Raiffeisen Bank International AG Buys New Stake in Materion Corporation $MTRN

Raiffeisen Bank International AG purchased a new stake in Materion Corporation (NYSE:MTRN) during the second quarter, according to its most recent filing with the SEC. The fund purchased 62,109 shares of the basic materials company’s stock, valued at approximately $17,982,000.

Several other hedge funds have also bought and sold shares of MTRN. EverSource Wealth Advisors LLC boosted its holdings in shares of Materion by 182.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 348 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 225 shares during the last quarter. Harbor Investment Advisory LLC bought a new stake in shares of Materion in the second quarter worth about $32,000. Jones Financial Companies Lllp purchased a new stake in shares of Materion in the first quarter worth about $34,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Materion in the third quarter worth about $35,000. Finally, Kestra Advisory Services LLC bought a new position in Materion during the fourth quarter valued at approximately $40,000. Hedge funds and other institutional investors own 93.56% of the company’s stock.

Insider Buying and Selling

In other Materion news, Director Emily M. Liggett sold 1,012 shares of Materion stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $232.42, for a total transaction of $235,209.04. Following the completion of the transaction, the director directly owned 3,161 shares of the company’s stock, valued at $734,679.62. The trade was a 24.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Shelly Chadwick sold 1,705 shares of the business’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $293.00, for a total transaction of $499,565.00. Following the transaction, the chief financial officer owned 15,246 shares in the company, valued at $4,467,078. This trade represents a 10.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 29,053 shares of company stock worth $8,301,958. 2.80% of the stock is currently owned by corporate insiders.

Materion Stock Up 0.9%

Shares of NYSE:MTRN opened at $240.01 on Friday. The company has a market cap of $5.00 billion, a price-to-earnings ratio of 55.95 and a beta of 1.08. Materion Corporation has a 12 month low of $108.28 and a 12 month high of $304.58. The company has a current ratio of 2.94, a quick ratio of 1.29 and a debt-to-equity ratio of 0.44. The company has a 50-day moving average price of $252.15 and a 200 day moving average price of $209.27.

Materion (NYSE:MTRN) last issued its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $1.90 earnings per share for the quarter, topping the consensus estimate of $1.52 by $0.38. Materion had a return on equity of 13.38% and a net margin of 4.29%.The company had revenue of $308.19 million for the quarter, compared to analysts’ expectations of $549.82 million. During the same period in the previous year, the firm posted $1.37 earnings per share. The firm’s revenue for the quarter was up 42.2% on a year-over-year basis. Materion has set its FY 2026 guidance at 6.800-7.200 EPS. As a group, equities research analysts predict that Materion Corporation will post 7.06 earnings per share for the current year.

Materion Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Thursday, August 20th will be given a dividend of $0.145 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $0.58 annualized dividend and a dividend yield of 0.2%. Materion’s payout ratio is currently 13.52%.

Analyst Upgrades and Downgrades

MTRN has been the subject of several research analyst reports. Wall Street Zen upgraded Materion from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Weiss Ratings raised Materion from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, August 24th. Zacks Research upgraded Materion from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 6th. KeyCorp raised their target price on shares of Materion from $237.00 to $306.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Finally, Jefferies Financial Group initiated coverage on shares of Materion in a research report on Wednesday. They issued a “buy” rating and a $314.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $310.00.

Materion 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.