Lockheed Martin Corporation $LMT Stock Position Raised by Ieq Capital LLC

Ieq Capital LLC raised its position in shares of Lockheed Martin Corporation (NYSE:LMT) by 239.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,327 shares of the aerospace company’s stock after purchasing an additional 53,827 shares during the period. Ieq Capital LLC’s holdings in Lockheed Martin were worth $36,918,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. United Financial Planning Group LLC purchased a new stake in shares of Lockheed Martin during the 3rd quarter worth about $25,000. Triumph Capital Management raised its stake in shares of Lockheed Martin by 66.7% during the 4th quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock worth $26,000 after purchasing an additional 22 shares in the last quarter. Tucker Asset Management LLC bought a new position in shares of Lockheed Martin in the 4th quarter valued at approximately $32,000. Beacon Financial Strategies CORP bought a new position in shares of Lockheed Martin in the 4th quarter valued at approximately $34,000. Finally, Wexford Capital LP bought a new position in shares of Lockheed Martin in the 3rd quarter valued at approximately $36,000. 74.19% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

LMT has been the topic of a number of recent analyst reports. Jefferies Financial Group reissued a “hold” rating and issued a $595.00 price objective on shares of Lockheed Martin in a research note on Sunday, April 26th. BNP Paribas Exane cut their price objective on Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating on the stock in a research note on Friday, April 24th. Wall Street Zen downgraded Lockheed Martin from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. Deutsche Bank Aktiengesellschaft cut their price objective on Lockheed Martin from $615.00 to $575.00 and set a “hold” rating on the stock in a research note on Friday, April 24th. Finally, Royal Bank Of Canada cut their price objective on Lockheed Martin from $650.00 to $575.00 and set a “sector perform” rating on the stock in a research note on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Lockheed Martin has a consensus rating of “Hold” and an average target price of $620.68.

Lockheed Martin Stock Performance

LMT opened at $539.94 on Friday. The firm has a market capitalization of $124.49 billion, a P/E ratio of 26.15, a price-to-earnings-growth ratio of 0.99 and a beta of 0.10. The stock’s 50 day moving average price is $548.13 and its two-hundred day moving average price is $562.41. The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 2.74. Lockheed Martin Corporation has a 12-month low of $410.11 and a 12-month high of $692.00.

Lockheed Martin (NYSE:LMT) last released its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $6.79 by ($0.35). The business 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 business’s quarterly revenue was up .3% compared to the same quarter last year. During the same period last year, the business earned $7.28 EPS. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. On average, equities analysts forecast that Lockheed Martin Corporation will post 29.88 earnings per share for the current year.

Lockheed Martin Announces Dividend

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 issued a $3.45 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $13.80 dividend on an annualized basis and a yield of 2.6%. Lockheed Martin’s dividend payout ratio (DPR) is 66.83%.

About Lockheed Martin

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.