State of Wyoming Has $627,000 Stock Position in Materion Corporation $MTRN

State of Wyoming boosted its stake in Materion Corporation (NYSE:MTRN) by 3,722.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 5,046 shares of the basic materials company’s stock after buying an additional 4,914 shares during the period. State of Wyoming’s holdings in Materion were worth $627,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Pinnacle Associates Ltd. grew its position in shares of Materion by 0.7% during the 3rd quarter. Pinnacle Associates Ltd. now owns 13,045 shares of the basic materials company’s stock worth $1,576,000 after purchasing an additional 95 shares in the last quarter. GAMMA Investing LLC grew its position in shares of Materion by 22.3% during the 4th quarter. GAMMA Investing LLC now owns 604 shares of the basic materials company’s stock worth $75,000 after purchasing an additional 110 shares in the last quarter. State of Alaska Department of Revenue grew its position in shares of Materion by 1.1% during the 4th quarter. State of Alaska Department of Revenue now owns 11,356 shares of the basic materials company’s stock worth $1,411,000 after purchasing an additional 126 shares in the last quarter. Hantz Financial Services Inc. grew its position in shares of Materion by 69.8% during the 4th quarter. Hantz Financial Services Inc. now owns 360 shares of the basic materials company’s stock worth $45,000 after purchasing an additional 148 shares in the last quarter. Finally, Cerity Partners LLC grew its position in shares of Materion by 5.5% during the 2nd quarter. Cerity Partners LLC now owns 3,582 shares of the basic materials company’s stock worth $284,000 after purchasing an additional 187 shares in the last quarter. Institutional investors and hedge funds own 93.56% of the company’s stock.

Materion Stock Performance

NYSE MTRN opened at $220.44 on Friday. The company has a current ratio of 3.04, a quick ratio of 1.32 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $4.59 billion, a price-to-earnings ratio of 60.23 and a beta of 1.08. The firm’s 50 day simple moving average is $186.85 and its 200 day simple moving average is $154.92. Materion Corporation has a 1 year low of $76.09 and a 1 year high of $233.45.

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

Materion Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Thursday, May 28th will be given a dividend of $0.145 per share. The ex-dividend date is Thursday, May 28th. This represents a $0.58 annualized dividend and a dividend yield of 0.3%. This is a positive change from Materion’s previous quarterly dividend of $0.14. Materion’s dividend payout ratio (DPR) is 15.85%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on MTRN shares. Weiss Ratings restated a “hold (c)” rating on shares of Materion in a research report on Wednesday, May 13th. KeyCorp increased their target price on shares of Materion from $223.00 to $237.00 and gave the stock an “overweight” rating in a research report on Tuesday. Wall Street Zen lowered shares of Materion from a “buy” rating to a “hold” rating in a research report on Sunday, March 15th. Finally, Robert W. Baird started coverage on shares of Materion in a research report on Wednesday, April 1st. They set an “outperform” rating on the stock. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $237.00.

Materion 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.