Oliver Luxxe Assets LLC Acquires 11,025 Shares of Materion Corporation $MTRN

Oliver Luxxe Assets LLC grew its stake in Materion Corporation (NYSE:MTRN) by 79.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 24,877 shares of the basic materials company’s stock after acquiring an additional 11,025 shares during the period. Oliver Luxxe Assets LLC owned 0.12% of Materion worth $3,093,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. GAMMA Investing LLC increased its holdings in shares of Materion by 22.3% in the fourth quarter. GAMMA Investing LLC now owns 604 shares of the basic materials company’s stock valued at $75,000 after purchasing an additional 110 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Materion by 155.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 190,626 shares of the basic materials company’s stock worth $23,030,000 after buying an additional 116,091 shares in the last quarter. Penn Capital Management Company LLC bought a new position in Materion in the 3rd quarter valued at $668,000. CIBC Bancorp USA Inc. bought a new position in Materion in the 3rd quarter valued at $267,000. Finally, Coldstream Capital Management Inc. acquired a new stake in shares of Materion in the 3rd quarter valued at $466,000. 93.56% of the stock is owned by institutional investors.

Insider Transactions at Materion

In related news, CEO Jugal K. Vijayvargiya sold 12,245 shares of Materion stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $156.86, for a total value of $1,920,750.70. Following the sale, the chief executive officer owned 118,008 shares of the company’s stock, valued at approximately $18,510,734.88. The trade was a 9.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Vinod M. Khilnani sold 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $148.86, for a total value of $595,440.00. Following the transaction, the director directly owned 13,665 shares in the company, valued at $2,034,171.90. This trade represents a 22.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 49,549 shares of company stock worth $7,548,444. 2.60% of the stock is owned by insiders.

Materion Stock Performance

Shares of Materion stock opened at $131.94 on Friday. 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 market cap of $2.74 billion, a price-to-earnings ratio of 36.75 and a beta of 0.84. The stock’s 50-day moving average is $147.72 and its 200-day moving average is $131.22. Materion Corporation has a one year low of $69.10 and a one year high of $172.03.

Materion (NYSE:MTRN) last issued its quarterly earnings results on Thursday, February 12th. The basic materials company reported $1.53 earnings per share for the quarter, topping the consensus estimate of $1.51 by $0.02. The company 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 business’s quarterly revenue was up 12.1% on a year-over-year basis. During the same period last year, the business earned $1.55 EPS. Materion has set its FY 2026 guidance at 6.000-6.500 EPS. Equities analysts predict that Materion Corporation will post 5.5 earnings per share for the current fiscal year.

Materion Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. KeyCorp boosted their target price on Materion from $159.00 to $170.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Wall Street Zen cut Materion from a “buy” rating to a “hold” rating in a report on Sunday, March 15th. 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 assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price 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.