Jugal Vijayvargiya Sells 12,963 Shares of Materion (NYSE:MTRN) Stock

Materion Corporation (NYSE:MTRN) CEO Jugal Vijayvargiya sold 12,963 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $148.56, for a total transaction of $1,925,783.28. Following the sale, the chief executive officer owned 130,253 shares in the company, valued at $19,350,385.68. The trade was a 9.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Materion Stock Performance

MTRN traded down $2.64 on Thursday, hitting $150.47. The company’s stock had a trading volume of 134,739 shares, compared to its average volume of 205,916. Materion Corporation has a 12 month low of $69.10 and a 12 month high of $172.03. The firm has a market cap of $3.12 billion, a P/E ratio of 41.91 and a beta of 0.87. The company has a quick ratio of 1.29, a current ratio of 3.11 and a debt-to-equity ratio of 0.48. The company’s 50 day simple moving average is $139.17 and its 200-day simple moving average is $125.45.

Materion (NYSE:MTRN) last posted its earnings results on Thursday, February 12th. The basic materials company reported $1.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.51 by $0.02. Materion had a return on equity of 12.36% and a net margin of 4.19%.The firm had revenue of $489.75 million for the quarter, compared to the consensus estimate of $448.78 million. During the same quarter in the prior year, the business posted $1.55 earnings per share. The business’s quarterly revenue was up 12.1% on a year-over-year basis. Materion has set its FY 2026 guidance at 6.000-6.500 EPS. Analysts forecast that Materion Corporation will post 5.5 EPS for the current year.

Materion Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 6th. Shareholders of record on Thursday, February 19th will be paid a $0.14 dividend. The ex-dividend date is Thursday, February 19th. This represents a $0.56 annualized dividend and a yield of 0.4%. Materion’s dividend payout ratio (DPR) is currently 15.60%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Maseco LLP bought a new stake in Materion during the fourth quarter worth about $27,000. Montag A & Associates Inc. raised its holdings in shares of Materion by 1,607.7% during the 3rd quarter. Montag A & Associates Inc. now owns 222 shares of the basic materials company’s stock valued at $27,000 after buying an additional 209 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new position in Materion during the third quarter valued at approximately $35,000. Kestra Advisory Services LLC purchased a new position in shares of Materion during the fourth quarter worth approximately $40,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Materion by 182.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 348 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 225 shares during the last quarter. Institutional investors own 93.56% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. KeyCorp increased their price target on shares of Materion from $159.00 to $170.00 and gave the stock an “overweight” rating in a report on Friday, February 13th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Materion in a report on Thursday, January 22nd. Finally, Wall Street Zen cut shares of Materion from a “buy” rating to a “hold” rating in a research note on Saturday, November 1st. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $170.00.

Materion Company Profile

Materion Corporation (NYSE: MTRN) is a global supplier of advanced materials and precision-engineered solutions. The company develops and manufactures high-performance alloys, engineered clad and composite materials, precision thin film products, and advanced optical and electronic materials. Materion’s offerings address critical performance requirements for industries where material properties such as strength, wear resistance, conductivity and optical clarity are paramount.

Materion’s core businesses include beryllium and beryllium composites for aerospace and defense platforms, nickel- and copper-based specialty alloys for industrial and medical applications, optical coatings and substrates for scientific instrumentation, and electronic materials used in semiconductor production.