4,975 Martin Marietta Materials, Inc. $MLM Shares Acquired by Oppenheimer & Co. Inc.

Posted by George Bondi on Oct 27th, 2026

Oppenheimer & Co. Inc. grew its position in shares of Martin Marietta Materials, Inc. (NYSE:MLM – Free Report) by 17.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 32,908 shares of the construction company’s stock after purchasing an additional 4,975 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Martin Marietta Materials were worth $15,790,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. AMG National Trust Bank boosted its stake in shares of Martin Marietta Materials by 3.6% in the 1st quarter. AMG National Trust Bank now owns 495 shares of the construction company’s stock valued at $291,000 after purchasing an additional 17 shares during the last quarter. AlTi Global Inc. lifted its holdings in Martin Marietta Materials by 1.2% in the first quarter. AlTi Global Inc. now owns 1,496 shares of the construction company’s stock valued at $881,000 after buying an additional 18 shares during the period. Meeder Asset Management Inc. lifted its holdings 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 valued at $28,000 after buying an additional 19 shares during the period. Castle Wealth Management LLC boosted its position in Martin Marietta Materials by 2.2% during the first quarter. Castle Wealth Management LLC now owns 1,082 shares of the construction company’s stock valued at $637,000 after acquiring an additional 23 shares during the last quarter. Finally, Fulton Bank N.A. boosted its position in Martin Marietta Materials by 5.1% during the first quarter. Fulton Bank N.A. now owns 492 shares of the construction company’s stock valued at $290,000 after acquiring an additional 24 shares during the last quarter. Institutional investors and hedge funds own 95.04% of the company’s stock.

Martin Marietta Materials Stock Down 0.5%

MLM stock opened at $504.52 on Tuesday. The stock’s 50 day simple moving average is $503.01 and its 200 day simple moving average is $578.59. The company has a market cap of $30.31 billion, a P/E ratio of 30.28, a price-to-earnings-growth ratio of 2.63 and a beta of 1.08. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.73 and a current ratio of 1.41. Martin Marietta Materials, Inc. has a fifty-two week low of $464.92 and a fifty-two week high of $710.97.

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. The firm had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.87 billion. Martin Marietta Materials had a return on equity of 9.49% and a net margin of 36.73%. The company’s revenue for the quarter was up 21.0% compared to the same quarter last year. During the same quarter last year, the firm posted $5.43 earnings per share. On average, research analysts expect that Martin Marietta Materials, Inc. will post 16.29 earnings per share for the current fiscal year.

Martin Marietta Materials Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 1st were issued a $0.84 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $3.36 dividend on an annualized basis and a dividend yield of 0.7%. This is an increase from Martin Marietta Materials’s previous quarterly dividend of $0.83. Martin Marietta Materials’s dividend payout ratio (DPR) is 8.26%.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Weiss Ratings downgraded Martin Marietta Materials from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, September 3rd. Truist Financial cut their target price on Martin Marietta Materials from $730.00 to $625.00 and set a “buy” rating on the stock in a research report on Monday, October 5th. Sanford C. Bernstein downgraded Martin Marietta Materials to an “underweight” rating in a report on Wednesday, September 2nd. Raymond James Financial lowered their target price on Martin Marietta Materials from $660.00 to $640.00 and set an “outperform” rating for the company in a report on Friday, October 16th. Finally, UBS Group dropped their price target on Martin Marietta Materials from $715.00 to $662.00 and set a “buy” rating on the stock in a research note on Thursday, October 8th. Thirteen research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $642.65.

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About Martin Marietta Materials

(Free Report)

Martin Marietta Materials, Inc is a supplier of construction materials serving the infrastructure, commercial, residential and industrial markets. The company’s primary business is aggregates, including crushed stone, sand and gravel used in roads, bridges, buildings and other construction projects.

Martin Marietta also produces cement, ready-mixed concrete and asphalt products, and provides paving and related construction services in selected markets. Through its Magnesia Specialties business, the company manufactures magnesium-based and dolomitic lime products used in industrial, environmental and agricultural applications.

Headquartered in Raleigh, North Carolina, Martin Marietta Materials became an independent publicly traded company in 1993 following a spin-off from Martin Marietta Corporation.