State of Wyoming Acquires 4,914 Shares of Materion Corporation $MTRN

State of Wyoming grew its holdings in shares of Materion Corporation (NYSE:MTRN) by 3,722.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,046 shares of the basic materials company’s stock after buying an additional 4,914 shares during the quarter. State of Wyoming’s holdings in Materion were worth $627,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MTRN. BNP Paribas Financial Markets raised its holdings in shares of Materion by 82.2% in the 4th quarter. BNP Paribas Financial Markets now owns 63,113 shares of the basic materials company’s stock valued at $7,846,000 after purchasing an additional 28,473 shares during the period. Intech Investment Management LLC raised its holdings in shares of Materion by 4.3% in the 4th quarter. Intech Investment Management LLC now owns 81,399 shares of the basic materials company’s stock valued at $10,120,000 after purchasing an additional 3,371 shares during the period. King Luther Capital Management Corp raised its holdings in shares of Materion by 95.1% in the 4th quarter. King Luther Capital Management Corp now owns 74,075 shares of the basic materials company’s stock valued at $9,209,000 after purchasing an additional 36,112 shares during the period. Royce & Associates LP raised its holdings in shares of Materion by 11.2% in the 4th quarter. Royce & Associates LP now owns 108,440 shares of the basic materials company’s stock valued at $13,481,000 after purchasing an additional 10,940 shares during the period. Finally, Hantz Financial Services Inc. raised its holdings in shares of Materion by 69.8% in the 4th quarter. Hantz Financial Services Inc. now owns 360 shares of the basic materials company’s stock valued at $45,000 after purchasing an additional 148 shares during the period. 93.56% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. KeyCorp upped their target price on shares of Materion from $223.00 to $237.00 and gave the company an “overweight” rating in a report on Tuesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Materion in a report on Wednesday, May 13th. Wall Street Zen cut shares of Materion from a “buy” rating to a “hold” rating in a report on Sunday, March 15th. Finally, Robert W. Baird assumed coverage on shares of Materion in a report on Wednesday, April 1st. They issued an “outperform” rating on the stock. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $237.00.

Materion Stock Down 3.1%

Shares of MTRN opened at $220.44 on Friday. Materion Corporation has a 52 week low of $76.09 and a 52 week high of $233.45. The firm has a market cap of $4.59 billion, a P/E ratio of 60.23 and a beta of 1.08. The firm’s 50-day simple moving average is $186.85 and its 200 day simple moving average is $154.92. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.32 and a current ratio of 3.04.

Materion (NYSE:MTRN) last announced its quarterly earnings results on Wednesday, April 29th. The basic materials company reported $1.27 EPS for the quarter, beating analysts’ consensus estimates of $1.24 by $0.03. Materion had a net margin of 3.99% and a return on equity of 12.45%. The business had revenue of $261.79 million for the quarter, compared to analyst estimates of $479.03 million. During the same quarter in the prior year, the business earned $1.13 EPS. Materion’s quarterly revenue was up 30.8% on a year-over-year basis. Materion has set its FY 2026 guidance at 6.000-6.50 EPS. On average, analysts forecast that Materion Corporation will post 6.48 earnings per share for the current year.

Materion Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Thursday, May 28th will be paid a $0.145 dividend. This is an increase from Materion’s previous quarterly dividend of $0.14. The ex-dividend date is Thursday, May 28th. This represents a $0.58 dividend on an annualized basis and a yield of 0.3%. Materion’s dividend payout ratio (DPR) is currently 15.85%.

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.