Materion (NYSE:MTRN) Now Covered by Analysts at Robert W. Baird

Equities researchers at Robert W. Baird initiated coverage on shares of Materion (NYSE:MTRN) in a research report issued on Wednesday,Benzinga reports. The brokerage set an “outperform” rating on the basic materials company’s stock.

MTRN has been the subject of several other research reports. Weiss Ratings restated a “hold (c-)” rating on shares of Materion in a research report on Thursday, January 22nd. KeyCorp began coverage on Materion in a report on Wednesday, March 25th. They issued an “overweight” rating and a $170.00 price objective on the stock. Finally, Wall Street Zen lowered Materion from a “buy” rating to a “hold” rating in a research note on Sunday, March 15th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $170.00.

Materion Trading Up 5.2%

Shares of MTRN stock opened at $144.56 on Wednesday. Materion has a 1-year low of $69.10 and a 1-year high of $172.03. The company has a market cap of $3.01 billion, a price-to-earnings ratio of 40.27 and a beta of 0.84. 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 50 day simple moving average of $147.28 and a 200-day simple moving average of $132.86.

Materion (NYSE:MTRN) last issued its quarterly 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 company had revenue of $489.75 million during the quarter, compared to analyst estimates of $448.78 million. Materion had a net margin of 4.19% and a return on equity of 12.36%. The firm’s revenue was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.55 EPS. Materion has set its FY 2026 guidance at 6.000-6.500 EPS. On average, equities research analysts expect that Materion will post 5.5 EPS for the current fiscal year.

Insider Buying and Selling

In other Materion news, CEO Jugal K. Vijayvargiya sold 12,245 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $156.86, for a total value of $1,920,750.70. Following the transaction, the chief executive officer directly owned 118,008 shares of the company’s stock, valued at $18,510,734.88. This trade represents a 9.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Vinod M. Khilnani sold 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $148.86, for a total value of $595,440.00. Following the transaction, the director owned 13,665 shares in the company, valued at approximately $2,034,171.90. This represents a 22.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 49,549 shares of company stock worth $7,548,444 in the last 90 days. Corporate insiders own 2.60% of the company’s stock.

Hedge Funds Weigh In On Materion

Institutional investors have recently added to or reduced their stakes in the stock. Amalgamated Bank raised its holdings in shares of Materion by 1.5% during the 3rd quarter. Amalgamated Bank now owns 6,018 shares of the basic materials company’s stock worth $727,000 after acquiring an additional 87 shares during the period. Mercer Global Advisors Inc. ADV grew its holdings in shares of Materion by 4.2% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 2,266 shares of the basic materials company’s stock valued at $282,000 after purchasing an additional 91 shares during the period. Wealthspire Advisors LLC grew its holdings in shares of Materion by 2.9% in the fourth quarter. Wealthspire Advisors LLC now owns 3,219 shares of the basic materials company’s stock valued at $400,000 after purchasing an additional 92 shares during the period. Pinnacle Associates Ltd. increased its position in Materion by 0.7% during the third quarter. Pinnacle Associates Ltd. now owns 13,045 shares of the basic materials company’s stock worth $1,576,000 after purchasing an additional 95 shares during the last quarter. Finally, Nisa Investment Advisors LLC raised its stake in Materion by 0.4% during the third quarter. Nisa Investment Advisors LLC now owns 23,357 shares of the basic materials company’s stock worth $2,822,000 after purchasing an additional 100 shares during the period. Hedge funds and other institutional investors own 93.56% of the company’s stock.

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.