EULAV Asset Management Purchases New Holdings in Materion Corporation $MTRN

Key Points

• EULAV Asset Management bought 8,900 Materion shares worth approximately $2.4 million in the third quarter. Institutional investors and hedge funds collectively own 93.56% of the company.
• Materion reported quarterly earnings of $1.90 per share, 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 generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $310, although insiders sold roughly $8.3 million of stock over the past 90 days.

EULAV Asset Management purchased a new position in shares of Materion Corporation (NYSE:MTRN - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 8,900 shares of the basic materials company's stock, valued at approximately $2,399,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. BlackRock Inc. bought a new stake in shares of Materion in the second quarter worth $1,032,985,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in Materion in the second quarter valued at $132,656,000. Congress Asset Management Co. bought a new position in Materion in the third quarter valued at $51,835,000. Bank of America Corp DE bought a new position in Materion in the second quarter valued at $51,481,000. Finally, Bank of New York Mellon Corp acquired a new stake in Materion in the 2nd quarter valued at $49,060,000. 93.56% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Emily M. Liggett sold 1,012 shares of the business's stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $232.42, for a total transaction of $235,209.04. Following the transaction, the director directly owned 3,161 shares in the company, valued at $734,679.62. The trade was a 24.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Shelly Chadwick sold 1,705 shares of the company's stock in a transaction dated Friday, August 7th. The shares were 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 in the company, 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. In the last 90 days, insiders sold 29,053 shares of company stock worth $8,301,958. Insiders own 2.80% of the company's stock.

Materion Trading Up 0.0%

NYSE MTRN opened at $221.16 on Monday. The company has a market cap of $4.61 billion, a PE ratio of 51.55 and a beta of 1.05. The company has a current ratio of 2.94, a quick ratio of 1.29 and a debt-to-equity ratio of 0.44. Materion Corporation has a 12 month low of $109.61 and a 12 month high of $324.98. The stock has a 50 day moving average of $255.23 and a 200-day moving average of $237.72.

Materion (NYSE:MTRN - Get Free Report) last released its earnings results on Wednesday, August 5th. The basic materials company reported $1.90 earnings per share 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 business had revenue of $308.19 million during the quarter, compared to analysts' expectations of $549.82 million. During the same period last year, the business earned $1.37 earnings per share. The firm's revenue was up 42.2% on a year-over-year basis. Materion has set its FY 2026 guidance at 6.800-7.200 EPS. On average, equities research analysts anticipate that Materion Corporation will post 7.04 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on MTRN shares. Wall Street Zen raised shares of Materion from a "hold" rating to a "buy" rating in a research report on Saturday, August 8th. KeyCorp increased their price objective on shares of Materion from $237.00 to $306.00 and gave the stock an "overweight" rating in a research note on Friday, August 7th. Jefferies Financial Group started coverage on Materion in a report on Wednesday, September 2nd. They issued a "buy" rating and a $314.00 price objective for the company. Zacks Research downgraded Materion from a "strong-buy" rating to a "hold" rating in a research report on Monday, October 5th. Finally, Weiss Ratings raised Materion from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Wednesday, October 14th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Materion has a consensus rating of "Moderate Buy" and an average target price of $310.00.

Materion Profile

Materion Corporation is an advanced materials company that develops, manufactures and supplies engineered materials for demanding applications. Its product portfolio includes beryllium and beryllium-aluminum alloys, specialty metals, precious-metal and clad materials, thin-film coating materials, optical filters and other precision components.

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

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