Himension Capital Singapore PTE. LTD. Acquires Shares of 1,036 Lockheed Martin Corporation $LMT

Himension Capital Singapore PTE. LTD. acquired a new stake in shares of Lockheed Martin Corporation (NYSE:LMT) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,036 shares of the aerospace company’s stock, valued at approximately $626,000.

Several other institutional investors have also modified their holdings of the stock. Welch Group LLC raised its holdings in shares of 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 period. World Investment Advisors lifted its stake in shares of Lockheed Martin by 54.7% during the 4th quarter. World Investment Advisors now owns 14,739 shares of the aerospace company’s stock worth $7,129,000 after acquiring an additional 5,214 shares during the last quarter. SG Americas Securities LLC boosted its holdings in Lockheed Martin by 5.4% during the 1st quarter. SG Americas Securities LLC now owns 276,383 shares of the aerospace company’s stock valued at $167,043,000 after acquiring an additional 14,150 shares during the period. Secured Retirement Advisors LLC boosted its holdings in Lockheed Martin by 288.6% during the 4th quarter. Secured Retirement Advisors LLC now owns 3,128 shares of the aerospace company’s stock valued at $1,513,000 after acquiring an additional 2,323 shares during the period. Finally, Savvy Advisors Inc. grew its position in Lockheed Martin by 59.4% in the 4th quarter. Savvy Advisors Inc. now owns 7,637 shares of the aerospace company’s stock valued at $3,694,000 after acquiring an additional 2,847 shares during the last quarter. 74.19% of the stock is owned by institutional investors.

Lockheed Martin Trading Down 0.6%

LMT opened at $506.23 on Wednesday. The stock’s fifty day moving average is $521.59 and its two-hundred day moving average is $572.42. The company has a market capitalization of $116.72 billion, a P/E ratio of 24.51, a PEG ratio of 0.91 and a beta of 0.11. Lockheed Martin Corporation has a 52 week low of $410.11 and a 52 week high of $692.00. The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 2.74.

Lockheed Martin (NYSE:LMT) last issued its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share for the quarter, missing analysts’ consensus estimates of $6.79 by ($0.35). Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. The firm had revenue of $18.02 billion for the quarter, compared to the consensus estimate of $18.38 billion. During the same period last year, the firm earned $7.28 earnings per share. The company’s revenue for the quarter was up .3% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Analysts forecast that Lockheed Martin Corporation will post 29.94 earnings per share for the current year.

Lockheed Martin Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 1st were paid a dividend of $3.45 per share. The ex-dividend date was Monday, June 1st. This represents a $13.80 annualized dividend and a dividend yield of 2.7%. Lockheed Martin’s dividend payout ratio (DPR) is currently 66.83%.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Lockheed Martin secured a $10.5 billion, 12-year U.S. Special Operations Command logistics and sustainment contract for its GLSS2 program, reinforcing its long-term backlog and supporting the investment case for the shares. Is Lockheed Martin (LMT) Undervalued On Its $10.5b GLSS2 Contract Win?
• Positive Sentiment: The company also unveiled PAC-3 ACE, a lower-cost Patriot interceptor priced at less than half of the current PAC-3 MSE, which could help Lockheed stay competitive as demand for air defenses rises globally. Lockheed to make cheaper Patriot interceptors as air defense demand soars
• Positive Sentiment: Lockheed Martin also announced new defense-tech collaborations, including work with Venus Aerospace on next-generation propulsion, which highlights continued investment in future weapons and space capabilities. Lockheed Martin and Venus Aerospace Collaborate to Advance Next-Generation Propulsion for Long-Range Precision Fires

Analyst Ratings Changes

LMT has been the topic of a number of recent analyst reports. Royal Bank Of Canada reduced their target price on Lockheed Martin from $650.00 to $575.00 and set a “sector perform” rating on the stock in a research note on Friday, April 24th. BNP Paribas Exane cut their price target on shares of Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating on the stock in a report on Friday, April 24th. Sanford C. Bernstein restated a “market perform” rating on shares of Lockheed Martin in a report on Friday, May 29th. Wall Street Zen downgraded shares of Lockheed Martin from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. Finally, Jefferies Financial Group set a $575.00 price objective on shares of Lockheed Martin in a report on Thursday, June 25th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $615.78.

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.