Advisors Asset Management Inc. Has $1.32 Million Stake in Materion Corporation $MTRN

Advisors Asset Management Inc. boosted its holdings in Materion Corporation (NYSE:MTRN) by 230.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,918 shares of the basic materials company’s stock after purchasing an additional 7,615 shares during the quarter. Advisors Asset Management Inc.’s holdings in Materion were worth $1,319,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of MTRN. State Street Corp raised its holdings in Materion by 28.0% during the second quarter. State Street Corp now owns 1,298,956 shares of the basic materials company’s stock worth $103,098,000 after buying an additional 283,998 shares during the last quarter. Trigran Investments Inc. increased its position in shares of Materion by 0.5% during the second quarter. Trigran Investments Inc. now owns 798,747 shares of the basic materials company’s stock worth $63,397,000 after acquiring an additional 3,982 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Materion by 2.2% in the 2nd quarter. Geode Capital Management LLC now owns 487,186 shares of the basic materials company’s stock worth $38,673,000 after acquiring an additional 10,468 shares during the last quarter. Segall Bryant & Hamill LLC lifted its position in Materion by 12.7% in the 2nd quarter. Segall Bryant & Hamill LLC now owns 271,151 shares of the basic materials company’s stock valued at $21,521,000 after acquiring an additional 30,503 shares in the last quarter. Finally, American Century Companies Inc. lifted its position in Materion by 222.3% in the 2nd quarter. American Century Companies Inc. now owns 238,418 shares of the basic materials company’s stock valued at $18,923,000 after acquiring an additional 164,433 shares in the last quarter. Institutional investors own 93.56% of the company’s stock.

Materion Stock Performance

Shares of Materion stock opened at $159.76 on Tuesday. The business’s fifty day simple moving average is $137.69 and its 200 day simple moving average is $124.74. 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 firm has a market capitalization of $3.31 billion, a P/E ratio of 44.50 and a beta of 0.87.

Materion (NYSE:MTRN) last announced its earnings results 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. The firm had revenue of $489.75 million during the quarter, compared to analyst estimates of $448.78 million. Materion had a return on equity of 12.36% and a net margin of 4.19%.The business’s revenue was up 12.1% compared to the same quarter last year. During the same period last year, the firm posted $1.55 EPS. Materion has set its FY 2026 guidance at 6.000-6.500 EPS. As a group, analysts anticipate that Materion Corporation will post 5.5 EPS for the current year.

Materion Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 6th. Investors of record on Thursday, February 19th will be issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Thursday, February 19th. Materion’s dividend payout ratio (DPR) is 15.60%.

Analysts Set New Price Targets

MTRN has been the subject of a number of recent research reports. KeyCorp boosted their price objective on Materion from $159.00 to $170.00 and gave the stock an “overweight” rating in a report on Friday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Materion in a research report on Thursday, January 22nd. Finally, Wall Street Zen lowered Materion from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $170.00.

About Materion

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.