Royal Bank of Canada Sells 1,240 Shares of Martin Marietta Materials, Inc. $MLM

Royal Bank of Canada cut its stake in Martin Marietta Materials, Inc. (NYSE:MLM) by 0.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 158,040 shares of the construction company’s stock after selling 1,240 shares during the period. Royal Bank of Canada owned about 0.26% of Martin Marietta Materials worth $93,035,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Lido Advisors LLC boosted its stake in Martin Marietta Materials by 0.8% in the 4th quarter. Lido Advisors LLC now owns 1,920 shares of the construction company’s stock valued at $1,209,000 after buying an additional 15 shares in the last quarter. Ashton Thomas Private Wealth LLC raised its stake in Martin Marietta Materials by 3.9% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 424 shares of the construction company’s stock worth $264,000 after acquiring an additional 16 shares in the last quarter. Harbour Investments Inc. raised its stake in Martin Marietta Materials by 31.4% during the fourth quarter. Harbour Investments Inc. now owns 67 shares of the construction company’s stock worth $42,000 after acquiring an additional 16 shares in the last quarter. AMG National Trust Bank lifted its holdings in shares of Martin Marietta Materials by 3.6% during the first quarter. AMG National Trust Bank now owns 495 shares of the construction company’s stock valued at $291,000 after acquiring an additional 17 shares during the period. Finally, Quadrant Capital Group LLC lifted its holdings in shares of Martin Marietta Materials by 0.8% during the fourth quarter. Quadrant Capital Group LLC now owns 2,186 shares of the construction company’s stock valued at $1,361,000 after acquiring an additional 17 shares during the period. 95.04% of the stock is owned by institutional investors and hedge funds.

Martin Marietta Materials Trading Down 2.6%

Shares of MLM opened at $526.13 on Friday. The stock has a fifty day moving average price of $577.73 and a two-hundred day moving average price of $607.22. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.11 and a current ratio of 1.41. Martin Marietta Materials, Inc. has a 52-week low of $523.48 and a 52-week high of $710.97. The company has a market cap of $31.59 billion, a price-to-earnings ratio of 12.93, a PEG ratio of 2.29 and a beta of 1.10.

Martin Marietta Materials (NYSE:MLM) last posted its quarterly earnings data on Thursday, July 30th. The construction company reported $5.00 EPS for the quarter, topping analysts’ consensus estimates of $4.76 by $0.24. The company had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.87 billion. Martin Marietta Materials had a return on equity of 9.49% and a net margin of 36.73%.The business’s revenue was up 21.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $5.43 earnings per share. Analysts predict that Martin Marietta Materials, Inc. will post 19.43 EPS for the current fiscal year.

Martin Marietta Materials Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 1st were given a dividend of $0.83 per share. The ex-dividend date was Monday, June 1st. This represents a $3.32 annualized dividend and a yield of 0.6%. Martin Marietta Materials’s dividend payout ratio is 7.91%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on MLM. Oppenheimer initiated coverage on shares of Martin Marietta Materials in a research note on Thursday, May 28th. They issued a “market perform” rating on the stock. Zacks Research upgraded shares of Martin Marietta Materials from a “strong sell” rating to a “hold” rating in a research report on Monday, April 13th. JPMorgan Chase & Co. cut their price target on shares of Martin Marietta Materials from $700.00 to $680.00 and set a “neutral” rating for the company in a report on Friday. Stephens reduced their price target on shares of Martin Marietta Materials from $700.00 to $680.00 and set an “overweight” rating on the stock in a research report on Friday. Finally, Citigroup boosted their price target on shares of Martin Marietta Materials from $731.00 to $737.00 and gave the company a “buy” rating in a research report on Wednesday, July 8th. Eleven equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $674.18.

Trending Headlines about Martin Marietta Materials

Here are the key news stories impacting Martin Marietta Materials this week:

• Positive Sentiment: Second-quarter revenue rose 21% year over year to a record $1.95 billion, exceeding the $1.87 billion analyst estimate. EPS of $5.00 also surpassed consensus, supported by record aggregates shipments and infrastructure demand. Martin Marietta Reports Second-Quarter 2026 Results
• Positive Sentiment: Management raised full-year 2026 revenue guidance to $7.2 billion-$7.4 billion, above the roughly $7.1 billion consensus estimate, while reaffirming adjusted EBITDA guidance. The company also expects operational-efficiency initiatives to generate approximately $350 million in cash-flow benefits. Martin Marietta raises FY2026 revenue outlook
• Neutral Sentiment: Analysts collectively maintain a “Moderate Buy” view, and the revised price targets remain above the current trading level. However, the range of opinions indicates a balance between confidence in infrastructure-driven demand and concerns about near-term earnings momentum. Martin Marietta receives Moderate Buy rating
• Negative Sentiment: Despite the quarterly beat, EPS declined from $5.43 in the prior-year quarter. That earnings decline may be limiting the market’s reaction to the higher revenue outlook. Martin Marietta Q2 earnings top estimates
• Negative Sentiment: JPMorgan lowered its price target from $700 to $680 and assigned a “Neutral” rating. Wells Fargo reduced its target from $616 to $581 and kept an “Equal Weight” rating. Although both targets imply upside, the cuts signal more limited conviction and add pressure to the stock. Analyst price-target revisions

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.