Use Materials From Other Models?

After I found out that Princess Peach: Showtime! runs on Unreal 4 and there was a Thief form, I wanted to mod Peach into Payday 3. I extracted things myself, so I have the materials as well as the models. Is it possible for me to just put those materials into the PD3 mod?
Showtime's specific version of Unreal is 4.27.
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