Materion (NYSE:MTRN) Raised to “Overweight” at KeyCorp

Materion (NYSE:MTRN) was upgraded by analysts at KeyCorp from a “sector weight” rating to an “overweight” rating in a research report issued on Friday, MarketBeat.com reports. The brokerage presently has a $112.00 target price on the basic materials company’s stock. KeyCorp’s price target points to a potential upside of 18.85% from the stock’s current price. KeyCorp also issued estimates for Materion’s Q3 2025 earnings at $1.23 EPS, Q4 2025 earnings at $1.52 EPS and FY2025 earnings at $5.04 EPS.

Separately, Wall Street Zen raised Materion from a “hold” rating to a “buy” rating in a research note on Saturday, July 5th.

Materion Stock Performance

Shares of NYSE MTRN opened at $94.24 on Friday. The company has a quick ratio of 1.20, a current ratio of 2.84 and a debt-to-equity ratio of 0.46. The business’s 50 day moving average is $80.70 and its two-hundred day moving average is $86.27. The company has a market cap of $1.96 billion, a P/E ratio of 188.48 and a beta of 0.80. Materion has a 12 month low of $69.10 and a 12 month high of $123.21.

Materion (NYSE:MTRN) last announced its quarterly earnings data on Thursday, May 1st. The basic materials company reported $1.13 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.01. Materion had a return on equity of 12.83% and a net margin of 0.59%. The company had revenue of $420.33 million for the quarter, compared to analyst estimates of $396.83 million. During the same quarter last year, the firm earned $0.96 EPS. Materion’s revenue for the quarter was up 9.1% compared to the same quarter last year. On average, equities analysts expect that Materion will post 5.5 EPS for the current year.

Insider Buying and Selling at Materion

In other news, VP Gregory R. Chemnitz sold 2,000 shares of the company’s stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $80.45, for a total transaction of $160,900.00. Following the completion of the transaction, the vice president directly owned 13,376 shares of the company’s stock, valued at $1,076,099.20. This represents a 13.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.60% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in Materion by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 2,523,141 shares of the basic materials company’s stock valued at $249,488,000 after buying an additional 25,888 shares during the period. Capital Research Global Investors increased its stake in Materion by 16.3% during the 4th quarter. Capital Research Global Investors now owns 1,838,484 shares of the basic materials company’s stock worth $181,789,000 after acquiring an additional 257,637 shares during the period. Trigran Investments Inc. increased its stake in Materion by 7.7% during the 1st quarter. Trigran Investments Inc. now owns 794,765 shares of the basic materials company’s stock worth $64,853,000 after acquiring an additional 56,935 shares during the period. Vaughan Nelson Investment Management L.P. increased its stake in Materion by 7.5% during the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 673,007 shares of the basic materials company’s stock worth $54,917,000 after acquiring an additional 47,240 shares during the period. Finally, Barrow Hanley Mewhinney & Strauss LLC increased its stake in Materion by 6.8% during the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 473,606 shares of the basic materials company’s stock worth $46,830,000 after acquiring an additional 30,262 shares during the period. 93.56% of the stock is owned by institutional investors and hedge funds.

About Materion

Materion Corporation, together with its subsidiaries, produces advanced engineered materials used in semiconductor, industrial, aerospace and defense, automotive, energy, consumer electronics, and telecom and data center in the United States, Asia, Europe, and internationally. The company operates in four segments: Performance Materials, Electronic Materials, Precision Optics, and Other.