Raiffeisen Bank International AG Acquires New Stake in Materion Corporation $MTRN

Raiffeisen Bank International AG bought a new stake in Materion Corporation (NYSE:MTRN) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 62,109 shares of the basic materials company’s stock, valued at approximately $17,982,000. Raiffeisen Bank International AG owned 0.30% of Materion as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of MTRN. Contravisory Investment Management Inc. increased its position in shares of Materion by 2.2% during the 2nd quarter. Contravisory Investment Management Inc. now owns 1,867 shares of the basic materials company’s stock valued at $555,000 after purchasing an additional 40 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its holdings in shares of Materion by 1.3% in the first quarter. Oregon Public Employees Retirement Fund now owns 4,760 shares of the basic materials company’s stock worth $689,000 after buying an additional 63 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in Materion by 22.3% during the first quarter. EverSource Wealth Advisors LLC now owns 395 shares of the basic materials company’s stock valued at $57,000 after buying an additional 72 shares during the period. Mercer Global Advisors Inc. ADV grew its position in Materion by 4.2% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 2,266 shares of the basic materials company’s stock valued at $282,000 after buying an additional 91 shares during the period. Finally, Wealthspire Advisors LLC increased its holdings in Materion by 2.9% during the fourth quarter. Wealthspire Advisors LLC now owns 3,219 shares of the basic materials company’s stock valued at $400,000 after buying an additional 92 shares during the last quarter. 93.56% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

MTRN has been the topic of several recent research reports. KeyCorp increased their price target on shares of Materion from $237.00 to $306.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Jefferies Financial Group began coverage on Materion in a research note on Wednesday. They issued a “buy” rating and a $314.00 price objective for the company. Wall Street Zen raised Materion from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Zacks Research upgraded Materion from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 6th. Finally, Weiss Ratings raised Materion from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, August 24th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $310.00.

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 current ratio of 2.94 and a quick ratio of 1.29. Materion Corporation has a 1-year low of $108.28 and a 1-year high of $304.58. The company has a market capitalization of $5.00 billion, a P/E ratio of 55.95 and a beta of 1.08. The firm’s 50 day simple moving average is $252.15 and its two-hundred day simple moving average is $209.27.

Materion (NYSE:MTRN) last announced its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $1.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.52 by $0.38. The firm 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%. The company’s revenue for the quarter was up 42.2% compared to the same quarter last year. During the same period in the prior year, the company posted $1.37 earnings per share. Materion has set its FY 2026 guidance at 6.800-7.200 EPS. Research analysts expect 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. Stockholders of record on Thursday, August 20th will be given a $0.145 dividend. This represents a $0.58 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Thursday, August 20th. Materion’s payout ratio is presently 13.52%.

Insiders Place Their Bets

In other news, Director Emily M. Liggett sold 1,012 shares of the company’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $232.42, for a total value of $235,209.04. Following the completion of the transaction, the director owned 3,161 shares of the company’s stock, valued at $734,679.62. This represents a 24.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Shelly Chadwick sold 1,705 shares of the stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $293.00, for a total value of $499,565.00. Following the sale, the chief financial officer owned 15,246 shares of the company’s stock, valued at $4,467,078. This represents a 10.06% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 29,053 shares of company stock valued at $8,301,958 over the last three months. Insiders own 2.80% of the company’s stock.

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.