Healthcare of Ontario Pension Plan Trust Fund Purchases 1,412 Shares of Martin Marietta Materials, Inc. $MLM

Healthcare of Ontario Pension Plan Trust Fund raised its position in Martin Marietta Materials, Inc. (NYSE:MLM) by 59.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,796 shares of the construction company’s stock after acquiring an additional 1,412 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Martin Marietta Materials were worth $2,235,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of MLM. Victory Capital Management Inc. raised its holdings in shares of Martin Marietta Materials by 51.8% in the 4th quarter. Victory Capital Management Inc. now owns 2,448,928 shares of the construction company’s stock valued at $1,524,853,000 after purchasing an additional 836,120 shares during the period. Norges Bank bought a new position in Martin Marietta Materials during the fourth quarter worth about $354,681,000. Bank of America Corp DE increased its position in Martin Marietta Materials by 31.9% during the second quarter. Bank of America Corp DE now owns 2,340,677 shares of the construction company’s stock worth $1,284,938,000 after buying an additional 565,856 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in Martin Marietta Materials by 241.4% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 303,031 shares of the construction company’s stock worth $188,686,000 after buying an additional 214,270 shares during the last quarter. Finally, Interval Partners LP bought a new stake in Martin Marietta Materials in the fourth quarter valued at approximately $128,996,000. Institutional investors own 95.04% of the company’s stock.

Martin Marietta Materials Stock Down 2.6%

MLM opened at $526.13 on Friday. The stock has a fifty day moving average of $577.73 and a 200-day moving average of $607.22. The company has a market capitalization of $31.59 billion, a P/E ratio of 12.93, a P/E/G ratio of 2.29 and a beta of 1.10. Martin Marietta Materials, Inc. has a fifty-two week low of $523.48 and a fifty-two week high of $710.97. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.11 and a current ratio of 1.41.

Martin Marietta Materials (NYSE:MLM) last released its quarterly earnings results on Thursday, July 30th. The construction company reported $5.00 EPS for the quarter, beating the consensus estimate of $4.76 by $0.24. Martin Marietta Materials had a net margin of 36.73% and a return on equity of 9.49%. The business had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.87 billion. During the same period in the prior year, the company posted $5.43 earnings per share. Martin Marietta Materials’s revenue was up 21.0% compared to the same quarter last year. On average, equities analysts expect that Martin Marietta Materials, Inc. will post 19.43 EPS for the current year.

Martin Marietta Materials Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 1st were issued a dividend of $0.83 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $3.32 annualized dividend and a dividend yield of 0.6%. Martin Marietta Materials’s dividend payout ratio (DPR) is currently 7.91%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Stephens cut their price objective on Martin Marietta Materials from $700.00 to $680.00 and set an “overweight” rating for the company in a research report on Friday. Oppenheimer initiated coverage on Martin Marietta Materials in a research note on Thursday, May 28th. They issued a “market perform” rating on the stock. Truist Financial lifted their price objective on shares of Martin Marietta Materials from $710.00 to $730.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Citigroup upped their price objective on shares of Martin Marietta Materials from $731.00 to $737.00 and gave the company a “buy” rating in a report on Wednesday, July 8th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Martin Marietta Materials from $700.00 to $680.00 and set a “neutral” rating on the stock in a research report on Friday. Eleven research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $674.18.

Martin Marietta Materials News Roundup

Here are the key news stories impacting Martin Marietta Materials this week:

• Positive Sentiment: Second-quarter revenue rose 21% year over year to a record $1.95 billion, exceeding the $1.87 billion analyst estimate. EPS of $5.00 also surpassed consensus, supported by record aggregates shipments and infrastructure demand. Martin Marietta Reports Second-Quarter 2026 Results
• Positive Sentiment: Management raised full-year 2026 revenue guidance to $7.2 billion-$7.4 billion, above the roughly $7.1 billion consensus estimate, while reaffirming adjusted EBITDA guidance. The company also expects operational-efficiency initiatives to generate approximately $350 million in cash-flow benefits. Martin Marietta raises FY2026 revenue outlook
• Neutral Sentiment: Analysts collectively maintain a “Moderate Buy” view, and the revised price targets remain above the current trading level. However, the range of opinions indicates a balance between confidence in infrastructure-driven demand and concerns about near-term earnings momentum. Martin Marietta receives Moderate Buy rating
• Negative Sentiment: Despite the quarterly beat, EPS declined from $5.43 in the prior-year quarter. That earnings decline may be limiting the market’s reaction to the higher revenue outlook. Martin Marietta Q2 earnings top estimates
• Negative Sentiment: JPMorgan lowered its price target from $700 to $680 and assigned a “Neutral” rating. Wells Fargo reduced its target from $616 to $581 and kept an “Equal Weight” rating. Although both targets imply upside, the cuts signal more limited conviction and add pressure to the stock. Analyst price-target revisions

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.