MQS Management LLC bought a new stake in shares of Martin Marietta Materials, Inc. (NYSE:MLM – Free Report) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 869 shares of the construction company’s stock, valued at approximately $512,000.
Other large investors have also recently made changes to their positions in the company. Premier Path Wealth Partners LLC raised its stake in Martin Marietta Materials by 4.3% during the first quarter. Premier Path Wealth Partners LLC now owns 941 shares of the construction company’s stock valued at $554,000 after purchasing an additional 39 shares in the last quarter. SJS Investment Consulting Inc. grew its stake in shares of Martin Marietta Materials by 213.0% during the first quarter. SJS Investment Consulting Inc. now owns 72 shares of the construction company’s stock valued at $42,000 after buying an additional 49 shares during the last quarter. Inspire Investing LLC increased its stake in Martin Marietta Materials by 9.8% in the 1st quarter. Inspire Investing LLC now owns 573 shares of the construction company’s stock worth $337,000 after buying an additional 51 shares during the period. Apollon Wealth Management LLC raised its position in Martin Marietta Materials by 6.9% during the 1st quarter. Apollon Wealth Management LLC now owns 3,004 shares of the construction company’s stock valued at $1,768,000 after purchasing an additional 195 shares in the last quarter. Finally, Pictet Asset Management Holding SA raised its holdings in shares of Martin Marietta Materials by 4.4% in the 1st quarter. Pictet Asset Management Holding SA now owns 37,286 shares of the construction company’s stock valued at $21,950,000 after purchasing an additional 1,577 shares in the last quarter. 95.04% of the stock is owned by institutional investors.
Martin Marietta Materials Price Performance
MLM stock opened at $575.74 on Wednesday. Martin Marietta Materials, Inc. has a 12-month low of $525.38 and a 12-month high of $710.97. The company has a market cap of $34.57 billion, a price-to-earnings ratio of 13.72, a PEG ratio of 2.47 and a beta of 1.10. The company has a current ratio of 2.28, a quick ratio of 1.11 and a debt-to-equity ratio of 0.47. The firm has a 50 day moving average of $586.45 and a 200-day moving average of $617.60.
Martin Marietta Materials Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 1st were paid 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 yield of 0.6%. Martin Marietta Materials’s payout ratio is presently 7.91%.
Analyst Upgrades and Downgrades
A number of equities analysts have recently issued reports on the company. Royal Bank Of Canada reduced their price target 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. Truist Financial boosted their price objective on Martin Marietta Materials from $710.00 to $730.00 and gave the company a “buy” rating in a research report on Monday, May 4th. Morgan Stanley dropped their target price on shares of Martin Marietta Materials from $702.00 to $664.00 and set an “overweight” rating for the company in a report on Monday, April 6th. UBS Group set a $739.00 price objective on shares of Martin Marietta Materials in a research report on Sunday, May 10th. Finally, Raymond James Financial reissued an “outperform” rating on shares of Martin Marietta Materials in a research note on Monday. Eleven analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $681.94.
View Our Latest Research Report on MLM
Martin Marietta Materials News Roundup
Here are the key news stories impacting Martin Marietta Materials this week:
- Positive Sentiment: The Lhoist acquisition could deepen Martin Marietta’s exposure to lime and limestone, expand its materials platform, and create roughly $85 million in run-rate cost synergies after closing. Martin Marietta to Combine with Lhoist North America in 13.5 Billion Transaction
- Positive Sentiment: Management said the deal is expected to be accretive to earnings and margins in the first full year after closing, which could support longer-term value creation if integration goes smoothly. Will the Lhoist Acquisition Strengthen Martin Marietta’s Market Lead?
- Neutral Sentiment: The transaction is not expected to close until the second half of 2026 and still needs regulatory approval, leaving uncertainty around timing and completion. Martin Marietta to combine with Lhoist North America in 13.5 billion deal, WSJ reports
- Negative Sentiment: Shares fell as investors worried the large cash-and-stock structure could dilute existing holders and push leverage higher in the near term. Martin Marietta Materials Inc Shares Fall 5.7% — What GF Score of 91 Tells Investors
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.
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