1,905 Shares in Lockheed Martin Corporation $LMT Acquired by Impact Partnership Wealth LLC

Impact Partnership Wealth LLC purchased a new position in shares of Lockheed Martin Corporation (NYSE:LMTFree Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,905 shares of the aerospace company’s stock, valued at approximately $921,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Cerro Pacific Wealth Advisors LLC increased its stake in Lockheed Martin by 1.2% in the fourth quarter. Cerro Pacific Wealth Advisors LLC now owns 1,376 shares of the aerospace company’s stock valued at $665,000 after purchasing an additional 16 shares in the last quarter. Garner Asset Management Corp increased its stake in Lockheed Martin by 0.9% in the fourth quarter. Garner Asset Management Corp now owns 1,735 shares of the aerospace company’s stock valued at $839,000 after purchasing an additional 16 shares in the last quarter. Broadway Wealth Solutions Inc. increased its stake in Lockheed Martin by 3.6% in the fourth quarter. Broadway Wealth Solutions Inc. now owns 484 shares of the aerospace company’s stock valued at $234,000 after purchasing an additional 17 shares in the last quarter. Aspire Growth Partners LLC increased its stake in Lockheed Martin by 0.7% in the fourth quarter. Aspire Growth Partners LLC now owns 2,515 shares of the aerospace company’s stock valued at $1,217,000 after purchasing an additional 17 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. increased its stake in Lockheed Martin by 3.2% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 583 shares of the aerospace company’s stock valued at $282,000 after purchasing an additional 18 shares in the last quarter. 74.19% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have commented on LMT. Bank of America lowered their target price on shares of Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating for the company in a research note on Friday, April 24th. DZ Bank raised shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 30th. UBS Group upped their target price on shares of Lockheed Martin from $580.00 to $663.00 and gave the company a “neutral” rating in a research note on Monday, February 2nd. Jefferies Financial Group reaffirmed a “hold” rating and issued a $595.00 target price on shares of Lockheed Martin in a research note on Sunday, April 26th. Finally, TD Cowen lowered their target price on shares of Lockheed Martin from $670.00 to $600.00 and set a “hold” rating for the company in a research note on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Lockheed Martin currently has a consensus rating of “Hold” and a consensus target price of $620.68.

Get Our Latest Report on LMT

Lockheed Martin Stock Down 1.4%

Lockheed Martin stock opened at $529.82 on Friday. The stock has a market capitalization of $122.16 billion, a PE ratio of 25.66, a price-to-earnings-growth ratio of 0.97 and a beta of 0.10. Lockheed Martin Corporation has a twelve month low of $410.11 and a twelve month high of $692.00. The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 2.74. The company has a 50 day moving average of $566.61 and a 200-day moving average of $558.08.

Lockheed Martin (NYSE:LMTGet Free Report) last released its quarterly earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share for the quarter, missing the consensus estimate of $6.79 by ($0.35). The company had revenue of $18.02 billion during the quarter, compared to analyst estimates of $18.38 billion. Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. The firm’s quarterly revenue was up .3% compared to the same quarter last year. During the same quarter last year, the company earned $7.28 EPS. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. On average, equities research analysts anticipate that Lockheed Martin Corporation will post 29.88 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 1st will be issued a $3.45 dividend. This represents a $13.80 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Monday, June 1st. Lockheed Martin’s dividend payout ratio is 66.83%.

Key Headlines Impacting Lockheed Martin

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

About Lockheed Martin

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding LMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lockheed Martin Corporation (NYSE:LMTFree Report).

Institutional Ownership by Quarter for Lockheed Martin (NYSE:LMT)

Receive News & Ratings for Lockheed Martin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lockheed Martin and related companies with MarketBeat.com's FREE daily email newsletter.