Martin Marietta Materials (MLM) appears to be emphasizing its
high-margin aggregates business, with a consequent reaction from investors. The company experienced a modest
0.9% increase since its last earnings report and applies strategic maneuvers towards
de-risking the portfolio for an improved margin and Free Cash Flow (FCF). Despite perceived underperformance against NASDAQ, Morgan Stanley maintains MLM's
buy rating and increased the
target price to $660, while BNP Paribas adjusts the price target to $645 from $642. Major stakes in MLM range from GDS Wealth Management, Vanguard Group Inc., Legal & General Group Plc, and Midwest Trust Co. MLM reported significant progress with its
SOAR 2030 Strategic Plan, and third-quarter earning results, with other investors such as Tableaux LLC, Franklin Resources Inc. and Hsbc Holdings PLC having sold Martin Marietta stocks. MLM also declared a quarterly
cash dividend of $0.83 per share, and confirmed regulatory approval for asset exchange with Quikrete Holdings.
Revenue growth was reported in Q3 results mainly due to the company's involvement in US data center buildout and building materials revenue.
Martin Marietta Materials MLM News Analytics from Fri, 18 Apr 2025 07:00:00 GMT to Fri, 05 Dec 2025 13:08:40 GMT -
Rating 8
- Innovation 6
- Information 7
- Rumor 5
