17,993 Shares in Materion Corporation $MTRN Acquired by Jupiter Topco LLC

Key Points

• Jupiter Topco LLC acquired 17,993 Materion shares worth approximately $5.35 million, while institutional investors overall held 93.56% of the company at the end of the quarter.
• Materion reported quarterly EPS of $1.90, beating estimates of $1.52, with revenue up 42.2% year over year; the company guided to fiscal 2026 EPS of $6.80–$7.20.
• Analysts maintain a consensus “Buy” rating with an average price target of $306, while Materion declared a quarterly dividend of $0.145 per share and its CEO and CFO recently sold company stock.

Jupiter Topco LLC purchased a new stake in Materion Corporation (NYSE:MTRN - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 17,993 shares of the basic materials company's stock, valued at approximately $5,348,000. Jupiter Topco LLC owned 0.09% of Materion at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in MTRN. Hsbc Holdings PLC acquired a new position in shares of Materion in the second quarter valued at $2,941,000. PDT Partners LLC acquired a new stake in shares of Materion during the 2nd quarter worth about $4,738,000. Canada Pension Plan Investment Board acquired a new stake in shares of Materion during the 2nd quarter worth about $208,000. Legal & General Group Plc bought a new stake in shares of Materion during the 2nd quarter worth about $15,154,000. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of Materion during the 2nd quarter worth about $3,063,000. Institutional investors and hedge funds own 93.56% of the company's stock.

Materion Price Performance

NYSE:MTRN opened at $235.85 on Tuesday. Materion Corporation has a 52 week low of $107.72 and a 52 week high of $304.58. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.29 and a current ratio of 2.94. The firm's 50-day simple moving average is $254.25 and its 200 day simple moving average is $207.62. The firm has a market cap of $4.91 billion, a price-to-earnings ratio of 54.98 and a beta of 1.07.

Materion (NYSE:MTRN - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $1.90 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.52 by $0.38. Materion had a net margin of 4.29% and a return on equity of 13.38%. The firm had revenue of $308.19 million during the quarter, compared to the consensus estimate of $549.82 million. During the same quarter in the previous year, the firm 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, sell-side analysts predict that Materion Corporation will post 7.06 earnings per share for the current year.

Materion Announces Dividend

The business also recently declared 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 is currently 13.52%.

Insider Buying and Selling

In other Materion news, CEO Jugal K. Vijayvargiya sold 24,336 shares of Materion stock in a transaction on Friday, August 7th. The stock was 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 of the company's stock, valued at $34,031,762.38. The trade was a 17.26% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Shelly Marie Chadwick sold 1,705 shares of the company's stock in a transaction on Friday, August 7th. The shares were sold at an average price of $293.00, for a total value of $499,565.00. Following the sale, the chief financial officer owned 15,246 shares of the company's stock, valued at approximately $4,467,078. The trade was a 10.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 2.80% of the company's stock.

Analysts Set New Price Targets

Several research firms have weighed in on MTRN. Wall Street Zen raised shares of Materion from a "hold" rating to a "buy" rating in a report on Saturday, August 8th. Zacks Research raised Materion from a "hold" rating to a "strong-buy" rating in a research report on Thursday, August 6th. KeyCorp increased their target price on Materion from $237.00 to $306.00 and gave the stock 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 Monday, August 24th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of $306.00.

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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