California State Teachers Retirement System Sells 1,703 Shares of Martin Marietta Materials, Inc. $MLM

California State Teachers Retirement System lessened its stake in Martin Marietta Materials, Inc. (NYSE:MLM) by 2.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 70,152 shares of the construction company’s stock after selling 1,703 shares during the quarter. California State Teachers Retirement System owned approximately 0.12% of Martin Marietta Materials worth $41,297,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Empowered Funds LLC increased its holdings in Martin Marietta Materials by 27.1% during the 1st quarter. Empowered Funds LLC now owns 2,835 shares of the construction company’s stock worth $1,669,000 after acquiring an additional 604 shares during the period. Quantinno Capital Management LP boosted its holdings in Martin Marietta Materials by 42.5% in the 1st quarter. Quantinno Capital Management LP now owns 57,256 shares of the construction company’s stock valued at $33,706,000 after purchasing an additional 17,073 shares during the period. Lazard Asset Management LLC boosted its holdings in Martin Marietta Materials by 6.3% in the 1st quarter. Lazard Asset Management LLC now owns 16,881 shares of the construction company’s stock valued at $9,938,000 after purchasing an additional 1,003 shares during the period. Gateway Wealth Partners LLC purchased a new position in shares of Martin Marietta Materials during the 1st quarter valued at $367,000. Finally, OMERS ADMINISTRATION Corp grew its position in shares of Martin Marietta Materials by 131.6% during the 1st quarter. OMERS ADMINISTRATION Corp now owns 5,117 shares of the construction company’s stock valued at $3,012,000 after purchasing an additional 2,908 shares in the last quarter. Hedge funds and other institutional investors own 95.04% of the company’s stock.

Martin Marietta Materials Stock Performance

Shares of MLM stock opened at $526.13 on Friday. The firm has a market capitalization of $31.59 billion, a price-to-earnings ratio of 12.93, a PEG ratio of 2.29 and a beta of 1.10. The stock has a fifty day moving average of $577.73 and a 200 day moving average of $607.22. Martin Marietta Materials, Inc. has a 52 week low of $523.48 and a 52 week high of $710.97. The company has a quick ratio of 1.11, a current ratio of 1.41 and a debt-to-equity ratio of 0.44.

Martin Marietta Materials (NYSE:MLM) last announced its quarterly earnings data on Thursday, July 30th. The construction company reported $5.00 EPS for the quarter, beating the consensus estimate of $4.76 by $0.24. The business had revenue of $1.95 billion during 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 company’s revenue for the quarter was up 21.0% on a year-over-year basis. During the same quarter last year, the firm posted $5.43 earnings per share. As a group, research analysts expect that Martin Marietta Materials, Inc. will post 19.43 earnings per share for the current year.

Martin Marietta Materials Dividend Announcement

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

Analyst Upgrades and Downgrades

MLM has been the subject of a number of research analyst reports. UBS Group set a $739.00 price target on Martin Marietta Materials in a research report on Sunday, May 10th. Weiss Ratings upgraded shares of Martin Marietta Materials from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, June 25th. Zacks Research raised shares of Martin Marietta Materials from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th. Morgan Stanley dropped their target price on shares of Martin Marietta Materials from $702.00 to $664.00 and set an “overweight” rating for the company in a research report on Monday, April 6th. Finally, Raymond James Financial set a $660.00 price target on shares of Martin Marietta Materials in a research note on Friday. Eleven investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $674.18.

More Martin Marietta Materials News

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

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.