B. Riley Wealth Advisors Inc. elevated its holdings in shares of Martin Marietta Supplies, Inc. (NYSE:MLM – Free Report) by 6.1% throughout the third quarter, based on the corporate in its most up-to-date disclosure with the SEC. The institutional investor owned 6,297 shares of the development firm’s inventory after buying an extra 364 shares throughout the interval. B. Riley Wealth Advisors Inc.’s holdings in Martin Marietta Supplies had been price $2,585,000 as of its most up-to-date SEC submitting.
Different institutional traders additionally lately purchased and bought shares of the corporate. WINTON GROUP Ltd bought a brand new place in shares of Martin Marietta Supplies within the 2nd quarter valued at $428,000. Amalgamated Financial institution grew its stake in Martin Marietta Supplies by 2.5% within the third quarter. Amalgamated Financial institution now owns 16,460 shares of the development firm’s inventory valued at $6,757,000 after buying an extra 397 shares over the last quarter. Waratah Capital Advisors Ltd. raised its holdings in Martin Marietta Supplies by 121.9% within the second quarter. Waratah Capital Advisors Ltd. now owns 58,015 shares of the development firm’s inventory price $26,785,000 after buying an extra 31,867 shares within the final quarter. O Shaughnessy Asset Administration LLC lifted its place in shares of Martin Marietta Supplies by 54.9% throughout the second quarter. O Shaughnessy Asset Administration LLC now owns 1,219 shares of the development firm’s inventory valued at $563,000 after shopping for an extra 432 shares over the last quarter. Lastly, Penobscot Funding Administration Firm Inc. purchased a brand new stake in shares of Martin Marietta Supplies within the 2nd quarter valued at about $263,000. 93.22% of the inventory is owned by hedge funds and different institutional traders.
Insider Shopping for and Promoting at Martin Marietta Supplies
In different information, Director Sue W. Cole bought 1,724 shares of Martin Marietta Supplies inventory in a transaction that occurred on Friday, February sixteenth. The shares had been bought at a mean value of $543.48, for a complete transaction of $936,959.52. Following the completion of the transaction, the director now instantly owns 19,793 shares of the corporate’s inventory, valued at roughly $10,757,099.64. The transaction was disclosed in a authorized submitting with the SEC, which is offered by way of the SEC web site. In different information, Director Sue W. Cole bought 1,724 shares of the agency’s inventory in a transaction dated Friday, February sixteenth. The inventory was bought at a mean value of $543.48, for a complete transaction of $936,959.52. Following the sale, the director now instantly owns 19,793 shares within the firm, valued at roughly $10,757,099.64. The transaction was disclosed in a authorized submitting with the Securities & Alternate Fee, which is offered by way of this hyperlink. Additionally, CEO C Howard Nye bought 15,000 shares of the corporate’s inventory in a transaction dated Tuesday, March fifth. The inventory was bought at a mean value of $604.26, for a complete worth of $9,063,900.00. Following the completion of the transaction, the chief government officer now instantly owns 134,640 shares of the corporate’s inventory, valued at roughly $81,357,566.40. The disclosure for this sale will be discovered right here. 0.61% of the inventory is at the moment owned by company insiders.
Analyst Rankings Modifications
A variety of equities analysis analysts lately commented on the inventory. Citigroup elevated their goal value on shares of Martin Marietta Supplies from $573.00 to $635.00 and gave the corporate a “purchase” ranking in a analysis report on Friday, February sixteenth. Stephens boosted their goal value on Martin Marietta Supplies from $575.00 to $605.00 and gave the inventory an “chubby” ranking in a analysis be aware on Friday, February sixteenth. The Goldman Sachs Group upped their goal value on Martin Marietta Supplies from $560.00 to $642.00 and gave the corporate a “purchase” ranking in a analysis report on Friday, February sixteenth. Raymond James raised their value goal on Martin Marietta Supplies from $505.00 to $555.00 and gave the inventory an “outperform” ranking in a report on Thursday, January twenty fifth. Lastly, Stifel Nicolaus upped their value goal on shares of Martin Marietta Supplies from $510.00 to $598.00 and gave the corporate a “purchase” ranking in a report on Tuesday, December nineteenth. Three analysis analysts have rated the inventory with a maintain ranking and eleven have given a purchase ranking to the corporate’s inventory. In keeping with information from MarketBeat, the corporate has a consensus ranking of “Average Purchase” and a consensus value goal of $559.46.
Learn Our Newest Evaluation on MLM
Martin Marietta Supplies Inventory Up 0.3 %
MLM inventory opened at $606.54 on Friday. The corporate has a market capitalization of $37.50 billion, a P/E ratio of 32.21, a price-to-earnings-growth ratio of two.94 and a beta of 0.95. Martin Marietta Supplies, Inc. has a 12 month low of $317.94 and a 12 month excessive of $617.08. The agency’s fifty day easy shifting common is $536.18 and its 200-day easy shifting common is $478.34. The corporate has a debt-to-equity ratio of 0.49, a present ratio of three.35 and a fast ratio of two.50.
Martin Marietta Supplies (NYSE:MLM – Get Free Report) final posted its quarterly earnings outcomes on Wednesday, February 14th. The development firm reported $4.63 EPS for the quarter, beating the consensus estimate of $3.96 by $0.67. The corporate had income of $1.61 billion for the quarter, in comparison with analyst estimates of $1.62 billion. Martin Marietta Supplies had a internet margin of 17.25% and a return on fairness of 15.77%. The agency’s income was up 8.9% on a year-over-year foundation. Throughout the identical interval within the prior yr, the corporate earned $3.04 earnings per share. As a gaggle, equities analysis analysts forecast that Martin Marietta Supplies, Inc. will put up 21.19 earnings per share for the present yr.
Martin Marietta Supplies Dividend Announcement
The enterprise additionally lately declared a quarterly dividend, which will probably be paid on Thursday, March twenty eighth. Traders of document on Monday, March 4th will probably be given a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a yield of 0.49%. The ex-dividend date is Friday, March 1st. Martin Marietta Supplies’s dividend payout ratio is at the moment 15.72%.
Martin Marietta Supplies Profile
(Free Report)
Martin Marietta Supplies, Inc, a pure resource-based constructing supplies firm, provides aggregates and heavy-side constructing supplies to the development trade in the USA and internationally. It gives crushed stone, sand, and gravel merchandise; prepared blended concrete and asphalt; paving services and products; and Portland and specialty cement to be used within the infrastructure initiatives, and nonresidential and residential building markets, in addition to within the railroad, agricultural, utility, and environmental industries.
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