Capital Advisors Inc. OK Grows Stock Holdings in Lockheed Martin Corporation $LMT

Capital Advisors Inc. OK boosted its stake in Lockheed Martin Corporation (NYSE:LMT) by 21.6% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 80,792 shares of the aerospace company’s stock after acquiring an additional 14,340 shares during the period. Capital Advisors Inc. OK’s holdings in Lockheed Martin were worth $41,160,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in LMT. IAG Wealth Partners LLC lifted its position in Lockheed Martin by 4,800.0% in the first quarter. IAG Wealth Partners LLC now owns 49 shares of the aerospace company’s stock valued at $30,000 after purchasing an additional 48 shares during the period. Burnham & Co LLC acquired a new stake in Lockheed Martin during the second quarter worth approximately $25,000. United Financial Planning Group LLC acquired a new stake in Lockheed Martin in the 3rd quarter worth about $25,000. Basso Capital Management L.P. acquired a new position in shares of Lockheed Martin in the 4th quarter valued at $25,000. Finally, Field & Main Bank purchased a new stake in Lockheed Martin during the second quarter valued at about $26,000. 74.19% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Wells Fargo & Company set a $600.00 target price on Lockheed Martin in a report on Monday, July 27th. Robert W. Baird set a $700.00 price objective on shares of Lockheed Martin in a research note on Friday, July 24th. Wall Street Zen raised shares of Lockheed Martin from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Jefferies Financial Group restated a “hold” rating on shares of Lockheed Martin in a report on Sunday, July 26th. Finally, UBS Group reiterated a “neutral” rating and issued a $581.00 price target on shares of Lockheed Martin in a report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $632.39.

Lockheed Martin Stock Down 0.4%

Shares of NYSE:LMT opened at $563.82 on Friday. The company has a current ratio of 1.19, a quick ratio of 1.01 and a debt-to-equity ratio of 2.34. The company has a fifty day simple moving average of $551.70 and a 200 day simple moving average of $573.75. The firm has a market cap of $130.12 billion, a PE ratio of 20.78, a price-to-earnings-growth ratio of 0.97 and a beta of 0.10. 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 results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $20.06 billion for the quarter, compared to analysts’ expectations of $19.34 billion. During the same period in the prior year, the company posted $1.46 earnings per share. The firm’s quarterly revenue was up 10.5% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. On average, equities research analysts anticipate that Lockheed Martin Corporation will post 30.39 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

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