Great Lakes Advisors Adds $20M in Martin Marietta Materials, Inc. ($MLM)
Key Points
- Great Lakes Advisors changed its Martin Marietta Materials, Inc. ($MLM) stake by 18.6% last quarter, boosting to 217,206 shares worth $125.40 million.
- Wall Street's consensus rating on $MLM is Buy and an average price target of $683.09.
- $MLM last traded around $577.33.
Great Lakes Advisors increased its position in Martin Marietta Materials, Inc. ($MLM) by 18.6% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 217,206 shares of Martin Marietta Materials, Inc. after buying 34,106 shares during the quarter. Great Lakes Advisors's holdings in Martin Marietta Materials, Inc. were worth $125.40 million as of its most recent filing.
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About Martin Marietta Materials, Inc.
Martin Marietta Materials, Inc., a natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally. It operates through East Group and West Group segments. The company offers crushed stone, sand, and gravel products; ready mixed concrete and asphalt; and paving products and services for use in the infrastructure projects, and nonresidential and residential construction projects, as well as in the railroad, agricultural, utility, and environmental industries. It also produces magnesia-based chemicals products, and dolomitic lime primarily to customers for steel production and soil stabilization. Its chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other applications. The company was founded in 1939 and is based in Raleigh, North Carolina.
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