Materion Co. (NYSE:MTRN - Free Report) - Research analysts at Seaport Res Ptn cut their Q1 2025 earnings per share (EPS) estimates for shares of Materion in a research report issued on Monday, April 21st. Seaport Res Ptn analyst M. Harrison now forecasts that the basic materials company will post earnings of $1.18 per share for the quarter, down from their previous forecast of $1.20. The consensus estimate for Materion's current full-year earnings is $5.50 per share. Seaport Res Ptn also issued estimates for Materion's Q2 2025 earnings at $1.25 EPS, Q3 2025 earnings at $1.31 EPS, FY2025 earnings at $5.35 EPS and FY2026 earnings at $6.57 EPS.
Materion (NYSE:MTRN - Get Free Report) last announced its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.55 earnings per share for the quarter, beating analysts' consensus estimates of $1.43 by $0.12. Materion had a net margin of 0.35% and a return on equity of 12.42%. The firm had revenue of $436.90 million for the quarter, compared to analyst estimates of $433.22 million. During the same quarter in the previous year, the firm posted $1.41 earnings per share. The business's revenue was up 3.8% on a year-over-year basis.
Materion Stock Down 2.1 %
MTRN stock traded down $1.75 during trading hours on Wednesday, reaching $81.44. 20,515 shares of the stock were exchanged, compared to its average volume of 100,330. The firm's 50-day moving average is $84.20 and its 200-day moving average is $98.11. Materion has a 12 month low of $69.10 and a 12 month high of $123.21. The company has a market cap of $1.69 billion, a price-to-earnings ratio of 280.60 and a beta of 1.15. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.19 and a quick ratio of 1.26.
Institutional Trading of Materion
Institutional investors and hedge funds have recently bought and sold shares of the stock. Barclays PLC increased its position in shares of Materion by 356.9% during the 3rd quarter. Barclays PLC now owns 34,877 shares of the basic materials company's stock worth $3,902,000 after purchasing an additional 27,244 shares during the last quarter. Synovus Financial Corp increased its holdings in Materion by 9.6% during the third quarter. Synovus Financial Corp now owns 7,507 shares of the basic materials company's stock worth $840,000 after buying an additional 656 shares during the last quarter. JPMorgan Chase & Co. raised its position in Materion by 38.0% during the third quarter. JPMorgan Chase & Co. now owns 61,385 shares of the basic materials company's stock worth $6,867,000 after acquiring an additional 16,904 shares in the last quarter. Confluence Investment Management LLC lifted its stake in Materion by 5.3% in the fourth quarter. Confluence Investment Management LLC now owns 4,031 shares of the basic materials company's stock valued at $399,000 after acquiring an additional 204 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in shares of Materion by 307.8% in the 4th quarter. GAMMA Investing LLC now owns 261 shares of the basic materials company's stock valued at $26,000 after acquiring an additional 197 shares during the period. Institutional investors own 93.56% of the company's stock.
Insider Buying and Selling at Materion
In other news, CFO Shelly Marie Chadwick sold 805 shares of the stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $101.24, for a total transaction of $81,498.20. Following the completion of the transaction, the chief financial officer now directly owns 14,632 shares in the company, valued at $1,481,343.68. This represents a 5.21 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 2.60% of the company's stock.
Materion Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, March 7th. Investors of record on Thursday, February 20th were given a $0.135 dividend. This represents a $0.54 dividend on an annualized basis and a yield of 0.66%. The ex-dividend date of this dividend was Thursday, February 20th. Materion's dividend payout ratio is presently 186.21%.
About Materion
(
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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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