Materion Corporation $MTRN Shares Acquired by Aberdeen Group plc

Aberdeen Group plc lifted its holdings in shares of Materion Corporation (NYSE:MTRN) by 6.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 228,353 shares of the basic materials company’s stock after purchasing an additional 13,690 shares during the quarter. Aberdeen Group plc owned about 1.10% of Materion worth $27,067,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its stake in Materion by 182.9% during the second quarter. EverSource Wealth Advisors LLC now owns 348 shares of the basic materials company’s stock worth $28,000 after buying an additional 225 shares during the period. Jones Financial Companies Lllp purchased a new position in shares of Materion during the 1st quarter worth approximately $34,000. First Horizon Advisors Inc. increased its holdings in Materion by 25.3% in the 2nd quarter. First Horizon Advisors Inc. now owns 585 shares of the basic materials company’s stock valued at $46,000 after purchasing an additional 118 shares during the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in Materion in the second quarter valued at approximately $50,000. Finally, TD Waterhouse Canada Inc. acquired a new position in Materion during the second quarter worth $53,000. Institutional investors and hedge funds own 93.56% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Materion in a research note on Thursday, January 22nd. KeyCorp boosted their price target on shares of Materion from $159.00 to $170.00 and gave the stock an “overweight” rating in a research note on Friday. Finally, Wall Street Zen cut shares of Materion from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Materion currently has an average rating of “Hold” and a consensus price target of $170.00.

Materion Stock Performance

Shares of MTRN opened at $153.09 on Wednesday. Materion Corporation has a 1 year low of $69.10 and a 1 year high of $172.03. The stock has a market capitalization of $3.18 billion, a PE ratio of 42.64 and a beta of 0.87. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.29 and a current ratio of 3.11. The stock has a 50-day simple moving average of $138.26 and a 200-day simple moving average of $125.08.

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

Materion Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 6th. Investors of record on Thursday, February 19th will be paid a dividend of $0.14 per share. The ex-dividend date is Thursday, February 19th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.4%. Materion’s payout ratio is presently 15.60%.

About Materion

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.