Wellington Management Group LLP Acquires Shares of 158,335 Materion Corporation $MTRN

Posted by Brenda Bartman on Sep 4th, 2026

Wellington Management Group LLP bought a new stake in Materion Corporation (NYSE:MTRN – Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 158,335 shares of the basic materials company’s stock, valued at approximately $47,087,000. Wellington Management Group LLP owned about 0.76% of Materion as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also made changes to their positions in the company. BlackRock Inc. purchased a new position in shares of Materion during the second quarter worth about $1,032,985,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of Materion in the 2nd quarter valued at approximately $132,656,000. State Street Corp grew its stake in shares of Materion by 28.0% in the 2nd quarter. State Street Corp now owns 1,298,956 shares of the basic materials company’s stock valued at $103,098,000 after purchasing an additional 283,998 shares during the last quarter. Bank of America Corp DE acquired a new position in shares of Materion in the second quarter valued at approximately $51,481,000. Finally, Bank of New York Mellon Corp acquired a new position in shares of Materion in the second quarter valued at approximately $49,060,000. Institutional investors and hedge funds own 93.56% of the company’s stock.

Insider Buying and Selling at Materion

In other Materion news, Director Emily M. Liggett sold 1,012 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $232.42, for a total transaction of $235,209.04. Following the completion of the transaction, the director directly owned 3,161 shares in the company, valued at approximately $734,679.62. This trade represents a 24.25% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Shelly Chadwick sold 1,705 shares of the stock in a transaction that occurred on 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 sale, the chief financial officer owned 15,246 shares in the company, valued at $4,467,078. This represents a 10.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 29,053 shares of company stock valued at $8,301,958 in the last quarter. Insiders own 2.80% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on MTRN shares. Jefferies Financial Group initiated coverage on Materion in a report on Wednesday. They set a “buy” rating and a $314.00 price target for the company. Weiss Ratings upgraded shares of Materion from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, August 24th. KeyCorp lifted their target price on shares of Materion from $237.00 to $306.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Wall Street Zen upgraded shares of Materion from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, Zacks Research raised shares of Materion from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Materion presently has a consensus rating of “Buy” and a consensus price target of $310.00.

View Our Latest Stock Report on MTRN

Materion Price Performance

Shares of NYSE MTRN opened at $240.01 on Friday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.29 and a current ratio of 2.94. The company’s fifty day moving average is $252.15 and its two-hundred day moving average is $209.27. Materion Corporation has a one year low of $108.28 and a one year high of $304.58. The firm has a market capitalization of $5.00 billion, a P/E ratio of 55.95 and a beta of 1.08.

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

Materion Announces Dividend

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

About Materion

(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.