Materion (NYSE:MTRN) Price Target Cut to $232.00 by Analysts at KeyCorp

Materion (NYSE:MTRN) had its target price decreased by equities researchers at KeyCorp from $306.00 to $232.00 in a research report issued on Thursday, Benzinga reports. The firm currently has an “overweight” rating on the basic materials company’s stock. KeyCorp‘s price objective points to a potential upside of 31.08% from the stock’s current price.

Other equities analysts also recently issued research reports about the stock. Jefferies Financial Group assumed coverage on shares of Materion in a research note on Wednesday, September 2nd. They set a “buy” rating and a $314.00 price objective on the stock. Seaport Research Partners raised shares of Materion from a “neutral” rating to a “buy” rating and set a $250.00 target price for the company in a research note on Thursday. Zacks Research downgraded Materion from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Wall Street Zen upgraded Materion from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Finally, Weiss Ratings lowered Materion from a “buy (b-)” rating to a “hold (c)” rating in a research note on Thursday, October 29th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $273.00.

Materion Trading Down 5.5%

NYSE:MTRN traded down $10.27 on Thursday, reaching $176.99. The stock had a trading volume of 74,917 shares, compared to its average volume of 280,599. The company has a market cap of $3.69 billion, a price-to-earnings ratio of 41.36 and a beta of 1.10. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.94 and a quick ratio of 1.29. The firm’s fifty day moving average is $251.83 and its two-hundred day moving average is $212.48. Materion has a 12-month low of $110.69 and a 12-month high of $324.98.

Materion (NYSE:MTRN) last issued its quarterly earnings results on Wednesday, November 4th. The basic materials company reported $1.93 EPS for the quarter, topping analysts’ consensus estimates of $1.89 by $0.04. The business had revenue of $313.66 million during the quarter, compared to the consensus estimate of $611.38 million. Materion had a net margin of 4.29% and a return on equity of 13.38%. The company’s quarterly revenue was up 27.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.41 earnings per share. Equities analysts expect that Materion will post 7.04 EPS for the current fiscal year.

Insider Buying and Selling at Materion

In related news, CFO Shelly Chadwick sold 1,705 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The shares were 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 approximately $4,467,078. This trade represents a 10.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Jugal Vijayvargiya sold 24,336 shares of the company’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $291.62, for a total transaction of $7,096,864.32. Following the sale, the chief executive officer directly owned 116,699 shares of the company’s stock, valued at approximately $34,031,762.38. This trade represents a 17.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 29,053 shares of company stock worth $8,301,958 in the last quarter. Company insiders own 2.80% of the company’s stock.

Institutional Investors Weigh In On Materion

Large investors have recently modified their holdings of the stock. ProShare Advisors LLC raised its stake in shares of Materion by 40.0% during the third quarter. ProShare Advisors LLC now owns 42,131 shares of the basic materials company’s stock valued at $11,358,000 after purchasing an additional 12,042 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al grew its position in shares of Materion by 48.9% during the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 6,700 shares of the basic materials company’s stock worth $1,806,000 after buying an additional 2,200 shares in the last quarter. Choreo LLC grew its position in shares of Materion by 10.2% during the third quarter. Choreo LLC now owns 1,320 shares of the basic materials company’s stock worth $356,000 after buying an additional 122 shares in the last quarter. EULAV Asset Management bought a new stake in shares of Materion in the third quarter worth $2,399,000. Finally, Citizens Financial Group Inc. RI increased its stake in shares of Materion by 7.4% in the third quarter. Citizens Financial Group Inc. RI now owns 3,050 shares of the basic materials company’s stock worth $822,000 after buying an additional 211 shares during the last quarter. Institutional investors and hedge funds own 93.56% of the company’s stock.

Materion News Summary

Here are the key news stories impacting Materion this week:

• Positive Sentiment: Materion reported record Q3 2026 net sales of $567.3 million, up from $444.8 million a year earlier. Adjusted EPS was $1.93, above the $1.89 consensus estimate and versus $1.41 a year ago; net income rose to $38.3 million. Materion Q3 results and outlook
• Positive Sentiment: The company raised its full-year 2026 adjusted EPS outlook to $7.10–$7.40 and anticipates high-teens top-line growth, signaling stronger expectations for the year. Materion raises outlook
• Positive Sentiment: Seaport Global Securities upgraded Materion to Buy, adding an additional positive analyst signal. Seaport Global upgrade

About Materion

Materion Corporation is an advanced materials company that develops, manufactures and supplies engineered materials for demanding applications. Its product portfolio includes beryllium and beryllium-aluminum alloys, specialty metals, precious-metal and clad materials, thin-film coating materials, optical filters and other precision components.

The company’s materials and products are used in aerospace and defense, semiconductor manufacturing, communications, medical technology, energy, automotive and other industrial markets.