Materion (NYSE:MTRN – Get Free Report) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 6.800-7.200 for the period, compared to the consensus earnings per share estimate of 6.440. The company issued revenue guidance of -.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on MTRN shares. Weiss Ratings raised Materion from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, July 23rd. KeyCorp lifted their target price on shares of Materion from $223.00 to $237.00 and gave the company an “overweight” rating in a report on Tuesday, June 2nd. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $237.00.
Check Out Our Latest Analysis on MTRN
Materion Stock Performance
Materion (NYSE:MTRN – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $1.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.52 by $0.38. The company had revenue of $613.91 million during the quarter, compared to the consensus estimate of $549.82 million. Materion had a net margin of 3.99% and a return on equity of 12.45%. The company’s revenue for the quarter was up 42.2% on a year-over-year basis. During the same period last year, the firm earned $1.37 EPS. Materion has set its FY 2026 guidance at 6.800-7.200 EPS. Equities research analysts predict that Materion will post 6.45 earnings per share for the current fiscal year.
Materion Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Thursday, August 20th will be issued a dividend of $0.145 per share. This represents a $0.58 annualized dividend and a yield of 0.3%. The ex-dividend date is Thursday, August 20th. Materion’s dividend payout ratio (DPR) is 15.85%.
Institutional Investors Weigh In On Materion
Hedge funds have recently modified their holdings of the company. EverSource Wealth Advisors LLC raised its position in shares of Materion by 182.9% in the second 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. Jones Financial Companies Lllp acquired a new position in Materion in the first quarter valued at $34,000. Measured Wealth Private Client Group LLC acquired a new stake in Materion in the 3rd quarter worth about $35,000. Kestra Advisory Services LLC purchased a new stake in Materion in the 4th quarter valued at about $40,000. Finally, Advisory Services Network LLC acquired a new position in shares of Materion during the 3rd quarter valued at about $46,000. 93.56% of the stock is owned by institutional investors and hedge funds.
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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