Wall Street Zen Upgrades Martin Marietta Materials (NYSE:MLM) to “Hold”

Martin Marietta Materials (NYSE:MLM) was upgraded by equities researchers at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued on Saturday.

Other analysts have also issued research reports about the stock. Zacks Research upgraded shares of Martin Marietta Materials from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th. Barclays lowered their price objective on shares of Martin Marietta Materials from $675.00 to $640.00 and set an “overweight” rating for the company in a research note on Tuesday, March 31st. B. Riley Financial upgraded shares of 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. Wells Fargo & Company lifted their price objective on shares of Martin Marietta Materials from $608.00 to $614.00 and gave the company an “equal weight” rating in a research note on Friday. Finally, DA Davidson set a $680.00 price objective on shares of Martin Marietta Materials in a research note on Thursday, February 12th. Nine investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Martin Marietta Materials currently has a consensus rating of “Moderate Buy” and an average target price of $693.06.

Martin Marietta Materials Stock Performance

NYSE:MLM opened at $615.00 on Friday. The company has a fifty day moving average of $615.35 and a 200-day moving average of $627.82. The firm has a market capitalization of $37.06 billion, a P/E ratio of 14.66, a P/E/G ratio of 2.29 and a beta of 1.13. The company has a quick ratio of 1.11, a current ratio of 2.28 and a debt-to-equity ratio of 0.47. Martin Marietta Materials has a twelve month low of $527.72 and a twelve month high of $710.97.

Martin Marietta Materials (NYSE:MLM) last released its quarterly earnings data on Thursday, April 30th. The construction company reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.78 by $0.15. The company had revenue of $1.36 billion during the quarter, compared to analyst estimates 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 for the quarter was up 17.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.90 EPS. As a group, sell-side analysts anticipate that Martin Marietta Materials will post 19.2 EPS for the current year.

Hedge Funds Weigh In On Martin Marietta Materials

A number of hedge funds have recently bought and sold shares of MLM. Victory Capital Management Inc. boosted its holdings in Martin Marietta Materials by 51.8% during the 4th quarter. Victory Capital Management Inc. now owns 2,448,928 shares of the construction company’s stock worth $1,524,853,000 after acquiring an additional 836,120 shares during the last quarter. Norges Bank purchased a new position in Martin Marietta Materials during the 4th quarter worth $354,681,000. Bank of America Corp DE boosted its holdings in Martin Marietta Materials by 31.9% during the 2nd quarter. Bank of America Corp DE now owns 2,340,677 shares of the construction company’s stock worth $1,284,938,000 after acquiring an additional 565,856 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Martin Marietta Materials by 241.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 303,031 shares of the construction company’s stock worth $188,686,000 after acquiring an additional 214,270 shares during the last quarter. Finally, Interval Partners LP purchased a new position in Martin Marietta Materials during the 4th quarter worth $128,996,000. 95.04% of the stock is owned by hedge funds and other institutional investors.

Key Headlines 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

About Martin Marietta Materials

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.