Rep. April McClain Delaney Buys Martin Marietta Materials, Inc. (NYSE:MLM) Stock

Representative April McClain Delaney (Democratic-Maryland) recently bought shares of Martin Marietta Materials, Inc. (NYSE:MLM). In a filing disclosed on September 09th, the Representative disclosed that they had bought between $1,001 and $15,000 in Martin Marietta Materials stock on August 19th.

Representative April McClain Delaney also recently made the following trade(s):

  • Sold $100,001 – $250,000 in shares of Wabtec (NYSE:WAB) on 8/25/2026.
  • Sold $100,001 – $250,000 in shares of Viking (NYSE:VIK) on 8/25/2026.
  • Sold $100,001 – $250,000 in shares of Trimble (NASDAQ:TRMB) on 8/25/2026.
  • Sold $100,001 – $250,000 in shares of Transdigm Group (NYSE:TDG) on 8/25/2026.
  • Sold $15,001 – $50,000 in shares of Tractor Supply (NASDAQ:TSCO) on 8/25/2026.
  • Sold $15,001 – $50,000 in shares of Middleby (NASDAQ:MIDD) on 8/25/2026.
  • Sold $15,001 – $50,000 in shares of Teledyne Technologies (NYSE:TDY) on 8/25/2026.
  • Sold $100,001 – $250,000 in shares of STERIS (NYSE:STE) on 8/25/2026.
  • Sold $100,001 – $250,000 in shares of Somnigroup International (NYSE:SGI) on 8/25/2026.
  • Sold $100,001 – $250,000 in shares of Signet Jewelers (NYSE:SIG) on 8/25/2026.

Martin Marietta Materials Trading Up 1.6%

Shares of MLM stock traded up $7.99 during trading on Friday, hitting $510.46. 711,443 shares of the stock traded hands, compared to its average volume of 657,119. The firm has a market capitalization of $30.66 billion, a P/E ratio of 12.54, a price-to-earnings-growth ratio of 2.17 and a beta of 1.10. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.41 and a quick ratio of 0.73. The firm’s fifty day moving average price is $544.86 and its 200-day moving average price is $579.58. Martin Marietta Materials, Inc. has a 52-week low of $491.61 and a 52-week high of $710.97.

Martin Marietta Materials (NYSE:MLMGet Free Report) last issued its quarterly earnings data on Thursday, July 30th. The construction company reported $5.00 earnings per share for the quarter, topping the consensus estimate of $4.76 by $0.24. The company 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 firm’s revenue for the quarter was up 21.0% compared to the same quarter last year. During the same period in the prior year, the business posted $5.43 earnings per share. As a group, research analysts forecast that Martin Marietta Materials, Inc. will post 19.07 earnings per share for the current fiscal year.

Martin Marietta Materials Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 1st will be paid a $0.84 dividend. This is a positive change from Martin Marietta Materials’s previous quarterly dividend of $0.83. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $3.36 annualized dividend and a dividend yield of 0.7%. Martin Marietta Materials’s dividend payout ratio is currently 8.26%.

Institutional Trading of Martin Marietta Materials

A number of large investors have recently modified their holdings of MLM. Integrated Wealth Concepts LLC raised its position in Martin Marietta Materials by 6.6% in the 1st quarter. Integrated Wealth Concepts LLC now owns 794 shares of the construction company’s stock valued at $379,000 after purchasing an additional 49 shares in the last quarter. Empowered Funds LLC grew its position in shares of Martin Marietta Materials by 11.4% during the first quarter. Empowered Funds LLC now owns 1,408 shares of the construction company’s stock worth $673,000 after buying an additional 144 shares in the last quarter. Sivia Capital Partners LLC increased its stake in shares of Martin Marietta Materials by 11.1% during the second quarter. Sivia Capital Partners LLC now owns 510 shares of the construction company’s stock worth $280,000 after buying an additional 51 shares during the period. EverSource Wealth Advisors LLC increased its stake in shares of Martin Marietta Materials by 205.9% during the second quarter. EverSource Wealth Advisors LLC now owns 260 shares of the construction company’s stock worth $143,000 after buying an additional 175 shares during the period. Finally, Cresset Asset Management LLC raised its holdings in Martin Marietta Materials by 22.6% in the second quarter. Cresset Asset Management LLC now owns 777 shares of the construction company’s stock valued at $427,000 after acquiring an additional 143 shares in the last quarter. Hedge funds and other institutional investors own 95.04% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on MLM. Wall Street Zen cut shares of Martin Marietta Materials from a “hold” rating to a “sell” rating in a research report on Tuesday, July 28th. Citigroup decreased their price target on Martin Marietta Materials from $737.00 to $690.00 and set a “buy” rating on the stock in a research note on Monday, August 3rd. Sanford C. Bernstein lowered Martin Marietta Materials to an “underweight” rating in a research report on Wednesday, September 2nd. Morgan Stanley dropped their price objective on Martin Marietta Materials from $664.00 to $639.00 and set an “overweight” rating for the company in a research note on Thursday, August 13th. Finally, Weiss Ratings lowered Martin Marietta Materials from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, September 3rd. Twelve analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Martin Marietta Materials currently has a consensus rating of “Moderate Buy” and an average target price of $667.53.

Check Out Our Latest Stock Report on MLM

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland’s 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland’s 6th Congressional District. She declared candidacy for the 2026 election.

April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor’s degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

About Martin Marietta Materials

(Get Free Report)

Martin Marietta Materials, Inc is a U.S.-based supplier of construction aggregates and other building materials. The company produces crushed stone, sand and gravel used in infrastructure, commercial, residential and industrial construction projects.

Its products and services also include cement, ready-mixed concrete, asphalt and paving materials. Martin Marietta serves customers involved in roads, bridges, airports, buildings and other essential infrastructure, with operations concentrated across several regions of the United States.

The company was established in 1993 as an independent, publicly traded materials business formed from the construction materials operations of Martin Marietta Corporation.

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