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

Materion Corporation (NYSE:MTRN) Director Emily Liggett sold 1,012 shares of the business’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $232.42, for a total transaction of $235,209.04. Following the transaction, the director directly owned 3,161 shares of the company’s stock, valued at approximately $734,679.62. This trade represents a 24.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Materion Stock Up 1.2%

Materion stock opened at $243.33 on Friday. The company has a 50-day simple moving average of $251.31 and a 200-day simple moving average of $209.51. The firm has a market capitalization of $5.07 billion, a P/E ratio of 56.72 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. Materion Corporation has a one year low of $108.28 and a one year high of $304.58.

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

Materion Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Thursday, August 20th were issued a dividend of $0.145 per share. This represents a $0.58 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Thursday, August 20th. Materion’s payout ratio is 13.52%.

Institutional Investors Weigh In On Materion

Institutional investors have recently added to or reduced their stakes in the company. California State Teachers Retirement System raised its stake in shares of Materion by 28,829.4% in 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 in the last quarter. BlackRock Inc. bought a new position in Materion during the second quarter valued at about $1,032,985,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in Materion during the second quarter worth about $132,656,000. State Street Corp raised its position in Materion by 28.0% in the second quarter. State Street Corp now owns 1,298,956 shares of the basic materials company’s stock worth $103,098,000 after acquiring an additional 283,998 shares in the last quarter. Finally, Bank of America Corp DE acquired a new stake in Materion in the 2nd quarter valued at about $51,481,000. 93.56% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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