Materion (NYSE:MTRN) CFO Shelly Marie Chadwick Sells 1,705 Shares of Stock

Materion Corporation (NYSE:MTRN) CFO Shelly Marie Chadwick sold 1,705 shares of the business’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $293.00, for a total value of $499,565.00. Following the completion of the transaction, the chief financial officer owned 15,246 shares in the company, valued at $4,467,078. The trade was a 10.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Materion Stock Performance

NYSE MTRN opened at $280.33 on Wednesday. Materion Corporation has a twelve month low of $104.90 and a twelve month high of $304.58. The business has a 50-day moving average price of $252.74 and a 200-day moving average price of $196.85. The company has a quick ratio of 1.29, a current ratio of 2.94 and a debt-to-equity ratio of 0.44. The firm has a market cap of $5.84 billion, a price-to-earnings ratio of 65.34 and a beta of 1.07.

Materion (NYSE:MTRN) last posted its 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. The company had revenue of $308.19 million during the quarter, compared to analysts’ expectations of $549.82 million. Materion had a net margin of 4.29% and a return on equity of 13.38%. Materion’s quarterly revenue was up 42.2% on a year-over-year basis. During the same period last year, the company posted $1.37 earnings per share. Materion has set its FY 2026 guidance at 6.800-7.200 EPS. As a group, equities research analysts predict that Materion Corporation will post 7.06 EPS for the current fiscal year.

Materion Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. KeyCorp lifted their target price on Materion from $237.00 to $306.00 and gave the stock an “overweight” rating in a report on Friday. Zacks Research upgraded Materion from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. Weiss Ratings downgraded Materion from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday. Finally, Wall Street Zen raised Materion from a “hold” rating to a “buy” rating in a report on Saturday. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Materion currently has a consensus rating of “Buy” and an average price target of $306.00.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of MTRN. EverSource Wealth Advisors LLC increased its position in Materion by 182.9% during the second quarter. EverSource Wealth Advisors LLC now owns 348 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 225 shares during the last quarter. Harbor Investment Advisory LLC bought a new stake in shares of Materion in the 2nd quarter worth about $32,000. Jones Financial Companies Lllp purchased a new position in shares of Materion during the 1st quarter worth about $34,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Materion during the 3rd quarter worth about $35,000. Finally, Kestra Advisory Services LLC purchased a new position in shares of Materion during the 4th quarter worth about $40,000. 93.56% of the stock is owned by hedge funds and other institutional investors.

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.