MV Capital Management Inc. Makes New Investment in Lockheed Martin Corporation $LMT

MV Capital Management Inc. acquired a new stake in shares of Lockheed Martin Corporation (NYSE:LMT) during the fourth quarter, HoldingsChannel.com reports. The firm acquired 1,009 shares of the aerospace company’s stock, valued at approximately $488,000.

Several other institutional investors have also modified their holdings of the stock. United Financial Planning Group LLC purchased a new stake in Lockheed Martin during the 3rd quarter valued at $25,000. Basso Capital Management L.P. purchased a new position in Lockheed Martin during the fourth quarter worth $25,000. Clarity Asset Management Inc. purchased a new position in Lockheed Martin during the fourth quarter worth $26,000. Triumph Capital Management increased its position in Lockheed Martin by 66.7% during the fourth quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock valued at $26,000 after acquiring an additional 22 shares during the last quarter. Finally, Bard Associates Inc. bought a new position in Lockheed Martin during the fourth quarter valued at $27,000. 74.19% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on LMT. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Lockheed Martin from $615.00 to $575.00 and set a “hold” rating for the company in a report on Friday, April 24th. Citigroup cut their price target on shares of Lockheed Martin from $675.00 to $571.00 and set a “neutral” rating on the stock in a report on Monday, May 18th. Sanford C. Bernstein reissued a “market perform” rating on shares of Lockheed Martin in a research report on Friday, May 29th. Royal Bank Of Canada decreased their price objective on shares of Lockheed Martin from $650.00 to $575.00 and set a “sector perform” rating for the company in a research note on Friday, April 24th. Finally, Wells Fargo & Company began coverage on Lockheed Martin in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $650.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $620.68.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Lockheed Martin announced a new partnership with GM Defense to help expand U.S. defense manufacturing capacity, improve supply-chain resilience, and speed production of critical systems. Lockheed Martin (LMT) Teams Up With GM Defense To Rework U.S. Defense Manufacturing
• Positive Sentiment: Recent commentary highlighted additional contract wins and a large backlog, suggesting demand remains strong and that the stock’s weakness may be overdone relative to fundamentals. Flying Under the Radar: Lockheed Martin’s $2.8B Stealth Setup
• Neutral Sentiment: Lockheed Martin marked 75 years at its Marietta manufacturing site, emphasizing long-term production capabilities and future support for U.S. and allied defense needs. Lockheed Martin, Government Officials Tout Site’s 75 Years of Manufacturing Excellence and a Strong Future
• Neutral Sentiment: Analysts and valuation-focused coverage noted the stock may look undervalued after the decline, but that view does not appear to be tied to a new operational catalyst. Is Lockheed Martin Corp (LMT) a Bargain After 4.0% Drop? GF Value Says Undervalued
• Negative Sentiment: Investors are still reacting to Lockheed Martin’s weak first-quarter execution, including an earnings miss, negative free cash flow, and profit pressure in key programs, which helped drive the stock lower. Lockheed Martin Falls 3.9% as Investors Weigh Sector Weakness and Prior Execution Issues
• Negative Sentiment: Broader defense-stock weakness and headlines suggesting peace/de-escalation may reduce urgency for some defense spending are also weighing on sentiment. Why Lockheed Martin Stock Dropped Today

Lockheed Martin Stock Performance

LMT stock opened at $512.00 on Friday. Lockheed Martin Corporation has a twelve month low of $410.11 and a twelve month high of $692.00. The firm has a market cap of $118.05 billion, a price-to-earnings ratio of 24.79, a PEG ratio of 0.96 and a beta of 0.10. The business’s fifty day simple moving average is $540.09 and its two-hundred day simple moving average is $565.22. 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 (NYSE:LMT) last issued 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 company had revenue of $18.02 billion for the quarter, compared to analysts’ expectations of $18.38 billion. Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. The firm’s revenue for the quarter was up .3% compared to the same quarter last year. During the same period in the prior year, the firm posted $7.28 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Analysts predict that Lockheed Martin Corporation will post 29.88 earnings per share for the current year.

Lockheed Martin Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Monday, June 1st will be given a $3.45 dividend. This represents a $13.80 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Monday, June 1st. Lockheed Martin’s payout ratio 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.