Materion Corporation (NYSE:MTRN – Get Free Report) Director Vinod Khilnani sold 2,000 shares of the company’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of $235.16, for a total value of $470,320.00. Following the completion of the transaction, the director directly owned 11,171 shares in the company, valued at $2,626,972.36. This trade represents a 15.18% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Materion Trading Down 1.1%
Shares of MTRN traded down $2.62 during trading hours on Tuesday, reaching $233.46. 135,571 shares of the company traded hands, compared to its average volume of 287,549. The company has a current ratio of 2.94, a quick ratio of 1.29 and a debt-to-equity ratio of 0.44. The firm has a market cap of $4.86 billion, a price-to-earnings ratio of 54.42 and a beta of 1.07. The stock’s fifty day moving average price is $254.25 and its 200 day moving average price is $207.62. Materion Corporation has a 12-month low of $107.72 and a 12-month high of $304.58.
Materion (NYSE:MTRN – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $1.90 earnings per share for the quarter, beating the consensus estimate of $1.52 by $0.38. Materion had a net margin of 4.29% and a return on equity of 13.38%. The firm had revenue of $308.19 million during the quarter, compared to the consensus estimate of $549.82 million. During the same quarter in the previous year, the firm posted $1.37 earnings per share. The company’s revenue was up 42.2% on a year-over-year basis. Materion has set its FY 2026 guidance at 6.800-7.200 EPS. Sell-side analysts forecast that Materion Corporation will post 7.06 earnings per share for the current year.
Materion Announces Dividend
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on the company. Weiss Ratings upgraded Materion from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, August 24th. Wall Street Zen upgraded shares of Materion from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. KeyCorp increased their price target on shares of Materion from $237.00 to $306.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Finally, Zacks Research upgraded shares of Materion from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $306.00.
Check Out Our Latest Research Report on Materion
Institutional Trading of Materion
A number of institutional investors and hedge funds have recently added to or reduced their stakes in MTRN. AQR Capital Management LLC purchased a new stake in Materion in the first quarter valued at approximately $201,000. Millennium Management LLC boosted its holdings in Materion by 54.1% in the first quarter. Millennium Management LLC now owns 89,212 shares of the basic materials company’s stock valued at $7,280,000 after purchasing an additional 31,305 shares during the last quarter. Jones Financial Companies Lllp acquired a new stake in Materion during the 1st quarter worth about $34,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Materion by 12.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 54,045 shares of the basic materials company’s stock valued at $4,410,000 after buying an additional 5,894 shares during the last quarter. Finally, Jane Street Group LLC raised its stake in shares of Materion by 44.9% during the 1st quarter. Jane Street Group LLC now owns 35,319 shares of the basic materials company’s stock valued at $2,882,000 after buying an additional 10,940 shares during the last quarter. Institutional investors and hedge funds own 93.56% of the company’s stock.
About Materion
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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