Rep. Val T. Hoyle Sells Off Shares of Martin Marietta Materials, Inc. (NYSE:MLM)

Key Points

• Representative Val T. Hoyle sold between $1,001 and $15,000 in shares of Martin Marietta Materials, Inc. (NYSE: MLM) on September 23rd, as disclosed on October 10th.
• Martin Marietta Materials reported $5.43 earnings per share for the last quarter, missing the consensus estimate of $5.44 by just $0.01.
• The company recently increased its quarterly dividend to $0.83 per share, up from $0.79, resulting in a dividend yield of 0.5%.

Representative Val T. Hoyle (D-Oregon) recently sold shares of Martin Marietta Materials, Inc. NYSE: MLM. In a filing disclosed on October 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Martin Marietta Materials stock on September 23rd. The trade occurred in the Representative's "FIDELITY ROLLOVER IRA" account.

Representative Val T. Hoyle also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Marriott International NASDAQ: MAR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Transdigm Group NYSE: TDG on 9/23/2025.
• Sold $1,001 - $15,000 in shares of H&R Block NYSE: HRB on 9/23/2025.
• Sold $1,001 - $15,000 in shares of NIKE NYSE: NKE on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Bank of New York Mellon NYSE: BK on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Cisco Systems NASDAQ: CSCO on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Capital One Financial NYSE: COF on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Pentair NYSE: PNR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Heico NYSE: HEI.A on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Target NYSE: TGT on 9/23/2025.

Martin Marietta Materials Price Performance

Shares of NYSE MLM opened at $632.22 on Friday. The firm's 50-day moving average price is $615.86 and its 200-day moving average price is $562.78. Martin Marietta Materials, Inc. has a 1-year low of $441.95 and a 1-year high of $640.00. The firm has a market capitalization of $38.13 billion, a P/E ratio of 35.06, a P/E/G ratio of 5.75 and a beta of 1.01. The company has a current ratio of 2.35, a quick ratio of 1.21 and a debt-to-equity ratio of 0.56.

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

Martin Marietta Materials Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 2nd were issued a dividend of $0.83 per share. This is an increase from Martin Marietta Materials's previous quarterly dividend of $0.79. This represents a $3.32 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Tuesday, September 2nd. Martin Marietta Materials's dividend payout ratio (DPR) is currently 18.41%.

Institutional Investors Weigh In On Martin Marietta Materials

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. NBC Securities Inc. bought a new position in shares of Martin Marietta Materials during the 1st quarter valued at approximately $67,000. Wedmont Private Capital grew its position in shares of Martin Marietta Materials by 14.6% during the 1st quarter. Wedmont Private Capital now owns 612 shares of the construction company's stock valued at $301,000 after acquiring an additional 78 shares during the period. Farther Finance Advisors LLC grew its position in shares of Martin Marietta Materials by 34.7% during the 1st quarter. Farther Finance Advisors LLC now owns 423 shares of the construction company's stock valued at $205,000 after acquiring an additional 109 shares during the period. Pallas Capital Advisors LLC bought a new position in shares of Martin Marietta Materials during the 1st quarter valued at approximately $251,000. Finally, GAMMA Investing LLC grew its position in shares of Martin Marietta Materials by 22.7% during the 1st quarter. GAMMA Investing LLC now owns 1,459 shares of the construction company's stock valued at $698,000 after acquiring an additional 270 shares during the period. Hedge funds and other institutional investors own 95.04% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Raymond James Financial upped their price objective on shares of Martin Marietta Materials from $600.00 to $645.00 and gave the company an "outperform" rating in a report on Friday, August 8th. Weiss Ratings restated a "buy (b-)" rating on shares of Martin Marietta Materials in a report on Wednesday. Stephens restated an "overweight" rating and issued a $700.00 target price on shares of Martin Marietta Materials in a report on Monday, August 4th. DA Davidson upped 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. Finally, Morgan Stanley upped their target price on shares of Martin Marietta Materials from $576.00 to $605.00 and gave the stock an "overweight" rating in a report on Monday, July 28th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Martin Marietta Materials has an average rating of "Moderate Buy" and an average price target of $621.69.

Insider Buying and Selling at Martin Marietta Materials

In other news, Director Laree E. Perez sold 1,038 shares of the stock in a transaction that occurred on Friday, August 8th. The shares were sold at an average price of $613.32, for a total transaction of $636,626.16. Following the completion of the transaction, the director directly owned 15,417 shares of the company's stock, valued at $9,455,554.44. This represents a 6.31% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.69% of the stock is owned by corporate insiders.

About Representative Hoyle

Val Hoyle (Democratic Party) is a member of the U.S. House, representing Oregon's 4th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. Hoyle (Democratic Party) is running for re-election to the U.S. House to represent Oregon's 4th Congressional District. She declared candidacy for the 2026 election. Val Hoyle was born in California and lives in Springfield, Oregon. Hoyle graduated from Merrimack High School. She earned a B.A. in political science from Emmanuel College in 1992. Her career experience includes working as a director at United Way of Lane County, a policy fellow at Wayne Morse Center for Law and Politics, and a commissioner at the Oregon Bureau of Labor and Industries. Hoyle has also worked in domestic and international sales, as well as manufacturing distribution.

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.

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