Materion Corporation $MTRN Shares Bought by Public Sector Pension Investment Board

Public Sector Pension Investment Board raised its stake in shares of Materion Corporation (NYSE:MTRN) by 14.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 80,880 shares of the basic materials company’s stock after purchasing an additional 9,931 shares during the period. Public Sector Pension Investment Board’s holdings in Materion were worth $9,771,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Oliver Luxxe Assets LLC purchased a new position in shares of Materion in the third quarter worth about $1,673,000. Jackson Creek Investment Advisors LLC acquired a new position in Materion during the third quarter worth about $1,946,000. AXQ Capital LP acquired a new stake in Materion in the 2nd quarter valued at about $469,000. American Century Companies Inc. raised its holdings in Materion by 222.3% in the 2nd quarter. American Century Companies Inc. now owns 238,418 shares of the basic materials company’s stock valued at $18,923,000 after acquiring an additional 164,433 shares during the last quarter. Finally, Old West Investment Management LLC acquired a new position in shares of Materion during the 3rd quarter worth approximately $841,000. Hedge funds and other institutional investors own 93.56% of the company’s stock.

Materion Price Performance

MTRN stock opened at $159.76 on Tuesday. Materion Corporation has a 52-week low of $69.10 and a 52-week high of $172.03. The company has a quick ratio of 1.29, a current ratio of 3.11 and a debt-to-equity ratio of 0.48. The stock has a market cap of $3.31 billion, a price-to-earnings ratio of 44.50 and a beta of 0.87. The business has a fifty day moving average of $137.69 and a two-hundred day moving average of $124.74.

Materion (NYSE:MTRN) last released its quarterly earnings results on Thursday, February 12th. The basic materials company reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.51 by $0.02. The business had revenue of $489.75 million during the quarter, compared to analysts’ expectations of $448.78 million. Materion had a return on equity of 12.36% and a net margin of 4.19%.The company’s revenue was up 12.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.55 EPS. Materion has set its FY 2026 guidance at 6.000-6.500 EPS. As a group, research analysts anticipate that Materion Corporation will post 5.5 earnings per share for the current year.

Materion Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 6th. Shareholders of record on Thursday, February 19th will be given a dividend of $0.14 per share. The ex-dividend date is Thursday, February 19th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.4%. Materion’s dividend payout ratio (DPR) is currently 15.60%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on MTRN. Weiss Ratings restated a “hold (c-)” rating on shares of Materion in a research report on Thursday, January 22nd. Wall Street Zen cut Materion from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. Finally, KeyCorp lifted their price target on Materion from $159.00 to $170.00 and gave the stock an “overweight” rating in a report on Friday. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Materion presently has a consensus rating of “Hold” and a consensus price target of $170.00.

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.