Representative April McClain Delaney (Democratic-Maryland) recently sold shares of Martin Marietta Materials, Inc. (NYSE:MLM). In a filing disclosed on September 09th, the Representative disclosed that they had sold between $250,001 and $500,000 in Martin Marietta Materials stock on August 25th.
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 traded up $7.99 during trading hours on Friday, reaching $510.46. 711,443 shares of the company traded hands, compared to its average volume of 657,119. Martin Marietta Materials, Inc. has a 12 month low of $491.61 and a 12 month high of $710.97. The company has a quick ratio of 0.73, a current ratio of 1.41 and a debt-to-equity ratio of 0.44. The company’s fifty day moving average price is $544.86 and its two-hundred day moving average price is $579.58. The company has a market capitalization of $30.66 billion, a price-to-earnings ratio of 12.54, a price-to-earnings-growth ratio of 2.17 and a beta of 1.10.
Martin Marietta Materials Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 1st will be given a $0.84 dividend. 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%. This is a positive change from Martin Marietta Materials’s previous quarterly dividend of $0.83. Martin Marietta Materials’s dividend payout ratio is 8.26%.
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on MLM shares. Morgan Stanley dropped their price target on Martin Marietta Materials from $664.00 to $639.00 and set an “overweight” rating on the stock in a research report on Thursday, August 13th. JPMorgan Chase & Co. upgraded Martin Marietta Materials from a “neutral” rating to an “overweight” rating and set a $680.00 price objective for the company in a report on Wednesday, September 2nd. DA Davidson began coverage on Martin Marietta Materials in a research report on Monday, August 24th. They set a “neutral” rating and a $625.00 price objective for the company. Oppenheimer assumed coverage on shares of Martin Marietta Materials in a report on Thursday, May 28th. They set a “market perform” rating on the stock. Finally, Weiss Ratings downgraded shares of Martin Marietta Materials from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, September 3rd. Twelve analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Martin Marietta Materials has an average rating of “Moderate Buy” and an average target price of $667.53.
Get Our Latest Report on Martin Marietta Materials
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in MLM. CoreCap Advisors LLC raised its holdings in Martin Marietta Materials by 370.0% in the second quarter. CoreCap Advisors LLC now owns 47 shares of the construction company’s stock worth $27,000 after buying an additional 37 shares during the last quarter. Meeder Asset Management Inc. increased its position in shares of Martin Marietta Materials by 67.9% during the first quarter. Meeder Asset Management Inc. now owns 47 shares of the construction company’s stock valued at $28,000 after acquiring an additional 19 shares in the last quarter. Garton & Associates Financial Advisors LLC purchased a new position in Martin Marietta Materials in the 4th quarter worth approximately $31,000. Reflection Asset Management purchased a new position in Martin Marietta Materials in the 4th quarter worth approximately $35,000. Finally, Osterweis Capital Management Inc. bought a new position in Martin Marietta Materials in the 2nd quarter valued at approximately $37,000. Hedge funds and other institutional investors own 95.04% of the company’s stock.
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.
Martin Marietta Materials Company Profile
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.
See Also
- Five stocks we like better than Martin Marietta Materials
- Block Makes a Federal Trust Bank Move That Could Reshape Its Fintech Model
- Kroger’s Textbook Entry for Buy-and-Hold Investors
- AST SpaceMobile Looks to Extend Its 30-Day FCC Satellite Testing Window
- Amgen Drops 10% on a Trial It Didn’t Even Run
Receive News & Ratings for Martin Marietta Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Martin Marietta Materials and related companies with MarketBeat.com's FREE daily email newsletter.
