Martin Marietta Materials (NYSE:MLM) Price Target Cut to $612.00 by Analysts at Wells Fargo & Company

Martin Marietta Materials (NYSE:MLM) had its price target decreased by Wells Fargo & Company from $631.00 to $612.00 in a research report report published on Thursday,Benzinga reports. Wells Fargo & Company currently has an equal weight rating on the construction company’s stock.

Several other equities research analysts have also commented on the company. Jefferies Financial Group boosted their price target on Martin Marietta Materials from $725.00 to $730.00 and gave the stock a “buy” rating in a research note on Monday, December 15th. Stifel Nicolaus boosted their target price on Martin Marietta Materials from $637.00 to $681.00 and gave the stock a “buy” rating in a research report on Tuesday, November 11th. Citigroup raised their price target on Martin Marietta Materials from $754.00 to $758.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. Morgan Stanley boosted their price objective on shares of Martin Marietta Materials from $660.00 to $690.00 and gave the stock an “overweight” rating in a research report on Monday, December 22nd. Finally, Barclays increased their price objective on shares of Martin Marietta Materials from $600.00 to $675.00 and gave the company an “overweight” rating in a research note on Monday, October 20th. Nine analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $683.00.

Martin Marietta Materials Stock Performance

Shares of MLM opened at $660.86 on Thursday. The company has a quick ratio of 2.07, a current ratio of 3.57 and a debt-to-equity ratio of 0.53. Martin Marietta Materials has a 52-week low of $441.95 and a 52-week high of $710.97. The company has a 50-day simple moving average of $645.50 and a 200-day simple moving average of $624.96. The company has a market capitalization of $39.86 billion, a PE ratio of 35.15 and a beta of 1.16.

Martin Marietta Materials (NYSE:MLM) last released its quarterly earnings data on Wednesday, February 11th. The construction company reported $4.62 EPS for the quarter, missing analysts’ consensus estimates of $4.81 by ($0.19). Martin Marietta Materials had a return on equity of 10.86% and a net margin of 17.38%.The company had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.66 billion. During the same period in the prior year, the firm posted $4.79 EPS. The firm’s quarterly revenue was up 9.3% on a year-over-year basis. Equities research analysts predict that Martin Marietta Materials will post 19.53 earnings per share for the current fiscal year.

Institutional Trading of Martin Marietta Materials

Hedge funds and other institutional investors have recently bought and sold shares of the company. Integrated Wealth Concepts LLC boosted its holdings in shares of Martin Marietta Materials by 6.6% during 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 last quarter. Empowered Funds LLC lifted its position in Martin Marietta Materials by 11.4% during the first quarter. Empowered Funds LLC now owns 1,408 shares of the construction company’s stock worth $673,000 after buying an additional 144 shares during the period. Sivia Capital Partners LLC boosted its stake in Martin Marietta Materials by 11.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 510 shares of the construction company’s stock worth $280,000 after buying an additional 51 shares during the last quarter. Concurrent Investment Advisors LLC purchased a new stake in Martin Marietta Materials in the 2nd quarter valued at about $538,000. Finally, CWM LLC grew its holdings in Martin Marietta Materials by 18.3% in the 2nd quarter. CWM LLC now owns 3,730 shares of the construction company’s stock valued at $2,048,000 after buying an additional 578 shares during the period. 95.04% of the stock is owned by hedge funds and other institutional investors.

Key Martin Marietta Materials News

Here are the key news stories impacting Martin Marietta Materials this week:

• Positive Sentiment: Jefferies raised its price target to $761 and reaffirmed a “buy” rating, signaling upside from current levels and support from at least one sell‑side bull. Jefferies raises price target on Martin Marietta
• Positive Sentiment: Management outlined a $2.49B adjusted EBITDA target for 2026 and reiterated progress on its SOAR 2030 strategy, giving investors a multi‑year profitability roadmap despite near‑term weakness. Martin Marietta outlines adjusted EBITDA target
• Neutral Sentiment: Leadership update — George F. Schoen will join as Executive VP, General Counsel and Corporate Secretary in March, strengthening the management team as strategy executes. Martin Marietta appoints new general counsel
• Neutral Sentiment: Earnings call transcript and presentation materials are available for deeper read — useful for investors analyzing segment trends and margin drivers. Q4 2025 earnings call transcript
• Negative Sentiment: Q4 results missed: EPS $4.62 vs. consensus ~$4.81 and revenue $1.53B vs. ~$1.66B; company gave weaker FY‑2026 revenue guidance of $6.4–6.8B versus the ~$7.1B street estimate — the primary near‑term negative driver. MLM misses Q4 revenue estimates
• Negative Sentiment: Shares fell following the miss and soft guidance — several media reports and market reaction show immediate selling pressure. Shares fall after earnings miss
• Negative Sentiment: Wells Fargo trimmed its price target to $612 and moved to “equal weight,” reflecting increased near‑term caution from another major analyst. Wells Fargo lowers Martin Marietta target

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.