Dimensional Fund Advisors LP Trims Stock Holdings in Materion Corporation $MTRN

Dimensional Fund Advisors LP lowered its stake in Materion Corporation (NYSE:MTRN) by 0.7% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,002,952 shares of the basic materials company’s stock after selling 7,538 shares during the quarter. Dimensional Fund Advisors LP owned about 4.84% of Materion worth $121,162,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. State Street Corp increased its holdings in Materion by 28.0% in the 2nd quarter. State Street Corp now owns 1,298,956 shares of the basic materials company’s stock worth $103,098,000 after acquiring an additional 283,998 shares in the last quarter. American Century Companies Inc. lifted its holdings in Materion by 222.3% during the second quarter. American Century Companies Inc. now owns 238,418 shares of the basic materials company’s stock valued at $18,923,000 after purchasing an additional 164,433 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Materion by 155.8% during the third quarter. JPMorgan Chase & Co. now owns 190,626 shares of the basic materials company’s stock valued at $23,030,000 after purchasing an additional 116,091 shares in the last quarter. Royce & Associates LP bought a new position in shares of Materion in the third quarter worth approximately $11,779,000. Finally, Segall Bryant & Hamill LLC boosted its position in shares of Materion by 28.9% in the third quarter. Segall Bryant & Hamill LLC now owns 349,500 shares of the basic materials company’s stock worth $42,223,000 after purchasing an additional 78,349 shares during the period. 93.56% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. KeyCorp raised their price objective on shares of Materion from $159.00 to $170.00 and gave the company an “overweight” rating in a research report on Friday, February 13th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Materion in a report on Thursday, January 22nd. Finally, Wall Street Zen upgraded Materion from a “hold” rating to a “buy” rating in a research note on Saturday, March 7th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $170.00.

Materion Trading Down 3.1%

MTRN stock opened at $143.04 on Thursday. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.11 and a quick ratio of 1.29. Materion Corporation has a 1-year low of $69.10 and a 1-year high of $172.03. The business has a 50 day simple moving average of $146.76 and a two-hundred day simple moving average of $129.85. The company has a market capitalization of $2.97 billion, a price-to-earnings ratio of 39.84 and a beta of 0.84.

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

Materion Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 6th. Shareholders of record on Thursday, February 19th were issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Thursday, February 19th. Materion’s payout ratio is currently 15.60%.

Insiders Place Their Bets

In other Materion news, CAO Melissa A. Fashinpaur sold 309 shares of the business’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $160.00, for a total value of $49,440.00. Following the sale, the chief accounting officer owned 310 shares in the company, valued at $49,600. The trade was a 49.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Vinod M. Khilnani sold 4,000 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $148.86, for a total transaction of $595,440.00. Following the transaction, the director directly owned 13,665 shares of the company’s stock, valued at $2,034,171.90. This trade represents a 22.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 49,549 shares of company stock worth $7,548,444. 2.60% of the stock is owned by corporate insiders.

Materion 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.