Materion Corporation (NYSE:MTRN) Given Average Rating of "Buy" by Brokerages

Key Points

• Materion has a consensus “Buy” rating from four analysts, with an average 12-month price target of $306. KeyCorp recently raised its target from $237 to $306 and assigned an “overweight” rating.
• The company reported quarterly EPS of $1.90, beating estimates of $1.52, while revenue rose 42.2% year over year. Materion issued fiscal 2026 EPS guidance of $6.80–$7.20.
• Insiders recently sold shares, including the CEO’s $7.1 million transaction, while institutional investors own 93.56% of the stock. Materion also declared a quarterly dividend of $0.145 per share, equal to a 0.2% annualized yield.

Materion Corporation (NYSE:MTRN - Get Free Report) has been assigned a consensus rating of "Buy" from the four research firms that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $306.00.

MTRN has been the topic of a number of recent research reports. Zacks Research upgraded shares of Materion from a "hold" rating to a "strong-buy" rating in a research note on Thursday, August 6th. Wall Street Zen raised shares of Materion from a "hold" rating to a "buy" rating in a research note on Saturday, August 8th. Weiss Ratings upgraded Materion from a "hold (c)" rating to a "hold (c+)" rating in a report on Monday. Finally, KeyCorp lifted their price target on Materion from $237.00 to $306.00 and gave the company an "overweight" rating in a report on Friday, August 7th.

Insider Activity

In other Materion news, CEO Jugal K. Vijayvargiya sold 24,336 shares of the business's stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $291.62, for a total value of $7,096,864.32. Following the completion of the transaction, the chief executive officer directly owned 116,699 shares in the company, valued at approximately $34,031,762.38. The trade was a 17.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Shelly Marie Chadwick sold 1,705 shares of the business's stock in a transaction dated Friday, August 7th. The stock was 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 owned 15,246 shares of the company's stock, valued at $4,467,078. This represents a 10.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 2.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Materion

Institutional investors have recently bought and sold shares of the company. California State Teachers Retirement System increased its position in shares of Materion by 28,829.4% during the second quarter. California State Teachers Retirement System now owns 7,120,111 shares of the basic materials company's stock worth $2,117,450,000 after purchasing an additional 7,095,499 shares in the last quarter. BlackRock Inc. acquired a new stake in shares of Materion in the 2nd quarter worth $1,032,985,000. State Street Corp grew its stake in Materion by 28.0% during the 2nd quarter. State Street Corp now owns 1,298,956 shares of the basic materials company's stock worth $103,098,000 after buying an additional 283,998 shares during the last quarter. Trigran Investments Inc. grew its stake in Materion by 0.5% during the 2nd quarter. Trigran Investments Inc. now owns 798,747 shares of the basic materials company's stock worth $63,397,000 after buying an additional 3,982 shares during the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC acquired a new position in Materion during the 2nd quarter valued at about $132,656,000. 93.56% of the stock is currently owned by institutional investors and hedge funds.

Materion Stock Performance

MTRN stock opened at $238.00 on Friday. Materion has a 1-year low of $107.72 and a 1-year high of $304.58. The business has a 50-day moving average price of $255.09 and a 200 day moving average price of $206.62. The company has a market capitalization of $4.96 billion, a P/E ratio of 55.48 and a beta of 1.07. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.94 and a quick ratio of 1.29.

Materion (NYSE:MTRN - Get Free Report) last issued its earnings results on Wednesday, August 5th. The basic materials company reported $1.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.52 by $0.38. Materion had a net margin of 4.29% and a return on equity of 13.38%. The company had revenue of $308.19 million for the quarter, compared to analysts' expectations of $549.82 million. During the same period in the prior year, the business earned $1.37 EPS. The firm's quarterly revenue was up 42.2% on a year-over-year basis. Materion has set its FY 2026 guidance at 6.800-7.200 EPS. As a group, equities research analysts forecast that Materion will post 7.06 EPS for the current fiscal year.

Materion Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Thursday, August 20th will be given a dividend of $0.145 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $0.58 dividend on an annualized basis and a yield of 0.2%. Materion's dividend payout ratio (DPR) is presently 13.52%.

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.

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