Materion (NYSE:MTRN) Upgraded by KeyCorp to "Overweight" Rating

KeyCorp upgraded shares of Materion (NYSE:MTRN - Free Report) from a sector weight rating to an overweight rating in a research report sent to investors on Friday, MarketBeat Ratings 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 Stock Performance

MTRN traded up $1.19 on Friday, reaching $95.39. The stock had a trading volume of 274,091 shares, compared to its average volume of 117,670. The company has a market cap of $1.99 billion, a P/E ratio of 17.10 and a beta of 0.80. Materion has a 12-month low of $69.10 and a 12-month high of $123.21. The business's 50-day moving average price is $80.70 and its two-hundred day moving average price is $86.20. The company has a current ratio of 2.84, a quick ratio of 1.20 and a debt-to-equity ratio of 0.46.

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

Materion Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Thursday, May 29th were given 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 of this dividend was Thursday, May 29th. This is a boost from Materion's previous quarterly dividend of $0.14. Materion's dividend payout ratio is currently 112.00%.

Insider Activity

In other news, VP Gregory R. Chemnitz sold 2,000 shares of Materion stock in a transaction on Monday, May 5th. The stock was sold at an average price of $80.45, for a total value of $160,900.00. Following the completion of the sale, the vice president owned 13,376 shares of the company's stock, valued at $1,076,099.20. The trade was a 13.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 2.60% of the company's stock.

Institutional Investors Weigh In On Materion

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

Materion Company Profile

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.