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Martin Marietta Announces Asset Exchange with Quikrete

Story Highlights
  • Martin Marietta will exchange cement and concrete assets with Quikrete for aggregates and cash.
  • The company completed acquiring Premier Magnesia, strengthening its magnesia products market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Martin Marietta Announces Asset Exchange with Quikrete

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Martin Marietta Materials ( (MLM) ) has shared an announcement.

On August 4, 2025, Martin Marietta Materials announced an asset exchange agreement with Quikrete Holdings, where Martin Marietta will transfer its cement and ready-mix concrete operations in Texas to Quikrete in exchange for Quikrete’s aggregates operations in Virginia, Missouri, Kansas, and Western Canada, along with $450 million in cash. Additionally, Martin Marietta completed the acquisition of Premier Magnesia, LLC, enhancing its position in the magnesia-based products market. These strategic moves are expected to optimize Martin Marietta’s portfolio, focusing on higher-margin aggregates and supporting long-term earnings growth.

The most recent analyst rating on (MLM) stock is a Buy with a $646.00 price target. To see the full list of analyst forecasts on Martin Marietta Materials stock, see the MLM Stock Forecast page.

Spark’s Take on MLM Stock

According to Spark, TipRanks’ AI Analyst, MLM is a Neutral.

Martin Marietta Materials demonstrates robust financial performance and positive growth outlook, particularly in infrastructure and nonresidential sectors. However, the stock’s valuation appears stretched, and technical indicators suggest caution in the short term. Recent corporate events and earnings call insights support a stable long-term outlook.

To see Spark’s full report on MLM stock, click here.

More about Martin Marietta Materials

Martin Marietta Materials is a leading American supplier of building materials, including aggregates, cement, ready mixed concrete, and asphalt, with operations across 28 states, Canada, and The Bahamas. The company also produces high-purity magnesia and dolomitic lime products through its Magnesia Specialties business, serving various environmental, industrial, agricultural, and specialty applications.

Average Trading Volume: 394,877

Technical Sentiment Signal: Strong Buy

Current Market Cap: $34.84B

For an in-depth examination of MLM stock, go to TipRanks’ Overview page.

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