Lockheed Martin Corporation $LMT Shares Acquired by Czech National Bank

Czech National Bank increased its stake in shares of Lockheed Martin Corporation (NYSE:LMTFree Report) by 4.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 57,752 shares of the aerospace company’s stock after buying an additional 2,610 shares during the quarter. Czech National Bank’s holdings in Lockheed Martin were worth $29,422,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. IAG Wealth Partners LLC lifted its position in Lockheed Martin by 4,800.0% during the 1st quarter. IAG Wealth Partners LLC now owns 49 shares of the aerospace company’s stock worth $30,000 after acquiring an additional 48 shares during the period. United Financial Planning Group LLC acquired a new position in shares of Lockheed Martin in the third quarter valued at approximately $25,000. Basso Capital Management L.P. purchased a new stake in shares of Lockheed Martin during the fourth quarter worth approximately $25,000. Clarity Asset Management Inc. purchased a new stake in shares of Lockheed Martin during the fourth quarter worth approximately $26,000. Finally, TD Capital Management LLC lifted its holdings in shares of Lockheed Martin by 450.0% during the fourth quarter. TD Capital Management LLC now owns 55 shares of the aerospace company’s stock worth $27,000 after purchasing an additional 45 shares during the period. Institutional investors and hedge funds own 74.19% of the company’s stock.

Lockheed Martin Stock Performance

Shares of LMT opened at $581.90 on Friday. The company has a 50-day simple moving average of $532.87 and a 200-day simple moving average of $575.78. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 2.34. The company has a market capitalization of $134.30 billion, a PE ratio of 21.45, a P/E/G ratio of 0.99 and a beta of 0.10. Lockheed Martin Corporation has a 52-week low of $423.91 and a 52-week high of $692.00.

Lockheed Martin (NYSE:LMTGet Free Report) last issued its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share for the quarter, topping the consensus estimate of $7.22 by $0.72. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The company had revenue of $20.06 billion for the quarter, compared to analyst estimates of $19.34 billion. During the same period in the prior year, the business posted $1.46 earnings per share. The firm’s revenue for the quarter was up 10.5% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Equities research analysts predict that Lockheed Martin Corporation will post 30.36 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Tuesday, September 1st will be given a dividend of $3.45 per share. This represents a $13.80 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Tuesday, September 1st. Lockheed Martin’s payout ratio is presently 50.87%.

Trending Headlines about Lockheed Martin

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Analysts Set New Price Targets

A number of equities analysts recently weighed in on LMT shares. Royal Bank Of Canada lifted their price objective on shares of Lockheed Martin from $575.00 to $600.00 and gave the company a “sector perform” rating in a research report on Friday, July 24th. Weiss Ratings upgraded shares of Lockheed Martin from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Wall Street Zen raised shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a report on Saturday, July 25th. DZ Bank upgraded shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 30th. Finally, Sanford C. Bernstein reissued a “market perform” rating on shares of Lockheed Martin in a report on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Lockheed Martin has an average rating of “Hold” and an average target price of $626.33.

Check Out Our Latest Analysis on LMT

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.

See Also

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

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