Materion (NYSE:MTRN) Posts Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Materion (NYSE:MTRN) announced its quarterly earnings results on Thursday. The basic materials company reported $1.53 EPS for the quarter, topping the consensus estimate of $1.51 by $0.02, FiscalAI reports. Materion had a return on equity of 12.66% and a net margin of 1.12%.Materion’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.55 EPS. Materion updated its FY 2026 guidance to 6.000-6.500 EPS.

Here are the key takeaways from Materion’s conference call:

• Quality event in Precision Clad Strip forced temporary idling of two facilities in Q4, reducing sales and cash flow; management says root cause fixes and enhanced quality controls are implemented but expects a slower Q1 and ramp-related costs.
• Electronic Materials delivered its strongest quarter in nearly three years with ~20% Q4 value‑added sales growth and ~50% EBITDA increase, driven by semiconductor/AI demand and contributing to record FY margins (~23%).
• Precision Optics is showing a sustained turnaround — Q4 sales +26%, segment EBITDA near 16%, and the third consecutive quarter of top‑line improvement as new business wins gain traction.
• Materion secured a $65 million customer‑funded investment (2026–27) to expand beryllium capacity (online ~2028), strengthening a strategic defense partnership and supporting long‑term defense market growth.
• 2026 outlook targets roughly 15% adjusted EPS growth to $6.00–$6.50, continued progress toward a midterm 23% EBITDA margin, stronger free cash flow, and a growing backlog/orders (backlog +7% YoY; semiconductor orders +14% ex‑China).

Materion Trading Up 3.3%

Shares of MTRN traded up $5.21 during mid-day trading on Thursday, reaching $162.32. The company had a trading volume of 198,502 shares, compared to its average volume of 176,227. Materion has a fifty-two week low of $69.10 and a fifty-two week high of $172.03. The firm has a fifty day simple moving average of $135.53 and a 200-day simple moving average of $123.26. The stock has a market cap of $3.36 billion, a price-to-earnings ratio of 171.72 and a beta of 0.87. The company has a current ratio of 3.29, a quick ratio of 1.31 and a debt-to-equity ratio of 0.49.

Materion Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 6th. Shareholders of record on Thursday, February 19th will be paid 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 yield of 0.3%. Materion’s dividend payout ratio (DPR) is currently 58.95%.

Analyst Upgrades and Downgrades

MTRN has been the topic of a number of recent research reports. Wall Street Zen lowered Materion from a “buy” rating to a “hold” rating in a research note on Saturday, November 1st. Weiss Ratings reissued a “hold (c-)” rating on shares of Materion in a report on Thursday, January 22nd. Finally, KeyCorp set a $161.00 price objective on Materion and gave the company an “overweight” rating in a research report on Wednesday, January 14th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Materion presently has a consensus rating of “Hold” and an average target price of $161.00.

Institutional Investors Weigh In On Materion

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. State Street Corp raised its holdings in shares of Materion by 28.0% in the 2nd quarter. State Street Corp now owns 1,298,956 shares of the basic materials company’s stock worth $103,098,000 after purchasing an additional 283,998 shares during the period. Trigran Investments Inc. increased its position in Materion by 0.5% during the 2nd quarter. Trigran Investments Inc. now owns 798,747 shares of the basic materials company’s stock worth $63,397,000 after purchasing an additional 3,982 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Materion by 1.6% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 286,913 shares of the basic materials company’s stock valued at $34,661,000 after buying an additional 4,469 shares during the period. Raymond James Financial Inc. raised its holdings in Materion by 187.4% in the third quarter. Raymond James Financial Inc. now owns 167,200 shares of the basic materials company’s stock valued at $20,199,000 after buying an additional 109,017 shares during the period. Finally, Bank of America Corp DE lifted its position in Materion by 99.2% during the third quarter. Bank of America Corp DE now owns 91,748 shares of the basic materials company’s stock valued at $11,084,000 after buying an additional 45,689 shares in the last quarter. 93.56% of the stock is currently owned by institutional investors and hedge funds.

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.