Materion Corporation $MTRN Shares Acquired by California State Teachers Retirement System

Key Points

• California State Teachers Retirement System dramatically increased its Materion stake by 28,829.4% in the second quarter, acquiring 7.1 million additional shares and ending with a 34.18% ownership position valued at approximately $2.12 billion.
• Materion reported quarterly EPS of $1.90, 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 and pays a quarterly dividend of $0.145 per share.
• Analyst sentiment is broadly positive, with a consensus “Buy” rating and an average price target of $310.00. Materion shares opened at $256.87, while insiders sold approximately $8.3 million of stock over the prior three months.

California State Teachers Retirement System lifted its stake in shares of Materion Corporation (NYSE:MTRN - Free Report) by 28,829.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,120,111 shares of the basic materials company's stock after acquiring an additional 7,095,499 shares during the period. California State Teachers Retirement System owned 34.18% of Materion worth $2,117,450,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. EverSource Wealth Advisors LLC increased its holdings in shares of Materion by 182.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 348 shares of the basic materials company's stock worth $28,000 after buying an additional 225 shares during the last quarter. Harbor Investment Advisory LLC acquired a new position in shares of Materion in the 2nd quarter valued at $32,000. Jones Financial Companies Lllp purchased a new position in shares of Materion during the 1st quarter worth $34,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Materion during the 3rd quarter worth $35,000. Finally, Kestra Advisory Services LLC acquired a new stake in shares of Materion during the 4th quarter worth about $40,000. Institutional investors and hedge funds own 93.56% of the company's stock.

Insiders Place Their Bets

In related news, Director Emily M. Liggett sold 1,012 shares of the business's stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $232.42, for a total value of $235,209.04. Following the completion of the sale, the director directly owned 3,161 shares in the company, valued at approximately $734,679.62. The trade was a 24.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Vinod M. Khilnani sold 2,000 shares of the company's stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $235.16, for a total transaction of $470,320.00. Following the transaction, the director directly owned 11,171 shares of the company's stock, valued at $2,626,972.36. This trade represents a 15.18% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 29,053 shares of company stock worth $8,301,958 in the last three months. Company insiders own 2.80% of the company's stock.

Materion Price Performance

Materion stock opened at $256.87 on Friday. The company has a market cap of $5.35 billion, a P/E ratio of 59.88 and a beta of 1.08. Materion Corporation has a one year low of $109.61 and a one year high of $304.58. The business has a fifty day moving average of $248.55 and a two-hundred day moving average of $212.98. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.29 and a current ratio of 2.94.

Materion (NYSE:MTRN - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $1.90 earnings per share for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $549.82 million. During the same period in the prior year, the company posted $1.37 EPS. The business'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. As a group, analysts predict that Materion Corporation will post 7.06 earnings per share for the current fiscal year.

Materion Announces Dividend

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

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Weiss Ratings lowered shares of Materion from a "hold (c+)" rating to a "hold (c)" rating in a research note on Thursday. Jefferies Financial Group initiated coverage on shares of Materion in a report on Wednesday, September 2nd. They issued a "buy" rating and a $314.00 target price for the company. Zacks Research raised Materion from a "hold" rating to a "strong-buy" rating in a research report on Thursday, August 6th. KeyCorp upped their price target on 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 Materion from a "hold" rating to a "buy" rating in a research report on Saturday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Materion currently has a consensus rating of "Buy" and an average price target of $310.00.

Materion Company Profile

Materion Corporation is an advanced materials company that develops, manufactures and supplies engineered materials for demanding industrial and technology applications. Its portfolio includes specialty metals and alloys, thin-film deposition materials, precious and non-precious metal products, beryllium-based materials, specialty chemicals and precision optics.

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

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