Materion (NYSE:MTRN) CFO Shelly Marie Chadwick Sells 2,539 Shares

Materion Corporation (NYSE:MTRN) CFO Shelly Marie Chadwick sold 2,539 shares of the firm’s stock in a transaction dated 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 transaction, the chief financial officer directly owned 15,243 shares in the company, valued at approximately $2,439,794.58. This represents a 14.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Shelly Marie Chadwick also recently made the following trade(s):

• On Monday, February 23rd, Shelly Marie Chadwick sold 8,976 shares of Materion stock. The shares were sold at an average price of $146.13, for a total value of $1,311,662.88.

Materion Price Performance

Shares of NYSE:MTRN opened at $161.09 on Wednesday. The firm has a 50 day simple moving average of $144.18 and a 200 day simple moving average of $128.42. The company has a market cap of $3.34 billion, a price-to-earnings ratio of 44.87 and a beta of 0.84. Materion Corporation has a one year low of $69.10 and a one year 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 announced its quarterly earnings results on Thursday, February 12th. The basic materials company reported $1.53 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 company had revenue of $489.75 million during the quarter, compared to analysts’ expectations of $448.78 million. During the same period in the prior year, the company earned $1.55 EPS. Materion’s revenue was up 12.1% compared to the same quarter last year. Materion has set its FY 2026 guidance at 6.000-6.500 EPS. Research analysts predict that Materion Corporation will post 5.5 earnings per share for the current fiscal year.

Materion Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 6th. Shareholders of record on Thursday, February 19th will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Thursday, February 19th. This represents a $0.56 dividend on an annualized basis and a yield of 0.3%. Materion’s dividend payout ratio is 15.60%.

Institutional Inflows and Outflows

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

Analyst Upgrades and Downgrades

Several brokerages recently commented on MTRN. KeyCorp upped their target price on Materion from $159.00 to $170.00 and gave the company an “overweight” rating in a research report on Friday, February 13th. Weiss Ratings restated a “hold (c-)” rating on shares of Materion in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus 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.