Martin Marietta Materials, Inc. $MLM Shares Sold by Kornitzer Capital Management Inc. KS

Key Points

• Kornitzer Capital reduced its stake in Martin Marietta by 25.4% in Q4, selling 12,220 shares and ending the period with 35,848 shares worth $22.32M (about 0.06% of the company), while institutional investors own roughly 95.04% of MLM stock.
• Martin Marietta reported Q1 revenue up about 17.2% year‑over‑year with EPS of $1.93 beating estimates, and reaffirmed its 2026 adjusted EBITDA guidance at a $2.43B midpoint, noting the Quikrete integration is running ahead of plan.
• Analysts hold a consensus rating of Moderate Buy with an average target of $693.06; shares trade near $615, the company has a $37.06B market cap, and it pays a $0.83 quarterly dividend (0.5% yield).

Kornitzer Capital Management Inc. KS lessened its stake in Martin Marietta Materials, Inc. (NYSE:MLM - Free Report) by 25.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 35,848 shares of the construction company's stock after selling 12,220 shares during the quarter. Kornitzer Capital Management Inc. KS owned about 0.06% of Martin Marietta Materials worth $22,321,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Schear Investment Advisers LLC increased its holdings in shares of Martin Marietta Materials by 0.6% in the third quarter. Schear Investment Advisers LLC now owns 2,731 shares of the construction company's stock valued at $1,721,000 after purchasing an additional 16 shares during the last quarter. Ashton Thomas Private Wealth LLC grew its position in Martin Marietta Materials by 3.9% in the fourth quarter. Ashton Thomas Private Wealth LLC now owns 424 shares of the construction company's stock worth $264,000 after acquiring an additional 16 shares during the period. Daymark Wealth Partners LLC grew its position in Martin Marietta Materials by 3.9% in the third quarter. Daymark Wealth Partners LLC now owns 448 shares of the construction company's stock worth $283,000 after acquiring an additional 17 shares during the period. Ritholtz Wealth Management grew its position in Martin Marietta Materials by 2.9% in the third quarter. Ritholtz Wealth Management now owns 646 shares of the construction company's stock worth $407,000 after acquiring an additional 18 shares during the period. Finally, Fiduciary Alliance LLC grew its position in Martin Marietta Materials by 2.6% in the fourth quarter. Fiduciary Alliance LLC now owns 702 shares of the construction company's stock worth $437,000 after acquiring an additional 18 shares during the period. Institutional investors and hedge funds own 95.04% of the company's stock.

Trending Headlines about 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

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on MLM. Stephens lowered their price objective on Martin Marietta Materials from $740.00 to $735.00 and set an "overweight" rating for the company in a research report on Friday, February 13th. Loop Capital lowered Martin Marietta Materials from a "buy" rating to a "hold" rating and set a $690.00 price objective for the company. in a research report on Wednesday, January 28th. Zacks Research upgraded Martin Marietta Materials from a "strong sell" rating to a "hold" rating in a research report on Monday, April 13th. DA Davidson set a $680.00 price objective on Martin Marietta Materials in a research report on Thursday, February 12th. Finally, Wall Street Zen upgraded Martin Marietta Materials from a "sell" rating to a "hold" rating in a research report on Saturday. Nine analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, Martin Marietta Materials currently has a consensus rating of "Moderate Buy" and an average target price of $693.06.

Martin Marietta Materials Trading Down 0.7%

MLM opened at $615.00 on Friday. Martin Marietta Materials, Inc. has a 52 week low of $527.72 and a 52 week high of $710.97. The business has a fifty day simple moving average of $615.35 and a 200-day simple moving average of $628.11. The firm has a market cap of $37.06 billion, a P/E ratio of 32.71, a P/E/G ratio of 2.32 and a beta of 1.13. The company has a quick ratio of 2.36, a current ratio of 2.28 and a debt-to-equity ratio of 0.47.

Martin Marietta Materials (NYSE:MLM - Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The construction company reported $1.93 EPS for the quarter, topping the consensus estimate of $1.78 by $0.15. Martin Marietta Materials had a return on equity of 10.27% and a net margin of 38.67%.The business had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.31 billion. During the same period last year, the business posted $1.90 earnings per share. The company's quarterly revenue was up 17.2% on a year-over-year basis. On average, equities analysts expect that Martin Marietta Materials, Inc. will post 19.07 earnings per share for the current year.

Martin Marietta Materials Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 2nd were given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Monday, March 2nd. Martin Marietta Materials's dividend payout ratio (DPR) is currently 17.66%.

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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