KeyCorp reaffirmed their sector weight rating on shares of Materion (NYSE:MTRN - Free Report) in a research note issued to investors on Wednesday morning, Marketbeat Ratings reports. KeyCorp also issued estimates for Materion's Q2 2025 earnings at $1.16 EPS, Q3 2025 earnings at $1.14 EPS, Q4 2025 earnings at $1.37 EPS, FY2025 earnings at $4.80 EPS and FY2026 earnings at $5.30 EPS.
Materion Trading Down 0.5 %
MTRN stock traded down $0.39 during trading on Wednesday, hitting $75.27. The company had a trading volume of 161,747 shares, compared to its average volume of 103,081. The stock has a market cap of $1.57 billion, a PE ratio of 259.55 and a beta of 0.85. The business has a 50-day moving average of $81.47 and a 200-day moving average of $96.43. The company has a current ratio of 3.19, a quick ratio of 1.26 and a debt-to-equity ratio of 0.48. Materion has a one year low of $69.10 and a one year high of $123.21.
Materion (NYSE:MTRN - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The basic materials company reported $1.13 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.01. The company had revenue of $420.33 million during the quarter, compared to analysts' expectations of $396.83 million. Materion had a net margin of 0.35% and a return on equity of 12.42%. Materion's revenue for the quarter was up 9.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.96 earnings per share. Research analysts predict that Materion will post 5.5 earnings per share for the current fiscal year.
Materion Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Thursday, May 29th will be paid a $0.14 dividend. The ex-dividend date is Thursday, May 29th. This is a positive change from Materion's previous quarterly dividend of $0.14. This represents a $0.56 annualized dividend and a yield of 0.74%. Materion's payout ratio is 108.00%.
Insider Transactions at Materion
In related news, VP Gregory R. Chemnitz sold 2,000 shares of the stock in a transaction on Monday, May 5th. The shares were sold at an average price of $80.45, for a total transaction of $160,900.00. Following the transaction, the vice president now directly owns 13,376 shares of the company's stock, valued at $1,076,099.20. This represents a 13.01 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 2.60% of the company's stock.
Hedge Funds Weigh In On Materion
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in Materion by 1.0% in 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 during the period. Capital Research Global Investors lifted its holdings in shares of Materion by 16.3% in 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 purchasing an additional 257,637 shares in the last quarter. Trigran Investments Inc. grew its position in Materion by 3.2% in the 4th quarter. Trigran Investments Inc. now owns 737,830 shares of the basic materials company's stock valued at $72,957,000 after purchasing an additional 23,208 shares during the period. Vaughan Nelson Investment Management L.P. increased its stake 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 valued at $54,917,000 after purchasing an additional 47,240 shares in the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC raised its holdings in Materion by 6.8% during the fourth 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 during the last quarter. Institutional investors own 93.56% of the company's stock.
Materion Company Profile
(
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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.
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