2,505 Shares in Materion Corporation $MTRN Bought by Uhlmann Price Securities LLC

Uhlmann Price Securities LLC bought a new position in Materion Corporation (NYSE:MTRNFree Report) during the 1st quarter, Holdings Channel.com reports. The institutional investor bought 2,505 shares of the basic materials company’s stock, valued at approximately $354,000.

Several other large investors have also recently added to or reduced their stakes in the stock. State Street Corp boosted its holdings in shares of Materion by 28.0% during the second quarter. State Street Corp now owns 1,298,956 shares of the basic materials company’s stock valued at $103,098,000 after acquiring an additional 283,998 shares during the period. Trigran Investments Inc. lifted its position in Materion by 0.5% in the 2nd quarter. Trigran Investments Inc. now owns 798,747 shares of the basic materials company’s stock valued at $63,397,000 after purchasing an additional 3,982 shares during the last quarter. Morgan Stanley lifted its position in Materion by 12.2% in the 4th quarter. Morgan Stanley now owns 429,482 shares of the basic materials company’s stock valued at $53,393,000 after purchasing an additional 46,613 shares during the last quarter. American Century Companies Inc. lifted its position in Materion by 53.2% in the 3rd quarter. American Century Companies Inc. now owns 365,212 shares of the basic materials company’s stock valued at $44,121,000 after purchasing an additional 126,794 shares during the last quarter. Finally, Segall Bryant & Hamill LLC boosted its stake in Materion by 3.1% during the 4th quarter. Segall Bryant & Hamill LLC now owns 360,495 shares of the basic materials company’s stock valued at $44,817,000 after purchasing an additional 10,995 shares during the period. 93.56% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have commented on MTRN shares. Robert W. Baird began coverage on shares of Materion in a research report on Wednesday, April 1st. They issued an “outperform” rating for the company. Wall Street Zen downgraded Materion from a “buy” rating to a “hold” rating in a research report on Sunday, March 15th. Weiss Ratings reissued a “hold (c)” rating on shares of Materion in a report on Wednesday, May 13th. Finally, KeyCorp raised their target price on Materion from $223.00 to $237.00 and gave the company an “overweight” rating in a research report on Tuesday, June 2nd. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Materion has an average rating of “Moderate Buy” and an average price target of $237.00.

Check Out Our Latest Analysis on Materion

Materion Stock Up 0.4%

Materion stock opened at $276.05 on Monday. Materion Corporation has a 52 week low of $76.09 and a 52 week high of $276.42. The stock has a market cap of $5.74 billion, a price-to-earnings ratio of 75.42 and a beta of 1.08. The company’s 50-day moving average price is $207.46 and its two-hundred day moving average price is $164.50. The company has a current ratio of 3.04, a quick ratio of 1.32 and a debt-to-equity ratio of 0.50.

Materion (NYSE:MTRNGet Free Report) last posted its quarterly earnings data 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 net margin of 3.99% and a return on equity of 12.45%. The business had revenue of $261.79 million during the quarter, compared to analysts’ expectations of $479.03 million. During the same period last year, the firm posted $1.13 earnings per share. The business’s revenue 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, analysts expect that Materion Corporation will post 6.48 EPS for the current fiscal year.

Materion Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Thursday, May 28th were given a dividend of $0.145 per share. This is a boost from Materion’s previous quarterly dividend of $0.14. The ex-dividend date was Thursday, May 28th. This represents a $0.58 annualized dividend and a dividend yield of 0.2%. Materion’s payout ratio is 15.85%.

About Materion

(Free Report)

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.

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Institutional Ownership by Quarter for Materion (NYSE:MTRN)

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