Materion (NYSE:MTRN) CAO Melissa Fashinpaur Sells 309 Shares

Materion Corporation (NYSE:MTRN) CAO Melissa Fashinpaur sold 309 shares of Materion stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $160.00, for a total transaction of $49,440.00. Following the completion of the transaction, the chief accounting officer owned 310 shares in the company, valued at $49,600. This trade represents a 49.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Materion Stock Down 3.3%

MTRN stock opened at $161.09 on Wednesday. The stock has a market capitalization of $3.34 billion, a price-to-earnings ratio of 44.87 and a beta of 0.84. The company has a 50-day moving average of $144.18 and a two-hundred day moving average of $128.42. Materion Corporation has a 52-week low of $69.10 and a 52-week high of $172.03. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.11 and a quick ratio of 1.29.

Materion (NYSE:MTRN) last released 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 firm had revenue of $489.75 million for the quarter, compared to analyst estimates of $448.78 million. During the same quarter last year, the firm posted $1.55 EPS. The company’s 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, equities research analysts anticipate that Materion Corporation will post 5.5 EPS for the current year.

Materion Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 6th. Investors of record on Thursday, February 19th will be paid a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Thursday, February 19th. Materion’s dividend payout ratio (DPR) is presently 15.60%.

Institutional Investors Weigh In On Materion

A number of hedge funds and other institutional investors have recently bought and sold shares of MTRN. Oliver Luxxe Assets LLC bought a new stake in Materion during the 3rd quarter worth about $1,673,000. Jackson Creek Investment Advisors LLC bought a new stake in shares of Materion during the third quarter valued at approximately $1,946,000. Advisors Asset Management Inc. increased its holdings in shares of Materion by 230.5% in the third quarter. Advisors Asset Management Inc. now owns 10,918 shares of the basic materials company’s stock valued at $1,319,000 after purchasing an additional 7,615 shares in the last quarter. AXQ Capital LP acquired a new stake in shares of Materion in the second quarter valued at approximately $469,000. Finally, American Century Companies Inc. raised its position in Materion by 222.3% in the 2nd quarter. American Century Companies Inc. now owns 238,418 shares of the basic materials company’s stock worth $18,923,000 after purchasing an additional 164,433 shares during the last quarter. 93.56% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

MTRN has been the subject of a number of recent research reports. Weiss Ratings restated a “hold (c-)” rating on shares of Materion in a research note on Thursday, January 22nd. KeyCorp upped their target price on shares of Materion from $159.00 to $170.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $170.00.

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.