Montag A & Associates Inc. Decreases Stock Position in Martin Marietta Materials, Inc. $MLM

Key Points

• Montag A & Associates cut its stake by 35.8% in the fourth quarter, selling 1,693 shares and leaving it with 3,040 shares of Martin Marietta worth $1.893 million.
• Martin Marietta beat Q1 estimates with EPS of $1.93 (vs. $1.78) and revenue of $1.36 billion (+17.2% YoY), and reaffirmed 2026 adjusted EBITDA guidance at a $2.43 billion midpoint while saying the Quikrete integration is running ahead of plan.
• Institutional ownership is very high (95.04%), analysts have an average "Moderate Buy" rating with a $693.06 price target, and the company pays an annualized dividend of $3.32 (≈0.5% yield).

Montag A & Associates Inc. reduced its position in Martin Marietta Materials, Inc. (NYSE:MLM - Free Report) by 35.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,040 shares of the construction company's stock after selling 1,693 shares during the period. Montag A & Associates Inc.'s holdings in Martin Marietta Materials were worth $1,893,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in Martin Marietta Materials by 1.3% in the 3rd quarter. Vanguard Group Inc. now owns 7,442,945 shares of the construction company's stock worth $4,691,139,000 after acquiring an additional 93,595 shares during the last quarter. Bank of America Corp DE raised its holdings in Martin Marietta Materials by 1.1% in the 3rd quarter. Bank of America Corp DE now owns 2,365,832 shares of the construction company's stock worth $1,491,136,000 after acquiring an additional 25,155 shares during the last quarter. Principal Financial Group Inc. raised its holdings in Martin Marietta Materials by 9.6% in the 3rd quarter. Principal Financial Group Inc. now owns 2,204,425 shares of the construction company's stock worth $1,389,428,000 after acquiring an additional 192,637 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Martin Marietta Materials by 1.2% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 411,482 shares of the construction company's stock worth $259,344,000 after acquiring an additional 5,038 shares during the last quarter. Finally, Raymond James Financial Inc. raised its holdings in Martin Marietta Materials by 1.2% in the 3rd quarter. Raymond James Financial Inc. now owns 352,294 shares of the construction company's stock worth $222,044,000 after acquiring an additional 4,071 shares during the last quarter. 95.04% of the stock is currently owned by hedge funds and other institutional investors.

Martin Marietta Materials Price Performance

Shares of MLM opened at $615.00 on Monday. The firm has a market cap of $37.06 billion, a PE ratio of 14.66, a P/E/G ratio of 2.29 and a beta of 1.13. The company has a current ratio of 2.28, a quick ratio of 1.11 and a debt-to-equity ratio of 0.47. The firm has a fifty day simple moving average of $615.35 and a two-hundred day simple moving average of $627.82. Martin Marietta Materials, Inc. has a 1-year low of $527.72 and a 1-year high of $710.97.

Martin Marietta Materials (NYSE:MLM - Get Free Report) last announced its 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 business had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.31 billion. Martin Marietta Materials had a net margin of 38.67% and a return on equity of 10.27%. The company's quarterly revenue was up 17.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.90 EPS. On average, equities analysts anticipate that Martin Marietta Materials, Inc. will post 19.2 EPS for the current year.

Martin Marietta Materials Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 2nd were paid a dividend of $0.83 per share. The ex-dividend date was Monday, March 2nd. This represents a $3.32 dividend on an annualized basis and a yield of 0.5%. Martin Marietta Materials's payout ratio is currently 7.91%.

Analyst Upgrades and Downgrades

MLM has been the subject of a number of recent analyst reports. Royal Bank Of Canada restated a "sector perform" rating and issued a $630.00 price objective on shares of Martin Marietta Materials in a report on Thursday, February 26th. Zacks Research upgraded shares of Martin Marietta Materials from a "strong sell" rating to a "hold" rating in a report on Monday, April 13th. Stephens decreased their target price on shares of Martin Marietta Materials from $740.00 to $735.00 and set an "overweight" rating for the company in a research note on Friday, February 13th. Weiss Ratings lowered shares of Martin Marietta Materials from a "hold (c+)" rating to a "hold (c)" rating in a research note on Friday. Finally, B. Riley Financial upgraded shares of Martin Marietta Materials from a "neutral" rating to a "buy" rating and set a $700.00 target price for the company in a research note on Thursday, April 2nd. Nine analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, Martin Marietta Materials currently has an average rating of "Moderate Buy" and an average price target of $693.06.

Key Martin Marietta Materials News

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 Company 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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