Materion Corporation (NYSE:MTRN) Stock Has Consensus Price Target of $310.00 According to Brokerages

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

A number of equities research analysts have recently commented on MTRN shares. KeyCorp raised their target price on Materion from $237.00 to $306.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Wall Street Zen raised Materion from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Zacks Research upgraded Materion from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 6th. Weiss Ratings lowered Materion from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, September 10th. Finally, Jefferies Financial Group began coverage on Materion in a research report on Wednesday, September 2nd. They issued a “buy” rating and a $314.00 price objective for the company.

Insider Activity at Materion

In related news, CFO Shelly 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 value of $499,565.00. Following the completion of the sale, the chief financial officer owned 15,246 shares of the company’s stock, valued at approximately $4,467,078. The trade was a 10.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Vinod Khilnani sold 2,000 shares of the company’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $235.16, for a total transaction of $470,320.00. Following the transaction, the director owned 11,171 shares of the company’s stock, valued at $2,626,972.36. This represents a 15.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 29,053 shares of company stock worth $8,301,958 in the last quarter. 2.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Materion

Large investors have recently bought and sold shares of the company. Contravisory Investment Management Inc. increased its position in Materion by 2.2% during the second quarter. Contravisory Investment Management Inc. now owns 1,867 shares of the basic materials company’s stock worth $555,000 after buying an additional 40 shares in the last quarter. Allworth Financial LP raised its holdings in shares of Materion by 32.6% in the second quarter. Allworth Financial LP now owns 175 shares of the basic materials company’s stock worth $52,000 after acquiring an additional 43 shares during the last quarter. Oregon Public Employees Retirement Fund lifted its position in shares of Materion by 1.3% in the first quarter. Oregon Public Employees Retirement Fund now owns 4,760 shares of the basic materials company’s stock valued at $689,000 after acquiring an additional 63 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Materion by 22.3% in the first quarter. EverSource Wealth Advisors LLC now owns 395 shares of the basic materials company’s stock valued at $57,000 after acquiring an additional 72 shares in the last quarter. Finally, Harbor Investment Advisory LLC acquired a new stake in shares of Materion during the second quarter valued at $32,000. 93.56% of the stock is currently owned by hedge funds and other institutional investors.

Materion Price Performance

NYSE:MTRN opened at $266.10 on Wednesday. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.94 and a quick ratio of 1.29. The company has a 50 day moving average price of $248.57 and a 200-day moving average price of $219.60. Materion has a 1-year low of $109.61 and a 1-year high of $304.58. The firm has a market cap of $5.54 billion, a price-to-earnings ratio of 62.03 and a beta of 1.08.

Materion (NYSE:MTRN) last announced its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $1.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.52 by $0.38. Materion had a net margin of 4.29% and a return on equity of 13.38%. The firm had revenue of $308.19 million for the quarter, compared to the consensus estimate of $549.82 million. During the same period in the prior year, the firm 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 forecast that Materion will post 7.04 EPS for the current year.

Materion Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Thursday, August 20th were paid a $0.1450 dividend. The ex-dividend date of this dividend was Thursday, August 20th. This represents a $0.58 dividend on an annualized basis and a yield of 0.2%. Materion’s dividend payout ratio (DPR) is currently 13.52%.

Materion Company Profile

Materion Corporation is an advanced materials company that develops, manufactures and supplies engineered materials for demanding industrial and technology applications. Its portfolio includes specialty metals and alloys, thin-film deposition materials, precious and non-precious metal products, beryllium-based materials, specialty chemicals and precision optics.

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