Seaport Res Ptn Weighs in on Materion FY2027 Earnings

Materion Corporation (NYSE:MTRN) – Equities researchers at Seaport Res Ptn issued their FY2027 earnings per share (EPS) estimates for Materion in a research note issued to investors on Wednesday, October 29th. Seaport Res Ptn analyst M. Harrison forecasts that the basic materials company will earn $7.56 per share for the year. The consensus estimate for Materion’s current full-year earnings is $5.50 per share.

Materion (NYSE:MTRN) last posted its earnings results on Wednesday, March 22nd. The basic materials company reported $1.03 EPS for the quarter. The firm had revenue of $230.20 million for the quarter. Materion had a return on equity of 12.66% and a net margin of 1.12%.

Other equities analysts have also issued research reports about the company. Zacks Research lowered Materion from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Weiss Ratings restated a “hold (c-)” rating on shares of Materion in a research note on Wednesday, October 8th. KeyCorp upped their price objective on shares of Materion from $115.00 to $117.00 and gave the company an “overweight” rating in a research note on Wednesday, August 13th. Finally, Wall Street Zen downgraded shares of Materion from a “buy” rating to a “hold” rating in a research note on Saturday. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Materion currently has an average rating of “Hold” and an average target price of $117.00.

Materion Stock Performance

NYSE:MTRN opened at $114.38 on Friday. The firm has a market capitalization of $2.37 billion, a PE ratio of 120.40 and a beta of 0.91. The business’s fifty day moving average price is $119.85 and its 200 day moving average price is $98.54. The company has a debt-to-equity ratio of 0.49, a current ratio of 3.28 and a quick ratio of 1.25. Materion has a 12 month low of $69.10 and a 12 month high of $135.33.

Institutional Investors Weigh In On Materion

A number of hedge funds have recently added to or reduced their stakes in MTRN. EverSource Wealth Advisors LLC lifted its position in 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 purchasing an additional 225 shares during the period. Jones Financial Companies Lllp acquired a new stake in Materion in the first quarter valued at about $34,000. First Horizon Advisors Inc. lifted its position in Materion by 25.3% in the second quarter. First Horizon Advisors Inc. now owns 585 shares of the basic materials company’s stock valued at $46,000 after purchasing an additional 118 shares during the period. Elevation Point Wealth Partners LLC acquired a new stake in Materion in the second quarter valued at about $50,000. Finally, TD Waterhouse Canada Inc. purchased a new position in Materion in the second quarter valued at about $53,000. Institutional investors and hedge funds own 93.56% of the company’s stock.

Insider Transactions at Materion

In other news, VP Gregory R. Chemnitz sold 3,000 shares of the stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $105.17, for a total transaction of $315,510.00. Following the completion of the sale, the vice president owned 10,376 shares in the company, valued at approximately $1,091,243.92. This represents a 22.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director N Mohan Reddy sold 1,155 shares of the firm’s stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $105.45, for a total transaction of $121,794.75. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 5,295 shares of company stock worth $557,392. Company insiders own 2.60% of the company’s stock.

Materion Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 5th. Stockholders of record on Thursday, November 13th will be paid a dividend of $0.14 per share. The ex-dividend date is Thursday, November 13th. This represents a $0.56 annualized dividend and a dividend yield of 0.5%. Materion’s dividend payout ratio is 70.00%.

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.