Materion (NYSE:MTRN) Upgraded to "Buy" at Wall Street Zen

Key Points

• Wall Street Zen upgraded Materion to “Buy” from “Hold,” while KeyCorp raised its price target to $306 and maintained an “Overweight” rating. The stock has an overall “Moderate Buy” consensus rating and a $306 average target price.
• Materion reported quarterly EPS of $1.90, beating estimates of $1.52, while revenue rose 42.2% year over year to $308.19 million. The company issued fiscal 2026 EPS guidance of $6.80–$7.20.
• Shares recently traded up 4.0% at $289.40, near their 52-week high of $304.58. Institutional investors own approximately 93.56% of the company’s stock.

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

MTRN has been the topic of a number of other research reports. KeyCorp increased their price objective on Materion from $237.00 to $306.00 and gave the company an "overweight" rating in a report on Friday. Weiss Ratings upgraded Materion from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, July 23rd. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $306.00.

Materion Trading Up 4.0%

Shares of NYSE:MTRN opened at $289.40 on Friday. Materion has a 52 week low of $104.63 and a 52 week high of $304.58. The company's 50 day moving average is $250.58 and its two-hundred day moving average is $194.64. The company has a market cap of $6.02 billion, a PE ratio of 67.46 and a beta of 1.07. The company has a current ratio of 2.94, a quick ratio of 1.32 and a debt-to-equity ratio of 0.44.

Materion (NYSE:MTRN - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $1.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.52 by $0.38. The business had revenue of $308.19 million during the quarter, compared to analysts' expectations of $549.82 million. Materion had a net margin of 4.29% and a return on equity of 13.38%. The company's revenue for the quarter was up 42.2% on a year-over-year basis. During the same period in the previous year, the company earned $1.37 EPS. Materion has set its FY 2026 guidance at 6.800-7.200 EPS. Equities analysts predict that Materion will post 7.06 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Materion

Several hedge funds have recently made changes to their positions in MTRN. UBS Group AG increased its holdings in shares of Materion by 18.8% in the 4th quarter. UBS Group AG now owns 60,378 shares of the basic materials company's stock valued at $7,506,000 after acquiring an additional 9,576 shares during the period. King Luther Capital Management Corp boosted its stake in Materion by 95.1% during the 4th quarter. King Luther Capital Management Corp now owns 74,075 shares of the basic materials company's stock worth $9,209,000 after purchasing an additional 36,112 shares during the period. First Eagle Investment Management LLC boosted its stake in Materion by 136.7% during the 4th quarter. First Eagle Investment Management LLC now owns 58,000 shares of the basic materials company's stock worth $7,211,000 after purchasing an additional 33,500 shares during the period. Principal Financial Group Inc. grew its position in Materion by 21.5% during the 1st quarter. Principal Financial Group Inc. now owns 120,164 shares of the basic materials company's stock worth $17,382,000 after purchasing an additional 21,295 shares during the last quarter. Finally, Royce & Associates LP grew its position in Materion by 11.2% during the 4th quarter. Royce & Associates LP now owns 108,440 shares of the basic materials company's stock worth $13,481,000 after purchasing an additional 10,940 shares during the last quarter. Hedge funds and other institutional investors own 93.56% of the company's stock.

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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