California State Teachers Retirement System Cuts Holdings in Martin Marietta Materials, Inc. $MLM

California State Teachers Retirement System lessened its holdings in Martin Marietta Materials, Inc. (NYSE:MLM) by 2.4% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 70,152 shares of the construction company’s stock after selling 1,703 shares during the period. California State Teachers Retirement System’s holdings in Martin Marietta Materials were worth $41,297,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Empowered Funds LLC raised its position in Martin Marietta Materials by 27.1% during the first quarter. Empowered Funds LLC now owns 2,835 shares of the construction company’s stock valued at $1,669,000 after purchasing an additional 604 shares during the period. Quantinno Capital Management LP lifted its stake in shares of 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 last quarter. Lazard Asset Management LLC lifted its stake in shares of 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 last quarter. Gateway Wealth Partners LLC purchased a new position in shares of Martin Marietta Materials in the 1st quarter worth approximately $367,000. Finally, OMERS ADMINISTRATION Corp boosted its holdings in shares of Martin Marietta Materials by 131.6% in the 1st quarter. OMERS ADMINISTRATION Corp now owns 5,117 shares of the construction company’s stock worth $3,012,000 after purchasing an additional 2,908 shares during the period. Hedge funds and other institutional investors own 95.04% of the company’s stock.

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 Stock Down 2.6%

Shares of Martin Marietta Materials stock opened at $526.13 on Friday. The company has a quick ratio of 1.11, a current ratio of 1.41 and a debt-to-equity ratio of 0.44. The company has a market cap of $31.59 billion, a P/E ratio of 12.93, a PEG ratio of 2.29 and a beta of 1.10. The firm’s 50 day moving average price is $577.73 and its 200-day moving average price is $607.22. Martin Marietta Materials, Inc. has a 52-week low of $523.48 and a 52-week high of $710.97.

Martin Marietta Materials (NYSE:MLM) last released its earnings results on Thursday, July 30th. The construction company reported $5.00 EPS for the quarter, topping analysts’ consensus estimates of $4.76 by $0.24. Martin Marietta Materials had a net margin of 36.73% and a return on equity of 9.49%. The company had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.87 billion. During the same period last year, the business earned $5.43 EPS. Martin Marietta Materials’s revenue for the quarter was up 21.0% on a year-over-year basis. On average, sell-side analysts predict that Martin Marietta Materials, Inc. will post 19.43 EPS for the current fiscal year.

Martin Marietta Materials Dividend Announcement

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

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on MLM. 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. Weiss Ratings raised shares of Martin Marietta Materials from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, June 25th. UBS Group set a $739.00 price target on shares of Martin Marietta Materials in a report on Sunday, May 10th. Stephens reduced their price objective 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, Morgan Stanley decreased their price objective on shares of Martin Marietta Materials from $702.00 to $664.00 and set an “overweight” rating for the company in a research note on Monday, April 6th. Eleven analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $674.18.

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.