SG Americas Securities LLC Has $3.83 Million Stake in Materion Corporation $MTRN

SG Americas Securities LLC lifted its stake in Materion Corporation (NYSE:MTRN) by 1,358.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 30,806 shares of the basic materials company’s stock after purchasing an additional 28,694 shares during the quarter. SG Americas Securities LLC’s holdings in Materion were worth $3,830,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in MTRN. Montag A & Associates Inc. increased its stake in Materion by 1,607.7% during the 3rd quarter. Montag A & Associates Inc. now owns 222 shares of the basic materials company’s stock worth $27,000 after acquiring an additional 209 shares during the period. EverSource Wealth Advisors LLC lifted its position in shares of Materion by 182.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 348 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 225 shares during the period. Jones Financial Companies Lllp bought a new stake in shares of Materion during the 1st quarter valued at $34,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Materion during the 3rd quarter worth $35,000. Finally, Advisory Services Network LLC acquired a new stake in shares of Materion during the 3rd quarter worth $46,000. Institutional investors and hedge funds own 93.56% of the company’s stock.

Analyst Ratings Changes

MTRN has been the subject of a number of analyst reports. KeyCorp began coverage on Materion in a research note on Wednesday, March 25th. They issued an “overweight” rating and a $170.00 price target for the company. Robert W. Baird began coverage on shares of Materion in a research note on Wednesday. They set an “outperform” rating on the stock. Weiss Ratings reissued a “hold (c-)” rating on shares of Materion in a report on Thursday, January 22nd. Finally, Wall Street Zen cut shares of Materion from a “buy” rating to a “hold” rating in a research report on Sunday, March 15th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Materion presently has an average rating of “Moderate Buy” and a consensus target price of $170.00.

Insiders Place Their Bets

In related news, VP Gregory R. Chemnitz sold 4,517 shares of Materion stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $157.32, for a total transaction of $710,614.44. Following the sale, the vice president directly owned 5,930 shares in the company, valued at $932,907.60. This trade represents a 43.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 transaction of $595,440.00. Following the sale, the director directly owned 13,665 shares in the company, valued at $2,034,171.90. The trade was a 22.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 49,549 shares of company stock worth $7,548,444 over the last quarter. 2.60% of the stock is currently owned by corporate insiders.

Materion Trading Up 0.8%

NYSE MTRN opened at $149.10 on Friday. The company has a market cap of $3.10 billion, a price-to-earnings ratio of 41.53 and a beta of 0.91. Materion Corporation has a twelve month low of $69.10 and a twelve month high of $172.03. The company has a quick ratio of 1.29, a current ratio of 3.11 and a debt-to-equity ratio of 0.48. The business’s fifty day moving average is $147.26 and its 200 day moving average is $133.08.

Materion (NYSE:MTRN) last posted its earnings results on Thursday, February 12th. The basic materials company reported $1.53 EPS for the quarter, beating the consensus estimate of $1.51 by $0.02. Materion had a return on equity of 12.36% and a net margin of 4.19%.The firm had revenue of $489.75 million during the quarter, compared to the consensus estimate of $448.78 million. During the same period last year, the company earned $1.55 earnings per share. The business’s quarterly revenue was up 12.1% on a year-over-year basis. Materion has set its FY 2026 guidance at 6.000-6.500 EPS. As a group, sell-side analysts expect that Materion Corporation will post 5.5 EPS for the current fiscal year.

Materion Announces Dividend

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

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.