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

Key Points

• Analyst sentiment is positive: Five brokerages give Materion an average “Buy” rating, with an average 12-month price target of $310. Jefferies set a $314 target, while KeyCorp raised its target to $306.
• Quarterly earnings beat expectations: Materion reported adjusted EPS of $1.90 versus the $1.52 consensus estimate, while revenue rose 42.2% year over year. Management issued fiscal 2026 EPS guidance of $6.80–$7.20.
• Insiders have recently sold shares: Executives and directors sold 29,053 shares worth approximately $8.3 million over the last quarter, while institutional investors hold 93.56% of the company’s stock.

Materion Corporation (NYSE:MTRN - Get Free Report) has been given an average recommendation of "Buy" by the five brokerages that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $310.00.

A number of brokerages have issued reports on MTRN. Zacks Research upgraded Materion from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 6th. Weiss Ratings downgraded shares of Materion from a "hold (c+)" rating to a "hold (c)" rating in a research note on Thursday, September 10th. KeyCorp boosted their price target on shares of Materion from $237.00 to $306.00 and gave the company an "overweight" rating in a report on Friday, August 7th. Wall Street Zen upgraded shares of Materion from a "hold" rating to a "buy" rating in a research report on Saturday, August 8th. Finally, Jefferies Financial Group assumed coverage on Materion in a research note on Wednesday, September 2nd. They set a "buy" rating and a $314.00 price objective on the stock.

Insiders Place Their Bets

In other Materion news, Director Vinod M. Khilnani sold 2,000 shares of the firm's stock in a transaction that occurred 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 directly owned 11,171 shares in the company, valued at approximately $2,626,972.36. This trade represents a 15.18% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Jugal K. Vijayvargiya sold 24,336 shares of Materion stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $291.62, for a total transaction 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 position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 29,053 shares of company stock worth $8,301,958. Company insiders own 2.80% of the company's stock.

Institutional Investors Weigh In On Materion

Several institutional investors have recently added to or reduced their stakes in MTRN. BlackRock Inc. bought a new position in Materion during the 2nd quarter worth about $1,032,985,000. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of Materion in the second quarter valued at about $132,656,000. Bank of America Corp DE acquired a new position in shares of Materion during the second quarter worth about $51,481,000. Bank of New York Mellon Corp acquired a new position in shares of Materion during the second quarter worth about $49,060,000. Finally, Kennedy Capital Management LLC grew its holdings in shares of Materion by 7.4% during the fourth quarter. Kennedy Capital Management LLC now owns 164,750 shares of the basic materials company's stock worth $20,482,000 after buying an additional 11,394 shares in the last quarter. 93.56% of the stock is owned by institutional investors.

Materion Price Performance

Shares of MTRN stock opened at $253.34 on Wednesday. The firm's 50 day moving average price is $247.81 and its two-hundred day moving average price is $217.74. 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 52-week low of $109.61 and a 52-week high of $304.58. The stock has a market cap of $5.28 billion, a PE ratio of 59.05 and a beta of 1.08.

Materion (NYSE:MTRN - Get Free Report) last issued its earnings results 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. Materion had a net margin of 4.29% and a return on equity of 13.38%. The company had revenue of $308.19 million during the quarter, compared to analysts' expectations of $549.82 million. During the same quarter in the previous year, the company posted $1.37 EPS. The business's revenue for the quarter was up 42.2% compared to the same quarter last year. Materion has set its FY 2026 guidance at 6.800-7.200 EPS. As a group, analysts forecast that Materion will post 7.04 EPS for the current year.

Materion Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Thursday, August 20th were issued a $0.145 dividend. This represents a $0.58 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Thursday, August 20th. Materion's dividend payout ratio is 13.52%.

Materion Company Profile

Materion Corporation is an advanced materials company that develops, manufactures and supplies engineered materials for demanding industrial and technology applications. Its portfolio includes specialty metals and alloys, thin-film deposition materials, precious and non-precious metal products, beryllium-based materials, specialty chemicals and precision optics.

The company's products are used in semiconductor manufacturing, aerospace and defense, medical technology, telecommunications, automotive systems, energy and other industrial markets.

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