Wall Street Zen upgraded shares of Martin Marietta Materials (NYSE:MLM – Free Report) from a sell rating to a hold rating in a research report sent to investors on Saturday morning.
Other research analysts have also recently issued research reports about the company. Stephens cut their target price on Martin Marietta Materials from $740.00 to $735.00 and set an “overweight” rating on the stock in a research note on Friday, February 13th. Morgan Stanley lowered their price target on Martin Marietta Materials from $702.00 to $664.00 and set an “overweight” rating for the company in a report on Monday, April 6th. Raymond James Financial set a $690.00 price target on Martin Marietta Materials in a report on Monday, April 27th. Wells Fargo & Company boosted their price target on Martin Marietta Materials from $608.00 to $614.00 and gave the company an “equal weight” rating in a report on Friday. Finally, B. Riley Financial upgraded Martin Marietta Materials from a “neutral” rating to a “buy” rating and set a $700.00 price target for the company in a report on Thursday, April 2nd. Nine research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $693.06.
Read Our Latest Analysis on MLM
Martin Marietta Materials Trading Down 0.7%
Martin Marietta Materials (NYSE:MLM – Get Free Report) last released its earnings results on Thursday, April 30th. The construction company reported $1.93 EPS for the quarter, beating analysts’ consensus estimates of $1.78 by $0.15. The firm had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.31 billion. Martin Marietta Materials had a return on equity of 10.27% and a net margin of 38.67%.The company’s quarterly revenue was up 17.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.90 earnings per share. On average, equities analysts forecast that Martin Marietta Materials will post 19.2 EPS for the current year.
Martin Marietta Materials Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 2nd were issued a $0.83 dividend. The ex-dividend date was Monday, March 2nd. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.5%. Martin Marietta Materials’s payout ratio is presently 7.91%.
Institutional Trading of Martin Marietta Materials
A number of hedge funds have recently bought and sold shares of the stock. Lido Advisors LLC lifted its holdings in Martin Marietta Materials by 0.8% during the fourth quarter. Lido Advisors LLC now owns 1,920 shares of the construction company’s stock worth $1,209,000 after buying an additional 15 shares during the period. Ashton Thomas Private Wealth LLC lifted its holdings in Martin Marietta Materials by 3.9% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 424 shares of the construction company’s stock worth $264,000 after buying an additional 16 shares during the period. Harbour Investments Inc. lifted its holdings in Martin Marietta Materials by 31.4% during the fourth quarter. Harbour Investments Inc. now owns 67 shares of the construction company’s stock worth $42,000 after buying an additional 16 shares during the period. Daymark Wealth Partners LLC lifted its holdings in Martin Marietta Materials by 3.9% during the third quarter. Daymark Wealth Partners LLC now owns 448 shares of the construction company’s stock worth $283,000 after buying an additional 17 shares during the period. Finally, Quadrant Capital Group LLC lifted its holdings in Martin Marietta Materials by 0.8% during the fourth quarter. Quadrant Capital Group LLC now owns 2,186 shares of the construction company’s stock worth $1,361,000 after buying an additional 17 shares during the period. Hedge funds and other institutional investors own 95.04% of the company’s stock.
Key Stories Impacting Martin Marietta Materials
Here are the key news stories impacting Martin Marietta Materials this week:
- Positive Sentiment: Martin Marietta reaffirmed its 2026 adjusted EBITDA guidance at a $2.43B midpoint and said the Quikrete integration is running ahead of plan — this supports the company’s near‑term earnings outlook and inorganic growth plans. Martin Marietta reaffirms 2026 adjusted EBITDA guidance
- Positive Sentiment: Q1 results showed revenue growth of ~17% and EPS of $1.93, beating consensus — driven by strong pricing and infrastructure demand, which supports revenue momentum. Martin Marietta Reports First-Quarter 2026 Results
- Neutral Sentiment: The company completed an asset exchange with QUIKRETE and signed a definitive agreement to acquire New Frontier Materials — strategic moves that expand footprint but add integration execution risk and near-term costs. Martin Marietta Reports First-Quarter 2026 Results
- Neutral Sentiment: Wells Fargo nudged its price target to $614 but kept an “equal weight” rating — a very modest lift to guidance but no upgrade in conviction from a major shop. Wells Fargo price target update
- Neutral Sentiment: Management published the Q1 earnings call transcript and presentation — useful for detail on volumes, regional trends and integration costs but not a new catalyst by itself. Q1 2026 Earnings Call Transcript
- Negative Sentiment: Analysts and coverage noted margin pressure from rising costs and some earnings-model noise — several writeups flagged that higher input and integration costs could weigh on margins even as revenues grow. Zacks note on margin pressure
Martin Marietta Materials Company 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.
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