Materion (NYSE:MTRN) Director Emily Liggett Sells 1,012 Shares

Materion Corporation (NYSE:MTRN) Director Emily Liggett sold 1,012 shares of the company’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $232.42, for a total transaction of $235,209.04. Following the transaction, the director owned 3,161 shares of the company’s stock, valued at approximately $734,679.62. This represents a 24.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Materion Trading Up 0.9%

Shares of MTRN stock opened at $240.01 on Friday. The stock’s fifty day simple moving average is $252.15 and its 200 day simple moving average is $209.27. Materion Corporation has a twelve month low of $108.28 and a twelve month high of $304.58. The firm has a market capitalization of $5.00 billion, a P/E ratio of 55.95 and a beta of 1.08. 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 (NYSE:MTRN) last released its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $1.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.38. The firm had revenue of $308.19 million during the quarter, compared to the consensus estimate of $549.82 million. Materion had a net margin of 4.29% and a return on equity of 13.38%. The company’s revenue for the quarter was up 42.2% on a year-over-year basis. During the same quarter last year, the firm earned $1.37 earnings per share. Materion has set its FY 2026 guidance at 6.800-7.200 EPS. As a group, sell-side analysts predict that Materion Corporation will post 7.06 EPS for the current fiscal year.

Materion Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Thursday, August 20th will be given a $0.145 dividend. This represents a $0.58 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Thursday, August 20th. Materion’s payout ratio is 13.52%.

Institutional Investors Weigh In On Materion

Several large investors have recently added to or reduced their stakes in MTRN. California State Teachers Retirement System lifted its stake in Materion by 28,829.4% in the second quarter. California State Teachers Retirement System now owns 7,120,111 shares of the basic materials company’s stock valued at $2,117,450,000 after buying an additional 7,095,499 shares during the period. BlackRock Inc. acquired a new stake in shares of Materion during the 2nd quarter worth approximately $1,032,985,000. State Street Corp increased its stake in shares of Materion by 28.0% in the 2nd quarter. State Street Corp now owns 1,298,956 shares of the basic materials company’s stock valued at $103,098,000 after acquiring an additional 283,998 shares in the last quarter. Trigran Investments Inc. increased its stake in shares of Materion by 0.5% in the 2nd quarter. Trigran Investments Inc. now owns 798,747 shares of the basic materials company’s stock valued at $63,397,000 after acquiring an additional 3,982 shares in the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC acquired a new position in shares of Materion during the 2nd quarter valued at $132,656,000. Institutional investors and hedge funds own 93.56% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on MTRN. Wall Street Zen upgraded Materion from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Zacks Research upgraded shares of Materion from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. KeyCorp boosted their price target on shares of Materion from $237.00 to $306.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Weiss Ratings upgraded shares of Materion from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, August 24th. Finally, Jefferies Financial Group started coverage on shares of Materion in a research note on Wednesday. They set a “buy” rating and a $314.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $310.00.

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.