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flag Investment firm cuts stake in Martin Marietta Materials, but company reports strong earnings.

flag Investment firm Federated Hermes Inc. reduced its stake in Martin Marietta Materials by 3.9% in the fourth quarter, selling off 3,697 shares. flag Despite this, the construction company reported strong earnings in its latest quarterly report, with earnings per share of $4.79, beating forecasts. flag Martin Marietta Materials, a leading supplier of building materials, has a "Moderate Buy" rating and a dividend yield of 0.69%.

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