Lockheed Martin Corporation $LMT Shares Purchased by Vise Technologies Inc.

Vise Technologies Inc. boosted its holdings in Lockheed Martin Corporation (NYSE:LMT) by 40.1% during the 4th quarter, Holdings Channel reports. The fund owned 7,769 shares of the aerospace company’s stock after acquiring an additional 2,225 shares during the quarter. Vise Technologies Inc.’s holdings in Lockheed Martin were worth $3,758,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. United Financial Planning Group LLC acquired a new position in shares of Lockheed Martin during the 3rd quarter valued at $25,000. Tucker Asset Management LLC acquired a new position in shares of Lockheed Martin in the 4th quarter worth $32,000. Beacon Financial Strategies CORP acquired a new position in shares of Lockheed Martin in the 4th quarter worth $34,000. Wexford Capital LP acquired a new stake in Lockheed Martin during the third quarter valued at $36,000. Finally, Torren Management LLC acquired a new stake in Lockheed Martin during the fourth quarter valued at $38,000. 74.19% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Jefferies Financial Group reiterated a “hold” rating and issued a $595.00 price objective on shares of Lockheed Martin in a research note on Sunday, April 26th. Wall Street Zen lowered Lockheed Martin from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. Royal Bank Of Canada decreased their price objective on Lockheed Martin from $650.00 to $575.00 and set a “sector perform” rating on the stock in a report on Friday, April 24th. DZ Bank raised Lockheed Martin from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 30th. Finally, Weiss Ratings raised Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $620.68.

Lockheed Martin Stock Up 1.0%

NYSE:LMT opened at $524.13 on Friday. The stock’s fifty day moving average price is $556.10 and its two-hundred day moving average price is $560.17. The company has a market cap of $120.84 billion, a price-to-earnings ratio of 25.38, a P/E/G ratio of 0.94 and a beta of 0.10. Lockheed Martin Corporation has a 52-week low of $410.11 and a 52-week high of $692.00. The company has a debt-to-equity ratio of 2.74, a quick ratio of 0.94 and a current ratio of 1.14.

Lockheed Martin (NYSE:LMT) last issued its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 EPS for the quarter, missing the consensus estimate of $6.79 by ($0.35). The business had revenue of $18.02 billion for the quarter, compared to the consensus estimate of $18.38 billion. Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. The business’s revenue was up .3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $7.28 EPS. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. On average, analysts anticipate that Lockheed Martin Corporation will post 29.88 EPS for the current year.

Lockheed Martin Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Monday, June 1st will be given a dividend of $3.45 per share. The ex-dividend date is Monday, June 1st. This represents a $13.80 annualized dividend and a dividend yield of 2.6%. Lockheed Martin’s payout ratio is presently 66.83%.

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.