Materion (NYSE:MTRN) CFO Shelly Marie Chadwick Sells 8,976 Shares of Stock

Materion Corporation (NYSE:MTRN) CFO Shelly Marie Chadwick sold 8,976 shares of the firm’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $146.13, for a total value of $1,311,662.88. Following the transaction, the chief financial officer directly owned 16,139 shares in the company, valued at approximately $2,358,392.07. The trade was a 35.74% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Materion Stock Performance

Shares of Materion stock traded down $4.82 on Thursday, hitting $156.71. The stock had a trading volume of 8,402 shares, compared to its average volume of 186,224. The stock has a market cap of $3.25 billion, a price-to-earnings ratio of 44.01 and a beta of 0.87. The company has a current ratio of 3.11, a quick ratio of 1.29 and a debt-to-equity ratio of 0.48. Materion Corporation has a 52-week low of $69.10 and a 52-week high of $172.03. The company’s 50 day moving average price is $141.32 and its 200 day moving average price is $126.84.

Materion (NYSE:MTRN) last released its quarterly earnings results on Thursday, February 12th. The basic materials company reported $1.53 EPS for the quarter, topping the consensus estimate of $1.51 by $0.02. Materion had a return on equity of 12.36% and a net margin of 4.19%.The company had revenue of $489.75 million for the quarter, compared to analyst estimates of $448.78 million. During the same quarter in the previous year, the company posted $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, research analysts anticipate that Materion Corporation will post 5.5 EPS for the current year.

Materion Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Weiss Ratings restated a “hold (c-)” rating on shares of Materion in a research note on Thursday, January 22nd. Wall Street Zen lowered Materion from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. Finally, KeyCorp boosted their price target on Materion from $159.00 to $170.00 and gave the company an “overweight” rating in a research report on Friday, February 13th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $170.00.

Institutional Trading of Materion

Several hedge funds have recently modified their holdings of the business. Montag A & Associates Inc. grew its holdings in Materion by 1,607.7% during the third quarter. Montag A & Associates Inc. now owns 222 shares of the basic materials company’s stock worth $27,000 after acquiring an additional 209 shares during the period. Maseco LLP acquired a new stake in Materion in the fourth quarter valued at $27,000. EverSource Wealth Advisors LLC boosted its position in shares of Materion by 182.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 348 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 225 shares in the last quarter. Jones Financial Companies Lllp acquired a new position in shares of Materion during the 1st quarter worth $34,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in shares of Materion during the 3rd quarter worth $35,000. 93.56% of the stock is owned by institutional investors and hedge funds.

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.