Materion (NYSE:MTRN) Upgraded to "Overweight" at KeyCorp

KeyCorp upgraded shares of Materion (NYSE:MTRN - Free Report) from a sector weight rating to an overweight rating in a report released on Friday morning, Marketbeat reports. They currently have $112.00 price objective on the basic materials company's stock. KeyCorp also issued estimates for Materion's Q3 2025 earnings at $1.23 EPS, Q4 2025 earnings at $1.52 EPS and FY2025 earnings at $5.04 EPS.

Separately, Wall Street Zen upgraded shares of Materion from a "hold" rating to a "buy" rating in a research report on Saturday, July 5th.

Materion Price Performance

NYSE MTRN traded up $5.61 during trading hours on Friday, reaching $94.24. The company's stock had a trading volume of 390,753 shares, compared to its average volume of 116,909. The stock has a market cap of $1.96 billion, a PE ratio of 188.48 and a beta of 0.80. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.20 and a current ratio of 2.84. The company's 50-day moving average is $80.70 and its two-hundred day moving average is $86.35. Materion has a fifty-two week low of $69.10 and a fifty-two week high of $123.21.

Materion (NYSE:MTRN - Get Free Report) last released its earnings results on Thursday, May 1st. The basic materials company reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.01. Materion had a net margin of 0.59% and a return on equity of 12.83%. The business had revenue of $420.33 million for the quarter, compared to analysts' expectations of $396.83 million. During the same period last year, the company earned $0.96 earnings per share. The company's quarterly revenue was up 9.1% on a year-over-year basis. Analysts forecast that Materion will post 5.5 EPS for the current year.

Materion Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Thursday, May 29th were issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 0.59%. The ex-dividend date was Thursday, May 29th. This is a boost from Materion's previous quarterly dividend of $0.14. Materion's dividend payout ratio is presently 112.00%.

Insider Transactions at Materion

In other Materion news, VP Gregory R. Chemnitz sold 2,000 shares of the stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $80.45, for a total value of $160,900.00. Following the transaction, the vice president owned 13,376 shares of the company's stock, valued at approximately $1,076,099.20. This represents a 13.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 2.60% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of Materion by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 2,523,141 shares of the basic materials company's stock worth $249,488,000 after buying an additional 25,888 shares in the last quarter. Capital Research Global Investors grew its position in Materion by 16.3% during the 4th quarter. Capital Research Global Investors now owns 1,838,484 shares of the basic materials company's stock worth $181,789,000 after acquiring an additional 257,637 shares during the last quarter. Trigran Investments Inc. grew its position in shares of Materion by 7.7% in the 1st quarter. Trigran Investments Inc. now owns 794,765 shares of the basic materials company's stock valued at $64,853,000 after buying an additional 56,935 shares during the last quarter. Vaughan Nelson Investment Management L.P. grew its position in shares of Materion by 7.5% in the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 673,007 shares of the basic materials company's stock valued at $54,917,000 after buying an additional 47,240 shares during the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC boosted its position in shares of Materion by 6.8% during the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 473,606 shares of the basic materials company's stock valued at $46,830,000 after purchasing an additional 30,262 shares in the last quarter. 93.56% of the stock is currently owned by institutional investors.

About Materion

Materion Corporation, together with its subsidiaries, produces advanced engineered materials used in semiconductor, industrial, aerospace and defense, automotive, energy, consumer electronics, and telecom and data center in the United States, Asia, Europe, and internationally. The company operates in four segments: Performance Materials, Electronic Materials, Precision Optics, and Other.