Martin Marietta Materials (MLM)

• Market cap: $29.9B
• 1 day: -3.20%
• 5 days: -8.51%
• 1 month: -11.36%
• 3 months: -17.06%
• 6 months: -9.24%
• Year to date: -4.06%
• 1 year: -8.66%
• 5 years: 94.83%
• 10 years: 241.52%
• Sector: Materials
• Industry: Mining & Quarrying of Nonmetallic Minerals, Except Fuels

About: Martin Marietta Materials is one of the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). In 2024, Martin Marietta sold 191 million tons of aggregates. Martin Marietta's most important markets include Texas, Colorado, North Carolina, Georgia, and Florida, accounting for most of its sales. The company also produces cement in Texas and uses its aggregates in its asphalt and ready-mixed concrete businesses. Martin's magnesia specialties business produces magnesia-based chemical products and dolomitic lime.

Employees: 9,400

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

70% more funds holding in top 10

Funds holding in top 10: 10 [Q3] → 17 (+7) [Q4]

59% more first-time investments, than exits

New positions opened: 137 | Existing positions closed: 86

2% more funds holding

Funds holding: 928 [Q3] → 943 (+15) [Q4]

9% more repeat investments, than reductions

Existing positions increased: 345 | Existing positions reduced: 317

1% less call options, than puts

Call options by funds: $31.8M | Put options by funds: $32M

5.38% less ownership

Funds ownership: 101.84% [Q3] → 96.46% (-5.38%) [Q4]

9% less capital invested

Capital invested by funds: $33.5B [Q3] → $30.4B (-$3.07B) [Q4]

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $600 22% upside
• Avg. target: $621 27% upside
• High target: $650 33% upside

8 analyst ratings

• positive: 8 100%
• neutral: 0 0%
• negative: 0 0%

Loop Capital Garik Shmois 45% 1-year accuracy 10 / 22 met price target	32% upside $645	Buy Maintained	13 Feb 2025
Raymond James Patrick Tyler Brown 65% 1-year accuracy 26 / 40 met price target	22% upside $600	Outperform Maintained	13 Feb 2025
Stephens & Co. Trey Grooms 55% 1-year accuracy 12 / 22 met price target	33% upside $650	Overweight Maintained	13 Feb 2025
Truist Securities Keith Hughes 53% 1-year accuracy 26 / 49 met price target	25% upside $610	Buy Maintained	13 Feb 2025
Barclays Adam Seiden 63% 1-year accuracy 12 / 19 met price target	22% upside $600	Overweight Maintained	13 Feb 2025