Fiera Capital Corp Buys 9,250 Shares of Materion Corporation $MTRN

Fiera Capital Corp lifted its position in Materion Corporation (NYSE:MTRN) by 25.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 45,718 shares of the basic materials company’s stock after purchasing an additional 9,250 shares during the period. Fiera Capital Corp owned about 0.22% of Materion worth $5,684,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in MTRN. State of Wyoming grew its position in shares of Materion by 3,722.7% during the fourth quarter. State of Wyoming now owns 5,046 shares of the basic materials company’s stock worth $627,000 after purchasing an additional 4,914 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in Materion by 82.2% during the 4th quarter. BNP Paribas Financial Markets now owns 63,113 shares of the basic materials company’s stock valued at $7,846,000 after buying an additional 28,473 shares in the last quarter. Intech Investment Management LLC raised its position in shares of Materion by 4.3% during the fourth quarter. Intech Investment Management LLC now owns 81,399 shares of the basic materials company’s stock valued at $10,120,000 after buying an additional 3,371 shares during the last quarter. King Luther Capital Management Corp boosted its position in shares of Materion by 95.1% during the fourth quarter. King Luther Capital Management Corp now owns 74,075 shares of the basic materials company’s stock worth $9,209,000 after acquiring an additional 36,112 shares during the last quarter. Finally, Royce & Associates LP boosted its holdings in shares of Materion by 11.2% during the 4th quarter. Royce & Associates LP now owns 108,440 shares of the basic materials company’s stock valued at $13,481,000 after purchasing an additional 10,940 shares during the last quarter. 93.56% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

MTRN has been the subject of a number of recent research reports. KeyCorp raised their target price on shares of Materion from $223.00 to $237.00 and gave the company an “overweight” rating in a report on Tuesday, June 2nd. Wall Street Zen cut Materion from a “buy” rating to a “hold” rating in a research note on Sunday, March 15th. Robert W. Baird initiated coverage on Materion in a report on Wednesday, April 1st. They set an “outperform” rating on the stock. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Materion in a research note on Wednesday, May 13th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Materion currently has a consensus rating of “Moderate Buy” and an average price target of $237.00.

Materion Price Performance

Shares of MTRN opened at $231.85 on Wednesday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.32 and a current ratio of 3.04. The company has a 50 day moving average price of $190.36 and a 200-day moving average price of $156.83. Materion Corporation has a fifty-two week low of $76.09 and a fifty-two week high of $234.05. The stock has a market capitalization of $4.82 billion, a PE ratio of 63.35 and a beta of 1.08.

Materion (NYSE:MTRN) last issued its quarterly earnings data on Wednesday, April 29th. The basic materials company reported $1.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.03. The company had revenue of $261.79 million for the quarter, compared to analyst estimates of $479.03 million. Materion had a net margin of 3.99% and a return on equity of 12.45%. Materion’s revenue was up 30.8% compared to the same quarter last year. During the same period last year, the company posted $1.13 earnings per share. Materion has set its FY 2026 guidance at 6.000-6.50 EPS. Equities analysts predict that Materion Corporation will post 6.48 earnings per share for the current fiscal year.

Materion Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Thursday, May 28th will be paid a dividend of $0.145 per share. This is an increase from Materion’s previous quarterly dividend of $0.14. The ex-dividend date is Thursday, May 28th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 0.3%. Materion’s dividend payout ratio (DPR) is currently 15.85%.

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.