Materion Corporation (NYSE:MTRN) Receives Average Recommendation of “Moderate Buy” from Analysts

Materion Corporation (NYSE:MTRN) has earned an average rating of “Moderate Buy” from the four research firms that are currently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $237.00.

Several research analysts recently weighed in on MTRN shares. Wall Street Zen lowered Materion from a “buy” rating to a “hold” rating in a research report on Sunday, March 15th. Robert W. Baird began coverage on Materion in a research report on Wednesday, April 1st. They issued an “outperform” rating on the stock. KeyCorp upped their price target on Materion from $223.00 to $237.00 and gave the company an “overweight” rating in a research note on Tuesday, June 2nd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Materion in a report on Wednesday, May 13th.

Institutional Investors Weigh In On Materion

A number of institutional investors have recently made changes to their positions in the stock. AQR Capital Management LLC purchased a new stake in shares of Materion in the 1st quarter valued at approximately $201,000. Millennium Management LLC increased its holdings in Materion by 54.1% in the 1st quarter. Millennium Management LLC now owns 89,212 shares of the basic materials company’s stock valued at $7,280,000 after purchasing an additional 31,305 shares during the last quarter. Jones Financial Companies Lllp acquired a new stake in Materion in the 1st quarter valued at approximately $34,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Materion by 12.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 54,045 shares of the basic materials company’s stock valued at $4,410,000 after purchasing an additional 5,894 shares during the period. Finally, Jane Street Group LLC raised its position in Materion by 44.9% in the first quarter. Jane Street Group LLC now owns 35,319 shares of the basic materials company’s stock valued at $2,882,000 after purchasing an additional 10,940 shares during the period. 93.56% of the stock is currently owned by institutional investors and hedge funds.

Materion Stock Performance

NYSE:MTRN opened at $256.60 on Friday. The company’s 50-day moving average is $234.62 and its two-hundred day moving average is $178.85. Materion has a 1-year low of $84.01 and a 1-year high of $298.87. The company has a debt-to-equity ratio of 0.50, a current ratio of 3.04 and a quick ratio of 1.32. The firm has a market capitalization of $5.34 billion, a price-to-earnings ratio of 70.11 and a beta of 1.03.

Materion (NYSE:MTRN) last announced its quarterly 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. The business had revenue of $261.79 million during the quarter, compared to the consensus estimate of $479.03 million. Materion had a net margin of 3.99% and a return on equity of 12.45%. The business’s revenue was up 30.8% compared to the same quarter last year. During the same quarter last year, the firm earned $1.13 EPS. Materion has set its FY 2026 guidance at 6.000-6.50 EPS. Analysts forecast that Materion will post 6.47 EPS for the current year.

Materion Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Thursday, May 28th were given a $0.145 dividend. The ex-dividend date of this dividend was Thursday, May 28th. This is an increase from Materion’s previous quarterly dividend of $0.14. This represents a $0.58 dividend on an annualized basis and a yield of 0.2%. Materion’s dividend payout ratio is currently 15.85%.

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.