Rep. April McClain Delaney Unloads Martin Marietta Materials, Inc. (NYSE:MLM) Stock

Key Points

• Rep. April McClain Delaney sold $250,001–$500,000 of Martin Marietta Materials stock on August 25, according to a September 9 disclosure. She also sold holdings in several other companies, including Wabtec, Trimble, TransDigm, and STERIS.
• Martin Marietta reported quarterly revenue of $1.95 billion and EPS of $5.00, exceeding analyst expectations, while revenue rose 21% year over year. The stock opened at $503, near its one-year low of $491.61 and well below its one-year high of $710.97.
• The company raised its quarterly dividend to $0.84 per share. Analysts remain moderately bullish, with a consensus price target of $667.53, although recent ratings ranged from overweight to underweight.

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 Price Performance

Shares of NYSE:MLM opened at $503.00 on Friday. The company has a market capitalization of $30.22 billion, a PE ratio of 12.36, a price-to-earnings-growth ratio of 2.17 and a beta of 1.10. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.73 and a current ratio of 1.41. The stock has a fifty day moving average of $546.65 and a 200-day moving average of $580.07. Martin Marietta Materials, Inc. has a one year low of $491.61 and a one year high of $710.97.

Martin Marietta Materials (NYSE:MLM - Get Free Report) last announced its earnings results on Thursday, July 30th. The construction company reported $5.00 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 company had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same period in the previous year, the firm earned $5.43 earnings per share. Martin Marietta Materials's revenue for the quarter was up 21.0% compared to the same quarter last year. As a group, equities analysts anticipate that Martin Marietta Materials, Inc. will post 19.07 EPS for the current fiscal year.

Martin Marietta Materials Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.84 per share. This is a boost from Martin Marietta Materials's previous quarterly dividend of $0.83. The ex-dividend date is Tuesday, September 1st. This represents a $3.36 dividend on an annualized basis and a dividend yield of 0.7%. Martin Marietta Materials's payout ratio is currently 8.26%.

Analyst Ratings Changes

Several analysts have issued reports on MLM shares. Wells Fargo & Company upgraded Martin Marietta Materials from an "equal weight" rating to an "overweight" rating and boosted their price objective for the stock from $581.00 to $609.00 in a report on Wednesday. JPMorgan Chase & Co. raised shares of Martin Marietta Materials from a "neutral" rating to an "overweight" rating and set a $680.00 target price on the stock in a research report on Wednesday, September 2nd. Wall Street Zen lowered shares of Martin Marietta Materials from a "hold" rating to a "sell" rating in a report on Tuesday, July 28th. Sanford C. Bernstein downgraded shares of Martin Marietta Materials to an "underweight" rating in a research report on Wednesday, September 2nd. Finally, Berenberg Bank set a $556.00 price objective on shares of Martin Marietta Materials and gave the stock a "hold" rating in a research report on Tuesday, June 2nd. Twelve research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $667.53.

Institutional Investors Weigh In On Martin Marietta Materials

A number of institutional investors have recently modified their holdings of MLM. Lido Advisors LLC lifted its stake in 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 acquiring an additional 15 shares during the period. Harbour Investments Inc. increased its holdings in Martin Marietta Materials by 31.4% during the fourth quarter. Harbour Investments Inc. now owns 67 shares of the construction company's stock valued at $42,000 after buying an additional 16 shares during the period. Quadrant Capital Group LLC increased its holdings in Martin Marietta Materials by 0.8% during the fourth quarter. Quadrant Capital Group LLC now owns 2,186 shares of the construction company's stock valued at $1,361,000 after buying an additional 17 shares during the period. AMG National Trust Bank raised its stake in Martin Marietta Materials by 3.6% in the first quarter. AMG National Trust Bank now owns 495 shares of the construction company's stock worth $291,000 after buying an additional 17 shares in the last quarter. Finally, Snowden Capital Advisors LLC lifted its holdings in Martin Marietta Materials by 1.9% during the second quarter. Snowden Capital Advisors LLC now owns 970 shares of the construction company's stock worth $533,000 after buying an additional 18 shares during the period. Institutional investors and hedge funds 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.