Martin Marietta Materials (MLM) is down 6.4% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely trigger is Martin Marietta’s June 29, 2026 agreement to combine with Lhoist North America in a $13.5 billion cash-and-stock transaction. While management framed the deal as strategically attractive and accretive after closing, the market appears focused on the size of the purchase, the large stock component, and the higher leverage the company expects to carry.
Details:
Martin Marietta announced a definitive agreement to acquire Lhoist North America for $13.5 billion, with the deal expected to close in the second half of 2026.The consideration includes $7.0 billion in cash and $6.5 billion in Martin Marietta shares, which implies meaningful dilution for existing shareholders.After closing, the seller is expected to own about 15% of Martin Marietta, and the company said combined net leverage would be about 3.7x before being reduced over time.The company said the transaction should expand its lime and limestone platform, add about $85 million of run-rate cost synergies, and become accretive to earnings and margins in the first full year after closing.Sources:
Martin Marietta Materials, SEC, Reuters
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
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$MLM Hedge Fund Activity
We have seen 446 institutional investors add shares of $MLM stock to their portfolio, and 562 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PRICE T ROWE ASSOCIATES INC /MD/ added 1,185,809 shares (+391.3%) to their portfolio in Q1 2026, for an estimated $698,062,042
- VICTORY CAPITAL MANAGEMENT INC added 836,120 shares (+51.8%) to their portfolio in Q4 2025, for an estimated $520,618,479
- JPMORGAN CHASE & CO removed 705,196 shares (-24.0%) from their portfolio in Q4 2025, for an estimated $439,097,341
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 455,352 shares (-43.2%) from their portfolio in Q4 2025, for an estimated $283,529,476
- D1 CAPITAL PARTNERS L.P. added 322,857 shares (+inf%) to their portfolio in Q1 2026, for an estimated $190,059,458
- EAGLE CAPITAL MANAGEMENT LLC removed 320,284 shares (-99.9%) from their portfolio in Q1 2026, for an estimated $188,544,785
- FMR LLC removed 313,815 shares (-10.7%) from their portfolio in Q1 2026, for an estimated $184,736,614
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$MLM Congressional Stock Trading
Members of Congress have traded $MLM stock 3 times in the past 6 months. Of those trades, 2 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $MLM stock by members of Congress over the last 6 months:
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
$MLM Analyst Ratings
Wall Street analysts have issued reports on $MLM in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Citigroup issued a "Buy" rating on 01/08/2026
To track analyst ratings and price targets for $MLM, check out Quiver Quantitative's $MLM forecast page.
$MLM Price Targets
Multiple analysts have issued price targets for $MLM recently. We have seen 11 analysts offer price targets for $MLM in the last 6 months, with a median target of $690.0.
Here are some recent targets:
- Anthony Pettinari from Citigroup set a target price of $731.0 on 05/04/2026
- Keith Hughes from Truist Securities set a target price of $730.0 on 05/04/2026
- Anthony Codling from RBC Capital set a target price of $615.0 on 05/04/2026
- Timna Tanners from Wells Fargo set a target price of $614.0 on 05/01/2026
- Angel Castillo from Morgan Stanley set a target price of $664.0 on 04/06/2026
- Rohit Seth from B. Riley Securities set a target price of $700.0 on 04/02/2026
- Adam Seiden from Barclays set a target price of $640.0 on 03/31/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
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Martin Marietta Materials Falls as $13.5 Billion Lhoist Deal Raises Dilution and Leverage Concerns
Martin Marietta Materials (MLM) is down 6.4% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely trigger is Martin Marietta’s June 29, 2026 agreement to combine with Lhoist North America in a $13.5 billion cash-and-stock transaction. While management framed the deal as strategically attractive and accretive after closing, the market appears focused on the size of the purchase, the large stock component, and the higher leverage the company expects to carry.
Details:
Sources:
Martin Marietta Materials, SEC, Reuters
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$MLM Hedge Fund Activity
We have seen 446 institutional investors add shares of $MLM stock to their portfolio, and 562 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$MLM Congressional Stock Trading
Members of Congress have traded $MLM stock 3 times in the past 6 months. Of those trades, 2 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $MLM stock by members of Congress over the last 6 months:
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
$MLM Analyst Ratings
Wall Street analysts have issued reports on $MLM in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
To track analyst ratings and price targets for $MLM, check out Quiver Quantitative's $MLM forecast page.
$MLM Price Targets
Multiple analysts have issued price targets for $MLM recently. We have seen 11 analysts offer price targets for $MLM in the last 6 months, with a median target of $690.0.
Here are some recent targets:
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
Read full article here »