Louisiana State Employees Retirement System purchased a new position in shares of Martin Marietta Materials, Inc. (NYSE:MLM – Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,100 shares of the construction company’s stock, valued at approximately $1,825,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MLM. Lido Advisors LLC increased its stake in Martin Marietta Materials by 0.8% in the 4th quarter. Lido Advisors LLC now owns 1,920 shares of the construction company’s stock valued at $1,209,000 after buying an additional 15 shares during the period. Ashton Thomas Private Wealth LLC boosted its stake in shares of Martin Marietta Materials by 3.9% during the 4th quarter. Ashton Thomas Private Wealth LLC now owns 424 shares of the construction company’s stock valued at $264,000 after buying an additional 16 shares during the period. Harbour Investments Inc. grew its holdings in shares of Martin Marietta Materials by 31.4% during the 4th quarter. Harbour Investments Inc. now owns 67 shares of the construction company’s stock valued at $42,000 after acquiring an additional 16 shares in the last quarter. Quadrant Capital Group LLC grew its holdings in shares of Martin Marietta Materials by 0.8% during the 4th quarter. Quadrant Capital Group LLC now owns 2,186 shares of the construction company’s stock valued at $1,361,000 after acquiring an additional 17 shares in the last quarter. Finally, Fiduciary Alliance LLC grew its holdings in shares of Martin Marietta Materials by 2.6% during the 4th quarter. Fiduciary Alliance LLC now owns 702 shares of the construction company’s stock valued at $437,000 after acquiring an additional 18 shares in the last quarter. 95.04% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on MLM. Weiss Ratings upgraded Martin Marietta Materials from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, June 25th. Wells Fargo & Company boosted their target price on Martin Marietta Materials from $608.00 to $614.00 and gave the company an “equal weight” rating in a research note on Friday, May 1st. Zacks Research raised Martin Marietta Materials from a “strong sell” rating to a “hold” rating in a research report on Monday, April 13th. Truist Financial raised their price target on Martin Marietta Materials from $710.00 to $730.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Finally, B. Riley Financial upgraded Martin Marietta Materials from a “neutral” rating to a “buy” rating and set a $700.00 price target for the company in a report on Thursday, April 2nd. Eleven research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, Martin Marietta Materials currently has a consensus rating of “Moderate Buy” and an average price target of $681.94.
Martin Marietta Materials News Summary
Here are the key news stories impacting Martin Marietta Materials this week:
- Positive Sentiment: The Lhoist acquisition could deepen Martin Marietta’s exposure to lime and limestone, expand its materials platform, and create roughly $85 million in run-rate cost synergies after closing. Martin Marietta to Combine with Lhoist North America in 13.5 Billion Transaction
- Positive Sentiment: Management said the deal is expected to be accretive to earnings and margins in the first full year after closing, which could support longer-term value creation if integration goes smoothly. Will the Lhoist Acquisition Strengthen Martin Marietta’s Market Lead?
- Neutral Sentiment: The transaction is not expected to close until the second half of 2026 and still needs regulatory approval, leaving uncertainty around timing and completion. Martin Marietta to combine with Lhoist North America in 13.5 billion deal, WSJ reports
- Negative Sentiment: Shares fell as investors worried the large cash-and-stock structure could dilute existing holders and push leverage higher in the near term. Martin Marietta Materials Inc Shares Fall 5.7% — What GF Score of 91 Tells Investors
Martin Marietta Materials Stock Performance
Shares of MLM opened at $575.74 on Wednesday. The firm has a market cap of $34.57 billion, a price-to-earnings ratio of 13.72, a price-to-earnings-growth ratio of 2.47 and a beta of 1.10. The company’s fifty day moving average is $586.45 and its 200-day moving average is $617.60. The company has a quick ratio of 1.11, a current ratio of 2.28 and a debt-to-equity ratio of 0.47. Martin Marietta Materials, Inc. has a 12 month low of $525.38 and a 12 month high of $710.97.
Martin Marietta Materials (NYSE:MLM – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The construction company reported $1.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.78 by $0.15. Martin Marietta Materials had a net margin of 38.67% and a return on equity of 10.27%. The business had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.31 billion. During the same quarter in the previous year, the business earned $1.90 EPS. Martin Marietta Materials’s quarterly revenue was up 17.2% compared to the same quarter last year. Equities analysts expect that Martin Marietta Materials, Inc. will post 19.41 EPS for the current fiscal year.
Martin Marietta Materials Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 1st were issued a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 0.6%. The ex-dividend date was Monday, June 1st. Martin Marietta Materials’s dividend payout ratio (DPR) is 7.91%.
Martin Marietta Materials Profile
Martin Marietta Materials, Inc (NYSE: MLM) is a leading producer of aggregates and heavy building materials serving the construction and infrastructure markets. The company operates quarries, sand and gravel pits, and other extraction sites to supply crushed stone, sand and gravel, and a range of value‑added products for use in roads, bridges, commercial and residential construction, and other civil engineering projects.
In addition to its core aggregates business, Martin Marietta manufactures and sells asphalt, ready‑mixed concrete and related materials and services.
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