Materion Corporation $MTRN Shares Acquired by Bank of America Corp DE

Key Points

• Bank of America increased its Materion stake by 8.7% in the first quarter, bringing its holdings to 118,569 shares valued at approximately $17.2 million. Institutional investors and hedge funds collectively own 93.56% of the company.
• Materion reported quarterly EPS of $1.90, exceeding estimates of $1.52, while revenue rose 42.2% year over year. The company issued fiscal 2026 EPS guidance of $6.80–$7.20.
• The stock opened at $233.10 after a 4.9% decline, while analysts maintained a generally positive outlook with a consensus “Buy” rating and $306 price target. Materion also declared a quarterly dividend of $0.145 per share.

Bank of America Corp DE boosted its stake in Materion Corporation (NYSE:MTRN - Free Report) by 8.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 118,569 shares of the basic materials company's stock after buying an additional 9,441 shares during the quarter. Bank of America Corp DE owned approximately 0.57% of Materion worth $17,151,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. EverSource Wealth Advisors LLC raised its position in shares of Materion by 182.9% in the second quarter. EverSource Wealth Advisors LLC now owns 348 shares of the basic materials company's stock valued at $28,000 after buying an additional 225 shares during the last quarter. Jones Financial Companies Lllp acquired a new stake in shares of Materion in the first quarter valued at approximately $34,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Materion in the third quarter valued at approximately $35,000. Kestra Advisory Services LLC purchased a new position in Materion during the fourth quarter worth approximately $40,000. Finally, Hantz Financial Services Inc. lifted its position in Materion by 69.8% during the fourth quarter. Hantz Financial Services Inc. now owns 360 shares of the basic materials company's stock worth $45,000 after buying an additional 148 shares in the last quarter. 93.56% of the stock is currently owned by institutional investors and hedge funds.

Materion Trading Down 4.9%

NYSE MTRN opened at $233.10 on Friday. The firm's 50-day moving average is $258.21 and its two-hundred day moving average is $203.27. Materion Corporation has a 12 month low of $107.72 and a 12 month high of $304.58. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.94 and a quick ratio of 1.29. The stock has a market capitalization of $4.86 billion, a P/E ratio of 54.34 and a beta of 1.07.

Materion (NYSE:MTRN - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $1.90 earnings per share for the quarter, beating analysts' consensus estimates of $1.52 by $0.38. The business had revenue of $308.19 million during 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% on a year-over-year basis. During the same period last year, the business earned $1.37 earnings per share. Materion has set its FY 2026 guidance at 6.800-7.200 EPS. On average, sell-side analysts anticipate that Materion Corporation will post 7.06 earnings per share for the current year.

Materion Announces Dividend

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

Insiders Place Their Bets

In related news, CEO Jugal K. Vijayvargiya sold 24,336 shares of the firm's stock in a transaction dated Friday, August 7th. The stock was 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 in the company, 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 SEC, which is available through this link. Also, CFO Shelly Marie Chadwick sold 1,705 shares of Materion stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $293.00, for a total value of $499,565.00. Following the completion of the transaction, the chief financial officer directly owned 15,246 shares of the company's stock, valued at approximately $4,467,078. This represents a 10.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 2.80% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Weiss Ratings lowered Materion from a "hold (c+)" rating to a "hold (c)" rating in a report on Friday, August 7th. Zacks Research upgraded shares of Materion from a "hold" rating to a "strong-buy" rating in a research report on Thursday, August 6th. KeyCorp lifted 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, August 7th. Finally, Wall Street Zen upgraded shares of Materion from a "hold" rating to a "buy" rating in a report on Saturday, August 8th. One investment 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 MarketBeat, Materion currently has a consensus rating of "Buy" and a consensus price target 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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