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

Materion Corporation (NYSE:MTRN) Director Emily Liggett sold 1,012 shares of Materion stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $232.42, for a total value of $235,209.04. Following the completion of the sale, the director owned 3,161 shares of the company’s stock, valued at $734,679.62. This trade represents a 24.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Materion Trading Up 0.6%

Shares of MTRN traded up $1.54 during trading hours on Thursday, hitting $239.51. The stock had a trading volume of 45,923 shares, compared to its average volume of 286,779. Materion Corporation has a 12-month low of $108.28 and a 12-month high of $304.58. The firm has a market cap of $4.99 billion, a P/E ratio of 55.60 and a beta of 1.08. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.29 and a current ratio of 2.94. The company’s fifty day simple moving average is $252.96 and its 200 day simple moving average is $208.71.

Materion (NYSE:MTRN) last released its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $1.90 EPS for the quarter, beating the consensus estimate of $1.52 by $0.38. Materion had a return on equity of 13.38% and a net margin of 4.29%.The company had revenue of $308.19 million for the quarter, compared to analyst estimates of $549.82 million. During the same period last year, the company posted $1.37 earnings per share. The firm’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. Equities research analysts forecast 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 issued a $0.145 dividend. This represents a $0.58 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Thursday, August 20th. Materion’s dividend payout ratio is currently 13.52%.

Institutional Trading of Materion

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Allianz Asset Management GmbH acquired a new position in shares of Materion in the 2nd quarter worth $7,884,000. Corient Private Wealth LP acquired a new position in shares of Materion in the 2nd quarter valued at $410,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Materion in the 2nd quarter worth about $1,338,000. California State Teachers Retirement System raised its holdings in Materion by 28,829.4% during the 2nd quarter. California State Teachers Retirement System now owns 7,120,111 shares of the basic materials company’s stock worth $2,117,450,000 after buying an additional 7,095,499 shares during the period. Finally, Odyssean LLC purchased a new stake in Materion during the second quarter valued at about $237,000. 93.56% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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