Granahan Investment Management LLC Sells 26,729 Shares of Materion Corporation $MTRN

Granahan Investment Management LLC lowered its position in Materion Corporation (NYSE:MTRN) by 22.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 94,276 shares of the basic materials company’s stock after selling 26,729 shares during the period. Granahan Investment Management LLC owned approximately 0.45% of Materion worth $11,389,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Montag A & Associates Inc. boosted its stake in Materion by 1,607.7% in the third quarter. Montag A & Associates Inc. now owns 222 shares of the basic materials company’s stock valued at $27,000 after acquiring an additional 209 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in Materion by 182.9% in the second 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 during the last quarter. Jones Financial Companies Lllp acquired a new position in shares of Materion during the first quarter worth $34,000. GAMMA Investing LLC increased its position in shares of Materion by 37.6% during the third quarter. GAMMA Investing LLC now owns 494 shares of the basic materials company’s stock worth $60,000 after purchasing an additional 135 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC purchased a new stake in shares of Materion during the 2nd quarter valued at $50,000. Institutional investors own 93.56% of the company’s stock.

Materion Trading Down 1.5%

NYSE MTRN opened at $136.28 on Monday. The company has a fifty day simple moving average of $147.19 and a two-hundred day simple moving average of $130.35. The stock has a market cap of $2.83 billion, a P/E ratio of 37.96 and a beta of 0.84. Materion Corporation has a 12-month low of $69.10 and a 12-month 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.

Materion (NYSE:MTRN) last posted its quarterly earnings data 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 net margin of 4.19% and a return on equity of 12.36%. The business had revenue of $489.75 million during the quarter, compared to the consensus estimate of $448.78 million. During the same period in the previous year, the firm posted $1.55 earnings per share. The business’s revenue for the quarter 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 forecast that Materion Corporation will post 5.5 earnings per share for the current year.

Materion Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 6th. Shareholders of record on Thursday, February 19th were paid a dividend of $0.14 per share. 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%.

Insiders Place Their Bets

In other news, Director Vinod M. Khilnani sold 4,000 shares of the stock in a transaction dated 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 of the company’s stock, valued at approximately $2,034,171.90. This represents a 22.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Melissa A. Fashinpaur sold 309 shares of Materion stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $160.00, for a total value of $49,440.00. Following the sale, the chief accounting officer directly owned 310 shares of the company’s stock, valued at $49,600. This trade represents a 49.92% 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 valued at $7,548,444. Insiders own 2.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on MTRN. Wall Street Zen cut Materion from a “buy” rating to a “hold” rating in a research report on Sunday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Materion in a research report on Thursday, January 22nd. Finally, KeyCorp increased their price target on Materion from $159.00 to $170.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $170.00.

Materion 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.