Materion Corporation $MTRN Shares Sold by Copeland Capital Management LLC

Copeland Capital Management LLC lowered its holdings in Materion Corporation (NYSE:MTRN) by 18.2% during the fourth quarter, Holdings Channel reports. The fund owned 304,939 shares of the basic materials company’s stock after selling 67,909 shares during the quarter. Copeland Capital Management LLC’s holdings in Materion were worth $37,910,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Oliver Luxxe Assets LLC acquired a new stake in shares of Materion in the third quarter worth $1,673,000. First Eagle Investment Management LLC acquired a new stake in shares of Materion in the third quarter worth $2,960,000. Harvey Partners LLC acquired a new stake in shares of Materion in the third quarter worth $38,418,000. Jackson Creek Investment Advisors LLC acquired a new stake in Materion during the third quarter valued at $1,946,000. Finally, JPMorgan Chase & Co. grew its position in Materion by 155.8% during the third quarter. JPMorgan Chase & Co. now owns 190,626 shares of the basic materials company’s stock valued at $23,030,000 after buying an additional 116,091 shares during the period. Institutional investors and hedge funds own 93.56% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on MTRN. Weiss Ratings restated a “hold (c-)” rating on shares of Materion in a research report on Thursday, January 22nd. KeyCorp began coverage on shares of Materion in a research report on Wednesday, March 25th. They set an “overweight” rating and a $170.00 price target on the stock. Robert W. Baird began coverage on shares of Materion in a research report on Wednesday, April 1st. They set an “outperform” rating on the stock. Finally, Wall Street Zen lowered shares of Materion from a “buy” rating to a “hold” rating in a research report on Sunday, March 15th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $170.00.

Insiders Place Their Bets

In other news, CEO Jugal K. Vijayvargiya sold 12,245 shares of Materion stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $156.86, for a total value of $1,920,750.70. Following the sale, the chief executive officer owned 118,008 shares in the company, valued at $18,510,734.88. This trade represents a 9.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Shelly Marie Chadwick sold 2,539 shares of Materion stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $160.06, for a total transaction of $406,392.34. Following the completion of the sale, the chief financial officer owned 15,243 shares in the company, valued at approximately $2,439,794.58. This trade represents a 14.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 49,549 shares of company stock valued at $7,548,444. 2.80% of the stock is owned by company insiders.

Materion Stock Up 2.1%

Shares of NYSE MTRN opened at $183.10 on Friday. The company’s 50-day simple moving average is $153.87 and its 200-day simple moving average is $138.00. Materion Corporation has a 52-week low of $70.94 and a 52-week high of $185.24. The firm has a market cap of $3.81 billion, a price-to-earnings ratio of 51.00 and a beta of 0.91. The company has a quick ratio of 1.29, a current ratio of 3.11 and a debt-to-equity ratio of 0.48.

Materion (NYSE:MTRN) last announced its earnings results on Thursday, February 12th. The basic materials company reported $1.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.51 by $0.02. Materion had a net margin of 4.19% and a return on equity of 12.36%. The business had revenue of $489.75 million for the quarter, compared to analyst estimates of $448.78 million. During the same quarter last year, the business earned $1.55 earnings per share. The company’s revenue for the quarter was up 12.1% compared to the same quarter last year. Materion has set its FY 2026 guidance at 6.000-6.500 EPS. Equities analysts predict that Materion Corporation will post 6.4 EPS for the current fiscal year.

Materion Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 6th. Stockholders of record on Thursday, February 19th were given a $0.14 dividend. The ex-dividend date was Thursday, February 19th. This represents a $0.56 annualized dividend and a dividend yield of 0.3%. Materion’s dividend payout ratio (DPR) is 15.60%.

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.