Materion Corporation (NYSE:MTRN) Receives Consensus Rating of “Buy” from Brokerages

Materion Corporation (NYSE:MTRN) has earned an average recommendation of “Buy” from the four brokerages that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $306.00.

A number of research firms recently commented on MTRN. Weiss Ratings downgraded Materion from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday. KeyCorp boosted their target price on shares of Materion from $237.00 to $306.00 and gave the stock an “overweight” rating in a research report on Friday. Wall Street Zen upgraded shares of Materion from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Zacks Research upgraded shares of Materion from a “hold” rating to a “strong-buy” rating in a report on Thursday.

Hedge Funds Weigh In On Materion

Institutional investors have recently bought and sold shares of the stock. UBS Group AG lifted its holdings in Materion by 18.8% in the 4th quarter. UBS Group AG now owns 60,378 shares of the basic materials company’s stock worth $7,506,000 after purchasing an additional 9,576 shares during the last quarter. King Luther Capital Management Corp boosted its position in Materion by 95.1% during the fourth quarter. King Luther Capital Management Corp now owns 74,075 shares of the basic materials company’s stock worth $9,209,000 after purchasing an additional 36,112 shares during the period. First Eagle Investment Management LLC grew its holdings in Materion by 136.7% during the fourth quarter. First Eagle Investment Management LLC now owns 58,000 shares of the basic materials company’s stock valued at $7,211,000 after purchasing an additional 33,500 shares during the last quarter. Principal Financial Group Inc. grew its holdings in Materion by 21.5% during the first quarter. Principal Financial Group Inc. now owns 120,164 shares of the basic materials company’s stock valued at $17,382,000 after purchasing an additional 21,295 shares during the last quarter. Finally, Royce & Associates LP raised its position in shares of Materion by 11.2% in the fourth 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. 93.56% of the stock is currently owned by institutional investors.

Materion Stock Performance

Shares of NYSE MTRN opened at $289.40 on Tuesday. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.94 and a quick ratio of 1.32. Materion has a one year low of $104.63 and a one year high of $304.58. The business’s 50-day moving average price is $250.58 and its two-hundred day moving average price is $194.64. The company has a market capitalization of $6.02 billion, a P/E ratio of 67.46 and a beta of 1.07.

Materion (NYSE:MTRN) last posted its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $1.90 earnings per share for the quarter, topping analysts’ consensus estimates of $1.52 by $0.38. The company had revenue of $308.19 million during the quarter, compared to the consensus estimate of $549.82 million. Materion had a return on equity of 13.38% and a net margin of 4.29%.The business’s quarterly revenue was up 42.2% on a year-over-year basis. During the same period last year, the business earned $1.37 EPS. Materion has set its FY 2026 guidance at 6.800-7.200 EPS. Analysts anticipate that Materion will post 7.06 earnings per share for the current fiscal year.

Materion Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Thursday, August 20th will be issued a $0.145 dividend. The ex-dividend date is Thursday, August 20th. This represents a $0.58 dividend on an annualized basis and a yield of 0.2%. Materion’s dividend payout ratio is currently 13.52%.

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.