Materion Corporation $MTRN Stock Holdings Trimmed by ProShare Advisors LLC

ProShare Advisors LLC lowered its holdings in shares of Materion Corporation (NYSE:MTRN) by 13.2% during the 4th quarter, Holdings Channel reports. The fund owned 51,300 shares of the basic materials company’s stock after selling 7,825 shares during the period. ProShare Advisors LLC’s holdings in Materion were worth $6,378,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the business. Gamco Investors INC. ET AL raised its stake in Materion by 0.4% during the 4th quarter. Gamco Investors INC. ET AL now owns 195,950 shares of the basic materials company’s stock valued at $24,361,000 after acquiring an additional 800 shares in the last quarter. First Eagle Investment Management LLC raised its stake in Materion by 136.7% during the 4th quarter. First Eagle Investment Management LLC now owns 58,000 shares of the basic materials company’s stock valued at $7,211,000 after acquiring an additional 33,500 shares in the last quarter. Ethic Inc. raised its stake in Materion by 4.3% during the 4th quarter. Ethic Inc. now owns 8,888 shares of the basic materials company’s stock valued at $1,105,000 after acquiring an additional 368 shares in the last quarter. UBS Group AG raised its stake in Materion by 18.8% during the 4th quarter. UBS Group AG now owns 60,378 shares of the basic materials company’s stock valued at $7,506,000 after acquiring an additional 9,576 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Materion during the 4th quarter valued at $204,000. Institutional investors own 93.56% of the company’s stock.

Materion Stock Up 2.5%

Shares of MTRN stock opened at $215.47 on Friday. Materion Corporation has a 1 year low of $73.61 and a 1 year high of $217.91. The stock has a market cap of $4.48 billion, a PE ratio of 58.87 and a beta of 1.03. The business’s fifty day moving average is $170.20 and its 200-day moving average is $147.46. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.32 and a current ratio of 3.04.

Materion (NYSE:MTRN) last issued its quarterly earnings results on Wednesday, April 29th. The basic materials company reported $1.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.03. Materion had a return on equity of 12.45% and a net margin of 3.99%.The company had revenue of $261.79 million for the quarter, compared to analysts’ expectations of $479.03 million. During the same period last year, the firm 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. Equities analysts expect that Materion Corporation will post 6.48 earnings per share for the current fiscal year.

Materion Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Thursday, May 28th will be issued a $0.145 dividend. This represents a $0.58 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Thursday, May 28th. This is a positive change from Materion’s previous quarterly dividend of $0.14. Materion’s payout ratio is presently 15.30%.

Insider Buying and Selling

In related news, CAO Melissa A. Fashinpaur sold 309 shares of Materion stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $160.00, for a total value of $49,440.00. Following the transaction, the chief accounting officer directly owned 310 shares in the company, valued at $49,600. The trade was a 49.92% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Gregory R. Chemnitz sold 4,517 shares of Materion stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $157.32, for a total value of $710,614.44. Following the completion of the transaction, the vice president owned 5,930 shares in the company, valued at $932,907.60. The trade was a 43.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 16,341 shares of company stock worth $2,478,110 in the last three months. 2.80% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Robert W. Baird assumed coverage on Materion in a research report on Wednesday, April 1st. They set an “outperform” rating on the stock. KeyCorp lifted their price target on Materion from $185.00 to $223.00 and gave the company an “overweight” rating in a research report on Tuesday. Wall Street Zen cut Materion from a “buy” rating to a “hold” rating in a research report on Sunday, March 15th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Materion in a research report on Wednesday, May 13th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $223.00.

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.