Shelly Marie Chadwick Sells 1,705 Shares of Materion (NYSE:MTRN) Stock

Materion Corporation (NYSE:MTRN) CFO Shelly Marie Chadwick sold 1,705 shares of the business’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $293.00, for a total transaction of $499,565.00. Following the sale, the chief financial officer owned 15,246 shares of the company’s stock, valued at $4,467,078. This trade represents a 10.06% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link.

Materion Stock Performance

Shares of MTRN opened at $284.79 on Thursday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.29 and a current ratio of 2.94. The stock has a 50 day moving average price of $253.87 and a two-hundred day moving average price of $197.81. The firm has a market capitalization of $5.93 billion, a P/E ratio of 66.38 and a beta of 1.07. Materion Corporation has a 52 week low of $107.72 and a 52 week high of $304.58.

Materion (NYSE:MTRN) last announced its earnings results on Wednesday, August 5th. The basic materials company reported $1.90 EPS for the quarter, beating the consensus estimate of $1.52 by $0.38. Materion had a net margin of 4.29% and a return on equity of 13.38%. The company had revenue of $308.19 million during the quarter, compared to the consensus estimate of $549.82 million. During the same quarter in the prior year, the company posted $1.37 earnings per share. The firm’s revenue for the quarter was up 42.2% on a year-over-year basis. Materion has set its FY 2026 guidance at 6.800-7.200 EPS. Equities analysts forecast that Materion Corporation will post 7.06 earnings per share for the current fiscal year.

Materion Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Thursday, August 20th will be given a dividend of $0.145 per share. This represents a $0.58 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Thursday, August 20th. Materion’s dividend payout ratio (DPR) is currently 13.52%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on MTRN shares. Weiss Ratings cut Materion from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, August 7th. Zacks Research raised shares of Materion from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. Wall Street Zen raised shares of Materion from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Finally, KeyCorp increased their target price on shares of Materion from $237.00 to $306.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $306.00.

Institutional Trading of Materion

Hedge funds have recently added to or reduced their stakes in the business. UBS Group AG lifted its position in shares of Materion by 18.8% in the 4th quarter. UBS Group AG now owns 60,378 shares of the basic materials company’s stock worth $7,506,000 after purchasing an additional 9,576 shares during the period. King Luther Capital Management Corp lifted its stake in shares of Materion by 95.1% in the 4th quarter. King Luther Capital Management Corp now owns 74,075 shares of the basic materials company’s stock valued at $9,209,000 after purchasing an additional 36,112 shares during the period. First Eagle Investment Management LLC lifted its position in Materion by 136.7% during the fourth quarter. First Eagle Investment Management LLC now owns 58,000 shares of the basic materials company’s stock valued at $7,211,000 after buying an additional 33,500 shares during the period. California State Teachers Retirement System lifted its position in Materion by 25.0% during the 1st quarter. California State Teachers Retirement System now owns 24,612 shares of the basic materials company’s stock valued at $3,560,000 after acquiring an additional 4,926 shares during the period. Finally, Principal Financial Group Inc. boosted its position in shares of Materion by 21.5% in the 1st quarter. Principal Financial Group Inc. now owns 120,164 shares of the basic materials company’s stock worth $17,382,000 after purchasing an additional 21,295 shares in the last quarter. 93.56% of the stock is owned by institutional investors.

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.