Materion (NYSE:MTRN) CFO Shelly Marie Chadwick Sells 1,705 Shares of Stock

Materion Corporation (NYSE:MTRN) CFO Shelly Marie Chadwick sold 1,705 shares of the company’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $293.00, for a total transaction of $499,565.00. Following the transaction, the chief financial officer owned 15,246 shares in the company, valued at approximately $4,467,078. The trade was a 10.06% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Materion Stock Up 0.2%

Shares of MTRN traded up $0.66 on Tuesday, reaching $280.33. The company’s stock had a trading volume of 203,627 shares, compared to its average volume of 289,487. The stock has a market capitalization of $5.84 billion, a PE ratio of 65.34 and a beta of 1.07. The company has a current ratio of 2.94, a quick ratio of 1.29 and a debt-to-equity ratio of 0.44. Materion Corporation has a twelve month low of $104.90 and a twelve month high of $304.58. The firm has a fifty day moving average of $251.74 and a 200-day moving average of $195.93.

Materion (NYSE:MTRN) last issued its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $1.90 EPS for the quarter, topping analysts’ consensus estimates of $1.52 by $0.38. Materion had a return on equity of 13.38% and a net margin of 4.29%.The firm had revenue of $308.19 million during the quarter, compared to analyst estimates of $549.82 million. During the same period in the previous year, the company posted $1.37 EPS. The company’s revenue for the quarter was up 42.2% on a year-over-year basis. Materion has set its FY 2026 guidance at 6.800-7.200 EPS. Equities analysts predict that Materion Corporation will post 7.06 EPS for the current year.

Materion Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Thursday, August 20th will be given a $0.145 dividend. This represents a $0.58 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Thursday, August 20th. Materion’s dividend payout ratio is presently 13.52%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on MTRN. Zacks Research raised shares of Materion from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. KeyCorp increased their target price on shares of Materion from $237.00 to $306.00 and gave the company an “overweight” rating in a report on Friday. Wall Street Zen raised shares of Materion from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Weiss Ratings cut shares of Materion from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $306.00.

Institutional Trading of Materion

Institutional investors and hedge funds have recently modified their holdings of the business. BlackRock Inc. purchased a new position in Materion in the second quarter worth $1,032,985,000. State Street Corp increased its position in shares of Materion by 28.0% during the 2nd quarter. State Street Corp now owns 1,298,956 shares of the basic materials company’s stock valued at $103,098,000 after purchasing an additional 283,998 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in shares of Materion during the 2nd quarter worth $49,060,000. Raymond James Financial Inc. raised its stake in shares of Materion by 187.4% during the 3rd quarter. Raymond James Financial Inc. now owns 167,200 shares of the basic materials company’s stock worth $20,199,000 after purchasing an additional 109,017 shares during the period. Finally, Qube Research & Technologies Ltd boosted its holdings in shares of Materion by 313.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 82,019 shares of the basic materials company’s stock worth $6,510,000 after buying an additional 62,187 shares during the last quarter. 93.56% of the stock is owned by hedge funds and other institutional investors.

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.