Materion (NYSE:MTRN) Cut to "Hold" at Zacks Research

Key Points

• Zacks Research downgraded Materion from “strong buy” to “hold,” although the broader analyst consensus remains “Moderate Buy” with an average price target of $310.
• Materion reported quarterly EPS of $1.90, exceeding the $1.52 consensus estimate, while revenue rose 42.2% year over year. The company maintained fiscal 2026 EPS guidance of $6.80–$7.20.
• Institutional ownership is high at 93.56%, led by new positions from BlackRock and other major investors, while company insiders sold approximately $8.3 million of stock over the past 90 days.

Materion (NYSE:MTRN - Get Free Report) was downgraded by investment analysts at Zacks Research from a "strong-buy" rating to a "hold" rating in a report released on Monday, Zacks reports.

Other research analysts also recently issued reports about the stock. Wall Street Zen upgraded shares of Materion from a "hold" rating to a "buy" rating in a research report on Saturday, August 8th. Jefferies Financial Group began coverage on Materion in a research report on Wednesday, September 2nd. They set a "buy" rating and a $314.00 price target on the stock. KeyCorp lifted their price objective on Materion from $237.00 to $306.00 and gave the company an "overweight" rating in a research note on Friday, August 7th. Finally, Weiss Ratings raised Materion from a "hold (c)" rating to a "hold (c+)" rating in a report on Tuesday, September 29th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $310.00.

Materion Price Performance

Shares of NYSE:MTRN opened at $312.07 on Monday. Materion has a twelve month low of $109.61 and a twelve month high of $324.98. The company has a current ratio of 2.94, a quick ratio of 1.29 and a debt-to-equity ratio of 0.44. The company has a market cap of $6.50 billion, a PE ratio of 72.74 and a beta of 1.05. The company's 50 day moving average is $255.47 and its 200 day moving average is $227.43.

Materion (NYSE:MTRN - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $1.90 EPS for the quarter, beating the consensus estimate of $1.52 by $0.38. The business had revenue of $308.19 million during the quarter, compared to analysts' expectations of $549.82 million. Materion had a net margin of 4.29% and a return on equity of 13.38%. The business's quarterly revenue was up 42.2% compared to the same quarter last year. During the same period in the previous year, the business posted $1.37 EPS. Materion has set its FY 2026 guidance at 6.800-7.200 EPS. On average, sell-side analysts forecast that Materion will post 7.04 EPS for the current year.

Insider Activity

In related news, Director Vinod Khilnani sold 2,000 shares of the firm's stock in a transaction on Monday, August 31st. The shares were sold at an average price of $235.16, for a total transaction of $470,320.00. Following the sale, the director owned 11,171 shares in the company, valued at approximately $2,626,972.36. This trade represents a 15.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Shelly Chadwick sold 1,705 shares of Materion stock in a transaction on Friday, August 7th. The shares were sold at an average price of $293.00, for a total transaction of $499,565.00. Following the completion of 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. Insiders have sold a total of 29,053 shares of company stock worth $8,301,958 in the last ninety days. Corporate insiders own 2.80% of the company's stock.

Hedge Funds Weigh In On Materion

Several institutional investors and hedge funds have recently modified their holdings of MTRN. BlackRock Inc. purchased a new position in Materion during the second quarter worth approximately $1,032,985,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in shares of Materion in the second quarter valued at approximately $132,656,000. Congress Asset Management Co. purchased a new position in shares of Materion during the 3rd quarter valued at approximately $51,835,000. Bank of America Corp DE purchased a new position in shares of Materion during the 2nd quarter valued at approximately $51,481,000. Finally, Bank of New York Mellon Corp acquired a new stake in Materion in the 2nd quarter valued at $49,060,000. Hedge funds and other institutional investors own 93.56% of the company's stock.

Materion Company Profile

Materion Corporation is an advanced materials company that develops, manufactures and supplies highly engineered materials and related products for demanding industrial applications. Its portfolio includes specialty alloys, beryllium and beryllium-based materials, precious-metal products, inorganic chemicals, thin-film materials and precision optical components.

The company's products are used in semiconductor manufacturing, aerospace and defense, medical technology, telecommunications, automotive systems, consumer electronics and other high-technology markets.

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