Key Points
- CFO Shelly Marie Chadwick sold 8,976 shares on Feb. 23 at an average price of $146.13 for proceeds of $1.31M, reducing her ownership by 35.74% to 16,139 shares, per the SEC filing.
- Materion beat quarterly estimates with $1.53 EPS (vs. $1.51 consensus) and $489.75M revenue, and set FY 2026 guidance at $6.00–$6.50 EPS versus analysts' average forecast of about $5.50.
- The stock recently traded at $156.71 with a market cap of $3.25B and a P/E of 44.01, and the company declared a quarterly dividend of $0.14 ($0.56 annualized, ~0.4% yield; ex-dividend Feb. 19).
Materion Corporation (NYSE:MTRN - Get Free Report) CFO Shelly Marie Chadwick sold 8,976 shares of the stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $146.13, for a total transaction of $1,311,662.88. Following the completion of the transaction, the chief financial officer directly owned 16,139 shares of the company's stock, valued at approximately $2,358,392.07. This trade represents a 35.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Materion Price Performance
Shares of NYSE:MTRN traded down $4.82 during trading on Thursday, hitting $156.71. 8,402 shares of the stock were exchanged, compared to its average volume of 186,224. The company has a fifty day moving average price of $141.32 and a two-hundred day moving average price of $126.84. The company has a market cap of $3.25 billion, a PE ratio of 44.01 and a beta of 0.87. The company has a current ratio of 3.11, a quick ratio of 1.29 and a debt-to-equity ratio of 0.48. Materion Corporation has a 12-month low of $69.10 and a 12-month high of $172.03.
Materion (NYSE:MTRN - Get Free Report) last released its quarterly earnings data on Thursday, February 12th. The basic materials company reported $1.53 earnings per share for the quarter, beating the consensus estimate of $1.51 by $0.02. The firm had revenue of $489.75 million during the quarter, compared to the consensus estimate of $448.78 million. Materion had a return on equity of 12.36% and a net margin of 4.19%.Materion's quarterly revenue was up 12.1% on a year-over-year basis. During the same period last year, the business posted $1.55 EPS. Materion has set its FY 2026 guidance at 6.000-6.500 EPS. On average, analysts forecast that Materion Corporation will post 5.5 EPS for the current year.
Materion Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, March 6th. Stockholders of record on Thursday, February 19th will be paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, February 19th. Materion's payout ratio is 15.60%.
Hedge Funds Weigh In On Materion
Institutional investors have recently modified their holdings of the company. MidFirst Bank acquired a new stake in Materion during the fourth quarter worth approximately $288,000. Invesco Ltd. lifted its stake in shares of Materion by 1.4% during the 4th quarter. Invesco Ltd. now owns 73,836 shares of the basic materials company's stock worth $9,179,000 after purchasing an additional 1,013 shares during the period. Mercer Global Advisors Inc. ADV boosted its holdings in shares of Materion by 4.2% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 2,266 shares of the basic materials company's stock worth $282,000 after purchasing an additional 91 shares during the last quarter. Summit Global Investments purchased a new stake in shares of Materion in the fourth quarter valued at $570,000. Finally, Susquehanna Portfolio Strategies LLC increased its stake in Materion by 6.7% in the fourth quarter. Susquehanna Portfolio Strategies LLC now owns 9,623 shares of the basic materials company's stock valued at $1,196,000 after purchasing an additional 608 shares during the last quarter. Institutional investors and hedge funds own 93.56% of the company's stock.
Analysts Set New Price Targets
A number of equities analysts have issued reports on MTRN shares. Weiss Ratings restated a "hold (c-)" rating on shares of Materion in a research report on Thursday, January 22nd. Wall Street Zen cut shares of Materion from a "buy" rating to a "hold" rating in a research note on Saturday, November 1st. Finally, KeyCorp lifted their price objective on Materion from $159.00 to $170.00 and gave the stock an "overweight" rating in a research report on Friday, February 13th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and an average target price of $170.00.
Check Out Our Latest Stock Report on MTRN
Materion Company Profile
(
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.
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