Glenmede Trust Co. NA Reduces Position in Martin Marietta Materials, Inc. $MLM

Glenmede Trust Co. NA lowered its stake in Martin Marietta Materials, Inc. (NYSE:MLM) by 4.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 84,752 shares of the construction company’s stock after selling 4,278 shares during the period. Glenmede Trust Co. NA’s holdings in Martin Marietta Materials were worth $49,892,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Victory Capital Management Inc. grew its holdings in shares of Martin Marietta Materials by 51.8% during the fourth quarter. Victory Capital Management Inc. now owns 2,448,928 shares of the construction company’s stock valued at $1,524,853,000 after buying an additional 836,120 shares during the last quarter. Bank of America Corp DE raised its stake in Martin Marietta Materials by 0.9% in the 1st quarter. Bank of America Corp DE now owns 2,399,779 shares of the construction company’s stock worth $1,412,702,000 after acquiring an additional 21,310 shares during the last quarter. Geode Capital Management LLC raised its stake in Martin Marietta Materials by 0.7% in the 4th quarter. Geode Capital Management LLC now owns 1,553,364 shares of the construction company’s stock worth $963,406,000 after acquiring an additional 10,743 shares during the last quarter. Morgan Stanley lifted its position in Martin Marietta Materials by 5.3% during the 4th quarter. Morgan Stanley now owns 1,367,016 shares of the construction company’s stock worth $851,188,000 after acquiring an additional 68,382 shares during the period. Finally, Invesco Ltd. lifted its position in Martin Marietta Materials by 9.3% during the 4th quarter. Invesco Ltd. now owns 769,904 shares of the construction company’s stock worth $479,389,000 after acquiring an additional 65,623 shares during the period. 95.04% of the stock is currently owned by institutional investors and hedge funds.

Martin Marietta Materials Price Performance

Shares of MLM opened at $526.13 on Friday. The business’s 50-day moving average is $577.73 and its two-hundred day moving average is $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 issued its quarterly earnings data on Thursday, July 30th. The construction company reported $5.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.76 by $0.24. Martin Marietta Materials had a return on equity of 9.49% and a net margin of 36.73%.The business had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.87 billion. During the same quarter in the previous year, the firm posted $5.43 EPS. The company’s revenue for the quarter was up 21.0% on a year-over-year basis. Research analysts predict that Martin Marietta Materials, Inc. will post 19.43 earnings per share for the current year.

Martin Marietta Materials Announces Dividend

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

Trending Headlines about Martin Marietta Materials

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

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Wells Fargo & Company cut their price objective on Martin Marietta Materials from $616.00 to $581.00 and set an “equal weight” rating on the stock in a report on Friday. JPMorgan Chase & Co. decreased their target price on Martin Marietta Materials from $700.00 to $680.00 and set a “neutral” rating for the company in a report on Friday. Stephens dropped their target price on Martin Marietta Materials from $700.00 to $680.00 and set an “overweight” rating on the stock in a research report on Friday. Royal Bank Of Canada dropped their target price on Martin Marietta Materials from $630.00 to $615.00 and set a “sector perform” rating on the stock in a research report on Monday, May 4th. Finally, Truist Financial increased their price target on shares of Martin Marietta Materials from $710.00 to $730.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Eleven equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $674.18.

About Martin Marietta Materials

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.