Lockheed Martin Corporation $LMT Position Reduced by Morgan Dempsey Capital Management LLC

Morgan Dempsey Capital Management LLC decreased its holdings in Lockheed Martin Corporation (NYSE:LMT) by 9.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,118 shares of the aerospace company’s stock after selling 1,229 shares during the period. Lockheed Martin comprises 2.9% of Morgan Dempsey Capital Management LLC’s portfolio, making the stock its 15th largest holding. Morgan Dempsey Capital Management LLC’s holdings in Lockheed Martin were worth $5,861,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in LMT. Welch Group LLC increased its holdings in Lockheed Martin by 1.5% in the fourth quarter. Welch Group LLC now owns 132,684 shares of the aerospace company’s stock worth $64,175,000 after buying an additional 1,999 shares during the last quarter. Jain Global LLC acquired a new position in Lockheed Martin in the third quarter worth approximately $38,064,000. Clough Capital Partners L P acquired a new position in Lockheed Martin in the third quarter worth approximately $31,018,000. Secured Retirement Advisors LLC increased its holdings in Lockheed Martin by 288.6% in the fourth quarter. Secured Retirement Advisors LLC now owns 3,128 shares of the aerospace company’s stock worth $1,513,000 after buying an additional 2,323 shares during the last quarter. Finally, World Investment Advisors increased its holdings in Lockheed Martin by 54.7% in the fourth quarter. World Investment Advisors now owns 14,739 shares of the aerospace company’s stock worth $7,129,000 after buying an additional 5,214 shares during the last quarter. Institutional investors and hedge funds own 74.19% of the company’s stock.

Lockheed Martin Stock Down 0.1%

Shares of Lockheed Martin stock opened at $539.94 on Monday. The stock has a market capitalization of $124.49 billion, a P/E ratio of 26.15, a PEG ratio of 0.98 and a beta of 0.10. The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 2.74. The stock has a 50 day moving average price of $548.13 and a two-hundred day moving average price of $563.19. Lockheed Martin Corporation has a 12-month low of $410.11 and a 12-month high of $692.00.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings data on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share for the quarter, missing the consensus estimate of $6.79 by ($0.35). Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. The business had revenue of $18.02 billion during the quarter, compared to the consensus estimate of $18.38 billion. During the same period in the prior year, the company posted $7.28 earnings per share. The firm’s revenue was up .3% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Equities analysts expect that Lockheed Martin Corporation will post 29.88 earnings per share for the current year.

Lockheed Martin Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 1st will be given a $3.45 dividend. This represents a $13.80 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, June 1st. Lockheed Martin’s dividend payout ratio is currently 66.83%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on LMT. TD Cowen decreased their target price on Lockheed Martin from $670.00 to $600.00 and set a “hold” rating for the company in a research report on Friday, April 24th. BNP Paribas Exane decreased their target price on Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating for the company in a research report on Friday, April 24th. Citigroup decreased their target price on Lockheed Martin from $675.00 to $571.00 and set a “neutral” rating for the company in a research report on Monday, May 18th. Weiss Ratings cut Lockheed Martin from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, June 9th. 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 equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Lockheed Martin currently has an average rating of “Hold” and an average target price of $620.68.

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.