DA Davidson Upgrades Martin Marietta Materials (NYSE:MLM) to Hold

Posted by Brenda Bartman on Aug 26th, 2026

Martin Marietta Materials (NYSE:MLM – Get Free Report) was upgraded by equities researchers at DA Davidson to a “hold” rating in a report issued on Monday,Zacks.com reports.

Several other analysts have also recently commented on the company. Royal Bank Of Canada lowered their price target on Martin Marietta Materials from $615.00 to $610.00 and set a “sector perform” rating for the company in a report on Monday, August 3rd. JPMorgan Chase & Co. lowered their target price on shares of Martin Marietta Materials from $700.00 to $680.00 and set a “neutral” rating for the company in a report on Friday, July 31st. Wells Fargo & Company dropped their price target on shares of Martin Marietta Materials from $616.00 to $581.00 and set an “equal weight” rating for the company in a research report on Friday, July 31st. Wall Street Zen downgraded shares of Martin Marietta Materials from a “hold” rating to a “sell” rating in a research note on Tuesday, July 28th. Finally, Raymond James Financial set a $660.00 price target on shares of Martin Marietta Materials in a report on Friday, July 31st. Ten analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $665.29.

Check Out Our Latest Analysis on MLM

Martin Marietta Materials Price Performance

Shares of NYSE MLM opened at $532.58 on Monday. The company has a current ratio of 1.41, a quick ratio of 0.73 and a debt-to-equity ratio of 0.44. The stock has a market cap of $31.99 billion, a price-to-earnings ratio of 13.09, a PEG ratio of 2.30 and a beta of 1.11. Martin Marietta Materials has a 52 week low of $522.19 and a 52 week high of $710.97. The company’s 50-day moving average price is $567.14 and its 200 day moving average price is $593.72.

Martin Marietta Materials (NYSE:MLM – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The construction company reported $5.00 EPS for the quarter, beating analysts’ consensus estimates of $4.76 by $0.24. Martin Marietta Materials had a return on equity of 9.49% and a net margin of 36.73%.The business had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.87 billion. During the same quarter in the previous year, the business earned $5.43 earnings per share. The business’s revenue for the quarter was up 21.0% on a year-over-year basis. As a group, research analysts forecast that Martin Marietta Materials will post 19.07 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of MLM. CoreCap Advisors LLC raised its stake in shares of Martin Marietta Materials by 370.0% in the 2nd quarter. CoreCap Advisors LLC now owns 47 shares of the construction company’s stock valued at $27,000 after acquiring an additional 37 shares during the period. Meeder Asset Management Inc. boosted its position in Martin Marietta Materials by 67.9% during the 1st quarter. Meeder Asset Management Inc. now owns 47 shares of the construction company’s stock worth $28,000 after purchasing an additional 19 shares during the period. Garton & Associates Financial Advisors LLC purchased a new stake in Martin Marietta Materials during the 4th quarter worth $31,000. Reflection Asset Management purchased a new stake in Martin Marietta Materials during the 4th quarter worth $35,000. Finally, Osterweis Capital Management Inc. acquired a new stake in Martin Marietta Materials in the 2nd quarter valued at $37,000. 95.04% of the stock is owned by institutional investors and hedge funds.

Martin Marietta Materials Company Profile

(Get Free Report)

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.