LM Advisors LLC Buys Shares of 1,597 Lockheed Martin Corporation $LMT

LM Advisors LLC purchased a new stake in Lockheed Martin Corporation (NYSE:LMT) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 1,597 shares of the aerospace company’s stock, valued at approximately $813,000.

Several other hedge funds have also recently modified their holdings of LMT. Brighton Jones LLC raised its stake in Lockheed Martin by 5.0% in the fourth quarter. Brighton Jones LLC now owns 3,995 shares of the aerospace company’s stock worth $1,941,000 after buying an additional 191 shares in the last quarter. Sivia Capital Partners LLC lifted its holdings in Lockheed Martin by 5.4% during the second quarter. Sivia Capital Partners LLC now owns 973 shares of the aerospace company’s stock worth $451,000 after buying an additional 50 shares during the period. Schnieders Capital Management LLC. boosted its position in Lockheed Martin by 17.3% during the 2nd quarter. Schnieders Capital Management LLC. now owns 1,460 shares of the aerospace company’s stock valued at $676,000 after acquiring an additional 215 shares in the last quarter. Gamco Investors INC. ET AL boosted its position in Lockheed Martin by 36.0% during the 2nd quarter. Gamco Investors INC. ET AL now owns 2,250 shares of the aerospace company’s stock valued at $1,042,000 after acquiring an additional 595 shares in the last quarter. Finally, Sei Investments Co. increased its holdings in shares of Lockheed Martin by 18.2% in the 2nd quarter. Sei Investments Co. now owns 86,569 shares of the aerospace company’s stock valued at $40,092,000 after acquiring an additional 13,300 shares during the period. Hedge funds and other institutional investors own 74.19% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Jefferies Financial Group restated a “hold” rating on shares of Lockheed Martin in a research note on Sunday, July 26th. Citigroup lifted their target price on Lockheed Martin from $641.00 to $691.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. Weiss Ratings upgraded shares of Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 13th. TD Cowen decreased their price target on shares of Lockheed Martin from $600.00 to $560.00 and set a “hold” rating for the company in a research report on Monday, July 13th. Finally, UBS Group restated a “neutral” rating and issued a $581.00 price target on shares of Lockheed Martin in a report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $632.39.

Lockheed Martin Stock Performance

Shares of LMT stock opened at $564.61 on Friday. The business’s fifty day simple moving average is $547.80 and its 200-day simple moving average is $575.73. The company has a market cap of $130.31 billion, a PE ratio of 20.81, a PEG ratio of 0.97 and a beta of 0.10. 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 Corporation has a 12-month low of $437.25 and a 12-month high of $692.00.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share for the quarter, topping analysts’ consensus estimates of $7.22 by $0.72. The firm had revenue of $20.06 billion during the quarter, compared to analysts’ expectations of $19.34 billion. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.The business’s quarterly revenue was up 10.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.46 EPS. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Analysts expect that Lockheed Martin Corporation will post 30.39 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

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

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.