Bridger Management LLC Makes New Investment in Martin Marietta Materials, Inc. $MLM

Posted by George Bondi on Aug 29th, 2026

Bridger Management LLC bought a new stake in shares of Martin Marietta Materials, Inc. (NYSE:MLM – Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 11,055 shares of the construction company’s stock, valued at approximately $6,375,000. Martin Marietta Materials comprises 4.2% of Bridger Management LLC’s holdings, making the stock its 9th biggest position.

A number of other hedge funds and other institutional investors have also made changes to their positions in MLM. CoreCap Advisors LLC boosted its stake in Martin Marietta Materials by 370.0% during 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 last quarter. Meeder Asset Management Inc. grew its stake in Martin Marietta Materials by 67.9% in the first quarter. Meeder Asset Management Inc. now owns 47 shares of the construction company’s stock worth $28,000 after purchasing an additional 19 shares in the last quarter. Garton & Associates Financial Advisors LLC bought a new stake in Martin Marietta Materials in the fourth quarter valued at about $31,000. Reflection Asset Management bought a new stake in Martin Marietta Materials in the fourth quarter valued at about $35,000. Finally, Osterweis Capital Management Inc. acquired a new stake in Martin Marietta Materials during the second quarter valued at approximately $37,000. Institutional investors own 95.04% of the company’s stock.

Martin Marietta Materials Trading Up 0.5%

Shares of NYSE MLM opened at $531.11 on Friday. The company has a market cap of $31.90 billion, a price-to-earnings ratio of 13.05, a price-to-earnings-growth ratio of 2.28 and a beta of 1.11. Martin Marietta Materials, Inc. has a 12-month low of $522.19 and a 12-month high of $710.97. 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’s 50 day simple moving average is $562.81 and its 200 day simple moving average is $591.20.

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

Martin Marietta Materials Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 1st will be paid a $0.84 dividend. The ex-dividend date is Tuesday, September 1st. This is an increase from Martin Marietta Materials’s previous quarterly dividend of $0.83. This represents a $3.36 annualized dividend and a dividend yield of 0.6%. Martin Marietta Materials’s dividend payout ratio (DPR) is 8.16%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on MLM shares. Oppenheimer started coverage on Martin Marietta Materials in a research report on Thursday, May 28th. They issued a “market perform” rating for the company. Weiss Ratings cut Martin Marietta Materials from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, August 17th. Wall Street Zen downgraded shares of Martin Marietta Materials from a “hold” rating to a “sell” rating in a report on Tuesday, July 28th. Berenberg Bank set a $556.00 target price on shares of Martin Marietta Materials and gave the company a “hold” rating in a research note on Tuesday, June 2nd. Finally, Wolfe Research set a $648.00 target price on shares of Martin Marietta Materials in a report on Tuesday, August 4th. Ten investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $665.88.

Read Our Latest Stock Analysis on MLM

About Martin Marietta Materials

(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.