Key Points
- CEO Jugal Vijayvargiya sold 12,963 shares at an average price of $148.56 on Feb. 17 for roughly $1.93M, cutting his stake by 9.05% to 130,253 shares, as disclosed in an SEC filing.
- Materion beat quarterly expectations with $1.53 EPS and $489.8M in revenue, set FY2026 guidance of 6.00–6.50 EPS, while analysts' consensus is a "Hold" with an average price target of $170.
- The stock was down 1.7% to $148.36, has a market cap of $3.08B and a P/E of 41.3, and the company declared a quarterly dividend of $0.14 (annualized $0.56, yield 0.4%) with ex-dividend on Feb. 19; institutional investors own about 93.6% of shares.
Materion Corporation (NYSE:MTRN - Get Free Report) Director Vinod Khilnani sold 4,000 shares of the business's stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $148.86, for a total value of $595,440.00. Following the sale, the director owned 13,665 shares of the company's stock, valued at approximately $2,034,171.90. This represents a 22.64% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Materion Stock Performance
Shares of Materion stock traded down $3.29 on Friday, hitting $147.56. The stock had a trading volume of 35,348 shares, compared to its average volume of 181,443. The stock has a market cap of $3.06 billion, a price-to-earnings ratio of 41.23 and a beta of 0.87. The company has a quick ratio of 1.29, a current ratio of 3.11 and a debt-to-equity ratio of 0.48. Materion Corporation has a twelve month low of $69.10 and a twelve month high of $172.03. The business's 50 day moving average is $139.17 and its two-hundred day moving average is $125.45.
Materion (NYSE:MTRN - Get Free Report) last released its quarterly earnings results on Thursday, February 12th. The basic materials company reported $1.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.51 by $0.02. Materion had a return on equity of 12.36% and a net margin of 4.19%.The business had revenue of $489.75 million during the quarter, compared to the consensus estimate of $448.78 million. During the same period in the previous year, the company posted $1.55 EPS. The firm's quarterly revenue was up 12.1% on a year-over-year basis. Materion has set its FY 2026 guidance at 6.000-6.500 EPS. Analysts forecast that Materion Corporation will post 5.5 EPS for the current year.
Materion Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 6th. Investors of record on Thursday, February 19th will be paid a $0.14 dividend. The ex-dividend date is Thursday, February 19th. This represents a $0.56 annualized dividend and a dividend yield of 0.4%. Materion's dividend payout ratio is 15.60%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the business. Montag A & Associates Inc. raised its stake in Materion by 1,607.7% during the third quarter. Montag A & Associates Inc. now owns 222 shares of the basic materials company's stock worth $27,000 after acquiring an additional 209 shares in the last quarter. Maseco LLP bought a new stake in shares of Materion during the 4th quarter valued at approximately $27,000. EverSource Wealth Advisors LLC increased its position in Materion by 182.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 348 shares of the basic materials company's stock worth $28,000 after purchasing an additional 225 shares in the last quarter. Jones Financial Companies Lllp acquired a new position in Materion during the 1st quarter worth approximately $34,000. Finally, Measured Wealth Private Client Group LLC bought a new position in Materion in the 3rd quarter valued at approximately $35,000. Institutional investors own 93.56% of the company's stock.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on the stock. Weiss Ratings restated a "hold (c-)" rating on shares of Materion in a research report on Thursday, January 22nd. KeyCorp raised their price objective on Materion from $159.00 to $170.00 and gave the stock an "overweight" rating in a research note on Friday, February 13th. Finally, Wall Street Zen lowered Materion from a "buy" rating to a "hold" rating in a report on Saturday, November 1st. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Materion currently has an average rating of "Hold" and an average target price of $170.00.
Read Our Latest Analysis on Materion
About Materion
(
Get Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
