solutions company that operates worldwide. On August 26, 2022, Mativ Holdings, Inc. (NYSE:MATV) stock closed at $24.46 per share. One-month return of Mativ Holdings, Inc. (NYSE:MATV) was 12.05%, and its shares lost 34.76% of their value over the last 52 weeks. Mativ Holdings, Inc. (NYSE:MATV) has a market capitalization of $1.343 billion.

Here is what First Pacific Advisors specifically said about Mativ Holdings, Inc. (NYSE:MATV):

“Mativ Holdings, Inc. (NYSE:MATV) (previously Schweitzer-Mauduit) is a specialty paper and materials maker that has struggled with supply chain issues and cost inflation. In March, the company agreed to an all-stock combination with Neenah, a specialty paper company we had previously researched. We are evaluating the deal.”

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Mativ Holdings, Inc. (NYSE:MATV) is not on the list of 30 Most Popular Stocks Among Hedge Funds. You can check out our hedge fund investor letters Q2 2022 page for more investor letters from hedge funds and other prominent investors.

Disclosure: None. This article is originally published at Insider Monkey.