Schroder Investment Management Group Raises Position in Materion Corporation $MTRN

Schroder Investment Management Group lifted its position in Materion Corporation (NYSE:MTRNFree Report) by 6.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 175,278 shares of the basic materials company’s stock after buying an additional 11,003 shares during the period. Schroder Investment Management Group’s holdings in Materion were worth $20,776,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in MTRN. State Street Corp increased its position in shares of Materion by 28.0% during the second quarter. State Street Corp now owns 1,298,956 shares of the basic materials company’s stock valued at $103,098,000 after acquiring an additional 283,998 shares in the last quarter. American Century Companies Inc. lifted its position 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 in the last quarter. JPMorgan Chase & Co. boosted its stake in Materion by 155.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 190,626 shares of the basic materials company’s stock valued at $23,030,000 after purchasing an additional 116,091 shares during the last quarter. Royce & Associates LP purchased a new stake in Materion during the 3rd quarter valued at $11,779,000. Finally, Segall Bryant & Hamill LLC increased its holdings in shares of Materion by 28.9% in the 3rd quarter. Segall Bryant & Hamill LLC now owns 349,500 shares of the basic materials company’s stock worth $42,223,000 after purchasing an additional 78,349 shares in the last quarter. Hedge funds and other institutional investors own 93.56% of the company’s stock.

Materion Stock Down 3.5%

Shares of MTRN stock opened at $138.31 on Friday. 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 12 month low of $69.10 and a 12 month high of $172.03. The stock has a market cap of $2.87 billion, a P/E ratio of 38.53 and a beta of 0.84. The company has a 50 day simple moving average of $147.03 and a two-hundred day simple moving average of $129.91.

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

Materion Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 6th. Shareholders of record on Thursday, February 19th were issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Thursday, February 19th. Materion’s payout ratio is currently 15.60%.

Insider Buying and Selling at Materion

In other news, CAO Melissa A. Fashinpaur sold 309 shares of Materion stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $160.00, for a total transaction of $49,440.00. Following the transaction, the chief accounting officer directly owned 310 shares of the company’s stock, valued at $49,600. The trade was a 49.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Shelly Marie Chadwick sold 2,539 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $160.06, for a total value of $406,392.34. Following the transaction, the chief financial officer owned 15,243 shares of the company’s stock, valued at approximately $2,439,794.58. This trade represents a 14.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 49,549 shares of company stock valued at $7,548,444 in the last ninety days. 2.60% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

MTRN has been the subject of several recent analyst reports. Weiss Ratings restated a “hold (c-)” rating on shares of Materion in a research note on Thursday, January 22nd. KeyCorp lifted their price objective on Materion from $159.00 to $170.00 and gave the stock an “overweight” rating in a report on Friday, February 13th. Finally, Wall Street Zen raised Materion from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Materion has a consensus rating of “Hold” and a consensus price target of $170.00.

Read Our Latest Research Report on Materion

Materion Profile

(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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Institutional Ownership by Quarter for Materion (NYSE:MTRN)

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