Copeland Capital Management LLC Lowers Stock Position in Materion Corporation $MTRN

Key Points

• Copeland Capital Management cut its stake in Materion by 18.2% to 304,939 shares (about $37.9M) in Q4, even as other institutions like State Street, JPMorgan and Raymond James increased positions—institutional investors now own 93.56% of the stock.
• Analyst coverage is mixed but the consensus is a Moderate Buy with a $170 price target; firms such as KeyCorp and Robert W. Baird have issued positive ratings while others maintain holds.
• Materion beat Q4 revenue and EPS estimates and set FY2026 guidance of 6.00–6.50 EPS (analysts average 6.4), though insiders sold roughly 49,549 shares (~$7.55M) last quarter.

Copeland Capital Management LLC lessened its holdings in Materion Corporation (NYSE:MTRN - Free Report) by 18.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 304,939 shares of the basic materials company's stock after selling 67,909 shares during the period. Copeland Capital Management LLC owned about 1.47% of Materion worth $37,910,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. Harvey Partners LLC purchased a new position in shares of Materion in the 3rd quarter valued at $38,418,000. State Street Corp increased its holdings in shares of Materion by 28.0% in the 2nd quarter. State Street Corp now owns 1,298,956 shares of the basic materials company's stock valued at $103,098,000 after acquiring an additional 283,998 shares during the period. American Century Companies Inc. increased its holdings in shares of Materion by 53.2% in the 3rd quarter. American Century Companies Inc. now owns 365,212 shares of the basic materials company's stock valued at $44,121,000 after acquiring an additional 126,794 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Materion by 155.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 190,626 shares of the basic materials company's stock valued at $23,030,000 after acquiring an additional 116,091 shares during the period. Finally, Raymond James Financial Inc. increased its holdings in shares of Materion by 187.4% in the 3rd quarter. Raymond James Financial Inc. now owns 167,200 shares of the basic materials company's stock valued at $20,199,000 after acquiring an additional 109,017 shares during the period. Hedge funds and other institutional investors own 93.56% of the company's stock.

Wall Street Analysts Forecast Growth

MTRN has been the topic of a number of analyst reports. Robert W. Baird initiated coverage on Materion in a report on Wednesday, April 1st. They issued an "outperform" rating on the stock. Weiss Ratings reiterated a "hold (c-)" rating on shares of Materion in a report on Thursday, January 22nd. Wall Street Zen downgraded Materion from a "buy" rating to a "hold" rating in a report on Sunday, March 15th. Finally, KeyCorp began coverage on shares of Materion in a research report on Wednesday, March 25th. They set an "overweight" rating and a $170.00 target price for the company. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $170.00.

Insiders Place Their Bets

In other Materion news, VP Gregory R. Chemnitz sold 4,517 shares of the firm's stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $157.32, for a total value of $710,614.44. Following the completion of the transaction, the vice president owned 5,930 shares of the company's stock, valued at approximately $932,907.60. This trade represents a 43.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Melissa A. Fashinpaur sold 309 shares of the stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $160.00, for a total transaction of $49,440.00. Following the completion of the sale, the chief accounting officer owned 310 shares in the company, valued at $49,600. The trade was a 49.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 49,549 shares of company stock valued at $7,548,444. Corporate insiders own 2.80% of the company's stock.

Materion Trading Up 2.1%

NYSE MTRN opened at $183.10 on Friday. The company has a fifty day simple moving average of $153.87 and a two-hundred day simple moving average of $138.00. The stock has a market cap of $3.81 billion, a P/E ratio of 51.00 and a beta of 0.91. Materion Corporation has a 12-month low of $70.94 and a 12-month high of $185.24. The company has a current ratio of 3.11, a quick ratio of 1.29 and a debt-to-equity ratio of 0.48.

Materion (NYSE:MTRN - Get Free Report) last posted its quarterly earnings results on Thursday, February 12th. The basic materials company reported $1.53 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.51 by $0.02. The business had revenue of $489.75 million during the quarter, compared to analysts' expectations of $448.78 million. Materion had a net margin of 4.19% and a return on equity of 12.36%. The business's quarterly revenue was up 12.1% on a year-over-year basis. During the same quarter last year, the company posted $1.55 earnings per share. Materion has set its FY 2026 guidance at 6.000-6.500 EPS. On average, analysts forecast that Materion Corporation will post 6.4 earnings per share for the current year.

Materion Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 6th. Shareholders of record on Thursday, February 19th were issued a $0.14 dividend. The ex-dividend date of this dividend was Thursday, February 19th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.3%. Materion's dividend payout ratio (DPR) is currently 15.60%.

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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