Brokerages Set Materion Corporation (NYSE:MTRN) Target Price at $223.00

Shares of Materion Corporation (NYSE:MTRN) have received a consensus rating of “Moderate Buy” from the four ratings firms that are presently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $223.00.

Several equities analysts recently issued reports on MTRN shares. KeyCorp boosted their price target on Materion from $185.00 to $223.00 and gave the company an “overweight” rating in a research report on Tuesday, May 19th. Wall Street Zen cut Materion from a “buy” rating to a “hold” rating in a research report on Sunday, March 15th. Robert W. Baird started coverage on Materion in a research report on Wednesday, April 1st. They issued an “outperform” rating on the stock. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Materion in a research report on Wednesday, May 13th.

Insider Activity at Materion

In related news, CAO Melissa A. Fashinpaur sold 309 shares of the business’s stock in a transaction dated 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 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 at the SEC website. Also, VP Gregory R. Chemnitz sold 4,517 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The shares were 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. This trade represents a 43.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 7,365 shares of company stock worth $1,166,447 in the last quarter. Company insiders own 2.80% of the company’s stock.

Institutional Investors Weigh In On Materion

A number of institutional investors have recently added to or reduced their stakes in the business. Oregon Public Employees Retirement Fund boosted its holdings in Materion by 1.3% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 4,760 shares of the basic materials company’s stock valued at $689,000 after purchasing an additional 63 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Materion by 22.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 395 shares of the basic materials company’s stock valued at $57,000 after purchasing an additional 72 shares in the last quarter. Amalgamated Bank boosted its holdings in Materion by 1.5% in the 3rd quarter. Amalgamated Bank now owns 6,018 shares of the basic materials company’s stock valued at $727,000 after purchasing an additional 87 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in Materion by 4.2% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 2,266 shares of the basic materials company’s stock valued at $282,000 after purchasing an additional 91 shares in the last quarter. Finally, Wealthspire Advisors LLC boosted its holdings in Materion by 2.9% in the 4th quarter. Wealthspire Advisors LLC now owns 3,219 shares of the basic materials company’s stock valued at $400,000 after purchasing an additional 92 shares in the last quarter. Hedge funds and other institutional investors own 93.56% of the company’s stock.

Materion Stock Down 0.5%

MTRN opened at $221.71 on Thursday. The business’s 50-day simple moving average is $175.04 and its 200-day simple moving average is $149.92. 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 has a one year low of $73.61 and a one year high of $227.24. The stock has a market capitalization of $4.61 billion, a P/E ratio of 60.58 and a beta of 1.03.

Materion (NYSE:MTRN) last posted its earnings results on Wednesday, April 29th. The basic materials company reported $1.27 EPS 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 analysts’ expectations of $479.03 million. During the same quarter in the previous year, the firm earned $1.13 earnings per share. The business’s revenue was up 30.8% compared to the same quarter last year. Materion has set its FY 2026 guidance at 6.000-6.50 EPS. Analysts anticipate that Materion will post 6.48 EPS for the current year.

Materion Increases Dividend

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

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.