Bank of New York Mellon Corp Invests $49.06 Million in Materion Corporation $MTRN

Key Points

• Bank of New York Mellon acquired 164,967 Materion shares worth approximately $49.06 million, representing about 0.79% of the company. Institutional investors collectively own 93.56% of MTRN.
• Materion reported quarterly EPS of $1.90, beating estimates of $1.52, while revenue rose 42.2% year over year. The company issued fiscal 2026 EPS guidance of $6.80–$7.20.
• Analysts maintain a consensus “Buy” rating with a $306 price target, while Materion declared a quarterly dividend of $0.145 per share. The stock recently traded at $247.64, despite CEO and CFO share sales in August.

Bank of New York Mellon Corp bought a new position in shares of Materion Corporation (NYSE:MTRN - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 164,967 shares of the basic materials company's stock, valued at approximately $49,060,000. Bank of New York Mellon Corp owned approximately 0.79% of Materion as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of MTRN. UBS Group AG increased its position in shares of Materion by 18.8% in the fourth quarter. UBS Group AG now owns 60,378 shares of the basic materials company's stock worth $7,506,000 after acquiring an additional 9,576 shares in the last quarter. Bank of America Corp DE boosted its position in Materion by 8.7% during the 1st quarter. Bank of America Corp DE now owns 118,569 shares of the basic materials company's stock worth $17,151,000 after purchasing an additional 9,441 shares during the period. King Luther Capital Management Corp increased its holdings in Materion by 95.1% in the 4th quarter. King Luther Capital Management Corp now owns 74,075 shares of the basic materials company's stock valued at $9,209,000 after purchasing an additional 36,112 shares in the last quarter. California State Teachers Retirement System increased its holdings in Materion by 25.0% in the 1st quarter. California State Teachers Retirement System now owns 24,612 shares of the basic materials company's stock valued at $3,560,000 after purchasing an additional 4,926 shares in the last quarter. Finally, First Eagle Investment Management LLC raised its position in Materion by 136.7% in the fourth quarter. First Eagle Investment Management LLC now owns 58,000 shares of the basic materials company's stock valued at $7,211,000 after purchasing an additional 33,500 shares during the period. Hedge funds and other institutional investors own 93.56% of the company's stock.

Materion Trading Up 4.9%

Shares of MTRN opened at $247.64 on Friday. Materion Corporation has a one year low of $107.72 and a one year high of $304.58. The stock has a 50-day moving average price of $255.85 and a 200 day moving average price of $206.40. 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 company has a market capitalization of $5.16 billion, a P/E ratio of 57.73 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, topping the consensus estimate of $1.52 by $0.38. The company had revenue of $308.19 million for the quarter, compared to the consensus estimate of $549.82 million. Materion had a return on equity of 13.38% and a net margin of 4.29%.Materion's revenue for the quarter was up 42.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.37 EPS. Materion has set its FY 2026 guidance at 6.800-7.200 EPS. Sell-side analysts forecast that Materion Corporation will post 7.06 EPS for the current fiscal 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 issued a $0.145 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $0.58 annualized dividend and a yield of 0.2%. Materion's dividend payout ratio is currently 13.52%.

Wall Street Analysts Forecast Growth

MTRN has been the subject of several analyst reports. Wall Street Zen raised Materion from a "hold" rating to a "buy" rating in a research 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 upped their price target on Materion from $237.00 to $306.00 and gave the stock an "overweight" rating in a report on Friday, August 7th. Finally, Weiss Ratings raised shares of Materion from a "hold (c)" rating to a "hold (c+)" rating in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $306.00.

Insiders Place Their Bets

In other Materion news, CEO Jugal K. Vijayvargiya sold 24,336 shares of the firm's stock in a transaction 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 of the company's stock, valued at $34,031,762.38. This trade represents 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 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 sale, 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. The SEC filing for this sale provides additional information. Corporate insiders own 2.80% 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.

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