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)
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
8-K
Materion Corporation Reports Record Third Quarter 2023 Results
1 Nov 23
8-K
Departure of Directors or Certain Officers
8 Aug 23
10-Q
2023 Q2
Quarterly report
2 Aug 23
8-K
Materion Corporation Reports Record Second Quarter Results
2 Aug 23
Transcripts
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 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
MTRN
Earnings call transcript
2022 Q1
30 Apr 22
MTRN
Earnings call transcript
2021 Q4
17 Feb 22
Latest ownership filings
4
Jugal K. Vijayvargiya
12 Mar 24
4
Shelly Marie Chadwick
12 Mar 24
4
Gregory R. Chemnitz
12 Mar 24
4
N MOHAN REDDY
12 Mar 24
4
ROBERT J PHILLIPPY
12 Mar 24
4
CRAIG S SHULAR
12 Mar 24
4
VINOD M KHILNANI
12 Mar 24
4
Robert B Toth
12 Mar 24
4
EMILY M LIGGETT
12 Mar 24
4
Darlene J. S. Solomon
12 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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Change in cash | |||||
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) | 16.40 mm | 16.40 mm | 16.40 mm | 16.40 mm | 16.40 mm | 16.40 mm |
Cash burn (monthly) | 57.67 k | 356.75 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 346.06 k | 2.14 mm | n/a | n/a | n/a | n/a |
Cash remaining | 16.05 mm | 14.26 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 278.4 | 40.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
58.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 168 |
Opened positions | 21 |
Closed positions | 74 |
Increased positions | 39 |
Reduced positions | 77 |
13F shares | Current |
---|---|
Total value | 1.51 tn |
Total shares | 12.13 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 2.54 mm | $330.69 bn |
Capital Research Global Investors | 1.35 mm | $175.36 bn |
Dimensional Fund Advisors | 1.22 mm | $159.08 bn |
STT State Street | 993.66 k | $129.30 bn |
ACK Asset Management | 480.50 k | $62.53 bn |
Copeland Capital Management | 450.39 k | $58.61 bn |
BK Bank Of New York Mellon | 370.52 k | $48.22 bn |
NTRS Northern Trust | 345.97 k | $45.02 bn |
Barrow Hanley Mewhinney & Strauss | 340.62 k | $44.32 bn |
Vaughan Nelson Investment Management | 240.62 k | $31.31 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
8 Mar 24 | Toth Robert B | RSU Common Stock | Grant | Acquire A | No | No | 0 | 1 | 0.00 | 1,152 |
8 Mar 24 | Solomon Darlene J. S. | RSU Common Stock | Grant | Acquire A | No | No | 0 | 1 | 0.00 | 1,152 |
8 Mar 24 | Reddy N Mohan | Common Stock | Grant | Acquire A | Yes | No | 0 | 41.614 | 0.00 | 43,587.487 |
8 Mar 24 | Reddy N Mohan | RSU Common Stock | Grant | Acquire A | No | No | 0 | 1 | 0.00 | 1,152 |
8 Mar 24 | Phillippy Robert J | Common Stock | Grant | Acquire A | Yes | No | 0 | 11.365 | 0.00 | 11,903.52 |
8 Mar 24 | Phillippy Robert J | RSU Common Stock | Grant | Acquire A | No | No | 0 | 1 | 0.00 | 1,152 |
8 Mar 24 | Shular Craig S | Common Stock | Grant | Acquire A | Yes | No | 0 | 45.761 | 0.00 | 47,930.53 |
8 Mar 24 | Shular Craig S | RSU Common Stock | Grant | Acquire A | No | No | 0 | 1 | 0.00 | 1,152 |
News
Keybanc Maintains Overweight Rating for Materion: Here's What You Need To Know
16 Feb 24
Keybanc Maintains Overweight on Materion, Raises Price Target to $157
16 Feb 24
Materion Q4 2023 Adj. EPS $1.41, Inline, Sales $421.00 Miss $420.36M Estimate
15 Feb 24
Earnings Scheduled For February 15, 2024
15 Feb 24
Materion's Earnings Outlook
14 Feb 24
Press releases
Politan Nominates Two Independent Candidates for Masimo Board
25 Mar 24
Materion Corporation to Hold Annual Shareholder's Meeting May 9
22 Feb 24
Materion Corporation Reports Strong Fourth Quarter and Record Full-Year 2023 Financial Results and Provides 2024 Outlook
15 Feb 24
Materion Corporation to Announce Fourth Quarter and Full Year 2023 Financial Results on February 15
1 Feb 24
Materion Corporation Declares Quarterly Cash Dividend
31 Jan 24