Shelly Marie Chadwick Sells 2,539 Shares of Materion (NYSE:MTRN) Stock

Materion Corporation (NYSE:MTRN) CFO Shelly Marie Chadwick sold 2,539 shares of Materion stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $160.06, for a total transaction of $406,392.34. Following the completion of the sale, the chief financial officer owned 15,243 shares in the company, valued at $2,439,794.58. This trade represents a 14.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shelly Marie Chadwick also recently made the following trade(s):

• On Monday, February 23rd, Shelly Marie Chadwick sold 8,976 shares of Materion stock. The stock was sold at an average price of $146.13, for a total transaction of $1,311,662.88.

Materion Stock Down 0.5%

Materion stock opened at $160.44 on Thursday. 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 Corporation has a 1-year low of $69.10 and a 1-year high of $172.03. The company has a fifty day simple moving average of $144.83 and a 200 day simple moving average of $128.65. The company has a market cap of $3.33 billion, a P/E ratio of 44.69 and a beta of 0.84.

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 analysts’ consensus estimates of $1.51 by $0.02. The company had revenue of $489.75 million during the quarter, compared to the consensus estimate of $448.78 million. Materion had a net margin of 4.19% and a return on equity of 12.36%. The company’s quarterly revenue was up 12.1% on a year-over-year basis. 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. Research analysts anticipate that Materion Corporation will post 5.5 earnings per share for the current fiscal year.

Materion Dividend Announcement

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 of this dividend is Thursday, February 19th. This represents a $0.56 annualized dividend and a dividend yield of 0.3%. Materion’s payout ratio is 15.60%.

Hedge Funds Weigh In On Materion

Several institutional investors and hedge funds have recently modified their holdings of the stock. MidFirst Bank acquired a new stake in shares of Materion during the 4th quarter worth about $288,000. Invesco Ltd. raised its holdings in Materion by 1.4% in the 4th quarter. Invesco Ltd. now owns 73,836 shares of the basic materials company’s stock valued at $9,179,000 after acquiring an additional 1,013 shares during the period. Mercer Global Advisors Inc. ADV raised its holdings in Materion by 4.2% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 2,266 shares of the basic materials company’s stock valued at $282,000 after acquiring an additional 91 shares during the period. Summit Global Investments acquired a new stake in Materion during the fourth quarter worth approximately $570,000. Finally, Susquehanna Portfolio Strategies LLC boosted its holdings in shares of Materion by 6.7% during the fourth quarter. Susquehanna Portfolio Strategies LLC now owns 9,623 shares of the basic materials company’s stock worth $1,196,000 after acquiring an additional 608 shares during the period. 93.56% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

MTRN has been the topic of a number of recent analyst reports. KeyCorp boosted their target price on shares of Materion from $159.00 to $170.00 and gave the stock an “overweight” rating in a report on Friday, February 13th. Weiss Ratings restated a “hold (c-)” rating on shares of Materion in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Materion currently has a consensus rating of “Hold” and a consensus target price 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.