Wall Street Zen lowered shares of Martin Marietta Materials (NYSE:MLM – Free Report) from a hold rating to a sell rating in a research report released on Tuesday morning.
Other analysts have also recently issued reports about the stock. Citigroup lifted their target price on shares of Martin Marietta Materials from $731.00 to $737.00 and gave the company a “buy” rating in a research note on Wednesday, July 8th. Truist Financial raised their price target on shares of Martin Marietta Materials from $710.00 to $730.00 and gave the company a “buy” rating in a report on Monday, May 4th. Weiss Ratings raised shares of Martin Marietta Materials from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, June 25th. Berenberg Bank set a $556.00 price objective on shares of Martin Marietta Materials and gave the stock a “hold” rating in a report on Tuesday, June 2nd. Finally, B. Riley Financial raised shares of Martin Marietta Materials from a “neutral” rating to a “buy” rating and set a $700.00 target price on the stock in a research report on Thursday, April 2nd. Eleven research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $681.53.
Check Out Our Latest Stock Report on MLM
Martin Marietta Materials Stock Performance
Martin Marietta Materials (NYSE:MLM – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The construction company reported $5.00 EPS for the quarter, beating the consensus estimate of $4.76 by $0.24. Martin Marietta Materials had a return on equity of 10.27% and a net margin of 38.67%.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 business posted $5.43 EPS. The firm’s quarterly revenue was up 21.0% compared to the same quarter last year. Analysts predict that Martin Marietta Materials will post 19.43 earnings per share for the current fiscal year.
Martin Marietta Materials Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 1st were paid a dividend of $0.83 per share. The ex-dividend date was Monday, June 1st. This represents a $3.32 annualized dividend and a yield of 0.6%. Martin Marietta Materials’s dividend payout ratio is presently 7.91%.
Institutional Trading of Martin Marietta Materials
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Lido Advisors LLC raised its position in shares of Martin Marietta Materials by 0.8% in the fourth quarter. Lido Advisors LLC now owns 1,920 shares of the construction company’s stock worth $1,209,000 after buying an additional 15 shares in the last quarter. Ashton Thomas Private Wealth LLC grew its position in Martin Marietta Materials by 3.9% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 424 shares of the construction company’s stock worth $264,000 after buying an additional 16 shares in the last quarter. Harbour Investments Inc. increased its stake in Martin Marietta Materials by 31.4% in the 4th quarter. Harbour Investments Inc. now owns 67 shares of the construction company’s stock worth $42,000 after acquiring an additional 16 shares during the last quarter. Quadrant Capital Group LLC increased its stake in Martin Marietta Materials by 0.8% in the 4th quarter. Quadrant Capital Group LLC now owns 2,186 shares of the construction company’s stock worth $1,361,000 after acquiring an additional 17 shares during the last quarter. Finally, AMG National Trust Bank raised its holdings in shares of Martin Marietta Materials by 3.6% in the 1st quarter. AMG National Trust Bank now owns 495 shares of the construction company’s stock valued at $291,000 after acquiring an additional 17 shares in the last quarter. Institutional investors and hedge funds own 95.04% of the company’s stock.
Key Headlines Impacting 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 analysts’ approximately $1.87 billion estimate. EPS of $5.00 also beat consensus estimates ranging from $4.62 to $4.76. Record aggregates shipments and sustained infrastructure demand supported the results. Martin Marietta Reports Second-Quarter 2026 Results
- Positive Sentiment: Martin Marietta raised its full-year 2026 revenue outlook to $7.2 billion-$7.4 billion, above the roughly $7.1 billion analyst consensus, while reaffirming its adjusted EBITDA guidance. Management also expects operational-efficiency initiatives to generate $350 million in cash-flow benefits. Martin Marietta raises FY26 revenue outlook
- Neutral Sentiment: The earnings presentation and key-metric analysis indicate that shipment growth and infrastructure-related demand were major contributors to the quarter, providing evidence of healthy end-market activity but also leaving investors focused on profitability trends and forward execution. Martin Marietta 2026 Q2 results presentation
- Negative Sentiment: Despite beating expectations, quarterly EPS declined from $5.43 a year earlier to $5.00. That year-over-year earnings contraction may be tempering the market’s reaction to the revenue growth and raised outlook. Martin Marietta earnings report
- Negative Sentiment: The shares remain below their 50-day and 200-day moving averages and near the 52-week low, suggesting that investors may be demanding clearer evidence that shipment growth will translate into sustained earnings expansion.
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.
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