Rice Hall James & Associates LLC Acquires Shares of 17,098 Materion Corporation $MTRN

Rice Hall James & Associates LLC bought a new position in Materion Corporation (NYSE:MTRN) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm bought 17,098 shares of the basic materials company’s stock, valued at approximately $5,085,000. Rice Hall James & Associates LLC owned approximately 0.08% of Materion at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Contravisory Investment Management Inc. increased its holdings in shares of Materion by 2.2% in the second quarter. Contravisory Investment Management Inc. now owns 1,867 shares of the basic materials company’s stock valued at $555,000 after purchasing an additional 40 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its stake in Materion by 1.3% during the first quarter. Oregon Public Employees Retirement Fund now owns 4,760 shares of the basic materials company’s stock worth $689,000 after buying an additional 63 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in Materion by 22.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 395 shares of the basic materials company’s stock valued at $57,000 after buying an additional 72 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in Materion by 4.2% in 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 buying an additional 91 shares in the last quarter. Finally, Wealthspire Advisors LLC increased its stake in shares of Materion by 2.9% in 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. 93.56% of the stock is currently owned by institutional investors and hedge funds.

Materion Stock Up 1.3%

Shares of NYSE:MTRN opened at $286.75 on Tuesday. The company has a market capitalization of $5.97 billion, a price-to-earnings ratio of 66.84 and a beta of 1.07. Materion Corporation has a 12-month low of $107.72 and a 12-month high of $304.58. The business has a 50-day moving average price of $257.44 and a 200 day moving average price of $200.97. The company has a current ratio of 2.94, a quick ratio of 1.29 and a debt-to-equity ratio of 0.44.

Materion (NYSE:MTRN) last issued its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $1.90 earnings per share for the quarter, beating analysts’ consensus estimates of $1.52 by $0.38. Materion had a return on equity of 13.38% and a net margin of 4.29%.The business had revenue of $308.19 million during the quarter, compared to analysts’ expectations of $549.82 million. During the same period in the previous year, the firm posted $1.37 earnings per share. The company’s revenue was up 42.2% on a year-over-year basis. Materion has set its FY 2026 guidance at 6.800-7.200 EPS. Sell-side analysts expect that Materion Corporation will post 7.06 EPS for the current year.

Materion Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Thursday, August 20th will be given a dividend of $0.145 per share. This represents a $0.58 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Thursday, August 20th. Materion’s dividend payout ratio is currently 13.52%.

Insider Activity

In other news, CFO Shelly Marie Chadwick sold 1,705 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $293.00, for a total value of $499,565.00. Following the completion of the transaction, the chief financial officer owned 15,246 shares of the company’s stock, valued at approximately $4,467,078. This trade represents a 10.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Jugal K. Vijayvargiya sold 24,336 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $291.62, for a total transaction of $7,096,864.32. Following the completion of the transaction, the chief executive officer directly owned 116,699 shares of the company’s stock, valued at approximately $34,031,762.38. The trade was a 17.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.80% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms have recently commented on MTRN. KeyCorp lifted their price target on Materion from $237.00 to $306.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. Zacks Research raised shares of Materion from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. Wall Street Zen upgraded shares of Materion from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Finally, Weiss Ratings lowered shares of Materion from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Materion currently has an average rating of “Buy” and a consensus price target of $306.00.

Materion Company 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.