Roman Butler Fullerton & Co. Makes New Investment in Lockheed Martin Corporation $LMT

Roman Butler Fullerton & Co. purchased a new position in shares of Lockheed Martin Corporation (NYSE:LMT) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 1,364 shares of the aerospace company’s stock, valued at approximately $710,000.

Other large investors have also bought and sold shares of the company. IAG Wealth Partners LLC grew its position in Lockheed Martin by 4,800.0% during the first quarter. IAG Wealth Partners LLC now owns 49 shares of the aerospace company’s stock valued at $30,000 after buying an additional 48 shares during the period. United Financial Planning Group LLC bought a new position in Lockheed Martin during the third quarter valued at $25,000. Basso Capital Management L.P. bought a new position in Lockheed Martin during the fourth quarter valued at $25,000. Clarity Asset Management Inc. bought a new stake in shares of Lockheed Martin in the fourth quarter valued at $26,000. Finally, TD Capital Management LLC boosted its position in 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. 74.19% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Jefferies Financial Group reissued a “hold” rating on shares of Lockheed Martin in a research report on Sunday, July 26th. Robert W. Baird set a $700.00 price target on shares of Lockheed Martin in a report on Friday, July 24th. Weiss Ratings raised shares of Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday. Deutsche Bank Aktiengesellschaft reduced their price target 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. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Lockheed Martin in a research note on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Lockheed Martin currently has an average rating of “Hold” and an average target price of $632.39.

Lockheed Martin Trading Down 0.1%

Lockheed Martin stock opened at $608.21 on Monday. Lockheed Martin Corporation has a 12 month low of $436.46 and a 12 month high of $692.00. The company has a market capitalization of $140.37 billion, a price-to-earnings ratio of 22.42, a price-to-earnings-growth ratio of 1.04 and a beta of 0.10. The business’s fifty day simple moving average is $542.51 and its two-hundred day simple moving average is $576.42. The company has a current ratio of 1.19, a quick ratio of 1.01 and a debt-to-equity ratio of 2.34.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.22 by $0.72. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.The firm had revenue of $20.06 billion during the quarter, compared to analyst estimates of $19.34 billion. During the same quarter in the previous year, the firm earned $1.46 EPS. Lockheed Martin’s quarterly revenue 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. As a group, equities analysts predict that Lockheed Martin Corporation will post 30.39 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Tuesday, September 1st will be given a dividend of $3.45 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $13.80 annualized dividend and a dividend yield of 2.3%. Lockheed Martin’s dividend payout ratio (DPR) is 50.87%.

Lockheed Martin Company 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.