US Bancorp DE Has $965,000 Holdings in Materion Corporation $MTRN

US Bancorp DE increased its holdings in shares of Materion Corporation (NYSE:MTRN) by 475.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,987 shares of the basic materials company’s stock after acquiring an additional 6,599 shares during the period. US Bancorp DE’s holdings in Materion were worth $965,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Zhang Financial LLC acquired a new position in Materion in the third quarter worth $242,000. King Luther Capital Management Corp grew its holdings in shares of Materion by 8.7% during the third quarter. King Luther Capital Management Corp now owns 37,963 shares of the basic materials company’s stock worth $4,586,000 after purchasing an additional 3,050 shares during the last quarter. Synovus Financial Corp increased its stake in shares of Materion by 13.9% in the third quarter. Synovus Financial Corp now owns 11,787 shares of the basic materials company’s stock valued at $1,424,000 after buying an additional 1,435 shares in the last quarter. Bedel Financial Consulting Inc. bought a new position in shares of Materion in the third quarter valued at about $242,000. Finally, JPMorgan Chase & Co. raised its holdings in shares of Materion by 155.8% in the third quarter. JPMorgan Chase & Co. now owns 190,626 shares of the basic materials company’s stock valued at $23,030,000 after buying an additional 116,091 shares during the last quarter. 93.56% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Materion news, CFO Shelly Marie Chadwick sold 8,976 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $146.13, for a total value of $1,311,662.88. Following the transaction, the chief financial officer directly owned 16,139 shares of the company’s stock, valued at approximately $2,358,392.07. This trade represents a 35.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Vinod M. Khilnani sold 4,000 shares of Materion stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $148.86, for a total transaction of $595,440.00. Following the sale, the director directly owned 13,665 shares of the company’s stock, valued at $2,034,171.90. This represents a 22.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 49,549 shares of company stock worth $7,548,444. 2.60% of the stock is currently owned by company insiders.

Materion Trading Down 4.1%

MTRN stock opened at $144.20 on Friday. The company has a market cap of $2.99 billion, a P/E ratio of 40.17 and a beta of 0.84. Materion Corporation has a twelve month low of $69.10 and a twelve month 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 business has a fifty day moving average of $145.59 and a 200-day moving average of $129.01.

Materion (NYSE:MTRN) last issued its quarterly earnings results on Thursday, February 12th. The basic materials company reported $1.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.51 by $0.02. The business had revenue of $489.75 million for the quarter, compared to analyst estimates of $448.78 million. Materion had a return on equity of 12.36% and a net margin of 4.19%.The firm’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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 year.

Materion Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 6th. Stockholders of record on Thursday, February 19th were paid a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Thursday, February 19th. Materion’s dividend payout ratio (DPR) is 15.60%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on MTRN shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of Materion in a research report on Thursday, January 22nd. Wall Street Zen raised shares of Materion from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, KeyCorp upped their target price on shares of Materion from $159.00 to $170.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Materion currently has an average 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.