Aristotle Capital Management Reduces $55M in Martin Marietta Materials, Inc. ($MLM)

Aristotle Capital Management has trimmed its position in Martin Marietta Materials, Inc. (NYSE:MLM), reducing its holdings by 95,177 shares. This 4.64% decrease brings its total stake to 1,955,100 shares, valued at approximately $1.13 billion, according to the latest Form 13F filing with the SEC as of May 15, 2026.

What Changed in Aristotle Capital Management's Martin Marietta Position

The investment firm cut its Martin Marietta shares from 2,050,277 to 1,955,100, a reduction of 95,177 shares. This move represents a decrease of 4.64% in its holdings, worth about $1.13 billion as reported in the filing.

Other Institutional Activity in Martin Marietta

BlackRock, Inc. increased its stake in Martin Marietta by 199,531 shares, ending with 4,685,757 shares valued at roughly $2.76 billion. Vanguard Capital Management LLC initiated a position with 3,917,383 shares worth about $2.31 billion. Similarly, Vanguard Portfolio Management LLC added 3,160,444 shares, with a total valuation of $1.86 billion. Meanwhile, State Street Corp grew its holdings by 105,848 shares, reaching a total of 2,877,568 shares valued at approximately $1.69 billion. On the other hand, FMR LLC reduced its position by 313,815 shares, now holding 2,607,979 shares valued at $1.54 billion.

Martin Marietta Stock Snapshot

Shares of Martin Marietta Materials (NYSE:MLM) traded near $577.33. The company has a market cap of about $34.67 billion and trades at a P/E ratio of 36.20. The forward P/E is 25.20, and the stock has a beta of 1.102. It has a 52-week low of $525.38 and a high of $710.97. The 50-day moving average is $590.83, while the 200-day moving average is $618.38. The company's current ratio stands at 2.279, with a quick ratio of 1.018 and a debt-to-equity ratio of 50.35.

Recent Earnings

In its latest earnings report, Martin Marietta posted revenue of $6.35 billion, reflecting growth of 17.2%. The company's net margin was 39.91%, and it achieved a return on equity of 9.47%. Earnings per share came in at $15.95. The next earnings release is scheduled for April 30, 2026.

Dividend

Martin Marietta pays an annual dividend of $3.32 per share, yielding 0.58%. The dividend payout ratio is 20.56%.

Insider Buying and Selling at Martin Marietta Materials, Inc.

Recent insider activity at Martin Marietta Materials includes several purchases in May 2026. Thomas Pike bought 59 shares at an average price of $581.64, while Martin Lyons acquired 61 shares at the same price. David Wajsgras purchased 69 shares on May 29, 2026, also at $581.64. Additionally, Dorothy Ables, Laree Perez, and David Wajsgras each bought 313 shares on May 14, 2026, though the transaction price was not specified.

Analysts Set New Price Targets

On May 4, 2026, Truist Securities maintained its 'buy' rating for Martin Marietta with a price target of $730. Citigroup also upheld its 'buy' rating with a $731 target on the same day. RBC Capital and Wells Fargo both maintained 'hold' ratings with targets of $615 and $614, respectively. The consensus among 23 analysts is a 'buy' rating, with a target mean price of $683.09.

About Martin Marietta Materials, Inc.

Martin Marietta Materials, Inc. is a leading supplier of aggregates and heavy-side building materials, serving the construction industry in the U.S. and internationally. Based in Raleigh, North Carolina, the company operates through its East and West Group segments. It offers products like crushed stone, sand, gravel, ready-mixed concrete, and asphalt. Additionally, Martin Marietta produces magnesia-based chemicals and dolomitic lime for steel production and soil stabilization. Founded in 1939, the company employs around 9,600 people and is led by CEO C. Howard Nye.

Bottom Line

Aristotle Capital Management's recent reduction in its Martin Marietta stake is a notable change in its investment strategy. Investors often track such filings to gauge institutional sentiment. It's important to remember that 13F filings reflect past positions and may not indicate current holdings. Martin Marietta remains a significant player in the building materials sector, with ongoing interest from major institutional investors and analysts.