Copeland Capital Management LLC Has $38.37 Million Stock Holdings in Materion Corporation $MTRN

Copeland Capital Management LLC decreased its position in shares of Materion Corporation (NYSE:MTRN) by 13.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 265,247 shares of the basic materials company’s stock after selling 39,692 shares during the quarter. Copeland Capital Management LLC’s holdings in Materion were worth $38,368,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. UBS Group AG raised its holdings in Materion by 18.8% in the fourth quarter. UBS Group AG now owns 60,378 shares of the basic materials company’s stock worth $7,506,000 after purchasing an additional 9,576 shares during the period. First Eagle Investment Management LLC grew its holdings in shares of Materion by 136.7% in the 4th quarter. First Eagle Investment Management LLC now owns 58,000 shares of the basic materials company’s stock valued at $7,211,000 after buying an additional 33,500 shares during the period. King Luther Capital Management Corp increased its position in shares of Materion by 95.1% in the 4th quarter. King Luther Capital Management Corp now owns 74,075 shares of the basic materials company’s stock valued at $9,209,000 after buying an additional 36,112 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Materion by 155.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 190,626 shares of the basic materials company’s stock worth $23,030,000 after buying an additional 116,091 shares during the period. Finally, Royce & Associates LP raised its stake in Materion by 11.2% during the 4th quarter. Royce & Associates LP now owns 108,440 shares of the basic materials company’s stock worth $13,481,000 after buying an additional 10,940 shares during the period. Institutional investors and hedge funds own 93.56% of the company’s stock.

Analysts Set New Price Targets

MTRN has been the subject of a number of research analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Materion in a research note on Wednesday, May 13th. KeyCorp boosted their price objective on Materion from $223.00 to $237.00 and gave the company an “overweight” rating in a research report on Tuesday, June 2nd. Finally, Robert W. Baird started coverage on shares of Materion in a research note on Wednesday, April 1st. They issued 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 company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $237.00.

Materion Stock Up 0.9%

NYSE:MTRN opened at $245.17 on Friday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.32 and a current ratio of 3.04. The company has a market cap of $5.10 billion, a PE ratio of 66.99 and a beta of 1.03. Materion Corporation has a 52-week low of $91.60 and a 52-week high of $298.87. The stock has a 50-day simple moving average of $241.78 and a 200 day simple moving average of $183.59.

Materion (NYSE:MTRN) last released its earnings results on Wednesday, April 29th. The basic materials company reported $1.27 EPS for the quarter, beating the consensus estimate of $1.24 by $0.03. The firm had revenue of $261.79 million for the quarter, compared to analysts’ expectations of $479.03 million. Materion had a return on equity of 12.45% and a net margin of 3.99%.The business’s quarterly revenue was up 30.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.13 EPS. Materion has set its FY 2026 guidance at 6.000-6.50 EPS. On average, sell-side analysts expect that Materion Corporation will post 6.45 EPS for the current fiscal year.

Materion Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Thursday, May 28th were issued a $0.145 dividend. This represents a $0.58 dividend on an annualized basis and a dividend yield of 0.2%. This is a boost from Materion’s previous quarterly dividend of $0.14. The ex-dividend date was Thursday, May 28th. Materion’s dividend payout ratio is 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.