Emerald Investment Advisers LLC Purchases Shares of 36,480 Materion Corporation $MTRN

Emerald Investment Advisers LLC purchased a new stake in shares of Materion Corporation (NYSE:MTRN) in the 2nd quarter, Holdings Channel.com reports. The fund purchased 36,480 shares of the basic materials company’s stock, valued at approximately $10,849,000.

A number of other hedge funds also recently modified their holdings of MTRN. EverSource Wealth Advisors LLC grew its stake in shares of Materion by 182.9% in the second 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 during the last quarter. Harbor Investment Advisory LLC bought a new position in Materion during the 2nd quarter worth $32,000. Jones Financial Companies Lllp acquired a new position in Materion during the 1st quarter worth about $34,000. Measured Wealth Private Client Group LLC acquired a new position in Materion during the 3rd quarter worth about $35,000. Finally, Kestra Advisory Services LLC acquired a new position in Materion during the 4th quarter worth about $40,000. Institutional investors and hedge funds own 93.56% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on MTRN. Weiss Ratings cut Materion from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, August 7th. Wall Street Zen upgraded Materion from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. KeyCorp lifted their price objective on Materion from $237.00 to $306.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. Finally, Zacks Research upgraded Materion from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $306.00.

Insider Buying and Selling

In other Materion news, CEO Jugal K. Vijayvargiya sold 24,336 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $291.62, for a total value of $7,096,864.32. Following the transaction, the chief executive officer directly owned 116,699 shares of the company’s stock, valued at approximately $34,031,762.38. The trade was a 17.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Shelly Marie Chadwick sold 1,705 shares of the stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $293.00, for a total value of $499,565.00. Following the transaction, the chief financial officer owned 15,246 shares in the company, valued at $4,467,078. The trade was a 10.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 2.80% of the company’s stock.

Materion Price Performance

MTRN stock opened at $231.55 on Friday. The firm has a market cap of $4.82 billion, a price-to-earnings ratio of 53.97 and a beta of 1.07. The company has a quick ratio of 1.29, a current ratio of 2.94 and a debt-to-equity ratio of 0.44. Materion Corporation has a 12-month low of $107.72 and a 12-month high of $304.58. The company’s fifty day simple moving average is $257.89 and its 200 day simple moving average is $203.47.

Materion (NYSE:MTRN) last issued its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $1.90 earnings per share for the quarter, topping analysts’ consensus estimates of $1.52 by $0.38. Materion had a return on equity of 13.38% and a net margin of 4.29%.The firm had revenue of $308.19 million during the quarter, compared to the consensus estimate of $549.82 million. During the same period last year, the business posted $1.37 EPS. The business’s revenue was up 42.2% compared to the same quarter last year. Materion has set its FY 2026 guidance at 6.800-7.200 EPS. On average, analysts expect that Materion Corporation will post 7.06 earnings per share for the current year.

Materion Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Thursday, August 20th will be paid a dividend of $0.145 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $0.58 annualized dividend and a yield of 0.3%. Materion’s dividend payout ratio (DPR) is currently 13.52%.

About Materion

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.