Vinod Khilnani Sells 4,000 Shares of Materion (NYSE:MTRN) Stock

Materion Corporation (NYSE:MTRN) Director Vinod Khilnani sold 4,000 shares of the firm’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 transaction of $595,440.00. Following the completion of the transaction, the director directly owned 13,665 shares of the company’s stock, valued at $2,034,171.90. This represents a 22.64% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Materion Stock Down 1.3%

MTRN traded down $2.01 on Thursday, reaching $151.11. 24,944 shares of the company traded hands, compared to its average volume of 182,452. The company has a market cap of $3.13 billion, a price-to-earnings ratio of 42.09 and a beta of 0.87. Materion Corporation has a 52-week low of $69.10 and a 52-week high of $172.03. The stock’s 50 day moving average price is $138.77 and its 200-day moving average price is $125.27. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.11 and a quick ratio of 1.29.

Materion (NYSE:MTRN) last issued its quarterly earnings data on Thursday, February 12th. The basic materials company reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.51 by $0.02. Materion had a net margin of 4.19% and a return on equity of 12.36%. The business had revenue of $489.75 million during the quarter, compared to analysts’ expectations of $448.78 million. During the same period in the previous year, the company earned $1.55 earnings per share. Materion’s revenue for the quarter was up 12.1% on a year-over-year basis. Materion has set its FY 2026 guidance at 6.000-6.500 EPS. On average, sell-side analysts expect that Materion Corporation will post 5.5 EPS for the current fiscal year.

Materion Dividend Announcement

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 dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis 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%.

Institutional Investors Weigh In On Materion

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Maseco LLP acquired a new position in Materion during the 4th quarter valued at about $27,000. Montag A & Associates Inc. lifted its holdings in shares of Materion by 1,607.7% in the third quarter. Montag A & Associates Inc. now owns 222 shares of the basic materials company’s stock valued at $27,000 after purchasing an additional 209 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new position in shares of Materion in the third quarter valued at approximately $35,000. Kestra Advisory Services LLC bought a new stake in Materion during the fourth quarter worth $40,000. Finally, EverSource Wealth Advisors LLC raised its position in Materion by 182.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 348 shares of the basic materials company’s stock valued at $28,000 after buying an additional 225 shares during the last quarter. Institutional investors and hedge funds own 93.56% of the company’s stock.

Wall Street Analysts Forecast Growth

MTRN has been the subject of several analyst reports. Weiss Ratings restated a “hold (c-)” rating on shares of Materion in a research report on Thursday, January 22nd. KeyCorp upped their price target on shares of Materion from $159.00 to $170.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. Finally, Wall Street Zen downgraded Materion from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $170.00.

Materion Company Profile

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.