Schroder Investment Management Group Buys 11,003 Shares of Materion Corporation $MTRN

Schroder Investment Management Group grew its stake in shares of Materion Corporation (NYSE:MTRN) by 6.7% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 175,278 shares of the basic materials company’s stock after purchasing an additional 11,003 shares during the quarter. Schroder Investment Management Group owned approximately 0.85% of Materion worth $20,776,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in MTRN. AQR Capital Management LLC purchased a new stake in Materion during the 1st quarter valued at $201,000. Millennium Management LLC increased its position in shares of Materion by 54.1% in the first quarter. Millennium Management LLC now owns 89,212 shares of the basic materials company’s stock valued at $7,280,000 after acquiring an additional 31,305 shares during the period. Jones Financial Companies Lllp bought a new position in shares of Materion during the first quarter valued at about $34,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Materion by 12.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 54,045 shares of the basic materials company’s stock valued at $4,410,000 after acquiring an additional 5,894 shares during the last quarter. Finally, Jane Street Group LLC boosted its holdings in shares of Materion by 44.9% during the first quarter. Jane Street Group LLC now owns 35,319 shares of the basic materials company’s stock worth $2,882,000 after purchasing an additional 10,940 shares during the period. 93.56% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Materion

In other Materion news, CEO Jugal K. Vijayvargiya sold 12,963 shares of Materion stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $148.56, for a total transaction of $1,925,783.28. Following the completion of the transaction, the chief executive officer owned 130,253 shares in the company, valued at approximately $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 Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Melissa A. Fashinpaur sold 309 shares of the business’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $160.00, for a total value of $49,440.00. Following the completion of the sale, the chief accounting officer directly owned 310 shares in the company, valued at $49,600. This trade represents a 49.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 49,549 shares of company stock worth $7,548,444 over the last quarter. 2.60% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on MTRN shares. KeyCorp boosted their price target on Materion from $159.00 to $170.00 and gave the company an “overweight” rating in a report on Friday, February 13th. Wall Street Zen upgraded Materion from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Materion in a research report on Thursday, January 22nd. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $170.00.

Materion Trading Down 3.5%

Shares of NYSE MTRN opened at $138.31 on Friday. Materion Corporation has a 1 year low of $69.10 and a 1 year high of $172.03. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.11 and a quick ratio of 1.29. The firm has a 50-day moving average of $147.03 and a 200 day moving average of $129.91. The stock has a market cap of $2.87 billion, a P/E ratio of 38.53 and a beta of 0.84.

Materion (NYSE:MTRN) last announced its quarterly earnings data on Thursday, February 12th. The basic materials company reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.51 by $0.02. Materion had a net margin of 4.19% and a return on equity of 12.36%. The business had revenue of $489.75 million for the quarter, compared to analysts’ expectations of $448.78 million. During the same quarter in the prior year, the company earned $1.55 earnings per share. The business’s revenue was up 12.1% compared to the same quarter last year. Materion has set its FY 2026 guidance at 6.000-6.500 EPS. As a group, sell-side analysts expect that Materion Corporation will post 5.5 EPS for the current fiscal year.

Materion Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 6th. Investors of record on Thursday, February 19th were paid a $0.14 dividend. The ex-dividend date was Thursday, February 19th. This represents a $0.56 annualized dividend and a dividend yield of 0.4%. Materion’s dividend payout ratio is presently 15.60%.

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.