Materion Corporation $MTRN Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. reduced its stake in Materion Corporation (NYSE:MTRN) by 0.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,344,101 shares of the basic materials company’s stock after selling 11,878 shares during the period. Vanguard Group Inc. owned approximately 0.11% of Materion worth $291,419,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. State Street Corp raised its stake in Materion by 28.0% in the second quarter. State Street Corp now owns 1,298,956 shares of the basic materials company’s stock valued at $103,098,000 after buying an additional 283,998 shares in the last quarter. Trigran Investments Inc. raised its stake in Materion by 0.5% in the second quarter. Trigran Investments Inc. now owns 798,747 shares of the basic materials company’s stock valued at $63,397,000 after buying an additional 3,982 shares in the last quarter. American Century Companies Inc. increased its position in shares of Materion by 53.2% during the third quarter. American Century Companies Inc. now owns 365,212 shares of the basic materials company’s stock worth $44,121,000 after purchasing an additional 126,794 shares in the last quarter. Segall Bryant & Hamill LLC increased its position in shares of Materion by 28.9% during the third quarter. Segall Bryant & Hamill LLC now owns 349,500 shares of the basic materials company’s stock worth $42,223,000 after purchasing an additional 78,349 shares in the last quarter. Finally, Harvey Partners LLC acquired a new stake in shares of Materion during the third quarter worth about $38,418,000. 93.56% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Materion news, Director Vinod M. Khilnani sold 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $148.86, for a total value of $595,440.00. Following the sale, the director owned 13,665 shares in the company, valued at approximately $2,034,171.90. This trade represents a 22.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Shelly Marie Chadwick sold 2,539 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $160.06, for a total transaction of $406,392.34. Following the completion of the sale, the chief financial officer owned 15,243 shares in the company, valued at $2,439,794.58. The trade was a 14.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 49,549 shares of company stock valued at $7,548,444 in the last ninety days. Insiders own 2.80% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on MTRN shares. Weiss Ratings restated a “hold (c-)” rating on shares of Materion in a research report on Thursday, January 22nd. Wall Street Zen lowered Materion from a “buy” rating to a “hold” rating in a research note on Sunday, March 15th. KeyCorp boosted their price target on Materion from $170.00 to $185.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Finally, Robert W. Baird began coverage on Materion in a report on Wednesday, April 1st. They set an “outperform” rating for the company. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $185.00.

Materion Stock Performance

Shares of NYSE MTRN opened at $190.27 on Friday. The company has a quick ratio of 1.32, a current ratio of 3.04 and a debt-to-equity ratio of 0.50. The firm’s 50-day moving average price is $159.06 and its two-hundred day moving average price is $141.54. Materion Corporation has a 52-week low of $73.11 and a 52-week high of $201.88. The stock has a market capitalization of $3.96 billion, a P/E ratio of 51.98 and a beta of 1.03.

Materion (NYSE:MTRN) last issued its earnings results on Wednesday, April 29th. The basic materials company reported $1.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.24 by $0.03. Materion had a net margin of 3.99% and a return on equity of 12.45%. The firm had revenue of $261.79 million for the quarter, compared to analysts’ expectations of $479.03 million. During the same quarter last year, the company posted $1.13 earnings per share. Materion’s revenue was up 30.8% on a year-over-year basis. Materion has set its FY 2026 guidance at 6.000-6.50 EPS. As a group, sell-side analysts forecast that Materion Corporation will post 6.48 earnings per share for the current year.

Materion Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Thursday, May 28th will be paid a $0.145 dividend. The ex-dividend date is Thursday, May 28th. This is an increase from Materion’s previous quarterly dividend of $0.14. This represents a $0.58 annualized dividend and a dividend yield of 0.3%. Materion’s dividend payout ratio (DPR) is 15.30%.

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.