Martin Marietta Materials, Inc. $MLM Shares Acquired by Strs Ohio

Key Points

• Strs Ohio increased its stake in Martin Marietta by 7.8% in Q4 to 49,736 shares, representing roughly 0.08% ownership and about $30.97 million in value at period end.
• Martin Marietta beat Q1 estimates with EPS of $1.93 and revenue of $1.36 billion (revenue up ~17.2% YoY) and reaffirmed 2026 adjusted EBITDA guidance at a $2.43B midpoint, noting the Quikrete integration is running ahead of plan.
• Analyst sentiment is broadly constructive with a consensus rating of “Moderate Buy” and a consensus price target of $693.06, though individual targets and ratings vary (Citigroup raised its target to $804 while others range between Hold and Buy).

Strs Ohio boosted its stake in shares of Martin Marietta Materials, Inc. (NYSE:MLM - Free Report) by 7.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 49,736 shares of the construction company's stock after purchasing an additional 3,602 shares during the quarter. Strs Ohio owned approximately 0.08% of Martin Marietta Materials worth $30,969,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Atlantic Union Bankshares Corp increased its position in shares of Martin Marietta Materials by 321.8% during the third quarter. Atlantic Union Bankshares Corp now owns 3,817 shares of the construction company's stock worth $2,406,000 after acquiring an additional 2,912 shares in the last quarter. National Pension Service raised its holdings in shares of Martin Marietta Materials by 1.0% during the third quarter. National Pension Service now owns 84,820 shares of the construction company's stock worth $53,460,000 after acquiring an additional 843 shares during the period. HB Wealth Management LLC lifted its position in Martin Marietta Materials by 78.5% in the 3rd quarter. HB Wealth Management LLC now owns 8,008 shares of the construction company's stock valued at $5,048,000 after acquiring an additional 3,522 shares in the last quarter. Caprock Group LLC acquired a new position in Martin Marietta Materials in the 3rd quarter worth $1,605,000. Finally, Border to Coast Pensions Partnership Ltd boosted its stake in Martin Marietta Materials by 4.8% in the 3rd quarter. Border to Coast Pensions Partnership Ltd now owns 80,587 shares of the construction company's stock worth $50,792,000 after purchasing an additional 3,721 shares during the period. 95.04% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have issued reports on MLM. Stephens dropped their price target on Martin Marietta Materials from $740.00 to $735.00 and set an "overweight" rating on the stock in a research note on Friday, February 13th. Zacks Research raised Martin Marietta Materials from a "strong sell" rating to a "hold" rating in a research report on Monday, April 13th. Wall Street Zen upgraded Martin Marietta Materials from a "sell" rating to a "hold" rating in a report on Saturday. Citigroup lifted their target price on Martin Marietta Materials from $780.00 to $804.00 and gave the company a "buy" rating in a research report on Monday, March 2nd. Finally, B. Riley Financial upgraded Martin Marietta Materials from a "neutral" rating to a "buy" rating and set a $700.00 target price on the stock in a research note on Thursday, April 2nd. Nine research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company's stock. Based on data from MarketBeat, Martin Marietta Materials presently has a consensus rating of "Moderate Buy" and a consensus price target of $693.06.

Martin Marietta Materials Stock Performance

MLM opened at $615.00 on Friday. The business's 50-day simple moving average is $615.35 and its 200 day simple moving average is $628.02. Martin Marietta Materials, Inc. has a 52-week low of $527.72 and a 52-week high of $710.97. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.36 and a current ratio of 2.28. The firm has a market capitalization of $37.06 billion, a PE ratio of 14.66, a PEG ratio of 2.31 and a beta of 1.13.

Martin Marietta Materials (NYSE:MLM - Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The construction company reported $1.93 earnings per share for the quarter, beating analysts' consensus estimates of $1.78 by $0.15. The firm had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.31 billion. Martin Marietta Materials had a return on equity of 10.27% and a net margin of 38.67%.The business's revenue was up 17.2% compared to the same quarter last year. During the same period last year, the company earned $1.90 earnings per share. As a group, sell-side analysts expect that Martin Marietta Materials, Inc. will post 19.2 earnings per share for the current fiscal year.

Martin Marietta Materials Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 2nd were paid a $0.83 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $3.32 annualized dividend and a dividend yield of 0.5%. Martin Marietta Materials's dividend payout ratio (DPR) is currently 7.91%.

Key Stories Impacting Martin Marietta Materials

Here are the key news stories impacting Martin Marietta Materials this week:

• Positive Sentiment: Martin Marietta reaffirmed its 2026 adjusted EBITDA guidance at a $2.43B midpoint and said the Quikrete integration is running ahead of plan — this supports the company’s near‑term earnings outlook and inorganic growth plans. Martin Marietta reaffirms 2026 adjusted EBITDA guidance
• Positive Sentiment: Q1 results showed revenue growth of ~17% and EPS of $1.93, beating consensus — driven by strong pricing and infrastructure demand, which supports revenue momentum. Martin Marietta Reports First-Quarter 2026 Results
• Neutral Sentiment: The company completed an asset exchange with QUIKRETE and signed a definitive agreement to acquire New Frontier Materials — strategic moves that expand footprint but add integration execution risk and near-term costs. Martin Marietta Reports First-Quarter 2026 Results
• Neutral Sentiment: Wells Fargo nudged its price target to $614 but kept an "equal weight" rating — a very modest lift to guidance but no upgrade in conviction from a major shop. Wells Fargo price target update
• Neutral Sentiment: Management published the Q1 earnings call transcript and presentation — useful for detail on volumes, regional trends and integration costs but not a new catalyst by itself. Q1 2026 Earnings Call Transcript
• Negative Sentiment: Analysts and coverage noted margin pressure from rising costs and some earnings-model noise — several writeups flagged that higher input and integration costs could weigh on margins even as revenues grow. Zacks note on margin pressure

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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