Skandinaviska Enskilda Banken AB publ Invests $1.10 Million in Lockheed Martin Corporation $LMT

Skandinaviska Enskilda Banken AB publ bought a new position in shares of Lockheed Martin Corporation (NYSE:LMT) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 2,209 shares of the aerospace company’s stock, valued at approximately $1,102,000.

Several other hedge funds have also added to or reduced their stakes in the company. Tableaux LLC grew its holdings in Lockheed Martin by 34,231.4% in the 2nd quarter. Tableaux LLC now owns 623,115 shares of the aerospace company’s stock valued at $288,589,000 after buying an additional 621,300 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Lockheed Martin by 169.3% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 572,272 shares of the aerospace company’s stock valued at $265,030,000 after acquiring an additional 359,748 shares during the period. Vanguard Group Inc. boosted its position in shares of Lockheed Martin by 1.0% in the second quarter. Vanguard Group Inc. now owns 21,697,527 shares of the aerospace company’s stock valued at $10,048,993,000 after acquiring an additional 214,565 shares during the period. Holocene Advisors LP acquired a new position in shares of Lockheed Martin in the second quarter valued at about $92,628,000. Finally, Natixis increased its position in Lockheed Martin by 1,478.6% during the second quarter. Natixis now owns 203,859 shares of the aerospace company’s stock worth $94,415,000 after acquiring an additional 190,945 shares during the period. 74.19% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on LMT. BNP Paribas Exane boosted their price objective on shares of Lockheed Martin from $550.00 to $570.00 and gave the company an “outperform” rating in a report on Thursday, January 8th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $654.00 price target on shares of Lockheed Martin in a research report on Friday, February 6th. Wall Street Zen cut Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research note on Sunday, February 8th. Royal Bank Of Canada raised their price objective on Lockheed Martin from $615.00 to $650.00 and gave the stock a “sector perform” rating in a research note on Friday, January 30th. Finally, Weiss Ratings upgraded Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 6th. Six analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $612.50.

Lockheed Martin Stock Down 1.3%

Shares of LMT opened at $658.10 on Friday. The firm has a 50 day simple moving average of $563.88 and a two-hundred day simple moving average of $502.34. The company has a debt-to-equity ratio of 3.05, a current ratio of 1.09 and a quick ratio of 0.94. Lockheed Martin Corporation has a one year low of $410.11 and a one year high of $669.75. The company has a market cap of $151.42 billion, a P/E ratio of 30.62, a P/E/G ratio of 1.19 and a beta of 0.23.

Lockheed Martin (NYSE:LMT) last issued its earnings results on Thursday, January 29th. The aerospace company reported $5.80 earnings per share for the quarter, missing analysts’ consensus estimates of $6.33 by ($0.53). Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The business had revenue of $20.32 billion during the quarter, compared to analyst estimates of $19.84 billion. During the same period in the prior year, the business posted $7.67 EPS. The company’s revenue for the quarter was up 9.1% compared to the same quarter last year. Research analysts forecast that Lockheed Martin Corporation will post 27.15 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Monday, March 2nd will be paid a $3.45 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $13.80 annualized dividend and a yield of 2.1%. Lockheed Martin’s dividend payout ratio (DPR) is 64.22%.

Key Stories Impacting Lockheed Martin

Here are the key news stories impacting Lockheed Martin this week:

• Positive Sentiment: Reports that Germany was weighing buying more F‑35 jets drove an initial rally by suggesting a material follow‑on order and revenue upside for Lockheed’s F‑35 program. Germany weighs buying more Lockheed F‑35 fighter jets – Reuters
• Positive Sentiment: Market commentary and early movers noted LMT shares rising as headlines circulated that Germany might expand its F‑35 purchase, a near‑term demand catalyst for production and backlog. Lockheed Martin Stock (LMT) Rises as Germany Eyes More F‑35 Fighter Jets – TipRanks
• Positive Sentiment: Coverage noting Germany’s approval/interest in the F‑35 helped investor sentiment and trading momentum earlier in the session. Why Lockheed Martin Stock Took Off Today – The Motley Fool
• Positive Sentiment: Lockheed secured a contract to upgrade/transform C‑130J aircrew training with Australia, adding modest near‑term revenue and reinforcing defense‑services growth beyond fighter production. Lockheed Martin Partners With Australia To Transform C‑130J Aircrew Training – Benzinga
• Positive Sentiment: Longer‑term thematic coverage (Artemis/lunar economy) highlights structural aerospace tailwinds that support multi‑year growth narratives for Lockheed and peers. Fly Me To The Moon – TalkMarkets
• Neutral Sentiment: Zacks analysis positioning LMT as a momentum name underscores favorable style scores and may attract style‑focused flows, but it’s not an immediate earnings or contract catalyst. Why Lockheed Martin (LMT) is a Top Momentum Stock for the Long‑Term – Zacks
• Neutral Sentiment: A separate Zacks piece arguing LMT is a strong value stock provides supporting analyst context for buy‑and‑hold investors but doesn’t change near‑term order risk. Here’s Why Lockheed Martin (LMT) is a Strong Value Stock – Zacks
• Negative Sentiment: Germany’s government later denied reports that it has made political decisions or concrete plans to order additional F‑35 aircraft, removing the primary near‑term upside catalyst and pressuring the stock. Germany Denies Report of Additional F‑35 Orders Beyond 35 Aircraft – Yahoo Finance

Lockheed Martin Profile

Lockheed Martin Corporation (NYSE: LMT) is a global aerospace and defense company that designs, develops and manufactures advanced technology systems for government and commercial customers. Formed through the 1995 merger of Lockheed Corporation and Martin Marietta, the company is headquartered in Bethesda, Maryland, and focuses on providing integrated solutions across air, space, land and sea domains. Its primary customers include the U.S. Department of Defense, NASA and allied governments around the world.

Lockheed Martin’s product and service portfolio spans military aircraft, missile and fire-control systems, missile defense, space systems and satellite technologies, sensors and precision weapons.