Materion (NYSE:MTRN) CFO Shelly Marie Chadwick Sells 2,539 Shares

Materion Corporation (NYSE:MTRN) CFO Shelly Marie Chadwick sold 2,539 shares of the company’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $160.06, for a total transaction of $406,392.34. Following the completion of the transaction, the chief financial officer owned 15,243 shares of the company’s stock, valued at $2,439,794.58. This trade represents a 14.28% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Shelly Marie Chadwick also recently made the following trade(s):

• On Monday, February 23rd, Shelly Marie Chadwick sold 8,976 shares of Materion stock. The stock was sold at an average price of $146.13, for a total transaction of $1,311,662.88.

Materion Stock Down 3.3%

Shares of NYSE MTRN traded down $5.50 during mid-day trading on Tuesday, hitting $161.09. The company had a trading volume of 281,622 shares, compared to its average volume of 199,453. The firm has a 50-day simple moving average of $143.53 and a two-hundred day simple moving average of $128.08. Materion Corporation has a one year low of $69.10 and a one year high of $172.03. The company has a current ratio of 3.11, a quick ratio of 1.29 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $3.34 billion, a PE ratio of 44.87 and a beta of 0.84.

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

Materion Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 6th. Stockholders of record on Thursday, February 19th will be issued a dividend of $0.14 per share. The ex-dividend date of this dividend is Thursday, February 19th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.3%. Materion’s dividend payout ratio (DPR) is currently 15.60%.

Analyst Ratings Changes

MTRN has been the topic of a number of analyst reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Materion in a research report on Thursday, January 22nd. KeyCorp raised their price target on Materion from $159.00 to $170.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $170.00.

Institutional Investors Weigh In On Materion

A number of hedge funds have recently added to or reduced their stakes in MTRN. MidFirst Bank acquired a new position in shares of Materion during the fourth quarter valued at about $288,000. Invesco Ltd. boosted its position in shares of Materion by 1.4% during the fourth quarter. Invesco Ltd. now owns 73,836 shares of the basic materials company’s stock valued at $9,179,000 after buying an additional 1,013 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in Materion by 4.2% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 2,266 shares of the basic materials company’s stock worth $282,000 after buying an additional 91 shares in the last quarter. Summit Global Investments purchased a new stake in Materion in the 4th quarter valued at $570,000. Finally, Susquehanna Portfolio Strategies LLC lifted its stake in Materion by 6.7% during the 4th quarter. Susquehanna Portfolio Strategies LLC now owns 9,623 shares of the basic materials company’s stock valued at $1,196,000 after acquiring an additional 608 shares in the last quarter. 93.56% of the stock is currently owned by institutional investors.

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.