Intech Investment Management LLC Purchases 3,371 Shares of Materion Corporation $MTRN

Intech Investment Management LLC lifted its position in Materion Corporation (NYSE:MTRNFree Report) by 4.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,399 shares of the basic materials company’s stock after acquiring an additional 3,371 shares during the quarter. Intech Investment Management LLC owned 0.39% of Materion worth $10,120,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Pinnacle Associates Ltd. grew its stake in Materion by 0.7% in the third quarter. Pinnacle Associates Ltd. now owns 13,045 shares of the basic materials company’s stock valued at $1,576,000 after purchasing an additional 95 shares during the last quarter. GAMMA Investing LLC grew its stake in Materion by 22.3% in the fourth quarter. GAMMA Investing LLC now owns 604 shares of the basic materials company’s stock valued at $75,000 after purchasing an additional 110 shares during the last quarter. State of Alaska Department of Revenue grew its stake in Materion by 1.1% in the fourth quarter. State of Alaska Department of Revenue now owns 11,356 shares of the basic materials company’s stock valued at $1,411,000 after purchasing an additional 126 shares during the last quarter. Hantz Financial Services Inc. grew its stake in Materion by 69.8% in the fourth quarter. Hantz Financial Services Inc. now owns 360 shares of the basic materials company’s stock valued at $45,000 after purchasing an additional 148 shares during the last quarter. Finally, Cerity Partners LLC grew its stake in Materion by 5.5% in the second quarter. Cerity Partners LLC now owns 3,582 shares of the basic materials company’s stock valued at $284,000 after purchasing an additional 187 shares during the last quarter. 93.56% of the stock is currently owned by institutional investors.

Insider Transactions at Materion

In other news, VP Gregory R. Chemnitz sold 4,517 shares of the stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $157.32, for a total value of $710,614.44. Following the transaction, the vice president directly owned 5,930 shares of the company’s stock, valued at approximately $932,907.60. This represents a 43.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Melissa A. Fashinpaur sold 309 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $160.00, for a total value of $49,440.00. Following the completion of the transaction, the chief accounting officer owned 310 shares of the company’s stock, valued at approximately $49,600. The trade was a 49.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 7,365 shares of company stock worth $1,166,447. Insiders own 2.80% of the company’s stock.

Materion Price Performance

Shares of MTRN stock opened at $219.53 on Friday. Materion Corporation has a fifty-two week low of $73.61 and a fifty-two week high of $227.24. The firm has a market capitalization of $4.57 billion, a price-to-earnings ratio of 59.98 and a beta of 1.03. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.32 and a current ratio of 3.04. The stock’s 50-day simple moving average is $178.18 and its 200-day simple moving average is $151.16.

Materion (NYSE:MTRNGet Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The basic materials company reported $1.27 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.03. Materion had a return on equity of 12.45% and a net margin of 3.99%.The business had revenue of $261.79 million for the quarter, compared to analyst estimates of $479.03 million. During the same quarter in the previous year, the firm earned $1.13 earnings per share. The company’s revenue was up 30.8% on a year-over-year basis. Materion has set its FY 2026 guidance at 6.000-6.50 EPS. As a group, equities analysts forecast that Materion Corporation will post 6.48 earnings per share for the current fiscal year.

Materion Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Thursday, May 28th will be paid a dividend of $0.145 per share. The ex-dividend date is Thursday, May 28th. This is a positive change from Materion’s previous quarterly dividend of $0.14. This represents a $0.58 dividend on an annualized basis and a dividend yield of 0.3%. Materion’s payout ratio is presently 15.85%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Materion in a research note on Wednesday, May 13th. KeyCorp lifted their target price on Materion from $185.00 to $223.00 and gave the company an “overweight” rating in a research note on Tuesday, May 19th. Robert W. Baird assumed coverage on Materion in a research note on Wednesday, April 1st. They issued an “outperform” rating on the stock. Finally, Wall Street Zen lowered Materion from a “buy” rating to a “hold” rating in a research note on Sunday, March 15th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $223.00.

View Our Latest Analysis on MTRN

Materion Profile

(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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Institutional Ownership by Quarter for Materion (NYSE:MTRN)

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