Materion Corporation (MTRN) – What Are Researchers Thinking About This Stock?

Shares of Materion Corporation (NYSE:MTRN) have earned a consensus recommendation of “Moderate Buy” from the five brokerages that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $310.00.

Several analysts have recently issued reports on the stock. KeyCorp boosted their price objective on shares of Materion from $237.00 to $306.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Wall Street Zen raised Materion from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Zacks Research cut Materion from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Weiss Ratings upgraded Materion from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, October 14th. Finally, Jefferies Financial Group initiated coverage on Materion in a research report on Wednesday, September 2nd. They set a “buy” rating and a $314.00 price target for the company.

Materion Price Performance

MTRN opened at $219.31 on Friday. Materion has a 1 year low of $109.61 and a 1 year high of $324.98. The company’s 50 day simple moving average is $256.46 and its 200 day simple moving average is $237.21. The stock has a market capitalization of $4.57 billion, a PE ratio of 51.12 and a beta of 1.05. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.29 and a current ratio of 2.94.

Materion (NYSE:MTRN) last issued its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $1.90 EPS for the quarter, topping the consensus estimate of $1.52 by $0.38. The firm had revenue of $308.19 million during the quarter, compared to analyst estimates of $549.82 million. Materion had a net margin of 4.29% and a return on equity of 13.38%. Materion’s revenue for the quarter was up 42.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.37 earnings per share. Materion has set its FY 2026 guidance at 6.800-7.200 EPS. As a group, sell-side analysts expect that Materion will post 7.04 EPS for the current year.

Materion Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Thursday, August 20th were issued a $0.1450 dividend. This represents a $0.58 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Thursday, August 20th. Materion’s dividend payout ratio (DPR) is 13.52%.

Insider Transactions at Materion

In related news, Director Emily M. Liggett sold 1,012 shares of the stock in a transaction that occurred 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 sale, the director owned 3,161 shares of the company’s stock, valued at approximately $734,679.62. This represents a 24.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jugal K. Vijayvargiya sold 24,336 shares of the stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $291.62, for a total transaction of $7,096,864.32. Following the sale, the chief executive officer directly owned 116,699 shares of the company’s stock, valued at approximately $34,031,762.38. This trade represents a 17.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 29,053 shares of company stock valued at $8,301,958. 2.80% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. acquired a new stake in shares of Materion in the second quarter valued at about $1,032,985,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in shares of Materion during the 2nd quarter valued at about $132,656,000. Congress Asset Management Co. purchased a new stake in shares of Materion during the 3rd quarter valued at about $51,835,000. Bank of America Corp DE acquired a new position in Materion during the 2nd quarter worth approximately $51,481,000. Finally, Bank of New York Mellon Corp acquired a new position in Materion during the 2nd quarter worth approximately $49,060,000. 93.56% of the stock is owned by institutional investors and hedge funds.

About Materion

Materion Corporation is an advanced materials company that develops, manufactures and supplies engineered materials for demanding applications. Its product portfolio includes beryllium and beryllium-aluminum alloys, specialty metals, precious-metal and clad materials, thin-film coating materials, optical filters and other precision components.

The company’s materials and products are used in aerospace and defense, semiconductor manufacturing, communications, medical technology, energy, automotive and other industrial markets.