American Century Companies Inc. Grows Holdings in Materion Corporation $MTRN

American Century Companies Inc. raised its position in shares of Materion Corporation (NYSE:MTRN) by 53.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 365,212 shares of the basic materials company’s stock after purchasing an additional 126,794 shares during the quarter. American Century Companies Inc.’s holdings in Materion were worth $44,121,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. EverSource Wealth Advisors LLC lifted its stake in shares of Materion by 182.9% during the 2nd 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 in the last quarter. Jones Financial Companies Lllp bought a new stake in Materion during the first quarter valued at about $34,000. GAMMA Investing LLC lifted its position in shares of Materion by 37.6% in the third quarter. GAMMA Investing LLC now owns 494 shares of the basic materials company’s stock valued at $60,000 after acquiring an additional 135 shares in the last quarter. First Horizon Advisors Inc. lifted its position in shares of Materion by 25.3% in the second quarter. First Horizon Advisors Inc. now owns 585 shares of the basic materials company’s stock valued at $46,000 after acquiring an additional 118 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC bought a new position in shares of Materion in the second quarter worth about $50,000. 93.56% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CAO Melissa A. Fashinpaur sold 309 shares of the stock in a transaction dated 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 directly owned 310 shares of the company’s stock, valued at $49,600. This represents a 49.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Jugal K. Vijayvargiya sold 12,245 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $156.86, for a total transaction of $1,920,750.70. Following the completion of the sale, the chief executive officer directly owned 118,008 shares of the company’s stock, valued at approximately $18,510,734.88. The trade was a 9.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 49,549 shares of company stock valued at $7,548,444. 2.60% of the stock is currently owned by company insiders.

Materion Stock Down 4.1%

Shares of NYSE:MTRN opened at $144.20 on Friday. The company has a market cap of $2.99 billion, a price-to-earnings ratio of 40.17 and a beta of 0.84. Materion Corporation has a 12 month low of $69.10 and a 12 month high of $172.03. The company has a current ratio of 3.11, a quick ratio of 1.29 and a debt-to-equity ratio of 0.48. The company has a 50-day moving average price of $145.59 and a 200 day moving average price of $129.01.

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

Materion Dividend Announcement

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

Wall Street Analyst Weigh In

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

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.