Materion (NYSE:MTRN) Upgraded at Jefferies Financial Group

Materion (NYSE:MTRN) was upgraded by analysts at Jefferies Financial Group to a “strong-buy” rating in a research report issued on Wednesday, Zacks reports.

A number of other equities research analysts have also recently commented on MTRN. Weiss Ratings raised shares of Materion from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, August 24th. Wall Street Zen upgraded Materion from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. KeyCorp upped their price objective on shares of Materion from $237.00 to $306.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Finally, Zacks Research upgraded shares of Materion from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 6th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $310.00.

Materion Price Performance

MTRN opened at $238.29 on Wednesday. The firm has a market cap of $4.96 billion, a P/E ratio of 55.55 and a beta of 1.08. The firm has a 50-day moving average of $252.96 and a 200 day moving average of $208.71. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.29 and a current ratio of 2.94. Materion has a fifty-two week low of $107.72 and a fifty-two week high of $304.58.

Materion (NYSE:MTRN) last announced its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $1.90 EPS for the quarter, topping the consensus estimate of $1.52 by $0.38. The business had revenue of $308.19 million for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.37 earnings per share. Materion has set its FY 2026 guidance at 6.800-7.200 EPS. On average, research analysts expect that Materion will post 7.06 EPS for the current year.

Insider Activity at Materion

In other Materion news, Director Vinod M. Khilnani sold 2,000 shares of the firm’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $235.16, for a total value of $470,320.00. Following the completion of the transaction, the director owned 11,171 shares in the company, valued at $2,626,972.36. This trade represents a 15.18% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Shelly Marie Chadwick sold 1,705 shares of Materion stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $293.00, for a total value of $499,565.00. Following the transaction, the chief financial officer directly owned 15,246 shares of the company’s stock, valued at $4,467,078. The trade was a 10.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 28,041 shares of company stock worth $8,066,749. 2.80% of the stock is owned by company insiders.

Hedge Funds Weigh In On Materion

Several hedge funds have recently bought and sold shares of MTRN. Contravisory Investment Management Inc. increased its holdings in Materion by 2.2% during the 2nd quarter. Contravisory Investment Management Inc. now owns 1,867 shares of the basic materials company’s stock worth $555,000 after acquiring an additional 40 shares during the period. 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 during the period. 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 during the period. Mercer Global Advisors Inc. ADV grew its position in shares of Materion by 4.2% during 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 grew its position in shares of Materion by 2.9% during 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.

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.