Nisa Investment Advisors LLC Has $1.40 Million Stock Position in Materion Corporation $MTRN

Nisa Investment Advisors LLC lowered its holdings in shares of Materion Corporation (NYSE:MTRN) by 51.9% during the fourth quarter, Holdings Channel reports. The firm owned 11,239 shares of the basic materials company’s stock after selling 12,118 shares during the period. Nisa Investment Advisors LLC’s holdings in Materion were worth $1,397,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of MTRN. Montag A & Associates Inc. boosted its holdings in Materion by 1,607.7% in the third quarter. Montag A & Associates Inc. now owns 222 shares of the basic materials company’s stock worth $27,000 after purchasing an additional 209 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in 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 in the last quarter. Jones Financial Companies Lllp bought a new position in Materion during the first quarter valued at about $34,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Materion in the third quarter worth about $35,000. Finally, Advisory Services Network LLC acquired a new stake in shares of Materion in the third quarter worth about $46,000. Institutional investors and hedge funds own 93.56% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on MTRN shares. Wall Street Zen lowered Materion from a “buy” rating to a “hold” rating in a report on Sunday, March 15th. Robert W. Baird assumed coverage on Materion in a research note on Wednesday. They issued an “outperform” rating on the stock. KeyCorp assumed coverage on Materion in a report on Wednesday, March 25th. They issued an “overweight” rating and a $170.00 target price for the company. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Materion in a research report on Thursday, January 22nd. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Materion has a consensus rating of “Moderate Buy” and a consensus target price of $170.00.

Insider Transactions at Materion

In other Materion news, CEO Jugal K. Vijayvargiya sold 12,245 shares of Materion stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $156.86, for a total value of $1,920,750.70. Following the transaction, the chief executive officer directly owned 118,008 shares of the company’s stock, valued at $18,510,734.88. The trade was a 9.40% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Shelly Marie Chadwick sold 2,539 shares of the company’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $160.06, for a total value of $406,392.34. Following the transaction, the chief financial officer owned 15,243 shares of the company’s stock, valued at approximately $2,439,794.58. This trade represents a 14.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 49,549 shares of company stock worth $7,548,444. Insiders own 2.60% of the company’s stock.

Materion Stock Down 0.0%

Materion stock opened at $149.10 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. Materion Corporation has a fifty-two week low of $69.10 and a fifty-two week high of $172.03. The firm has a fifty day moving average price of $147.54 and a two-hundred day moving average price of $133.45. The firm has a market cap of $3.10 billion, a price-to-earnings ratio of 41.53 and a beta of 0.91.

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

Materion Dividend Announcement

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

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.