Materion Corporation $MTRN Holdings Trimmed by Trigran Investments Inc.

Trigran Investments Inc. trimmed its position in Materion Corporation (NYSE:MTRN) by 8.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 458,073 shares of the basic materials company’s stock after selling 39,656 shares during the period. Materion makes up about 11.2% of Trigran Investments Inc.’s holdings, making the stock its biggest position. Trigran Investments Inc. owned approximately 2.21% of Materion worth $56,948,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Maseco LLP purchased a new position in Materion in the 4th quarter valued at $27,000. Montag A & Associates Inc. grew its position in Materion by 1,607.7% in the 3rd quarter. Montag A & Associates Inc. now owns 222 shares of the basic materials company’s stock valued at $27,000 after buying an additional 209 shares during the last quarter. Measured Wealth Private Client Group LLC purchased a new position in Materion in the 3rd quarter valued at $35,000. Kestra Advisory Services LLC purchased a new position in Materion in the 4th quarter valued at $40,000. Finally, EverSource Wealth Advisors LLC grew its position in Materion by 182.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 348 shares of the basic materials company’s stock valued at $28,000 after buying an additional 225 shares during the last quarter. 93.56% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Materion in a research report on Wednesday, May 13th. Robert W. Baird started coverage on shares of Materion in a research report on Wednesday, April 1st. They set an “outperform” rating on the stock. KeyCorp boosted their target price on shares of Materion from $223.00 to $237.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 2nd. Finally, Wall Street Zen lowered shares of Materion from a “buy” rating to a “hold” rating in a research report on Sunday, March 15th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $237.00.

Materion Trading Up 0.1%

NYSE:MTRN opened at $247.41 on Monday. The company has a market capitalization of $5.15 billion, a PE ratio of 67.60 and a beta of 1.08. The company has a quick ratio of 1.32, a current ratio of 3.04 and a debt-to-equity ratio of 0.50. Materion Corporation has a 52-week low of $76.09 and a 52-week high of $257.14. The stock has a fifty day simple moving average of $196.14 and a 200-day simple moving average of $159.44.

Materion (NYSE:MTRN) last released its quarterly earnings results on Wednesday, April 29th. The basic materials company reported $1.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.03. The business had revenue of $261.79 million during the quarter, compared to the consensus estimate of $479.03 million. Materion had a return on equity of 12.45% and a net margin of 3.99%.The business’s revenue was up 30.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.13 EPS. Materion has set its FY 2026 guidance at 6.000-6.50 EPS. On average, equities research analysts expect that Materion Corporation will post 6.48 earnings per share for the current fiscal year.

Materion Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Thursday, May 28th were paid a dividend of $0.145 per share. This is a boost from Materion’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Thursday, May 28th. This represents a $0.58 annualized dividend and a dividend yield of 0.2%. Materion’s dividend payout ratio is presently 15.85%.

Materion Profile

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.