Hillsdale Investment Management Inc. Raises Position in Materion Corporation $MTRN

Hillsdale Investment Management Inc. lifted its stake in shares of Materion Corporation (NYSE:MTRN) by 3,571.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,570 shares of the basic materials company’s stock after buying an additional 2,500 shares during the period. Hillsdale Investment Management Inc.’s holdings in Materion were worth $372,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Oregon Public Employees Retirement Fund raised its position 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 valued at $689,000 after buying an additional 63 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings 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 worth $282,000 after acquiring an additional 91 shares during the last quarter. Wealthspire Advisors LLC boosted its holdings in Materion by 2.9% during the 4th quarter. Wealthspire Advisors LLC now owns 3,219 shares of the basic materials company’s stock worth $400,000 after acquiring an additional 92 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Materion by 22.3% in the 4th quarter. GAMMA Investing LLC now owns 604 shares of the basic materials company’s stock worth $75,000 after acquiring an additional 110 shares in the last quarter. Finally, State of Alaska Department of Revenue grew its stake in shares of Materion by 1.1% in the 4th quarter. State of Alaska Department of Revenue now owns 11,356 shares of the basic materials company’s stock worth $1,411,000 after acquiring an additional 126 shares in the last quarter. Institutional investors own 93.56% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on MTRN. Weiss Ratings reiterated a “hold (c)” rating on shares of Materion in a report on Wednesday, May 13th. Robert W. Baird assumed coverage on shares of Materion in a research report on Wednesday, April 1st. They issued an “outperform” rating for the company. Finally, KeyCorp increased their price objective on shares of Materion from $223.00 to $237.00 and gave the company an “overweight” rating in a research note on Tuesday, June 2nd. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Materion has a consensus rating of “Moderate Buy” and a consensus target price of $237.00.

Materion Stock Down 3.0%

MTRN stock opened at $243.46 on Friday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.32 and a current ratio of 3.04. The company has a market capitalization of $5.06 billion, a price-to-earnings ratio of 66.52 and a beta of 1.03. Materion Corporation has a fifty-two week low of $85.17 and a fifty-two week high of $298.87. The stock has a fifty day moving average of $240.87 and a 200-day moving average of $183.16.

Materion (NYSE:MTRN) last announced its quarterly earnings data on Wednesday, April 29th. The basic materials company reported $1.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.03. The business had revenue of $261.79 million for the quarter, compared to analysts’ expectations of $479.03 million. Materion had a return on equity of 12.45% and a net margin of 3.99%.The firm’s quarterly revenue was up 30.8% compared to the same quarter last year. During the same period in the previous year, the business posted $1.13 EPS. Materion has set its FY 2026 guidance at 6.000-6.50 EPS. As a group, equities research analysts predict that Materion Corporation will post 6.42 earnings per share for the current year.

Materion Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Thursday, May 28th were paid a $0.145 dividend. The ex-dividend date was Thursday, May 28th. This is a positive change from Materion’s previous quarterly dividend of $0.14. This represents a $0.58 annualized dividend and a dividend yield of 0.2%. Materion’s dividend payout ratio is 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.