MTRN · NYSE · Industrial Materials

Materion (MTRN)

Producer of engineered alloys, semiconductor materials, and precision optical coatings.

$252.81
vs last close−0.49 (−0.19%)
Loading prices…

Materion CorporationMTRN
Materials

Produces engineered alloys, beryllium products, semiconductor deposition materials, microelectronics packaging, and precision optical coatings across three operating segments. Integrated mining, refining, materials engineering, and global manufacturing support demanding industrial and technology applications, while interdependent plants and beryllium-exposure rules shape operations.

Produces specialty engineered materials through Performance Materials, Electronic Materials, and Precision Optics. Performance Materials supplies beryllium and non-beryllium alloys, beryllium metal and ceramics, and precision clad and plated systems; its Utah mine and refinery feed downstream beryllium operations.

Electronic Materials makes vapor-deposition targets, advanced chemicals, microelectronics packaging, brazing materials, and precious-metal products, supported by in-house refining and recycling. Precision Optics designs thin-film coatings, optical filters, and assemblies. Manufacturing and direct-sales operations span North America, Europe, and Asia, serving semiconductor, industrial, aerospace and defense, automotive, energy, consumer-electronics, and life-sciences customers.

Combines upstream feedstock, metallurgy, precision processing, and application engineering to produce customized materials for demanding electrical, thermal, optical, and structural uses. Operations depend on interlinked plants, consigned precious metals, semiconductor production cycles, and compliance with workplace-exposure standards for beryllium.

Company facts

CEOJugal K. Vijayvargiya
ListedOct 2, 1956
ExchangeNYSE
HeadquartersMayfield Heights, OH
CountryUnited States
Employees2,880
CIK0001104657
ISINUS5766901012

Market cap$5.27B
EPS (ttm)$4.29
P/E (ttm)59.04
ROE9.4%
P/B5.30
P/S2.51
Dividend yieldDiv yield0.23%
Beta2.02vs XLB 0.86

Price target$314.00+24.0%Average of 10 analysts
ConsensusBuy5 of 10 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 2, 2026JefferiesInitiate
Rating: Target:
Rating: BuyTarget: $314
Jan 23, 2026Seaport GlobalDowngrade
Rating: Buy
Rating: Neutral
Jan 14, 2026KeybancUpgrade
Rating: Sector WeightTarget: $125
Rating: OverweightTarget: $161
Oct 30, 2025KeybancDowngrade
Rating: Overweight
Rating: Sector Weight
Jul 18, 2025KeybancUpgrade
Rating: Sector Weight
Rating: Overweight

Next report
Nov 4, 26
in 42 days
EPS estimate
$1.89
Revenue estimate
$611.4M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Jul '25Oct '25Feb '26Apr '26Aug '26Nov '26
Reported$1.55$1.13$1.37$1.41$1.53$1.27$1.90Pending
Estimate$1.43$1.12$1.18$1.41$1.51$1.24$1.52$1.89
Surprise+8.4%+0.9%+16.1%0.0%+1.3%+2.4%+25.0%

RevenueReportedEstimate

Feb '25May '25Jul '25Oct '25Feb '26Apr '26Aug '26Nov '26
Reported$436.9M$420.3M$431.7M$438.4M$489.8M$549.8M$613.9MPending
Estimate$422.4M$413.7M$441.4M$448.8M$448.8M$479.0M$549.8M$611.4M
Surprise+3.4%+1.6%−2.2%−2.3%+9.1%+14.8%+11.7%
Estimate$1.89
ReportedDue Nov 4, 2026
Estimate$611.4M
ReportedDue Nov 4, 2026
View details

Debt to equity51.40%
Current ratio294.10%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$436.7M$436.9M$420.3M$431.6M$444.8M$489.8M$549.8M$613.9M
Net income$22.3M−$48.9M$17.7M$25.1M$25.4M$6.6M$19.4M$38.8M
Net margin5.1%0.0%4.2%5.8%5.7%1.3%3.5%6.3%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$31.3M−$38.3M$28.5M$37.9M$35.8M$12.4M$30.3M$51.7M
YoY growth−14.4%Turned loss+28.3%+7.3%+14.4%Turned profit+6.1%+36.3%

Balance sheet, Jul 3, 2026Cash & short-term investments $20.0M · Total debt $511.5M · Total assets $1.87B · Shareholders' equity $994.9M

Revenue
$613.9M
Operating income
$51.7M
Net income
$38.8M
View details

Dividend yield
0.23%
Next ex-date
Nov 20, 26
estimated · in 58 days
Annual dividend
$0.57
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Nov '24Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26
Dividend$0.135$0.135$0.14$0.14$0.14$0.14$0.145$0.145
Annual yield0.46%0.54%0.70%0.48%0.47%0.37%0.25%0.24%
Ex-dateNov 14Feb 20May 29Aug 22Nov 13Feb 19May 28Aug 20
Payment dateDec 6Mar 7Jun 13Sep 5Dec 5Mar 6Jun 12Sep 4
View details

Institutions≈ 97.34%20.28M shares
416 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Insiders1.76%365.7K shares
12 holders · as of Sep 9, 2026
Other≈ 0.90%188.4K shares
remainder

20.83M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
16.67%3.47Mas of Jun 30, 2026
State Street CorpInstitution
6.99%1.46Mas of Jun 30, 2026
Vanguard Portfolio Management LLCInstitution
6.70%1.40Mas of Jun 30, 2026
Capital Research Global InvestorsInstitution
4.80%1.00Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
4.50%937,553as of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 1, 2026Emily M. Liggettdirector−1,012$232.42
Aug 31, 2026Vinod M. Khilnanidirector−2,000$235.16
Aug 7, 2026Shelly Marie Chadwickofficer: Vice President, Finance & CFO−1,705$293.00
Aug 7, 2026Darlene J. S. Solomondirector−3,705$292.22
Aug 7, 2026Jugal K. Vijayvargiyadirector, officer: President and CEO−24,336$291.62
View details

  • Linde

    Largest industrial gases co; Linde AMT competes in semiconductor PVD targets.

  • ATI

    Specialty Ti/Ni alloys and near-net-shape components for aerospace and defense.

  • Coherent

    Integrated photonics in optics, lasers, and compound-semiconductor materials.

  • Viavi Solutions

    Thin-film coatings and security optical films for defense, currency, consumer.

  • Solstice Advanced Materials

    Pure-play sputtering-target maker for semiconductor fabs; Honeywell spin-off.

  • MKS

    Precision optics and thin-film filter coatings for photonics via Newport brand.

Compare

CompanyPriceChange
Materion$252.81−0.19%$5.27B59.031.92.5+42.2%
Linde$470.84+1.28%$215.07B30.025.26.1+9.4%
ATI$188.48+1.03%$25.46B54.733.15.4+10.6%
Coherent$302.55−2.53%$60.72B75.532.38.5+33.7%
Viavi Solutions$36.89+1.35%$8.98B22.55.9+52.5%
Solstice Advanced Materials$58.86−0.05%$9.35B44.618.62.3
MKS$260.31−0.02%$17.59B41.516.64.0+28.3%
Median44.623.95.7+28.3%