First Trust Advisors LP Acquires 3,973 Shares of Materion Corporation $MTRN

Key Points

• First Trust Advisors increased its Materion stake by 197.3%, buying 3,973 additional shares to hold 5,987 shares worth approximately $866,000. Institutional investors collectively own 93.56% of the company.
• Materion reported quarterly EPS of $1.90, beating estimates by $0.38, while revenue rose 42.2% year over year. The company maintained fiscal 2026 EPS guidance of $6.80–$7.20.
• Analysts maintain a consensus “Buy” rating with an average price target of $306, compared with a recent share price of $279.90. Materion also declared a quarterly dividend of $0.145 per share, for a 0.2% yield.

First Trust Advisors LP lifted its holdings in shares of Materion Corporation (NYSE:MTRN - Free Report) by 197.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,987 shares of the basic materials company's stock after buying an additional 3,973 shares during the quarter. First Trust Advisors LP's holdings in Materion were worth $866,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Swiss National Bank lifted its holdings in Materion by 0.5% in the first quarter. Swiss National Bank now owns 41,000 shares of the basic materials company's stock valued at $5,931,000 after buying an additional 200 shares during the period. Illinois Municipal Retirement Fund grew its holdings in Materion by 12.4% during the 1st quarter. Illinois Municipal Retirement Fund now owns 12,074 shares of the basic materials company's stock worth $1,747,000 after acquiring an additional 1,331 shares during the period. Hillsdale Investment Management Inc. raised its position in shares of Materion by 3,571.4% during the 1st quarter. Hillsdale Investment Management Inc. now owns 2,570 shares of the basic materials company's stock valued at $372,000 after acquiring an additional 2,500 shares during the last quarter. Principal Financial Group Inc. raised its position in shares of Materion by 21.5% during the 1st quarter. Principal Financial Group Inc. now owns 120,164 shares of the basic materials company's stock valued at $17,382,000 after acquiring an additional 21,295 shares during the last quarter. Finally, Fifth Third Bancorp lifted its stake in shares of Materion by 4,693.8% in the 1st quarter. Fifth Third Bancorp now owns 6,951 shares of the basic materials company's stock valued at $1,006,000 after purchasing an additional 6,806 shares during the period. 93.56% of the stock is owned by institutional investors.

Materion Price Performance

MTRN opened at $279.90 on Tuesday. The stock has a market cap of $5.83 billion, a P/E ratio of 65.24 and a beta of 1.07. Materion Corporation has a 12 month low of $104.63 and a 12 month high of $304.58. The company has a quick ratio of 1.29, a current ratio of 2.94 and a debt-to-equity ratio of 0.44. The company has a fifty day simple moving average of $251.74 and a 200 day simple moving average of $195.93.

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 for the quarter, topping the consensus estimate of $1.52 by $0.38. Materion had a return on equity of 13.38% and a net margin of 4.29%.The firm had revenue of $308.19 million for the quarter, compared to analyst estimates of $549.82 million. During the same period in the previous year, the company posted $1.37 earnings per share. The company's revenue for the quarter 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, research analysts expect that Materion Corporation will post 7.06 EPS for the current year.

Materion Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Thursday, August 20th will be issued a dividend of $0.145 per share. This represents a $0.58 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Thursday, August 20th. Materion's payout ratio is 13.52%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on MTRN. Wall Street Zen upgraded Materion from a "hold" rating to a "buy" rating in a research report on Saturday. KeyCorp increased their target price on Materion from $237.00 to $306.00 and gave the company an "overweight" rating in a research note on Friday. Weiss Ratings cut Materion from a "hold (c+)" rating to a "hold (c)" rating in a report on Friday. Finally, Zacks Research upgraded Materion from a "hold" rating to a "strong-buy" rating in a research report on Thursday, August 6th. One investment 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, Materion presently has a consensus rating of "Buy" and an average target price of $306.00.

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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