Materion (NYSE:MTRN) Downgraded to “Hold” Rating by Wall Street Zen

Materion (NYSE:MTRN) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Sunday.

A number of other equities analysts have also weighed in on the stock. KeyCorp upped their price target on shares of Materion from $159.00 to $170.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Weiss Ratings restated a “hold (c-)” rating on shares of Materion in a research report on Thursday, January 22nd. One equities 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, the stock has an average rating of “Hold” and a consensus price target of $170.00.

Materion Trading Down 1.5%

NYSE:MTRN opened at $136.28 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.11 and a quick ratio of 1.29. The firm has a market capitalization of $2.83 billion, a price-to-earnings ratio of 37.96 and a beta of 0.84. Materion has a one year low of $69.10 and a one year high of $172.03. The business has a fifty day moving average price of $147.19 and a 200-day moving average price of $130.21.

Materion (NYSE:MTRN) last released its 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 company had revenue of $489.75 million for the quarter, compared to the consensus estimate of $448.78 million. During the same period in the previous year, the business earned $1.55 earnings per share. Materion’s quarterly 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. Sell-side analysts forecast that Materion will post 5.5 EPS for the current year.

Insiders Place Their Bets

In other news, Director Vinod M. Khilnani sold 4,000 shares of the stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $148.86, for a total transaction of $595,440.00. Following the completion of the transaction, the director directly owned 13,665 shares in the company, valued at approximately $2,034,171.90. This represents a 22.64% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Melissa A. Fashinpaur sold 309 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $160.00, for a total transaction of $49,440.00. Following the completion of the transaction, the chief accounting officer directly owned 310 shares of the company’s stock, valued at approximately $49,600. This trade represents a 49.92% decrease in their ownership of the stock. 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.

Hedge Funds Weigh In On Materion

Several institutional investors have recently bought and sold shares of the business. MidFirst Bank bought a new position in Materion during the fourth quarter valued at $288,000. Invesco Ltd. increased its holdings in shares of Materion by 1.4% in the 4th quarter. Invesco Ltd. now owns 73,836 shares of the basic materials company’s stock worth $9,179,000 after buying an additional 1,013 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in shares of Materion by 4.2% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 2,266 shares of the basic materials company’s stock worth $282,000 after buying an additional 91 shares during the last quarter. Summit Global Investments purchased a new stake in shares of Materion during the 4th quarter valued at about $570,000. Finally, Susquehanna Portfolio Strategies LLC lifted its holdings in shares of Materion by 6.7% in the 4th quarter. Susquehanna Portfolio Strategies LLC now owns 9,623 shares of the basic materials company’s stock valued at $1,196,000 after acquiring an additional 608 shares during the last quarter. Institutional investors own 93.56% of the company’s stock.

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.