Jennison Associates LLC Acquires Shares of 29,930 Martin Marietta Materials, Inc. $MLM

Jennison Associates LLC acquired a new stake in Martin Marietta Materials, Inc. (NYSE:MLM) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 29,930 shares of the construction company’s stock, valued at approximately $18,636,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Optima Capital LLC acquired a new stake in Martin Marietta Materials in the 4th quarter valued at about $25,000. Quent Capital LLC acquired a new stake in Martin Marietta Materials in the 3rd quarter valued at about $26,000. KERR FINANCIAL PLANNING Corp acquired a new stake in Martin Marietta Materials in the 3rd quarter valued at about $27,000. Redmont Wealth Advisors LLC acquired a new stake in Martin Marietta Materials in the 3rd quarter valued at about $32,000. Finally, Grey Fox Wealth Advisors LLC acquired a new stake in Martin Marietta Materials in the 3rd quarter valued at about $33,000. Institutional investors and hedge funds own 95.04% of the company’s stock.

Analyst Upgrades and Downgrades

MLM has been the subject of several analyst reports. Wall Street Zen upgraded shares of Martin Marietta Materials from a “sell” rating to a “hold” rating in a research report on Saturday. Weiss Ratings cut shares of Martin Marietta Materials from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday. DA Davidson set a $680.00 price target on shares of Martin Marietta Materials in a research report on Thursday, February 12th. Citigroup lifted their price target on shares of Martin Marietta Materials from $780.00 to $804.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and set a $630.00 price target on shares of Martin Marietta Materials in a research report on Thursday, February 26th. Nine equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $693.06.

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

Martin Marietta Materials Stock Down 0.7%

Shares of NYSE:MLM opened at $615.00 on Friday. Martin Marietta Materials, Inc. has a one year low of $527.72 and a one year high of $710.97. The company has a 50 day moving average of $615.35 and a 200-day moving average of $628.02. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.28 and a quick ratio of 2.36. The stock has a market cap of $37.06 billion, a price-to-earnings ratio of 14.66, a P/E/G ratio of 2.31 and a beta of 1.13.

Martin Marietta Materials (NYSE:MLM) last issued 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. The company had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.31 billion. Martin Marietta Materials had a net margin of 38.67% and a return on equity of 10.27%. Martin Marietta Materials’s revenue was up 17.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.90 EPS. On average, sell-side analysts forecast that Martin Marietta Materials, Inc. will post 19.2 earnings per share for the current year.

Martin Marietta Materials Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 2nd were issued 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%.

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.