King Luther Capital Management Corp Purchases 36,112 Shares of Materion Corporation $MTRN

King Luther Capital Management Corp grew its position in shares of Materion Corporation (NYSE:MTRN) by 95.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 74,075 shares of the basic materials company’s stock after buying an additional 36,112 shares during the quarter. King Luther Capital Management Corp owned 0.36% of Materion worth $9,209,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Maseco LLP bought a new position in shares of Materion during the 4th quarter valued at $27,000. Montag A & Associates Inc. lifted its holdings in shares of Materion by 1,607.7% during the 3rd quarter. Montag A & Associates Inc. now owns 222 shares of the basic materials company’s stock valued at $27,000 after buying an additional 209 shares during the period. Measured Wealth Private Client Group LLC bought a new position in shares of Materion during the 3rd quarter valued at $35,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Materion by 182.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 348 shares of the basic materials company’s stock valued at $28,000 after buying an additional 225 shares during the period. Finally, Hantz Financial Services Inc. lifted its holdings in shares of Materion by 69.8% during the 4th quarter. Hantz Financial Services Inc. now owns 360 shares of the basic materials company’s stock valued at $45,000 after buying an additional 148 shares during the period. 93.56% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, VP Gregory R. Chemnitz sold 4,517 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $157.32, for a total value of $710,614.44. Following the transaction, the vice president directly owned 5,930 shares of the company’s stock, valued at approximately $932,907.60. This trade represents a 43.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Melissa A. Fashinpaur sold 309 shares of the stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $160.00, for a total value of $49,440.00. Following the completion of the sale, the chief accounting officer owned 310 shares of the company’s stock, valued at $49,600. The trade was a 49.92% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 7,365 shares of company stock valued at $1,166,447. 2.80% of the stock is owned by company insiders.

Materion Price Performance

Shares of Materion stock opened at $221.71 on Thursday. Materion Corporation has a one year low of $73.61 and a one year high of $227.24. The stock’s fifty day moving average is $175.04 and its 200 day moving average is $149.92. The stock has a market cap of $4.61 billion, a P/E ratio of 60.58 and a beta of 1.03. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.32 and a current ratio of 3.04.

Materion (NYSE:MTRN) last announced its earnings results on Wednesday, April 29th. The basic materials company reported $1.27 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.03. Materion had a return on equity of 12.45% and a net margin of 3.99%.The company had revenue of $261.79 million for the quarter, compared to analysts’ expectations of $479.03 million. During the same period last year, the firm earned $1.13 EPS. Materion’s revenue for the quarter was up 30.8% compared to the same quarter last year. Materion has set its FY 2026 guidance at 6.000-6.50 EPS. Sell-side analysts anticipate that Materion Corporation will post 6.48 earnings per share for the current year.

Materion Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Thursday, May 28th will be issued a $0.145 dividend. The ex-dividend date of this dividend is Thursday, May 28th. This represents a $0.58 dividend on an annualized basis and a yield of 0.3%. This is an increase from Materion’s previous quarterly dividend of $0.14. Materion’s payout ratio is 15.30%.

Analyst Ratings Changes

MTRN has been the topic of several research analyst reports. Robert W. Baird initiated coverage on Materion in a report on Wednesday, April 1st. They set an “outperform” rating on the stock. Wall Street Zen cut Materion from a “buy” rating to a “hold” rating in a report on Sunday, March 15th. Weiss Ratings reissued a “hold (c)” rating on shares of Materion in a report on Wednesday, May 13th. Finally, KeyCorp raised their target price on Materion from $185.00 to $223.00 and gave the stock an “overweight” rating in a report on Tuesday, May 19th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $223.00.

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.