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

Royal Bank of Canada lowered its stake in Martin Marietta Materials, Inc. (NYSE:MLM) by 0.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). 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’s holdings in Martin Marietta Materials were worth $93,035,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Integrated Wealth Concepts LLC increased its position in Martin Marietta Materials by 6.6% in the first quarter. Integrated Wealth Concepts LLC now owns 794 shares of the construction company’s stock worth $379,000 after purchasing an additional 49 shares during the period. Empowered Funds LLC lifted its position in Martin Marietta Materials by 11.4% during the 1st quarter. Empowered Funds LLC now owns 1,408 shares of the construction company’s stock valued at $673,000 after purchasing an additional 144 shares during the period. Sivia Capital Partners LLC lifted its position in Martin Marietta Materials by 11.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 510 shares of the construction company’s stock valued at $280,000 after purchasing an additional 51 shares during the period. EverSource Wealth Advisors LLC lifted its position in Martin Marietta Materials by 205.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 260 shares of the construction company’s stock valued at $143,000 after purchasing an additional 175 shares during the period. Finally, Cresset Asset Management LLC boosted its stake in shares of Martin Marietta Materials by 22.6% in the 2nd 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 during the last quarter. Institutional investors own 95.04% of the company’s stock.

Key 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

Martin Marietta Materials Price Performance

Shares of MLM opened at $526.13 on Friday. The stock has a market cap of $31.59 billion, a P/E ratio of 12.93, a price-to-earnings-growth ratio of 2.29 and a beta of 1.10. Martin Marietta Materials, Inc. has a 1 year low of $523.48 and a 1 year high of $710.97. The stock’s 50-day moving average price is $577.73 and its two-hundred day moving average price is $607.22. The company has a current ratio of 1.41, a quick ratio of 1.11 and a debt-to-equity ratio of 0.44.

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

Martin Marietta Materials Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on MLM. Truist Financial lifted their price target on shares of Martin Marietta Materials from $710.00 to $730.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Raymond James Financial set a $660.00 price objective on shares of Martin Marietta Materials in a report on Friday. 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. Morgan Stanley lowered 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 report on Monday, April 6th. Finally, UBS Group set a $739.00 target price on shares of Martin Marietta Materials in a research report on Sunday, May 10th. Eleven research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $674.18.

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.