Martin Marietta Materials

Martin Marietta's stock hit a 52-week low of 523.45 USD, about 26% below its 52-week high of 710.97 USD, and was down 13.66% over the past year. InvestingPro currently rates the stock above its fair value, and nine analysts have reduced their earnings estimates. In the second quarter the company beat expectations with adjusted earnings of 5.00 USD per share and revenue of 1.95 billion USD. Martin Marietta has received all regulatory approvals for the acquisition of Lhoist North America, expects the deal to close in Q3 2026, and financed the transaction with 5.5 billion USD of senior unsecured notes. » Altro su de.investing.com

Weitz Investment Large Cap Equity Fund disclosed a new, opportunistic position in Martin Marietta Materials, citing the company's leading aggregates assets and strong capital allocation as a natural fit for its "rocks and gravel" investment theme. The fund bought shares at favorable prices during Q2 while maintaining a concentrated, value-oriented portfolio. Martin Marietta closed at $547.93 on August 14, 2026, with a market cap of $32.91 billion and has declined about 9.11% over the past year. » Altro su finance.yahoo.com

Martin Marietta Materials has issued $5.5bn of unsecured senior notes in five tranches (coupons 4.85%–6.375%, maturities 2029–2056) to finance the acquisition of Lhoist North America. The net proceeds, together with a $1.5bn senior unsecured credit facility, will be used to pay the purchase price; closing is expected in Q3 2026. The notes are not guaranteed by subsidiaries and rank pari passu with existing senior unsecured indebtedness, but are subordinated to secured debt. Martin Marietta had total debt of $6.35bn in the last quarter, however it beat earnings expectations in Q2 2026 and has raised its dividend for ten consecutive years. » Altro su de.investing.com