Lockheed Martin Corporation $LMT Holdings Raised by Wealthfront Advisers LLC

Wealthfront Advisers LLC boosted its stake in Lockheed Martin Corporation (NYSE:LMT) by 18.8% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 27,330 shares of the aerospace company’s stock after buying an additional 4,331 shares during the period. Wealthfront Advisers LLC’s holdings in Lockheed Martin were worth $16,518,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Basso Capital Management L.P. bought a new position in shares of Lockheed Martin in the fourth quarter valued at approximately $25,000. United Financial Planning Group LLC purchased a new position in shares of Lockheed Martin in the third quarter worth approximately $25,000. Clarity Asset Management Inc. acquired a new stake in Lockheed Martin during the 4th quarter valued at $26,000. Triumph Capital Management raised 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 buying an additional 22 shares during the period. Finally, Bard Associates Inc. purchased a new stake in shares of Lockheed Martin in the fourth quarter worth approximately $27,000. Institutional investors and hedge funds own 74.19% of the company’s stock.

Lockheed Martin News Roundup

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

• Positive Sentiment: Lockheed Martin won a $10.5 billion U.S. Special Operations Command contract to provide next-generation logistics and sustainment support, a meaningful backlogged revenue win that could bolster investor confidence. Article Title
• Positive Sentiment: The company said it will expand Lockheed Martin Ventures into the U.K. and Europe, committing at least $100 million to defense-tech startups, which may help strengthen its technology pipeline and international presence. Article Title
• Positive Sentiment: Lockheed Martin also continues to deepen its undersea and submarine market exposure, including a recent U.S. Navy contract and related technology work, which adds to its long-term defense growth story. Article Title
• Neutral Sentiment: With quarterly earnings due next week, analysts are watching whether Lockheed can meet expectations after recent commentary suggested the setup may not favor an easy beat. Article Title
• Neutral Sentiment: Lockheed Martin shares have also been under some pressure recently, reflecting broader investor caution ahead of earnings despite the new contract news. Article Title

Lockheed Martin Stock Down 0.3%

Lockheed Martin stock opened at $513.09 on Friday. The company has a market capitalization of $118.30 billion, a P/E ratio of 24.85, a P/E/G ratio of 0.92 and a beta of 0.11. The firm’s fifty day simple moving average is $521.91 and its 200-day simple moving average is $571.97. The company has a current ratio of 1.14, a quick ratio of 0.94 and a debt-to-equity ratio of 2.74. Lockheed Martin Corporation has a 1-year low of $410.11 and a 1-year high of $692.00.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings data 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 the consensus estimate of $18.38 billion. Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The company’s revenue for the quarter was up .3% on a year-over-year basis. During the same quarter in the prior year, the company posted $7.28 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Sell-side analysts forecast that Lockheed Martin Corporation will post 29.94 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 1st were given a $3.45 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.7%. Lockheed Martin’s payout ratio is currently 66.83%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on LMT shares. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Lockheed Martin from $615.00 to $575.00 and set a “hold” rating on the stock in a research report on Friday, April 24th. DZ Bank upgraded shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 30th. TD Cowen dropped their price target on shares of Lockheed Martin from $600.00 to $560.00 and set a “hold” rating on the stock in a research note on Monday. Royal Bank Of Canada cut their price objective on Lockheed Martin from $650.00 to $575.00 and set a “sector perform” rating for the company in a report on Friday, April 24th. Finally, Morgan Stanley reduced their price objective on Lockheed Martin from $675.00 to $653.00 and set an “equal weight” rating for the company in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Lockheed Martin currently has an average rating of “Hold” and an average price target of $607.58.

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.