Martin Marietta Materials (NYSE:MLM) Given New $680.00 Price Target at JPMorgan Chase & Co.

Martin Marietta Materials (NYSE:MLM) had its price objective decreased by research analysts at JPMorgan Chase & Co. from $700.00 to $680.00 in a research note issued on Friday,Benzinga reports. The firm presently has a “neutral” rating on the construction company’s stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 27.64% from the company’s previous close.

A number of other analysts have also issued reports on MLM. Oppenheimer began coverage on Martin Marietta Materials in a research note on Thursday, May 28th. They issued a “market perform” rating on the stock. Citigroup raised their price objective on Martin Marietta Materials from $731.00 to $737.00 and gave the company a “buy” rating in a report on Wednesday, July 8th. Truist Financial lifted their target price on shares of Martin Marietta Materials from $710.00 to $730.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Royal Bank Of Canada dropped their target price on shares of Martin Marietta Materials from $630.00 to $615.00 and set a “sector perform” rating for the company in a report on Monday, May 4th. Finally, UBS Group set a $739.00 target price on shares of Martin Marietta Materials in a research report on Sunday, May 10th. Eleven investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $674.18.

Martin Marietta Materials Price Performance

Martin Marietta Materials stock traded down $7.26 during midday trading on Friday, reaching $532.74. The company had a trading volume of 438,302 shares, compared to its average volume of 545,487. The company has a market capitalization of $31.99 billion, a P/E ratio of 12.70, a P/E/G ratio of 2.42 and a beta of 1.10. Martin Marietta Materials has a 12-month low of $525.38 and a 12-month high of $710.97. The firm’s fifty day simple moving average is $577.94 and its 200-day simple moving average is $607.79. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.28 and a quick ratio of 1.11.

Martin Marietta Materials (NYSE:MLM) last posted its quarterly earnings data on Thursday, July 30th. The construction company reported $5.00 EPS for the quarter, topping the consensus estimate of $4.76 by $0.24. Martin Marietta Materials had a return on equity of 10.27% and a net margin of 38.67%.The company had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.87 billion. During the same period in the previous year, the business earned $5.43 EPS. Martin Marietta Materials’s quarterly revenue was up 21.0% on a year-over-year basis. As a group, equities analysts anticipate that Martin Marietta Materials will post 19.43 EPS for the current year.

Hedge Funds Weigh In On Martin Marietta Materials

Institutional investors and hedge funds have recently bought and sold shares of the company. Victory Capital Management Inc. increased its stake in Martin Marietta Materials by 51.8% during the fourth quarter. Victory Capital Management Inc. now owns 2,448,928 shares of the construction company’s stock worth $1,524,853,000 after acquiring an additional 836,120 shares during the last quarter. Norges Bank acquired a new stake in shares of Martin Marietta Materials during the 4th quarter worth about $354,681,000. Bank of America Corp DE increased its position in shares of Martin Marietta Materials by 31.9% during the 2nd quarter. Bank of America Corp DE now owns 2,340,677 shares of the construction company’s stock worth $1,284,938,000 after purchasing an additional 565,856 shares during the last quarter. Price T Rowe Associates Inc. MD raised its holdings in Martin Marietta Materials by 241.4% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 303,031 shares of the construction company’s stock valued at $188,686,000 after buying an additional 214,270 shares during the period. Finally, Interval Partners LP purchased a new stake in Martin Marietta Materials in the 4th quarter valued at about $128,996,000. 95.04% of the stock is currently owned by institutional investors and hedge funds.

Martin Marietta Materials News Roundup

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

• Positive Sentiment: Martin Marietta reported second-quarter revenue of $1.95 billion, up 21% year over year and ahead of the $1.87 billion consensus estimate. EPS of $5.00 also exceeded expectations, supported by record aggregate shipments and strong infrastructure demand. Martin Marietta Reports Second-Quarter 2026 Results
• Positive Sentiment: The company raised its full-year 2026 revenue guidance to $7.2 billion-$7.4 billion, above the roughly $7.1 billion analyst consensus, while reaffirming adjusted EBITDA guidance. Management also cited operational-efficiency opportunities expected to generate approximately $350 million in cash-flow benefits. Martin Marietta raises FY2026 revenue outlook
• Neutral Sentiment: Analysts collectively maintain a “Moderate Buy” rating, suggesting the earnings beat and higher revenue outlook preserve longer-term optimism despite near-term concerns. Reports also highlight potential shareholder returns through buybacks. Martin Marietta receives Moderate Buy rating
• Negative Sentiment: Second-quarter EPS declined from $5.43 a year earlier to $5.00, indicating that revenue growth has not translated into higher per-share earnings. This may be tempering the market’s reaction to the otherwise favorable results. Martin Marietta Q2 earnings and revenue results
• Negative Sentiment: Wells Fargo lowered its price target from $616 to $581 and assigned an “equal weight” rating. Although the new target implies upside from recent levels, the reduction signals less conviction in near-term appreciation and adds pressure after the earnings release. Wells Fargo rating and price target update

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.