California State Teachers Retirement System Acquires 4,926 Shares of Materion Corporation $MTRN

Key Points

• California State Teachers Retirement System increased its Materion stake by 25% in the first quarter, acquiring 4,926 additional shares for a total of 24,612 shares valued at approximately $3.56 million. Institutional investors collectively own 93.56% of MTRN.
• Analyst sentiment is broadly positive: Materion has a consensus “Buy” rating and a $306 price target, while KeyCorp raised its target to $306 and Zacks upgraded the stock to “strong buy.”
• Materion reported quarterly EPS of $1.90, beating estimates of $1.52, while revenue rose 42.2% year over year. The company maintained fiscal 2026 EPS guidance of $6.80–$7.20 and declared a quarterly dividend of $0.145 per share.

California State Teachers Retirement System increased its holdings in Materion Corporation (NYSE:MTRN - Free Report) by 25.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,612 shares of the basic materials company's stock after acquiring an additional 4,926 shares during the quarter. California State Teachers Retirement System owned about 0.12% of Materion worth $3,560,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of MTRN. UBS Group AG raised its stake in Materion by 18.8% during the fourth quarter. UBS Group AG now owns 60,378 shares of the basic materials company's stock valued at $7,506,000 after buying an additional 9,576 shares during the last quarter. King Luther Capital Management Corp grew its stake in shares of Materion by 95.1% in the fourth quarter. King Luther Capital Management Corp now owns 74,075 shares of the basic materials company's stock worth $9,209,000 after acquiring an additional 36,112 shares during the last quarter. First Eagle Investment Management LLC increased its holdings in shares of Materion by 136.7% during 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 acquiring an additional 33,500 shares in the last quarter. Principal Financial Group Inc. raised its position in shares of Materion by 21.5% in the 1st quarter. Principal Financial Group Inc. now owns 120,164 shares of the basic materials company's stock worth $17,382,000 after purchasing an additional 21,295 shares during the last quarter. Finally, Royce & Associates LP raised its position in shares of Materion by 11.2% in the 4th quarter. Royce & Associates LP now owns 108,440 shares of the basic materials company's stock worth $13,481,000 after purchasing an additional 10,940 shares during the last quarter. Institutional investors own 93.56% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently commented on MTRN shares. Weiss Ratings downgraded shares of Materion from a "hold (c+)" rating to a "hold (c)" rating in a research report on Friday. KeyCorp upped their target price on shares of Materion from $237.00 to $306.00 and gave the stock an "overweight" rating in a research note on Friday. Wall Street Zen raised shares of Materion from a "hold" rating to a "buy" rating in a research report on Saturday. Finally, Zacks Research upgraded shares of Materion from a "hold" rating to a "strong-buy" rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of $306.00.

Materion Price Performance

NYSE MTRN opened at $289.40 on Friday. Materion Corporation has a one year low of $104.63 and a one year high of $304.58. The stock has a 50-day moving average of $250.58 and a 200 day moving average of $194.64. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.32 and a current ratio of 2.94. The company has a market capitalization of $6.02 billion, a price-to-earnings ratio of 67.46 and a beta of 1.07.

Materion (NYSE:MTRN - Get Free Report) last posted its earnings results on Wednesday, August 5th. The basic materials company reported $1.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.38. The business had revenue of $308.19 million for 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 revenue for the quarter was up 42.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.37 EPS. Materion has set its FY 2026 guidance at 6.800-7.200 EPS. On average, sell-side analysts forecast that Materion Corporation will post 7.06 EPS for the current year.

Materion Dividend Announcement

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 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 13.52%.

Materion Profile

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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