Materion Corporation (MTRN) – What Are Analysts Thinking About This Stock?

Shares of Materion Corporation (NYSE:MTRN) have been given a consensus recommendation of “Moderate Buy” by the five analysts that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $310.00.

Several research analysts have recently weighed in on the stock. Weiss Ratings upgraded shares of Materion from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, October 14th. Zacks Research downgraded shares of Materion from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. Jefferies Financial Group assumed coverage on Materion in a research note on Wednesday, September 2nd. They issued a “buy” rating and a $314.00 price objective for the company. KeyCorp raised their target price on Materion from $237.00 to $306.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. Finally, Wall Street Zen raised Materion from a “hold” rating to a “buy” rating in a report on Saturday, August 8th.

Materion Price Performance

NYSE MTRN opened at $221.16 on Friday. The company has a 50-day moving average price of $255.23 and a 200-day moving average price of $237.10. Materion has a 52 week low of $109.61 and a 52 week high of $324.98. The company has a quick ratio of 1.29, a current ratio of 2.94 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $4.61 billion, a P/E ratio of 51.55 and a beta of 1.05.

Materion (NYSE:MTRN) last announced its earnings results on Wednesday, August 5th. The basic materials company reported $1.90 earnings per share (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 analyst estimates of $549.82 million. During the same period in the previous year, the business posted $1.37 earnings per share. The firm’s quarterly revenue was up 42.2% compared to the same quarter last year. Materion has set its FY 2026 guidance at 6.800-7.200 EPS. Equities research analysts anticipate that Materion will post 7.04 earnings per share for the current year.

Materion Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Thursday, August 20th were issued a dividend of $0.1450 per share. This represents a $0.58 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Thursday, August 20th. Materion’s payout ratio is currently 13.52%.

Insider Buying and Selling

In other news, CFO Shelly Chadwick sold 1,705 shares of the firm’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $293.00, for a total value of $499,565.00. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Vinod M. Khilnani sold 2,000 shares of Materion stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $235.16, for a total value of $470,320.00. Following the transaction, the director directly owned 11,171 shares in the company, valued at approximately $2,626,972.36. The trade was a 15.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 29,053 shares of company stock worth $8,301,958. Corporate insiders own 2.80% of the company’s stock.

Institutional Investors Weigh In On Materion

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MTRN. EULAV Asset Management bought a new stake in Materion during the 3rd quarter worth approximately $2,399,000. Citizens Financial Group Inc. RI boosted its position in shares of Materion by 7.4% in the third quarter. Citizens Financial Group Inc. RI now owns 3,050 shares of the basic materials company’s stock worth $822,000 after purchasing an additional 211 shares during the period. Gibbs Wealth Management bought a new position in shares of Materion in the third quarter worth approximately $441,000. Sterling Capital Management LLC boosted its position in shares of Materion by 836.5% in the third quarter. Sterling Capital Management LLC now owns 693 shares of the basic materials company’s stock worth $187,000 after purchasing an additional 619 shares during the period. Finally, Inspire Investing LLC boosted its position in shares of Materion by 2.0% in the third quarter. Inspire Investing LLC now owns 2,342 shares of the basic materials company’s stock worth $631,000 after purchasing an additional 46 shares during the period. 93.56% of the stock is owned by hedge funds and other institutional investors.

About Materion

Materion Corporation is an advanced materials company that develops, manufactures and supplies engineered materials for demanding applications. Its product portfolio includes beryllium and beryllium-aluminum alloys, specialty metals, precious-metal and clad materials, thin-film coating materials, optical filters and other precision components.

The company’s materials and products are used in aerospace and defense, semiconductor manufacturing, communications, medical technology, energy, automotive and other industrial markets.