Gregory Chemnitz Sells 4,517 Shares of Materion (NYSE:MTRN) Stock

Materion Corporation (NYSE:MTRN) VP Gregory Chemnitz sold 4,517 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $157.32, for a total transaction of $710,614.44. Following the completion of the transaction, the vice president owned 5,930 shares in the company, valued at approximately $932,907.60. The trade was a 43.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Materion Price Performance

Materion stock opened at $160.44 on Thursday. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.11 and a quick ratio of 1.29. The stock has a market cap of $3.33 billion, a price-to-earnings ratio of 44.69 and a beta of 0.84. The firm has a 50-day moving average of $144.83 and a two-hundred day moving average of $128.65. Materion Corporation has a 1 year low of $69.10 and a 1 year high of $172.03.

Materion (NYSE:MTRN) last posted its quarterly earnings results on Thursday, February 12th. The basic materials company reported $1.53 earnings per share for the quarter, beating the consensus estimate of $1.51 by $0.02. Materion had a net margin of 4.19% and a return on equity of 12.36%. The firm had revenue of $489.75 million during the quarter, compared to the consensus estimate of $448.78 million. During the same quarter in the previous year, the firm posted $1.55 earnings per share. 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. On average, research analysts forecast that Materion Corporation will post 5.5 earnings per share for the current year.

Materion Dividend Announcement

The company also recently announced 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 payout ratio is 15.60%.

Institutional Trading of Materion

A number of institutional investors have recently modified their holdings of the company. Maseco LLP purchased a new position in shares of Materion in the 4th quarter worth approximately $27,000. Montag A & Associates Inc. grew its holdings in Materion by 1,607.7% in the third quarter. Montag A & Associates Inc. now owns 222 shares of the basic materials company’s stock worth $27,000 after purchasing an additional 209 shares during the last quarter. Measured Wealth Private Client Group LLC acquired a new position in shares of Materion during the third quarter worth $35,000. Kestra Advisory Services LLC purchased a new stake in shares of Materion during the 4th quarter valued at $40,000. Finally, EverSource Wealth Advisors LLC boosted its position in shares of Materion by 182.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 348 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 225 shares in the last quarter. 93.56% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

MTRN has been the subject of several recent research reports. KeyCorp lifted their price objective on Materion from $159.00 to $170.00 and gave the company an “overweight” rating in a report on Friday, February 13th. Weiss Ratings restated a “hold (c-)” rating on shares of Materion in a report on Thursday, January 22nd. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Materion currently has a consensus rating of “Hold” and an average target price 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.