Mutual of America Capital Management 13F: Cuts MTRN Stake by $1.9M

Mutual of America Capital Management trimmed its holdings in Materion Corporation (NYSE:MTRN) by 7,045 shares during the quarter, according to a Form 13F filing with the SEC on October 23, 2026. The fund ended the period with 43,648 shares worth about $11.8 million after a 13.9% decrease in its position.

MTRN Materion Corporation

$221.06 ▲ +72.37% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Mutual of America Capital Management's Materion Corporation Position

The fund held 50,693 shares of the advanced engineered materials producer before the adjustment. The reported value of the remaining 43,648 shares sat at $11,767,064 on the filing date.

Other Institutional Activity in Materion Corporation

Other major institutional investors adjusted their positions around the same time. American Century Companies Inc cut its holdings by 266,657 shares, ending with 616,020 shares worth about $136.2 million. Fisher Asset Management, LLC grew its holdings by 53,218 shares, ending with 495,230 shares worth about $109.5 million. Barrow, Hanley Mewhinney & Strauss, LLC reduced its stake by 83,767 shares, finishing with 446,069 shares valued at roughly $98.6 million.

Materion Corporation Stock Down 11.7%

Materion Corporation shares closed at $221.06 on October 23, 2026, matching the recent trading price of $221.06 as of October 24, 2026. The stock sits about 32.0% below its 52-week high of $324.99 and well above its 52-week low of $109.61.

Recent Earnings

Materion Corporation generated $2.1 billion in trailing twelve-month revenue alongside earnings of $4.29 per share. The company reported a net profit margin of 4.3% and a return on equity of 9.5%, with year-over-year revenue growth reaching 42.2%. Its next earnings report is scheduled for November 4, 2026.

Dividend

Materion Corporation pays an annual dividend of $0.58 per share, giving investors a dividend yield of 0.26% with a payout ratio of 13.2%.

Insider Buying and Selling at Materion Corporation

Company insiders executed small share acquisitions earlier in the year. Craig Shular acquired 31 shares, President and CEO Jugal Vijayvargiya bought 11 shares, Robert Phillippy picked up 7 shares, and VP General Counsel and Secretary Gregory Chemnitz added 2 shares on June 12, 2026.

Analysts Set New Price Targets

Wall Street analysts maintain positive sentiment toward the company. On August 7, 2026, Keybanc maintained its Overweight rating while raising its price target from $237.00 to $306.00. Later, on September 2, 2026, Jefferies initiated coverage with a Buy rating and a $314.00 price target. The stock carries a mean price target of $303.75 across five analyst opinions.

About Materion Corporation

Based in Mayfield Heights, Ohio, Materion Corporation manufactures advanced engineered materials used in global technology, industrial, and defense applications. The company operates across performance materials, electronic materials, and precision optics segments, making its components essential for high-tech manufacturing.

Bottom Line

Investors are keeping an eye on the upcoming earnings report on November 4, 2026, to gauge whether revenue growth and profit margins remain strong. Institutional adjustments like those from Mutual of America show how major holders are shifting their exposure ahead of the results.