Zacks Research Upgrades Materion (NYSE:MTRN) to "Strong-Buy"

Key Points

• Zacks Research upgraded Materion to “strong buy” from “hold,” while other analysts also raised their ratings or price target. The stock has a consensus “buy” rating and a $306 target price.
• Materion reported quarterly EPS of $1.90, exceeding the $1.52 consensus estimate, while revenue rose 42.2% year over year. Management issued fiscal 2026 EPS guidance of $6.80–$7.20.
• Shares opened at $289.40, near their 12-month high of $304.58, with a market capitalization of about $6.02 billion. Institutional investors own 93.56% of the company’s stock.

Materion (NYSE:MTRN - Get Free Report) was upgraded by analysts at Zacks Research from a "hold" rating to a "strong-buy" rating in a research note issued on Thursday,Zacks.com reports.

Other research analysts also recently issued reports about the stock. KeyCorp raised their price objective on shares of Materion from $237.00 to $306.00 and gave the stock an "overweight" rating in a report on Friday. Wall Street Zen upgraded shares of Materion from a "hold" rating to a "buy" rating in a research report on Saturday. Finally, Weiss Ratings upgraded shares of Materion from a "hold (c)" rating to a "hold (c+)" rating in a research report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $306.00.

Materion Stock Performance

Shares of MTRN opened at $289.40 on Thursday. The company has a current ratio of 2.94, a quick ratio of 1.32 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $6.02 billion, a P/E ratio of 67.46 and a beta of 1.07. The firm's fifty day simple moving average is $250.58 and its two-hundred day simple moving average is $194.64. Materion has a 12 month low of $104.63 and a 12 month high of $304.58.

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

Institutional Trading of Materion

Hedge funds and other institutional investors have recently bought and sold shares of the company. Contravisory Investment Management Inc. increased its holdings in shares of Materion by 2.2% during the second quarter. Contravisory Investment Management Inc. now owns 1,867 shares of the basic materials company's stock valued at $555,000 after acquiring an additional 40 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its stake in Materion by 1.3% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 4,760 shares of the basic materials company's stock worth $689,000 after purchasing an additional 63 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in Materion by 22.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 395 shares of the basic materials company's stock worth $57,000 after purchasing an additional 72 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its position in Materion by 4.2% during 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 purchasing an additional 91 shares during the last quarter. Finally, Wealthspire Advisors LLC increased its stake in Materion by 2.9% during the 4th 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. 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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