materion (nyse: mtrn) is one of the world’s premier advanced materials solutions providers. at materion, we are committed to developing, manufacturing and marketing highly engineered advanced materials for global customers across a wide range of markets, including consumer electronics, defense and science, industrial and aerospace, automotive electronics, telecommunications infrastructure, appliances, medical and energy. our products, processes and expertise help enable our customers’ technologies. our unique product portfolio includes: - specialty engineered alloys - beryllium and non-be metal and metal matrix composites - engineered clad and plated metal systems - precious and non-precious specialty metals - precision optical filters - inorganic chemicals and powders - specialty thin film coatings we differentiate ourselves in these markets with a strong global base of manufacturing operations and service capabilities, a broad array of high-performance products, and specialized mater
Company profile
Ticker
MTRN
Exchange
Website
CEO
Jugal Vijayvargiya
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
BRUSH ENGINEERED MATERIALS INC
SEC CIK
Corporate docs
Subsidiaries
Egbert Corp. • Materion Newton, Inc. • Materion Advanced Chemicals Inc. • Materion Netherlands B.V. • Materion Advanced Materials Technologies and Services Suzhou Ltd. • Materion Advanced Materials Technologies and Services Corp. • Materion Singapore PTE. Ltd. • Materion Advanced Materials Technologies and Services Inc. • Materion Taiwan Co. Ltd. • Materion Advanced Materials Germany GmbH ...
IRS number
341919973
MTRN stock data
Latest filings (excl ownership)
SD
Conflict minerals disclosure
30 May 24
8-K
Submission of Matters to a Vote of Security Holders
10 May 24
10-Q
2024 Q1
Quarterly report
2 May 24
8-K
Materion Corporation Reports First Quarter 2024 Financial Results
1 May 24
8-K
Regulation FD Disclosure
28 Mar 24
DEF 14A
Definitive proxy
26 Mar 24
10-K
2023 FY
Annual report
15 Feb 24
8-K
Materion Corporation Reports Strong Fourth Quarter and Record Full-Year 2023 Financial Results and Provides 2024 Outlook
15 Feb 24
8-K
Results of Operations and Financial Condition
19 Jan 24
10-Q
2023 Q3
Quarterly report
1 Nov 23
Transcripts
MTRN
Earnings call transcript
2024 Q1
2 May 24
MTRN
Earnings call transcript
2023 Q4
15 Feb 24
MTRN
Earnings call transcript
2023 Q3
1 Nov 23
MTRN
Earnings call transcript
2023 Q2
2 Aug 23
MTRN
Earnings call transcript
2023 Q2
2 Aug 23
MTRN
Earnings call transcript
2023 Q1
3 May 23
MTRN
Earnings call transcript
2023 Q1
3 May 23
MTRN
Earnings call transcript
2022 Q4
16 Feb 23
MTRN
Earnings call transcript
2022 Q3
2 Nov 22
MTRN
Earnings call transcript
2022 Q2
5 Aug 22
Latest ownership filings
4
EMILY M LIGGETT
17 May 24
144
Notice of proposed sale of securities
15 May 24
4
Gregory R. Chemnitz
15 May 24
144
Notice of proposed sale of securities
13 May 24
4
Patrick M. Prevost
13 May 24
4
CRAIG S SHULAR
13 May 24
4
EMILY M LIGGETT
13 May 24
4
Darlene J. S. Solomon
13 May 24
4
ROBERT J PHILLIPPY
13 May 24
4
Robert B Toth
13 May 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 13.10 mm | 13.10 mm | 13.10 mm | 13.10 mm | 13.10 mm | 13.10 mm |
Cash burn (monthly) | 63.33 k | 178.25 k | (no burn) | (no burn) | 4.60 mm | (no burn) |
Cash used (since last report) | 149.94 k | 422.00 k | n/a | n/a | 10.89 mm | n/a |
Cash remaining | 12.95 mm | 12.68 mm | n/a | n/a | 2.21 mm | n/a |
Runway (months of cash) | 204.5 | 71.1 | n/a | n/a | 0.5 | n/a |
Institutional ownership, Q1 2024
91.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 243 |
Opened positions | 86 |
Closed positions | 11 |
Increased positions | 55 |
Reduced positions | 59 |
13F shares | Current |
---|---|
Total value | 2.38 tn |
Total shares | 19.00 mm |
Total puts | 3.40 k |
Total calls | 7.50 k |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 3.36 mm | $443.13 bn |
Vanguard | 2.55 mm | $336.39 bn |
Capital Research Global Investors | 1.34 mm | $176.11 bn |
Dimensional Fund Advisors | 1.20 mm | $158.22 bn |
STT State Street | 963.47 k | $126.94 bn |
Trigran Investments | 696.21 k | $91.73 bn |
ACK Asset Management | 480.50 k | $63.31 bn |
Silvercrest Asset Management | 459.81 k | $60.58 bn |
Copeland Capital Management | 456.74 k | $60.17 bn |
Geode Capital Management | 447.70 k | $58.99 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 May 24 | Liggett Emily M | Common Stock | Sell | Dispose S | No | No | 111.865 | 1,152 | 128.87 k | 2,621 |
13 May 24 | Gregory R. Chemnitz | Common Stock | Sell | Dispose S | No | No | 114.239 | 216 | 24.68 k | 18,031 |
13 May 24 | Gregory R. Chemnitz | Common Stock | Sell | Dispose S | No | No | 113.376 | 1,415 | 160.43 k | 18,247 |
13 May 24 | Gregory R. Chemnitz | Common Stock | Sell | Dispose S | No | No | 112.516 | 369 | 41.52 k | 19,662 |
10 May 24 | Liggett Emily M | RSU Common Stock | Grant | Acquire A | No | No | 0 | 1,150 | 0.00 | 1,150 |
10 May 24 | Phillippy Robert J | RSU Common Stock | Grant | Acquire A | No | No | 0 | 1,150 | 0.00 | 1,150 |
10 May 24 | Solomon Darlene J. S. | RSU Common Stock | Grant | Acquire A | No | No | 0 | 1,150 | 0.00 | 1,150 |
9 May 24 | Liggett Emily M | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,152 | 0.00 | 3,773 |
9 May 24 | Liggett Emily M | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,152 | 0.00 | 0 |
9 May 24 | Phillippy Robert J | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,152 | 0.00 | 4,003 |
News
Keybanc Maintains Overweight on Materion, Lowers Price Target to $152
10 May 24
Materion Increases Quarterly Dividend From $0.13 To $0.135 Per Share
9 May 24
Warrior Met Coal Sees Production Surge; Materion Updates Earnings Forecast; Contango To Acquire HighGold And More: Thursday's Top Mining Stories
2 May 24
Materion Q1 2024 GAAP EPS $0.96, Inline, Sales $385.287M Miss $386.840M Estimate
1 May 24
Proxy Advisors Recommend Sale Of US Steel; Ascent Reports Financial Results; Materion Expects 10% Sales Decline And More: Monday's Top Mining Stories
1 Apr 24
Press releases
Materion to Participate in CL King's Advanced Electronics Seminar
6 Jun 24
Materion Listed Among USA TODAY America's Climate Leaders 2024
5 Jun 24
Materion to Participate in KeyBanc's Industrials and Basic Materials Conference
16 May 24
Materion Corporation Increases Quarterly Cash Dividend
9 May 24
Materion Corporation Reports First Quarter 2024 Financial Results
1 May 24