Insider Selling: Materion (NYSE:MTRN) CAO Sells $49,440.00 in Stock

Materion Corporation (NYSE:MTRNGet Free Report) CAO Melissa Fashinpaur sold 309 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $160.00, for a total transaction of $49,440.00. Following the sale, the chief accounting officer directly owned 310 shares of the company’s stock, valued at $49,600. This represents a 49.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Materion Trading Down 6.1%

Materion stock opened at $150.36 on Friday. Materion Corporation has a 52 week low of $69.10 and a 52 week high of $172.03. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.29 and a current ratio of 3.11. The firm has a market capitalization of $3.12 billion, a price-to-earnings ratio of 41.88 and a beta of 0.84. The company has a 50 day moving average price of $145.28 and a 200 day moving average price of $128.80.

Materion (NYSE:MTRNGet Free Report) last issued 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 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%.Materion’s revenue was up 12.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.55 earnings per share. Materion has set its FY 2026 guidance at 6.000-6.500 EPS. Research analysts forecast that Materion Corporation will post 5.5 EPS for the current year.

Materion Dividend Announcement

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

Institutional Investors Weigh In On Materion

A number of large investors have recently added to or reduced their stakes in the stock. AQR Capital Management LLC acquired a new stake in shares of Materion in the first quarter worth $201,000. Millennium Management LLC lifted its position in Materion by 54.1% during the 1st quarter. Millennium Management LLC now owns 89,212 shares of the basic materials company’s stock worth $7,280,000 after acquiring an additional 31,305 shares during the last quarter. Jones Financial Companies Lllp bought a new stake in Materion during the first quarter valued at about $34,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Materion by 12.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 54,045 shares of the basic materials company’s stock worth $4,410,000 after buying an additional 5,894 shares during the period. Finally, Jane Street Group LLC raised its position in shares of Materion by 44.9% during the first quarter. Jane Street Group LLC now owns 35,319 shares of the basic materials company’s stock valued at $2,882,000 after buying an additional 10,940 shares during the last quarter. Institutional investors own 93.56% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Weiss Ratings reissued a “hold (c-)” rating on shares of Materion in a research report on Thursday, January 22nd. KeyCorp lifted their price target on Materion from $159.00 to $170.00 and gave the company an “overweight” rating in a report on Friday, February 13th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $170.00.

View Our Latest Report on Materion

About Materion

(Get Free Report)

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.

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