Materion Corporation (NYSE:MTRN) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Materion Corporation (NYSE:MTRN) has earned a consensus recommendation of “Moderate Buy” from the four research firms that are covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $237.00.

A number of research analysts have recently commented on MTRN shares. Weiss Ratings restated a “hold (c)” rating on shares of Materion in a research note on Wednesday, May 13th. KeyCorp upped their price target on Materion from $223.00 to $237.00 and gave the stock an “overweight” rating in a research note on Tuesday, June 2nd. Finally, Robert W. Baird started coverage on Materion in a report on Wednesday, April 1st. They issued an “outperform” rating for the company.

Materion Price Performance

MTRN stock opened at $253.38 on Friday. Materion has a 1 year low of $84.31 and a 1 year high of $298.87. The company has a market cap of $5.27 billion, a P/E ratio of 69.23 and a beta of 1.03. The firm has a 50-day moving average of $238.72 and a 200 day moving average of $181.48. The company has a debt-to-equity ratio of 0.50, a current ratio of 3.04 and a quick ratio of 1.32.

Materion (NYSE:MTRN) last issued its quarterly earnings data on Wednesday, April 29th. The basic materials company reported $1.27 EPS for the quarter, topping 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 analyst estimates of $479.03 million. During the same period last year, the business posted $1.13 earnings per share. Materion’s quarterly 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. On average, sell-side analysts forecast that Materion will post 6.42 EPS for the current year.

Materion Increases Dividend

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

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Maseco LLP purchased a new stake in Materion in the fourth quarter worth about $27,000. EverSource Wealth Advisors LLC increased its stake in shares of 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 purchasing an additional 225 shares in the last quarter. Harbor Investment Advisory LLC purchased a new position in shares of Materion during the second quarter valued at approximately $32,000. Jones Financial Companies Lllp purchased a new position in shares of Materion during the first quarter valued at approximately $34,000. Finally, Measured Wealth Private Client Group LLC bought a new stake in shares of Materion in the 3rd quarter worth approximately $35,000. 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.