Martin Marietta Materials, Inc. $MLM Stake Cut by Heritage Investors Management Corp

Posted by Geri Gentry on Nov 2nd, 2026

Heritage Investors Management Corp cut its stake in Martin Marietta Materials, Inc. (NYSE:MLM – Free Report) by 2.9% in the third quarter, Holdings Channel reports. The fund owned 61,317 shares of the construction company’s stock after selling 1,863 shares during the period. Heritage Investors Management Corp’s holdings in Martin Marietta Materials were worth $29,421,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. AMG National Trust Bank boosted its position in shares of Martin Marietta Materials by 3.6% during the 1st quarter. AMG National Trust Bank now owns 495 shares of the construction company’s stock valued at $291,000 after acquiring an additional 17 shares during the last quarter. AlTi Global Inc. grew its holdings in shares of 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 purchasing an additional 18 shares during the period. Meeder Asset Management Inc. grew its holdings in shares of 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 purchasing an additional 19 shares during the period. Castle Wealth Management LLC increased 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 worth $637,000 after purchasing an additional 23 shares during the last quarter. Finally, Fulton Bank N.A. increased 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 worth $290,000 after purchasing an additional 24 shares during the last quarter. Hedge funds and other institutional investors own 95.04% of the company’s stock.

Martin Marietta Materials Stock Performance

Shares of Martin Marietta Materials stock opened at $541.03 on Monday. The firm has a market cap of $32.50 billion, a PE ratio of 13.29, a price-to-earnings-growth ratio of 2.80 and a beta of 1.02. The company has a quick ratio of 0.73, a current ratio of 1.41 and a debt-to-equity ratio of 0.44. Martin Marietta Materials, Inc. has a 52 week low of $464.92 and a 52 week high of $710.97. The business’s fifty day simple moving average is $502.30 and its 200-day simple moving average is $576.08.

Martin Marietta Materials (NYSE:MLM – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The construction company reported $5.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.76 by $0.24. The firm had revenue of $1.95 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was up 21.0% on a year-over-year basis. During the same period last year, the company earned $5.43 EPS. Equities analysts forecast that Martin Marietta Materials, Inc. will post 16.29 earnings per share for the current year.

Martin Marietta Materials Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 1st were given a $0.84 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This is an increase from Martin Marietta Materials’s previous quarterly dividend of $0.83. This represents a $3.36 dividend on an annualized basis and a yield of 0.6%. Martin Marietta Materials’s dividend payout ratio is currently 8.26%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on MLM. UBS Group reduced their target price on shares of 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. Citigroup dropped their price target on shares of Martin Marietta Materials from $690.00 to $610.00 and set a “buy” rating for the company in a research note on Friday, October 2nd. Stephens cut their price target on shares of Martin Marietta Materials from $700.00 to $680.00 and set an “overweight” rating for the company in a report on Friday, July 31st. Zacks Research lowered shares of Martin Marietta Materials from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 20th. Finally, DA Davidson raised shares of Martin Marietta Materials from a “neutral” rating to a “buy” rating and set a $610.00 price target on the stock in a research report on Friday, October 16th. Thirteen investment 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. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $639.59.

Check Out Our Latest Analysis on MLM

Martin Marietta Materials Profile

(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.