Materion (NYSE:MTRN) VP Sells $710,614.44 in Stock

Materion Corporation (NYSE:MTRN) VP Gregory Chemnitz sold 4,517 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $157.32, for a total transaction of $710,614.44. Following the sale, the vice president owned 5,930 shares in the company, valued at $932,907.60. This trade represents a 43.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Materion Trading Down 6.1%

Materion stock opened at $150.36 on Friday. The firm has a 50 day simple moving average of $145.28 and a 200-day simple moving average of $128.80. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.11 and a quick ratio of 1.29. The stock has a market capitalization of $3.12 billion, a PE ratio of 41.88 and a beta of 0.84. Materion Corporation has a 12-month low of $69.10 and a 12-month high of $172.03.

Materion (NYSE:MTRN) last announced its earnings results on Thursday, February 12th. The basic materials company reported $1.53 EPS for the quarter, topping the consensus estimate of $1.51 by $0.02. The firm had revenue of $489.75 million for 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 firm’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.55 earnings per share. Materion has set its FY 2026 guidance at 6.000-6.500 EPS. As a group, equities research analysts expect that Materion Corporation will post 5.5 EPS for the current fiscal year.

Materion Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 6th. Investors of record on Thursday, February 19th will be paid 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 yield of 0.4%. Materion’s dividend payout ratio (DPR) is currently 15.60%.

Institutional Trading of Materion

A number of hedge funds have recently bought and sold shares of MTRN. Montag A & Associates Inc. increased its position in shares of Materion by 1,607.7% in the third quarter. Montag A & Associates Inc. now owns 222 shares of the basic materials company’s stock worth $27,000 after acquiring an additional 209 shares in the last quarter. Maseco LLP purchased a new stake in shares of Materion in the 4th quarter valued at approximately $27,000. EverSource Wealth Advisors LLC boosted its stake in Materion by 182.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 348 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 225 shares during the period. Jones Financial Companies Lllp acquired a new position in Materion in the 1st quarter worth approximately $34,000. Finally, Measured Wealth Private Client Group LLC purchased a new position in Materion during the 3rd quarter worth approximately $35,000. 93.56% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on MTRN. Weiss Ratings reissued a “hold (c-)” rating on shares of Materion in a report on Thursday, January 22nd. KeyCorp raised 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. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $170.00.

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.