Materion (NYSE:MTRN) Director Vinod Khilnani Sells 2,000 Shares

Materion Corporation (NYSE:MTRN) Director Vinod Khilnani sold 2,000 shares of Materion stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $235.16, for a total value of $470,320.00. Following the sale, the director directly owned 11,171 shares in the company, valued at approximately $2,626,972.36. The trade was a 15.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Materion Stock Down 1.2%

Shares of NYSE:MTRN opened at $233.32 on Wednesday. Materion Corporation has a 52-week low of $107.72 and a 52-week high of $304.58. The firm has a market capitalization of $4.86 billion, a P/E ratio of 54.39 and a beta of 1.08. The stock has a 50 day moving average price of $253.59 and a 200-day moving average price of $208.16. 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 (NYSE:MTRN) last released its earnings results on Wednesday, August 5th. The basic materials company reported $1.90 EPS for the quarter, beating 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 company had revenue of $308.19 million during the quarter, compared to analysts’ expectations of $549.82 million. During the same quarter last year, the business posted $1.37 EPS. The firm’s revenue for the quarter was up 42.2% compared to the same quarter last year. Materion has set its FY 2026 guidance at 6.800-7.200 EPS. As a group, equities research analysts anticipate that Materion Corporation will post 7.06 EPS for the current fiscal year.

Materion Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Thursday, August 20th will be given a dividend of $0.145 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $0.58 annualized dividend and a yield of 0.2%. Materion’s dividend payout ratio (DPR) is currently 13.52%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. KeyCorp increased their price target on shares of Materion from $237.00 to $306.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. Wall Street Zen upgraded shares of Materion from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Zacks Research raised shares of Materion from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. Finally, Weiss Ratings upgraded shares of Materion from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, August 24th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $306.00.

Hedge Funds Weigh In On Materion

Several large investors have recently modified their holdings of the stock. AQR Capital Management LLC bought a new stake in Materion during the 1st quarter valued at about $201,000. Millennium Management LLC raised its holdings in Materion by 54.1% in the 1st quarter. Millennium Management LLC now owns 89,212 shares of the basic materials company’s stock worth $7,280,000 after acquiring an additional 31,305 shares during the last quarter. Jones Financial Companies Lllp bought a new position in Materion in the 1st quarter valued at approximately $34,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Materion by 12.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 54,045 shares of the basic materials company’s stock valued at $4,410,000 after acquiring an additional 5,894 shares in the last quarter. Finally, Jane Street Group LLC boosted its stake in Materion by 44.9% during the 1st quarter. Jane Street Group LLC now owns 35,319 shares of the basic materials company’s stock valued at $2,882,000 after purchasing an additional 10,940 shares during the last quarter. Hedge funds and other institutional investors own 93.56% of the company’s stock.

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.