Materion Co. (NYSE:MTRN - Free Report) - Equities researchers at Seaport Res Ptn cut their Q1 2025 EPS estimates for shares of Materion in a research note issued to investors on Monday, April 21st. Seaport Res Ptn analyst M. Harrison now forecasts that the basic materials company will post earnings of $1.18 per share for the quarter, down from their prior forecast of $1.20. The consensus estimate for Materion's current full-year earnings is $5.50 per share. Seaport Res Ptn also issued estimates for Materion's Q2 2025 earnings at $1.25 EPS, Q3 2025 earnings at $1.31 EPS, FY2025 earnings at $5.35 EPS and FY2026 earnings at $6.57 EPS.
Materion Price Performance
Shares of NYSE MTRN opened at $79.60 on Wednesday. The stock has a market cap of $1.65 billion, a price-to-earnings ratio of 274.48 and a beta of 1.15. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.26 and a current ratio of 3.19. Materion has a fifty-two week low of $69.10 and a fifty-two week high of $123.21. The firm's 50-day simple moving average is $85.13 and its 200 day simple moving average is $98.63.
Materion (NYSE:MTRN - Get Free Report) last issued its earnings results on Wednesday, February 19th. The basic materials company reported $1.55 EPS for the quarter, beating the consensus estimate of $1.43 by $0.12. Materion had a return on equity of 12.42% and a net margin of 0.35%. The company had revenue of $436.90 million during the quarter, compared to the consensus estimate of $433.22 million. During the same period last year, the business posted $1.41 EPS. The firm's revenue for the quarter was up 3.8% compared to the same quarter last year.
Materion Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, March 7th. Investors of record on Thursday, February 20th were given a dividend of $0.135 per share. The ex-dividend date of this dividend was Thursday, February 20th. This represents a $0.54 annualized dividend and a dividend yield of 0.68%. Materion's payout ratio is 186.21%.
Insider Buying and Selling
In related news, CFO Shelly Marie Chadwick sold 805 shares of the business's stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $101.24, for a total transaction of $81,498.20. Following the transaction, the chief financial officer now directly owns 14,632 shares in the company, valued at approximately $1,481,343.68. The trade was a 5.21 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.60% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Materion
Several hedge funds have recently modified their holdings of the company. Barclays PLC increased its position in shares of Materion by 356.9% during the third quarter. Barclays PLC now owns 34,877 shares of the basic materials company's stock valued at $3,902,000 after acquiring an additional 27,244 shares during the last quarter. Synovus Financial Corp grew its stake in Materion by 9.6% in the 3rd quarter. Synovus Financial Corp now owns 7,507 shares of the basic materials company's stock valued at $840,000 after purchasing an additional 656 shares during the period. JPMorgan Chase & Co. increased its position in shares of Materion by 38.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 61,385 shares of the basic materials company's stock valued at $6,867,000 after purchasing an additional 16,904 shares during the last quarter. Confluence Investment Management LLC raised its stake in shares of Materion by 5.3% during the 4th quarter. Confluence Investment Management LLC now owns 4,031 shares of the basic materials company's stock worth $399,000 after purchasing an additional 204 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in shares of Materion by 307.8% in the 4th quarter. GAMMA Investing LLC now owns 261 shares of the basic materials company's stock worth $26,000 after buying an additional 197 shares during the last quarter. Institutional investors own 93.56% of the company's stock.
About Materion
(
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Materion Corporation, together with its subsidiaries, produces advanced engineered materials used in semiconductor, industrial, aerospace and defense, automotive, energy, consumer electronics, and telecom and data center in the United States, Asia, Europe, and internationally. The company operates in four segments: Performance Materials, Electronic Materials, Precision Optics, and Other.
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