KeyCorp Comments on Materion’s FY2025 Earnings (NYSE:MTRN)

Materion Corporation (NYSE:MTRN) – Analysts at KeyCorp issued their FY2025 EPS estimates for shares of Materion in a research note issued on Wednesday, October 29th. KeyCorp analyst P. Gibbs expects that the basic materials company will earn $5.53 per share for the year. KeyCorp currently has a “Overweight” rating and a $117.00 target price on the stock. The consensus estimate for Materion’s current full-year earnings is $5.50 per share.

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

A number of other equities research analysts have also recently issued reports on the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of Materion in a research report on Wednesday, October 8th. Wall Street Zen cut shares of Materion from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Zacks Research cut shares of Materion from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Materion currently has an average rating of “Hold” and a consensus price target of $117.00.

Materion Trading Down 1.0%

Shares of Materion stock opened at $114.38 on Monday. The stock has a market capitalization of $2.37 billion, a P/E ratio of 120.40 and a beta of 0.91. The company has a quick ratio of 1.25, a current ratio of 3.28 and a debt-to-equity ratio of 0.49. The company has a 50-day simple moving average of $119.85 and a 200 day simple moving average of $98.68. Materion has a 12-month low of $69.10 and a 12-month high of $135.33.

Materion Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 5th. Shareholders of record on Thursday, November 13th will be issued a dividend of $0.14 per share. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $0.56 dividend on an annualized basis and a yield of 0.5%. Materion’s dividend payout ratio is currently 58.95%.

Insider Buying and Selling

In other Materion news, Director N Mohan Reddy sold 1,155 shares of the 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 sale was disclosed in a document filed with the SEC, which is accessible through this link. 2.60% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Materion

Hedge funds have recently added to or reduced their stakes in the stock. Principal Financial Group Inc. boosted its stake in shares of Materion by 2.3% in the 1st quarter. Principal Financial Group Inc. now owns 103,572 shares of the basic materials company’s stock valued at $8,451,000 after purchasing an additional 2,369 shares during the last quarter. Dover Advisors LLC bought a new position in shares of Materion in the 2nd quarter valued at about $209,000. Intech Investment Management LLC boosted its stake in shares of Materion by 67.6% in the 1st quarter. Intech Investment Management LLC now owns 122,009 shares of the basic materials company’s stock valued at $9,956,000 after purchasing an additional 49,217 shares during the last quarter. Teacher Retirement System of Texas bought a new position in shares of Materion in the 1st quarter valued at about $248,000. Finally, Victory Capital Management Inc. boosted its stake in shares of Materion by 3.2% in the 1st quarter. Victory Capital Management Inc. now owns 8,124 shares of the basic materials company’s stock valued at $663,000 after purchasing an additional 250 shares during the last quarter. Institutional investors own 93.56% of the company’s stock.

Materion Company Profile

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.