Kestra Private Wealth Services LLC grew its holdings in shares of Martin Marietta Materials, Inc. (NYSE:MLM – Free Report) by 92.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,842 shares of the construction company’s stock after buying an additional 887 shares during the period. Kestra Private Wealth Services LLC’s holdings in Martin Marietta Materials were worth $1,147,000 as of its most recent SEC filing.
Several other hedge funds have also recently made changes to their positions in MLM. Integrated Wealth Concepts LLC increased its stake in shares of Martin Marietta Materials by 6.6% during the first quarter. Integrated Wealth Concepts LLC now owns 794 shares of the construction company’s stock valued at $379,000 after buying an additional 49 shares during the period. Empowered Funds LLC increased its stake in shares of Martin Marietta Materials by 11.4% during the first quarter. Empowered Funds LLC now owns 1,408 shares of the construction company’s stock valued at $673,000 after buying an additional 144 shares during the period. Sivia Capital Partners LLC increased its stake in shares of Martin Marietta Materials by 11.1% during the second quarter. Sivia Capital Partners LLC now owns 510 shares of the construction company’s stock valued at $280,000 after buying an additional 51 shares during the period. EverSource Wealth Advisors LLC increased its stake in shares of Martin Marietta Materials by 205.9% during the second quarter. EverSource Wealth Advisors LLC now owns 260 shares of the construction company’s stock valued at $143,000 after buying an additional 175 shares during the period. Finally, Cresset Asset Management LLC boosted its position in shares of Martin Marietta Materials by 22.6% during the second quarter. Cresset Asset Management LLC now owns 777 shares of the construction company’s stock valued at $427,000 after purchasing an additional 143 shares in the last quarter. 95.04% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of brokerages have recently commented on MLM. Barclays dropped their target price on shares of Martin Marietta Materials from $675.00 to $640.00 and set an “overweight” rating on the stock in a report on Tuesday, March 31st. Wells Fargo & Company lifted their price objective on Martin Marietta Materials from $608.00 to $614.00 and gave the company an “equal weight” rating in a research note on Friday. Weiss Ratings cut Martin Marietta Materials from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday. Citigroup lifted their price objective on Martin Marietta Materials from $780.00 to $804.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. Finally, B. Riley Financial upgraded Martin Marietta Materials from a “neutral” rating to a “buy” rating and set a $700.00 price objective for the company in a research note on Thursday, April 2nd. Nine research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $693.06.
Key Stories Impacting 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%
Martin Marietta Materials stock opened at $615.00 on Friday. The firm has a market cap of $37.06 billion, a price-to-earnings ratio of 14.66, a PEG ratio of 2.31 and a beta of 1.13. The stock has a fifty day simple moving average of $615.35 and a two-hundred day simple moving average of $628.02. Martin Marietta Materials, Inc. has a 12 month low of $527.72 and a 12 month high of $710.97. The company has a current ratio of 2.28, a quick ratio of 2.36 and a debt-to-equity ratio of 0.47.
Martin Marietta Materials (NYSE:MLM – Get Free Report) last posted its earnings results on Thursday, April 30th. The construction company reported $1.93 EPS for the quarter, topping 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 return on equity of 10.27% and a net margin of 38.67%.The company’s quarterly revenue was up 17.2% compared to the same quarter last year. During the same quarter last year, the company earned $1.90 EPS. Equities analysts predict that Martin Marietta Materials, Inc. will post 19.2 EPS for the current fiscal year.
Martin Marietta Materials Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 2nd were issued a $0.83 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.5%. Martin Marietta Materials’s dividend payout ratio (DPR) is presently 7.91%.
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.
See Also
Want to see what other hedge funds are holding MLM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Martin Marietta Materials, Inc. (NYSE:MLM – Free Report).
Receive News & Ratings for Martin Marietta Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Martin Marietta Materials and related companies with MarketBeat.com's FREE daily email newsletter.
