| 2024-03-27 | +0.29 % |
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| 2024-03-25 | -0.38 % |
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| 2024-03-22 | -0.95 % |
- The article discusses JPMorgan's downgrade of Martin Marietta Materials (NYSE:MLM) from Overweight to Neutral, reflecting adjustments in earnings estimates due to recent business transactions, such as divestiture of Hunter Cement and acquisitions in Colorado. This downgrade led to a 0.95% decrease in the stock price, as the company's EBITDA estimates for 2024 and 2025 were revised downwards, impacting its overall financial outlook.
- Summary: Baker Tilly Wealth Management LLC reduced its stake in Martin Marietta Materials, Inc. (NYSE:MLM), leading to a -0.95% decrease in the company's stock, with institutional investors buying and selling shares, while latest earnings report from Martin Marietta Materials showed positive results but recent stock price drop contributed to analysts suggesting a "Moderate Buy" rating.
Reasons for Martin Marietta Materials (MLM) stock going down could include the selling off of shares by Baker Tilly Wealth Management LLC and other institutional investors, as well as potential profit-taking by insiders, including CEO C Howard Nye and Director Sue W. Cole, following positive earnings results.
- The article discusses how Ferguson Wellman Capital Management Inc. and various other hedge funds and institutional investors have recently purchased stakes in Martin Marietta Materials, Inc. (NYSE:MLM), with Ferguson Wellman Capital Management Inc. acquiring 1,000 shares valued at approximately $499,000. The stock of Martin Marietta Materials (MLM) went down by -0.95% last night due to various factors, including changes in institutional positions, stock ratings by analysts, recent insider selling, and financial results reported on February 14th, where the company exceeded earnings estimates and had an increase in revenue.
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| 2024-03-15 | -1.69 % |
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| 2024-03-12 | +1.25 % |
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| 2024-02-29 | +2.05 % |
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| 2024-02-28 | +1.26 % |
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| 2024-02-26 | +0.84 % |
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| 2024-02-23 | +0.09 % |
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| 2024-02-22 | +2.21 % |
- The article discusses Martin Marietta Materials (MLM) stock going up by 2.21% and the announcement of its regular quarterly cash dividend, with the stock increase likely being attributable to the positive news of the dividend declaration.
- The article discusses Martin Marietta Materials, Inc. (NYSE: MLM) declaring a regular quarterly cash dividend and mentions that the stock was up by 2.21% last night. The stock likely went up due to the dividend announcement reflecting stability and commitment to shareholders, along with the company's strong revenue growth, efficient operations, positive stock performance, and consistent dividend payments over the years.
- The article discusses the recent upgrade of Martin Marietta Materials (NYSE:MLM) stock by HSBC analyst Wesley Brooks from Reduce to Hold with a new price target of $543.00, attributing the stock's increase to higher forecasted financial outcomes for the company, an uptick in the terminal growth rate assumption, sustained tight markets, and robust pricing power over the long term. The upgrade takes into account potential stimuli-related demand, continued price increases, residential construction rebound, and strategic M&A execution as upside risks, while also noting downside risks such as lower-than-anticipated benefits from stimulus spending, customer pushback against price increases, infrastructure investment downturns, M&A challenges, and weather impacts. With this upgrade and price target revision, investors are now perceiving Martin Marietta Materials more neutrally, indicating a more balanced risk-reward scenario in light of the company's growth potential and market stability.
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| 2024-02-15 | -0.71 % |
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| 2024-02-14 | +2.32 % |
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| 2024-02-12 | +0.98 % |
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| 2024-02-06 | +1.18 % |
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| 2024-02-05 | -2.19 % |
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| 2024-02-02 | +0.85 % |
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| 2024-01-31 | -1.75 % |
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| 2024-01-29 | +2.3 % |
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| 2024-01-10 | +0.53 % |
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| 2023-11-22 | +1.02 % |
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| 2023-11-21 | +0.64 % |
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| 2023-11-10 | +0.63 % |
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| 2023-11-01 | +7.39 % |
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| 2023-10-18 | -5.21 % |
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| 2023-10-04 | +3.6 % |
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