Materion Corporation $MTRN is Trigran Investments Inc.’s Largest Position

Trigran Investments Inc. lessened its stake in shares of Materion Corporation (NYSE:MTRN) by 8.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 458,073 shares of the basic materials company’s stock after selling 39,656 shares during the quarter. Materion makes up approximately 11.2% of Trigran Investments Inc.’s holdings, making the stock its largest holding. Trigran Investments Inc.’s holdings in Materion were worth $56,948,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Maseco LLP purchased a new stake in Materion during the 4th quarter worth about $27,000. Montag A & Associates Inc. increased its position in Materion by 1,607.7% during the 3rd quarter. Montag A & Associates Inc. now owns 222 shares of the basic materials company’s stock worth $27,000 after purchasing an additional 209 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new stake in Materion during the 3rd quarter worth about $35,000. Kestra Advisory Services LLC purchased a new stake in Materion during the 4th quarter worth about $40,000. Finally, EverSource Wealth Advisors LLC increased its position in Materion by 182.9% during the 2nd 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 in the last quarter. Hedge funds and other institutional investors own 93.56% of the company’s stock.

Materion Stock Up 0.1%

MTRN opened at $247.41 on Monday. 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 stock has a market capitalization of $5.15 billion, a price-to-earnings ratio of 67.60 and a beta of 1.08. The business has a 50-day moving average of $196.14 and a two-hundred day moving average of $159.44. Materion Corporation has a 12 month low of $76.09 and a 12 month high of $257.14.

Materion (NYSE:MTRN) last posted its quarterly 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 company had revenue of $261.79 million during 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 firm’s revenue was up 30.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.13 EPS. Materion has set its FY 2026 guidance at 6.000-6.50 EPS. On average, research analysts expect that Materion Corporation will post 6.48 earnings per share for the current year.

Materion Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Thursday, May 28th were issued a $0.145 dividend. This is a positive change from Materion’s previous quarterly dividend of $0.14. The ex-dividend date was Thursday, May 28th. This represents a $0.58 annualized dividend and a yield of 0.2%. Materion’s dividend payout ratio (DPR) is presently 15.85%.

Analyst Ratings Changes

A number of analysts recently commented on the company. Wall Street Zen cut Materion from a “buy” rating to a “hold” rating in a research report on Sunday, March 15th. KeyCorp lifted their price objective on Materion from $223.00 to $237.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 2nd. Weiss Ratings restated a “hold (c)” rating on shares of Materion in a report on Wednesday, May 13th. Finally, Robert W. Baird initiated coverage on Materion in a report on Wednesday, April 1st. They issued an “outperform” rating for the company. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $237.00.

Materion 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.