Marten Transport Ltd

More Details of Marten Transport Ltd Company

Marten Transport, Ltd. operates a multifaceted business offering a network of time and temperature-sensitive and dry truck-based transportation and distribution capabilities across its six business platforms: Temperature-Sensitive and Dry Truckload, Dedicated, Intermodal, Brokerage and MRTN de Mexico. Its Truckload segment provides a combination of regional short-haul and medium-to-long-haul full-load transportation services. Dedicated segment provides customized transportation solutions, utilizing temperature-controlled trailers, dry vans and other specialized equipment within the United States. Its Intermodal segment transports its customers’ freight within the United States utilizing its refrigerated containers on railroad flatcars for portions of trips, with the balance of the trips using its tractors or, to a lesser extent, contracted carriers. Brokerage segment develops contractual relationships with and arranges for third-party carriers to transport freight for its customers.

Company Info

Company codeMRTN

Company nameMarten Transport Ltd

IPO dateSep 25, 1986

Founded at1988

CEOMr. Timothy M. (Tim) Kohl

Number of employees3776

Security typeOrdinary Share

Fiscal year-endSep 25

Address129 Marten Street

CityMONDOVI

Stock exchangeNASDAQ Global Select Consolidated

CountryUnited States of America

Postal code54755

Phone17159264216

Websitehttps://www.marten.com/

Company codeMRTN

IPO dateSep 25, 1986

Founded at1988

Company Executives

Name

Name/Position

Position

Shareholding

Change

Mr. Randolph L. (Randy) Marten

Executive Chairman of the Board

17.72M

+0.08%

Mr. Timothy M. (Tim) Kohl

Chief Executive Officer

272.78K

+4.77%

Mr. James J. Hinnendael, CPA

Chief Financial Officer, Executive Vice President

147.62K

+4.83%

Mr. Robert L. Demorest

Lead Independent Director

61.37K

+7.91%

Mr. Ronald Richard Booth

Independent Director

28.25K

+18.95%

Ms. Kathleen P. (Kitty) Iverson

Independent Director

18.75K

+31.58%

Ms. Patricia L. Jones

Independent Director

11.00K

+69.23%

Mr. Jerry M. Bauer

Independent Director

--

Mr. Douglas P. (Doug) Petit

President

--

Mr. Randall J. Baier

Chief Technology Officer, Executive Vice President

--

Name

Name/Position

Position

Shareholding

Change

Mr. Randolph L. (Randy) Marten

Executive Chairman of the Board

17.72M

+0.08%

Mr. Timothy M. (Tim) Kohl

Chief Executive Officer

272.78K

+4.77%

Mr. James J. Hinnendael, CPA

Chief Financial Officer, Executive Vice President

147.62K

+4.83%

Mr. Robert L. Demorest

Lead Independent Director

61.37K

+7.91%

Mr. Ronald Richard Booth

Independent Director

28.25K

+18.95%

Ms. Kathleen P. (Kitty) Iverson

Independent Director

18.75K

+31.58%

Revenue Breakdown

No Data

No Data

By Business

By Region

No Data

Shareholder

Update time: Fri, May 16

Shareholder Statistics

Type

Shareholder Statistics

Shareholder

Proportion

Marten (Randolph L)

21.74%

BlackRock Institutional Trust Company, N.A.

10.04%

Dimensional Fund Advisors, L.P.

6.76%

Nuance Investments, LLC

6.43%

Marten (Christine K)

6.40%

Other

48.64%

Shareholder Statistics

Shareholder

Proportion

Marten (Randolph L)

21.74%

BlackRock Institutional Trust Company, N.A.

10.04%

Dimensional Fund Advisors, L.P.

6.76%

Nuance Investments, LLC

6.43%

Marten (Christine K)

6.40%

Other

48.64%

Type

Shareholder

Proportion

Investment Advisor

35.35%

Investment Advisor/Hedge Fund

31.09%

Individual Investor

29.41%

Hedge Fund

2.43%

Research Firm

2.00%

Pension Fund

0.85%

Bank and Trust

0.31%

Sovereign Wealth Fund

0.21%

Insurance Company

0.03%

Institutional Shareholding

Update time: Tue, Mar 4

Reporting Period

No. of institutions

Shares Held

Proportion

Change

2025Q1

440

82.38M

101.08%

-3.09M

2024Q4

456

82.48M

101.25%

-3.66M

2024Q3

461

81.28M

99.79%

-4.43M

2024Q2

460

81.09M

99.62%

-2.48M

2024Q1

459

80.97M

99.54%

-3.03M

2023Q4

455

81.19M

99.87%

-2.20M

2023Q3

453

80.64M

99.18%

-3.84M

2023Q2

458

80.65M

99.23%

-3.29M

2023Q1

462

80.09M

98.59%

-4.47M

2022Q4

467

80.05M

98.30%

-5.10M

Shareholder Activity

Name

Shares Held

Proportion

Change

Chg %

Date

Marten (Randolph L)

17.70M

21.73%

-3.78K

-0.02%

Mar 11, 2025

BlackRock Institutional Trust Company, N.A.

