Materion (NYSE:MTRN) CFO Sells $499,565.00 in Stock

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

Materion Price Performance

Materion stock opened at $283.55 on Friday. The stock has a market capitalization of $5.91 billion, a P/E ratio of 66.10 and a beta of 1.07. Materion Corporation has a 12-month low of $107.72 and a 12-month high of $304.58. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.94 and a quick ratio of 1.29. The firm’s 50-day moving average is $254.98 and its two-hundred day moving average is $198.86.

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

Materion Dividend Announcement

The firm 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. The ex-dividend date is Thursday, August 20th. This represents a $0.58 annualized dividend and a yield of 0.2%. Materion’s payout ratio is 13.52%.

Analyst Ratings Changes

Several research firms have recently issued reports on MTRN. Zacks Research upgraded Materion from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. Weiss Ratings lowered Materion from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, August 7th. Wall Street Zen raised Materion from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, KeyCorp lifted their price target on Materion from $237.00 to $306.00 and gave the company an “overweight” rating in a report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $306.00.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Whalen Wealth Management Inc. acquired a new position in Materion in the second quarter valued at $503,000. Algert Global LLC increased its stake in Materion by 11.1% during the second quarter. Algert Global LLC now owns 33,140 shares of the basic materials company’s stock worth $9,856,000 after acquiring an additional 3,310 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in Materion during the second quarter worth about $871,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of Materion in the 2nd quarter worth about $132,656,000. Finally, Elevation Point Wealth Partners LLC purchased a new position in shares of Materion in the 2nd quarter worth about $211,000. 93.56% of the stock is owned by hedge funds and other institutional investors.

Materion Company 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.