SailingStone Capital Partners LLC Has $5.26 Million Stock Holdings in Materion Corporation $MTRN

SailingStone Capital Partners LLC trimmed its holdings in Materion Corporation (NYSE:MTRN) by 19.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,322 shares of the basic materials company’s stock after selling 10,200 shares during the quarter. Materion comprises about 1.3% of SailingStone Capital Partners LLC’s portfolio, making the stock its 13th biggest position. SailingStone Capital Partners LLC owned approximately 0.20% of Materion worth $5,261,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MTRN. Montag A & Associates Inc. lifted its stake in shares of Materion by 1,607.7% in the 3rd 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 during the period. Maseco LLP acquired a new position in shares of Materion in the 4th quarter valued at about $27,000. EverSource Wealth Advisors LLC lifted its stake in shares of 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 purchasing an additional 225 shares during the period. Jones Financial Companies Lllp acquired a new position in shares of Materion in the 1st quarter valued at about $34,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in shares of Materion in the 3rd quarter valued at about $35,000. 93.56% of the stock is owned by institutional investors and hedge funds.

Materion Stock Up 1.6%

MTRN stock opened at $256.13 on Wednesday. The stock’s 50 day simple moving average is $200.35 and its 200 day simple moving average is $161.32. Materion Corporation has a fifty-two week low of $76.09 and a fifty-two week high of $259.30. 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 company has a market cap of $5.33 billion, a P/E ratio of 69.98 and a beta of 1.08.

Materion (NYSE:MTRN) last posted 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 the consensus estimate of $479.03 million. During the same period in the prior year, the business earned $1.13 EPS. The firm’s revenue for the quarter was up 30.8% on a year-over-year basis. Materion has set its FY 2026 guidance at 6.000-6.50 EPS. On average, research analysts expect that Materion Corporation will post 6.48 earnings per share for the current fiscal year.

Materion Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Thursday, May 28th were paid a $0.145 dividend. This represents a $0.58 annualized dividend and a dividend yield of 0.2%. This is a boost from Materion’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Thursday, May 28th. Materion’s dividend payout ratio (DPR) is currently 15.85%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on MTRN. Wall Street Zen downgraded Materion from a “buy” rating to a “hold” rating in a research note on Sunday, March 15th. KeyCorp boosted their price objective on Materion from $223.00 to $237.00 and gave the company an “overweight” rating in a research note on Tuesday, June 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of Materion in a research note on Wednesday, May 13th. Finally, Robert W. Baird initiated coverage on Materion in a research note on Wednesday, April 1st. They issued an “outperform” rating on the stock. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Materion has a consensus rating of “Moderate Buy” and a consensus price target of $237.00.

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.