Martin Marietta Materials (NYSE:MLM) announced that shareholders approved all proposals at the annual meeting, according to an SEC filing.
Ten directors were elected for one-year terms, including Dorothy M. Ables, Gayla J. Delly, Anthony R. Foxx, and others.
Each director received at least 51 million votes in favor, with votes against ranging from 71,000 to 2.2 million.
The meeting had a 91% quorum, with 54,913,555 shares represented.
Shareholders also ratified PricewaterhouseCoopers LLP as independent auditor for 2026, with 54,541,009 votes in favor.
In advisory voting, executive compensation was approved, with 51,322,167 shares in favor.
The Amended Stock-Based Award Plan, adopted February 19, 2026, was also approved by shareholders.
Recently, the company reported Q1 2026 results: revenue of $1.36 billion beat estimates of $1.32 billion, but EPS of $1.93 missed $2.02.
Martin Marietta declared a quarterly dividend of $0.83 per share, payable June 30, 2026.
Truist Securities raised its price target to $730, while RBC Capital lowered to $615, and Wolfe Research adjusted to $711.