8.45M

10.37%

+164.84K

+1.99%

Dec 31, 2024

Dimensional Fund Advisors, L.P.

5.75M

7.06%

-70.81K

-1.22%

Dec 31, 2024

Nuance Investments, LLC

3.20M

3.92%

+569.70K

+21.69%

Dec 31, 2024

Marten (Christine K)

5.21M

6.4%

--

Feb 14, 2025

The Vanguard Group, Inc.

4.18M

5.13%

-26.65K

-0.63%

Dec 31, 2024

Victory Capital Management Inc.

4.07M

5%

+23.20K

+0.57%

Dec 31, 2024

Geneva Capital Management LLC

3.14M

3.85%

-91.32K

-2.83%

Dec 31, 2024

State Street Global Advisors (US)

2.46M

3.02%

+119.44K

+5.10%

Dec 31, 2024

American Century Investment Management, Inc.

1.80M

2.21%

+175.06K

+10.75%

Dec 31, 2024

Related ETFs

Update time: Tue, May 6

Name

Proportion

JPMorgan Active Small Cap Value ETF

0.92%

Invesco S&P SmallCap Low Volatility ETF

0.69%

SPDR S&P Transportation ETF

0.66%

JPMorgan Fundamental Data Science Small Core ETF

0.34%

First Trust Small Cap Value AlphaDEX Fund

0.3%

Invesco S&P SmallCap Industrials ETF

0.29%

First Trust Small Cap Core Alphadex Fund

0.23%

WisdomTree US SmallCap Quality Dividend Growth

0.23%

Fidelity Enhanced Small Cap ETF

0.21%

Avantis US Small Cap Value ETF

0.15%

JPMorgan Active Small Cap Value ETF

Proportion0.92%

Invesco S&P SmallCap Low Volatility ETF

Proportion0.69%

SPDR S&P Transportation ETF

Proportion0.66%

JPMorgan Fundamental Data Science Small Core ETF

Proportion0.34%

First Trust Small Cap Value AlphaDEX Fund

Proportion0.3%

Invesco S&P SmallCap Industrials ETF

Proportion0.29%

First Trust Small Cap Core Alphadex Fund

Proportion0.23%

WisdomTree US SmallCap Quality Dividend Growth

Proportion0.23%

Fidelity Enhanced Small Cap ETF

Proportion0.21%

Avantis US Small Cap Value ETF

Proportion0.15%

Dividend

A total of 165.71M USD has been distributed in dividends over the past 5 years.

Date

Dividend

Record Date

Payment Date

Ex-dividend Date

Feb 21, 2025

MRTN.NB Interim Cash Dividend of gross USD 0.06 paid on Mar 28, 2025 going ex on Mar 14, 2025

Mar 14, 2025

Mar 28, 2025

Mar 14, 2025

Nov 27, 2024

MRTN.NB Final Cash Dividend of gross USD 0.06 paid on Dec 27, 2024 going ex on Dec 13, 2024

Dec 13, 2024

Dec 27, 2024

Dec 13, 2024

Aug 14, 2024

MRTN.NB Interim Cash Dividend of gross USD 0.06 paid on Sep 30, 2024 going ex on Sep 16, 2024

Sep 16, 2024

Sep 30, 2024

Sep 16, 2024

May 08, 2024

MRTN.NB Interim Cash Dividend of gross USD 0.06 paid on Jun 28, 2024 going ex on Jun 14, 2024

Jun 14, 2024

Jun 28, 2024

Jun 14, 2024

Feb 20, 2024

MRTN.NB Interim Cash Dividend of gross USD 0.06 paid on Mar 29, 2024 going ex on Mar 14, 2024

Mar 15, 2024

Mar 29, 2024

Mar 14, 2024

Dec 01, 2023

MRTN.NB Final Cash Dividend of gross USD 0.06 paid on Dec 29, 2023 going ex on Dec 14, 2023

Dec 15, 2023

Dec 29, 2023

Dec 14, 2023

Aug 16, 2023

MRTN.NB Interim Cash Dividend of gross USD 0.06 paid on Sep 29, 2023 going ex on Sep 14, 2023

Sep 15, 2023

Sep 29, 2023

Sep 14, 2023

May 02, 2023

MRTN.NB Interim Cash Dividend of gross USD 0.06 paid on Jun 30, 2023 going ex on Jun 15, 2023

Jun 16, 2023

Jun 30, 2023

Jun 15, 2023

Feb 21, 2023

MRTN.NB Interim Cash Dividend of gross USD 0.06 paid on Mar 31, 2023 going ex on Mar 16, 2023

Mar 17, 2023

Mar 31, 2023

Mar 16, 2023

Dec 01, 2022

MRTN.NB Final Cash Dividend of gross USD 0.06 paid on Dec 27, 2022 going ex on Dec 12, 2022

Dec 13, 2022

Dec 27, 2022

Dec 12, 2022

Stock Split

Date

Type

Ratio

Jul 17, 2020

Split

2>3

Date

Type

Ratio

Jul 17, 2020

Split

2>3

12.990USD