Insider Selling: Materion (NYSE:MTRN) CFO Sells $406,392.34 in Stock

Materion Corporation (NYSE:MTRN) CFO Shelly Marie Chadwick sold 2,539 shares of the stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $160.06, for a total transaction of $406,392.34. Following the transaction, the chief financial officer directly 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Shelly Marie Chadwick also recently made the following trade(s):

• On Monday, February 23rd, Shelly Marie Chadwick sold 8,976 shares of Materion stock. The shares were sold at an average price of $146.13, for a total transaction of $1,311,662.88.

Materion Stock Performance

Shares of MTRN stock opened at $150.36 on Friday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.29 and a current ratio of 3.11. The firm has a market cap of $3.12 billion, a P/E ratio of 41.88 and a beta of 0.84. The firm’s 50 day moving average price is $145.28 and its 200-day moving average price is $128.80. Materion Corporation has a one year low of $69.10 and a one year high of $172.03.

Materion (NYSE:MTRN) last announced its earnings results on Thursday, February 12th. The basic materials company reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.51 by $0.02. Materion had a return on equity of 12.36% and a net margin of 4.19%.The company had revenue of $489.75 million for the quarter, compared to analyst estimates of $448.78 million. During the same quarter in the previous year, the company earned $1.55 earnings per share. The firm’s quarterly 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. As a group, equities research analysts predict that Materion Corporation will post 5.5 EPS for the current year.

Materion Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 6th. Investors of record on Thursday, February 19th will be issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Thursday, February 19th. Materion’s dividend payout ratio (DPR) is 15.60%.

Analysts Set New Price Targets

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

Hedge Funds Weigh In On Materion

A number of institutional investors and hedge funds have recently made changes to their positions in MTRN. Montag A & Associates Inc. raised its holdings in Materion by 1,607.7% in the third quarter. Montag A & Associates Inc. now owns 222 shares of the basic materials company’s stock valued at $27,000 after acquiring an additional 209 shares in the last quarter. Maseco LLP purchased a new stake in shares of Materion in the 4th quarter valued at approximately $27,000. EverSource Wealth Advisors LLC increased its position in shares of Materion by 182.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 348 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 225 shares during the last quarter. Jones Financial Companies Lllp acquired a new stake in shares of Materion in the 1st quarter valued at $34,000. Finally, Measured Wealth Private Client Group LLC purchased a new stake in shares of Materion during the 3rd quarter worth $35,000. 93.56% of the stock is owned by institutional investors and hedge funds.

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.