Materion Corporation (NYSE:MTRN) Stock Now Rated “Moderate Buy” by Sell-Side Brokerages

Shares of Materion Corporation (NYSE:MTRN) have earned a consensus recommendation of “Moderate Buy” from the five analysts that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $310.00.

A number of equities research analysts have weighed in on MTRN shares. KeyCorp lifted their price target on shares of Materion from $237.00 to $306.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Weiss Ratings upgraded shares of Materion from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday. Zacks Research lowered shares of Materion from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Wall Street Zen raised shares of Materion from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Finally, Jefferies Financial Group assumed coverage on shares of Materion in a report on Wednesday, September 2nd. They issued a “buy” rating and a $314.00 target price for the company.

Materion Stock Performance

NYSE MTRN opened at $244.64 on Friday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.29 and a current ratio of 2.94. The stock’s fifty day moving average is $260.00 and its two-hundred day moving average is $233.99. The firm has a market capitalization of $5.10 billion, a P/E ratio of 57.03 and a beta of 1.05. Materion has a fifty-two week low of $109.61 and a fifty-two week high of $324.98.

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 business had revenue of $308.19 million during the quarter, compared to the consensus estimate of $549.82 million. During the same quarter last year, the firm earned $1.37 EPS. The business’s 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. On average, research analysts anticipate that Materion will post 7.04 earnings per share for the current year.

Materion Dividend Announcement

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

Insider Transactions at Materion

In related news, CEO Jugal K. Vijayvargiya sold 24,336 shares of the business’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $291.62, for a total value of $7,096,864.32. Following the sale, the chief executive officer owned 116,699 shares in the company, valued at approximately $34,031,762.38. The trade was a 17.26% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Emily M. Liggett sold 1,012 shares of the stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $232.42, for a total value of $235,209.04. Following the transaction, the director directly owned 3,161 shares in the company, valued at approximately $734,679.62. The trade was a 24.25% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 29,053 shares of company stock valued at $8,301,958. Corporate insiders own 2.80% of the company’s stock.

Hedge Funds Weigh In On Materion

Institutional investors have recently bought and sold shares of the company. Contravisory Investment Management Inc. grew its position in Materion by 2.2% in the 2nd quarter. Contravisory Investment Management Inc. now owns 1,867 shares of the basic materials company’s stock valued at $555,000 after acquiring an additional 40 shares in the last quarter. Allworth Financial LP lifted its position in shares of Materion by 32.6% during the second quarter. Allworth Financial LP now owns 175 shares of the basic materials company’s stock worth $52,000 after purchasing an additional 43 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its position in shares of Materion by 1.3% during the first quarter. Oregon Public Employees Retirement Fund now owns 4,760 shares of the basic materials company’s stock worth $689,000 after purchasing an additional 63 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in shares of Materion by 21.6% in the third quarter. Farther Finance Advisors LLC now owns 389 shares of the basic materials company’s stock valued at $105,000 after purchasing an additional 69 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its stake 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 purchasing an additional 72 shares during the period. 93.56% of the stock is owned by institutional investors and hedge funds.

Materion Company Profile

Materion Corporation is an advanced materials company that develops, manufactures and supplies highly engineered materials and related products for demanding industrial applications. Its portfolio includes specialty alloys, beryllium and beryllium-based materials, precious-metal products, inorganic chemicals, thin-film materials and precision optical components.

The company’s products are used in semiconductor manufacturing, aerospace and defense, medical technology, telecommunications, automotive systems, consumer electronics and other high-technology markets.