Materion (NYSE:MTRN) Updates FY 2025 Earnings Guidance

Key Points

• Materion Corporation has updated its FY 2025 earnings guidance, projecting earnings per share between $5.300 and $5.700, significantly above the consensus of $4.954.
• Recent upgrades from analysts include Wall Street Zen raising Materion to a "buy" rating and KeyCorp increasing its rating to "overweight" with a price target of $112.00.
• The company declared a quarterly dividend of $0.14 per share, reflecting a positive change despite a dividend payout ratio of 112.00%.

Materion (NYSE:MTRN - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 5.300-5.700 for the period, compared to the consensus earnings per share estimate of 4.954. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of brokerages recently issued reports on MTRN. KeyCorp raised Materion from a "sector weight" rating to an "overweight" rating and set a $112.00 price objective on the stock in a report on Friday, July 18th. Wall Street Zen cut Materion from a "buy" rating to a "hold" rating in a research report on Saturday.

Materion Price Performance

Shares of Materion stock traded down $0.23 during trading on Friday, hitting $105.07. The stock had a trading volume of 303,428 shares, compared to its average volume of 259,844. The company has a current ratio of 3.17, a quick ratio of 1.25 and a debt-to-equity ratio of 0.46. Materion has a 12 month low of $69.10 and a 12 month high of $123.21. The firm has a market cap of $2.18 billion, a price-to-earnings ratio of 131.34 and a beta of 0.85. The business's 50-day moving average is $84.56 and its 200 day moving average is $86.21.

Materion (NYSE:MTRN - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The basic materials company reported $1.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.18 by $0.19. The firm had revenue of $431.66 million during the quarter, compared to the consensus estimate of $403.73 million. Materion had a return on equity of 12.69% and a net margin of 0.94%. The company's revenue for the quarter was up 1.4% on a year-over-year basis. During the same quarter last year, the company posted $1.42 EPS. As a group, sell-side analysts anticipate that Materion will post 5.5 earnings per share for the current year.

Materion Increases Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend was Thursday, May 29th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.5%. This is an increase from Materion's previous quarterly dividend of $0.14. Materion's payout ratio is presently 70.00%.

Insider Transactions at Materion

In other Materion news, VP Gregory R. Chemnitz sold 2,000 shares of Materion stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $80.45, for a total transaction 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 SEC, which is available at this hyperlink. Company insiders own 2.60% of the company's stock.

Institutional Trading of Materion

A number of hedge funds have recently bought and sold shares of the company. Jones Financial Companies Lllp bought a new position in shares of Materion in the first quarter worth approximately $34,000. AQR Capital Management LLC bought a new stake in Materion in the first quarter valued at $201,000. Jane Street Group LLC lifted its position in shares of Materion by 44.9% in the 1st quarter. Jane Street Group LLC now owns 35,319 shares of the basic materials company's stock worth $2,882,000 after purchasing an additional 10,940 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Materion by 12.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 54,045 shares of the basic materials company's stock worth $4,410,000 after buying an additional 5,894 shares during the period. Finally, Millennium Management LLC raised its position in shares of Materion by 54.1% in the 1st quarter. Millennium Management LLC now owns 89,212 shares of the basic materials company's stock worth $7,280,000 after acquiring an additional 31,305 shares in the last quarter. Institutional investors own 93.56% of the company's stock.

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.