UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 18,926 Shares of Materion Corporation $MTRN

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Materion Corporation (NYSE:MTRN) by 44.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 61,472 shares of the basic materials company’s stock after purchasing an additional 18,926 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Materion were worth $18,281,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Harbor Investment Advisory LLC purchased a new stake in Materion during the 2nd quarter valued at approximately $32,000. Allworth Financial LP purchased a new position in shares of Materion in the second quarter worth $52,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Materion in the third quarter worth $35,000. Public Employees Retirement System of Ohio bought a new position in shares of Materion during the second quarter worth $87,000. Finally, Kestra Advisory Services LLC bought a new position in shares of Materion during the fourth quarter worth $40,000. 93.56% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on MTRN. Jefferies Financial Group began coverage on shares of Materion in a report on Wednesday. They issued a “buy” rating and a $314.00 price target on the stock. KeyCorp raised their price objective on Materion from $237.00 to $306.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Weiss Ratings raised Materion from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, August 24th. Wall Street Zen upgraded Materion from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Finally, Zacks Research raised Materion from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $310.00.

Insider Buying and Selling

In other news, Director Emily M. Liggett sold 1,012 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $232.42, for a total value of $235,209.04. Following the completion of the sale, the director directly owned 3,161 shares of the company’s stock, valued at $734,679.62. This trade represents a 24.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Jugal K. Vijayvargiya sold 24,336 shares of Materion stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $291.62, for a total value of $7,096,864.32. Following the completion of the transaction, the chief executive officer owned 116,699 shares of the company’s stock, valued at approximately $34,031,762.38. This trade represents a 17.26% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 29,053 shares of company stock worth $8,301,958. Insiders own 2.80% of the company’s stock.

Materion Trading Up 1.2%

Shares of MTRN opened at $243.33 on Friday. The stock has a market capitalization of $5.07 billion, a PE ratio of 56.72 and a beta of 1.08. The company’s fifty day moving average is $251.31 and its 200 day moving average is $209.51. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.29 and a current ratio of 2.94. Materion Corporation has a fifty-two week low of $108.28 and a fifty-two week high of $304.58.

Materion (NYSE:MTRN) last released its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $1.90 EPS for the quarter, beating 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 business had revenue of $308.19 million during the quarter, compared to analyst estimates of $549.82 million. During the same quarter last year, the business earned $1.37 earnings per share. Materion’s quarterly revenue was up 42.2% compared to the same quarter last year. Materion has set its FY 2026 guidance at 6.800-7.200 EPS. Sell-side analysts expect that Materion Corporation will post 7.06 earnings per share for the current fiscal year.

Materion Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Thursday, August 20th were given a $0.145 dividend. The ex-dividend date was Thursday, August 20th. This represents a $0.58 annualized dividend and a yield of 0.2%. Materion’s dividend payout ratio (DPR) is currently 13.52%.

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.