Materion (NYSE:MTRN) Upgraded at Wall Street Zen

Key Points

• Wall Street Zen upgraded Materion (NYSE:MTRN) from a "hold" to a "buy", though the MarketBeat consensus remains a Hold with a $170 target and KeyCorp has raised its price target to $170 with an "overweight" rating.
• Quarterly beat and raised guidance: Materion reported EPS of $1.53 (vs. $1.51 est.) and revenue of $489.8M (vs. $448.8M), with revenue up 12.1% YoY and FY2026 guidance set at $6.00–$6.50 EPS (analysts expect 5.5 EPS).
• Notable insider selling: the CFO and CEO recently sold shares (total insider sales of 49,549 shares worth ~$7.55M in the last 90 days), while corporate insiders still own 2.6% and institutional/hedge funds own about 93.6% of the stock.

Materion (NYSE:MTRN - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a report released on Saturday.

MTRN has been the subject of several other research reports. Weiss Ratings reiterated a "hold (c-)" rating on shares of Materion in a research report on Thursday, January 22nd. KeyCorp lifted their price target on shares of Materion from $159.00 to $170.00 and gave the company an "overweight" rating in a research note on Friday, February 13th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Materion presently has a consensus rating of "Hold" and a consensus target price of $170.00.

Materion Stock Down 4.1%

Shares of MTRN opened at $144.20 on Friday. The company has a 50-day moving average price of $145.59 and a two-hundred day moving average price of $129.01. The company has a quick ratio of 1.29, a current ratio of 3.11 and a debt-to-equity ratio of 0.48. The stock has a market cap of $2.99 billion, a price-to-earnings ratio of 40.17 and a beta of 0.84. Materion has a 12 month low of $69.10 and a 12 month high of $172.03.

Materion (NYSE:MTRN - Get Free Report) last posted its quarterly earnings data on Thursday, February 12th. The basic materials company reported $1.53 earnings per share for the quarter, topping the consensus estimate of $1.51 by $0.02. Materion had a net margin of 4.19% and a return on equity of 12.36%. The company had revenue of $489.75 million during the quarter, compared to analyst estimates of $448.78 million. During the same quarter last year, the business posted $1.55 earnings per share. The company's revenue was up 12.1% on a year-over-year basis. Materion has set its FY 2026 guidance at 6.000-6.500 EPS. Equities analysts predict that Materion will post 5.5 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CFO Shelly Marie Chadwick sold 2,539 shares of Materion stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $160.06, for a total value of $406,392.34. Following the completion of the transaction, the chief financial officer directly owned 15,243 shares of the company's stock, valued at approximately $2,439,794.58. This trade represents a 14.28% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Jugal K. Vijayvargiya sold 12,245 shares of the business's stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $156.86, for a total transaction of $1,920,750.70. Following the transaction, the chief executive officer owned 118,008 shares in the company, valued at $18,510,734.88. The trade was a 9.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 49,549 shares of company stock worth $7,548,444. Corporate insiders own 2.60% of the company's stock.

Hedge Funds Weigh In On Materion

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Amalgamated Bank boosted its position in Materion by 1.5% during the third quarter. Amalgamated Bank now owns 6,018 shares of the basic materials company's stock worth $727,000 after purchasing an additional 87 shares during the period. Mercer Global Advisors Inc. ADV raised its holdings in shares of Materion by 4.2% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 2,266 shares of the basic materials company's stock valued at $282,000 after acquiring an additional 91 shares in the last quarter. Wealthspire Advisors LLC raised its stake in Materion by 2.9% in the fourth quarter. Wealthspire Advisors LLC now owns 3,219 shares of the basic materials company's stock valued at $400,000 after purchasing an additional 92 shares in the last quarter. Pinnacle Associates Ltd. lifted its holdings in shares of Materion by 0.7% during the 3rd quarter. Pinnacle Associates Ltd. now owns 13,045 shares of the basic materials company's stock worth $1,576,000 after acquiring an additional 95 shares during the last quarter. Finally, Nisa Investment Advisors LLC lifted its stake in Materion by 0.4% during the third quarter. Nisa Investment Advisors LLC now owns 23,357 shares of the basic materials company's stock worth $2,822,000 after purchasing an additional 100 shares during the last quarter. 93.56% of the stock is owned by hedge funds and other institutional investors.

About Materion

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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