Rep. April McClain Delaney Sells Off Shares of Martin Marietta Materials, Inc. (NYSE:MLM)

Key Points

• Representative April McClain Delaney disclosed the sale of shares of Martin Marietta Materials, Inc. (NYSE:MLM), with transactions involving amounts between $1,001 and $15,000.
• Martin Marietta Materials reported a quarterly EPS of $5.43, missing the consensus estimate, with a revenue of $1.81 billion for the quarter.
• The company also increased its quarterly dividend to $0.83 per share, representing an annualized yield of 0.5% and reflecting a rise from its previous dividend of $0.79.

Representative April McClain Delaney (D-Maryland) recently sold shares of Martin Marietta Materials, Inc. NYSE: MLM. In a filing disclosed on September 02nd, the Representative disclosed that they had sold between $1,001 and $15,000 in Martin Marietta Materials stock on August 1st.

Representative April McClain Delaney also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of BJ's Wholesale Club NYSE: BJ on 8/25/2025.
• Purchased $15,001 - $50,000 in shares of Markel Group NYSE: MKL on 8/21/2025.
• Sold $15,001 - $50,000 in shares of Dayforce NYSE: DAY on 8/19/2025.
• Sold $1,001 - $15,000 in shares of Viking NYSE: VIK on 8/13/2025.
• Sold $15,001 - $50,000 in shares of Core & Main NYSE: CNM on 8/11/2025.
• Purchased $1,001 - $15,000 in shares of Jones Lang LaSalle NYSE: JLL on 8/7/2025.
• Purchased $1,001 - $15,000 in shares of Markel Group NYSE: MKL on 8/7/2025.
• Sold $1,001 - $15,000 in shares of IDEXX Laboratories NASDAQ: IDXX on 8/7/2025.
• Sold $1,001 - $15,000 in shares of Clean Harbors NYSE: CLH on 8/7/2025.
• Purchased $15,001 - $50,000 in shares of Morningstar NASDAQ: MORN on 8/2/2025.

Martin Marietta Materials Trading Down 1.0%

NYSE:MLM opened at $610.07 on Thursday. The company has a quick ratio of 1.21, a current ratio of 2.35 and a debt-to-equity ratio of 0.56. Martin Marietta Materials, Inc. has a 52 week low of $441.95 and a 52 week high of $633.23. The firm has a market capitalization of $36.79 billion, a P/E ratio of 33.84, a P/E/G ratio of 5.58 and a beta of 0.94. The company has a fifty day moving average of $584.60 and a 200 day moving average of $537.45.

Martin Marietta Materials (NYSE:MLM - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The construction company reported $5.43 EPS for the quarter, missing the consensus estimate of $5.44 by ($0.01). The company had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.88 billion. Martin Marietta Materials had a return on equity of 11.88% and a net margin of 16.47%.The firm's revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter last year, the company posted $4.76 earnings per share. Martin Marietta Materials has set its FY 2025 guidance at EPS. On average, research analysts predict that Martin Marietta Materials, Inc. will post 19.53 earnings per share for the current year.

Martin Marietta Materials Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Tuesday, September 2nd will be issued a dividend of $0.83 per share. The ex-dividend date is Tuesday, September 2nd. This represents a $3.32 dividend on an annualized basis and a yield of 0.5%. This is an increase from Martin Marietta Materials's previous quarterly dividend of $0.79. Martin Marietta Materials's dividend payout ratio (DPR) is currently 17.53%.

Insider Activity

In other Martin Marietta Materials news, Director Laree E. Perez sold 1,038 shares of the firm's stock in a transaction on Friday, August 8th. The stock was sold at an average price of $613.32, for a total value of $636,626.16. Following the completion of the sale, the director directly owned 15,417 shares of the company's stock, valued at $9,455,554.44. This trade represents a 6.31% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.68% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on MLM. Royal Bank Of Canada reissued a "sector perform" rating and set a $525.00 price objective (up from $515.00) on shares of Martin Marietta Materials in a research report on Friday, August 8th. Stifel Nicolaus increased their price objective on shares of Martin Marietta Materials from $609.00 to $637.00 and gave the stock a "buy" rating in a research note on Tuesday, August 12th. Morgan Stanley raised their target price on shares of Martin Marietta Materials from $576.00 to $605.00 and gave the stock an "overweight" rating in a research note on Monday, July 28th. Raymond James Financial raised their target price on shares of Martin Marietta Materials from $600.00 to $645.00 and gave the stock an "outperform" rating in a research note on Friday, August 8th. Finally, DA Davidson boosted their target price on shares of Martin Marietta Materials from $625.00 to $700.00 and gave the stock a "buy" rating in a report on Monday, August 11th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $622.63.

Hedge Funds Weigh In On Martin Marietta Materials

Hedge funds and other institutional investors have recently bought and sold shares of the business. Sunbeam Capital Management LLC acquired a new position in Martin Marietta Materials in the 4th quarter worth approximately $235,000. Waverly Advisors LLC lifted its holdings in Martin Marietta Materials by 78.9% in the 4th quarter. Waverly Advisors LLC now owns 1,041 shares of the construction company's stock valued at $538,000 after purchasing an additional 459 shares in the last quarter. Mather Group LLC. lifted its holdings in Martin Marietta Materials by 65.5% in the 1st quarter. Mather Group LLC. now owns 278 shares of the construction company's stock valued at $133,000 after purchasing an additional 110 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in Martin Marietta Materials by 1.3% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 3,007 shares of the construction company's stock valued at $1,457,000 after purchasing an additional 40 shares in the last quarter. Finally, Vontobel Holding Ltd. increased its stake in shares of Martin Marietta Materials by 30.5% in the 1st quarter. Vontobel Holding Ltd. now owns 933 shares of the construction company's stock worth $446,000 after acquiring an additional 218 shares during the last quarter. 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.

About Martin Marietta Materials

Martin Marietta Materials, Inc, a natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally. It offers crushed stone, sand, and gravel products; ready mixed concrete and asphalt; paving products and services; and Portland and specialty cement for use in the infrastructure projects, and nonresidential and residential construction markets, as well as in the railroad, agricultural, utility, and environmental industries.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.