Materion Corporation $MTRN Shares Bought by Fisher Asset Management LLC

Fisher Asset Management LLC grew its position in Materion Corporation (NYSE:MTRN) by 16.9% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 148,697 shares of the basic materials company’s stock after acquiring an additional 21,529 shares during the period. Fisher Asset Management LLC owned about 0.72% of Materion worth $17,964,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Royce & Associates LP purchased a new position in shares of Materion in the 3rd quarter valued at about $11,779,000. American Century Companies Inc. grew its holdings in Materion by 53.2% in the third quarter. American Century Companies Inc. now owns 365,212 shares of the basic materials company’s stock valued at $44,121,000 after purchasing an additional 126,794 shares during the period. K.J. Harrison & Partners Inc purchased a new stake in shares of Materion in the third quarter valued at approximately $741,000. US Bancorp DE raised its stake in shares of Materion by 475.4% during the 3rd quarter. US Bancorp DE now owns 7,987 shares of the basic materials company’s stock worth $965,000 after buying an additional 6,599 shares during the period. Finally, Zhang Financial LLC purchased a new position in shares of Materion during the 3rd quarter valued at approximately $242,000. 93.56% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Materion news, VP Gregory R. Chemnitz sold 4,517 shares of the company’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $157.32, for a total value of $710,614.44. Following the completion of the sale, the vice president directly owned 5,930 shares in the company, valued at $932,907.60. This represents a 43.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Shelly Marie Chadwick sold 2,539 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $160.06, for a total value of $406,392.34. Following the completion of the sale, the chief financial officer directly owned 15,243 shares of the company’s stock, valued at $2,439,794.58. This trade represents a 14.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 49,549 shares of company stock valued at $7,548,444. Insiders own 2.60% of the company’s stock.

Materion Trading Down 0.5%

Shares of MTRN stock opened at $160.44 on Thursday. The stock’s fifty day moving average is $144.83 and its two-hundred day moving average is $128.65. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.29 and a current ratio of 3.11. The firm has a market capitalization of $3.33 billion, a P/E ratio of 44.69 and a beta of 0.84. Materion Corporation has a fifty-two week low of $69.10 and a fifty-two week high of $172.03.

Materion (NYSE:MTRN) last released its earnings results on Thursday, February 12th. The basic materials company reported $1.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.51 by $0.02. The business had revenue of $489.75 million during the quarter, compared to analyst estimates of $448.78 million. Materion had a net margin of 4.19% and a return on equity of 12.36%. The company’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.55 earnings per share. Materion has set its FY 2026 guidance at 6.000-6.500 EPS. Research analysts expect that Materion Corporation will post 5.5 earnings per share for the current fiscal year.

Materion Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 6th. Stockholders of record on Thursday, February 19th will be issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Thursday, February 19th. Materion’s payout ratio is currently 15.60%.

Analyst Ratings Changes

Several equities research analysts recently commented on MTRN shares. KeyCorp boosted their price target on shares of Materion from $159.00 to $170.00 and gave the stock an “overweight” rating in a report on Friday, February 13th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Materion in a research report on Thursday, January 22nd. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $170.00.

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.