Materion (NYSE:MTRN) Director Sells $235,209.04 in Stock

Materion Corporation (NYSE:MTRN) Director Emily Liggett sold 1,012 shares of the business’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $232.42, for a total transaction of $235,209.04. Following the completion of the sale, the director directly owned 3,161 shares of the company’s stock, valued at $734,679.62. This represents a 24.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Materion Stock Performance

MTRN opened at $243.33 on Friday. The firm has a market cap of $5.07 billion, a P/E ratio of 56.72 and a beta of 1.08. Materion Corporation has a 52-week low of $108.28 and a 52-week high of $304.58. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.29 and a current ratio of 2.94. The business’s fifty day moving average is $251.31 and its 200-day moving average is $209.51.

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

Materion Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Thursday, August 20th were issued a $0.145 dividend. The ex-dividend date of this dividend was Thursday, August 20th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 0.2%. Materion’s dividend payout ratio is 13.52%.

Analyst Ratings Changes

MTRN has been the topic of a number of recent research reports. Wall Street Zen raised Materion from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Jefferies Financial Group assumed coverage on Materion in a research note on Wednesday. They issued a “buy” rating and a $314.00 price objective on the stock. Weiss Ratings raised shares of Materion from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, August 24th. KeyCorp raised their price target on shares of Materion from $237.00 to $306.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. Finally, Zacks Research upgraded shares of Materion from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $310.00.

Institutional Trading of Materion

Hedge funds and other institutional investors have recently bought and sold shares of the business. Harbor Investment Advisory LLC acquired a new position in Materion during the 2nd quarter valued at about $32,000. Allworth Financial LP purchased a new stake in shares of Materion in the second quarter worth approximately $52,000. Measured Wealth Private Client Group LLC bought a new position in shares of Materion in the third quarter valued at approximately $35,000. Public Employees Retirement System of Ohio bought a new position in shares of Materion in the second quarter valued at approximately $87,000. Finally, Kestra Advisory Services LLC purchased a new position in shares of Materion during the fourth quarter valued at approximately $40,000. Institutional investors own 93.56% of the company’s stock.

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.