M&G PLC Trims Position in Martin Marietta Materials, Inc. $MLM

M&G PLC decreased its position in shares of Martin Marietta Materials, Inc. (NYSE:MLM) by 4.8% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 60,657 shares of the construction company’s stock after selling 3,049 shares during the quarter. M&G PLC owned approximately 0.10% of Martin Marietta Materials worth $38,214,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of MLM. Atika Capital Management LLC increased its position in Martin Marietta Materials by 30.4% during the second quarter. Atika Capital Management LLC now owns 72,533 shares of the construction company’s stock valued at $39,818,000 after acquiring an additional 16,900 shares during the last quarter. Atlantic Union Bankshares Corp lifted its holdings in shares of Martin Marietta Materials by 321.8% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 3,817 shares of the construction company’s stock worth $2,406,000 after acquiring an additional 2,912 shares during the last quarter. HB Wealth Management LLC boosted its stake in shares of Martin Marietta Materials by 78.5% during the 3rd quarter. HB Wealth Management LLC now owns 8,008 shares of the construction company’s stock worth $5,048,000 after purchasing an additional 3,522 shares during the period. National Pension Service grew its holdings in Martin Marietta Materials by 1.0% during the 3rd quarter. National Pension Service now owns 84,820 shares of the construction company’s stock valued at $53,460,000 after purchasing an additional 843 shares during the last quarter. Finally, Fenimore Asset Management Inc raised its position in Martin Marietta Materials by 0.9% in the 3rd quarter. Fenimore Asset Management Inc now owns 89,657 shares of the construction company’s stock worth $56,509,000 after purchasing an additional 807 shares during the period. Institutional investors own 95.04% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Royal Bank Of Canada dropped their target price on Martin Marietta Materials from $605.00 to $575.00 and set a “sector perform” rating for the company in a research report on Friday. Truist Financial set a $710.00 price objective on Martin Marietta Materials in a research report on Thursday. Weiss Ratings reiterated a “buy (b-)” rating on shares of Martin Marietta Materials in a research note on Thursday, January 22nd. UBS Group boosted their target price on shares of Martin Marietta Materials from $705.00 to $723.00 and gave the company a “buy” rating in a research note on Friday, November 7th. Finally, Morgan Stanley upped their price target on shares of Martin Marietta Materials from $660.00 to $690.00 and gave the stock an “overweight” rating in a report on Monday, December 22nd. Nine equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $689.69.

Martin Marietta Materials Price Performance

Shares of MLM opened at $679.34 on Monday. The company has a 50 day moving average price of $646.60 and a 200-day moving average price of $626.35. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.36 and a current ratio of 3.57. The stock has a market capitalization of $40.97 billion, a PE ratio of 36.13, a PEG ratio of 2.54 and a beta of 1.16. Martin Marietta Materials, Inc. has a fifty-two week low of $441.95 and a fifty-two week high of $710.97.

Martin Marietta Materials (NYSE:MLM) last announced its quarterly earnings results on Wednesday, February 11th. The construction company reported $4.62 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.81 by ($0.19). The company had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.66 billion. Martin Marietta Materials had a net margin of 17.38% and a return on equity of 10.86%. The company’s revenue was up 9.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $4.79 earnings per share. Equities analysts predict that Martin Marietta Materials, Inc. will post 19.53 earnings per share for the current fiscal year.

Key Stories Impacting Martin Marietta Materials

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

• Positive Sentiment: Jefferies raised its price target to $761 and maintained a Buy rating, signaling continued analyst conviction and providing upside support. Jefferies PT raise
• Positive Sentiment: Martin Marietta reiterated its strategic SOAR 2030 plan and set a 2026 adjusted EBITDA target of $2.49B, giving investors a management-provided milestone for future profitability and cash flow expectations. SOAR 2030 / EBITDA target
• Neutral Sentiment: Analyst roundup: a Benzinga/summary piece reviews views from 11 analysts — shows mixed opinions and no clear consensus, which can keep trading volatile as investors pick camps. Analyst roundup
• Neutral Sentiment: Full Q4 earnings call transcripts and highlights are available for investors parsing revenue mix, margin drivers and capital allocation commentary — useful for longer-term conviction but less likely to trigger immediate direction without new data. Earnings call transcript
• Negative Sentiment: Q4 results missed both EPS and revenue estimates and the company issued a cautious 2026 sales outlook, which triggered an initial gap down and downward pressure on the stock as investors reprice near-term growth. Earnings miss / weak outlook
• Negative Sentiment: Wells Fargo cut its target to $612 and moved to Equal Weight (larger implied downside), reflecting more cautious short-term expectations and adding selling pressure. Wells Fargo downgrade
• Negative Sentiment: Newsflow from multiple outlets emphasized the earnings miss and soft guidance, reinforcing bearish sentiment among traders focused on near-term revenue and profit trends. Coverage of selloff

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.