American Century Companies Inc. Acquires 126,794 Shares of Materion Corporation $MTRN

American Century Companies Inc. lifted its holdings in shares of Materion Corporation (NYSE:MTRN) by 53.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 365,212 shares of the basic materials company’s stock after acquiring an additional 126,794 shares during the quarter. American Century Companies Inc. owned approximately 1.76% of Materion worth $44,121,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in MTRN. EverSource Wealth Advisors LLC increased its position in shares of Materion by 182.9% during the second quarter. EverSource Wealth Advisors LLC now owns 348 shares of the basic materials company’s stock valued at $28,000 after buying an additional 225 shares during the period. Jones Financial Companies Lllp purchased a new position in shares of Materion during the 1st quarter worth approximately $34,000. First Horizon Advisors Inc. grew its holdings in shares of Materion by 25.3% during the 2nd quarter. First Horizon Advisors Inc. now owns 585 shares of the basic materials company’s stock worth $46,000 after acquiring an additional 118 shares during the period. Elevation Point Wealth Partners LLC bought a new position in shares of Materion in the 2nd quarter worth approximately $50,000. Finally, TD Waterhouse Canada Inc. purchased a new position in shares of Materion in the 2nd quarter valued at approximately $53,000. Institutional investors own 93.56% of the company’s stock.

Materion Trading Down 4.1%

Shares of MTRN stock opened at $144.20 on Friday. The company has a current ratio of 3.11, a quick ratio of 1.29 and a debt-to-equity ratio of 0.48. Materion Corporation has a 12-month low of $69.10 and a 12-month high of $172.03. The stock has a market capitalization of $2.99 billion, a P/E ratio of 40.17 and a beta of 0.84. The firm’s 50 day moving average is $145.59 and its 200 day moving average is $129.01.

Materion (NYSE:MTRN) last released its quarterly earnings results on Thursday, February 12th. The basic materials company reported $1.53 earnings per share for the quarter, beating the consensus estimate of $1.51 by $0.02. Materion had a return on equity of 12.36% and a net margin of 4.19%.The firm had revenue of $489.75 million for the quarter, compared to analysts’ expectations of $448.78 million. During the same period in the prior year, the firm earned $1.55 EPS. The company’s revenue 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 expect that Materion Corporation will post 5.5 earnings per share for the current year.

Materion Announces Dividend

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

Insider Activity

In other news, CAO Melissa A. Fashinpaur sold 309 shares of the stock in a transaction that occurred 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 transaction, the chief accounting officer owned 310 shares in the company, valued at $49,600. This represents a 49.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Jugal K. Vijayvargiya sold 12,245 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $156.86, for a total transaction of $1,920,750.70. Following the sale, the chief executive officer directly owned 118,008 shares of the company’s stock, valued at approximately $18,510,734.88. This represents a 9.40% 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 have sold 49,549 shares of company stock worth $7,548,444. Company insiders own 2.60% of the company’s stock.

Analyst Ratings Changes

MTRN has been the topic of several recent research reports. Wall Street Zen raised Materion from a “hold” rating to a “buy” rating in a research note on Saturday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Materion in a research report on Thursday, January 22nd. Finally, KeyCorp lifted their price target 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. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target 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.