Lockheed Martin Corporation $LMT Shares Sold by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC reduced its position in Lockheed Martin Corporation (NYSE:LMT) by 35.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 53,231 shares of the aerospace company’s stock after selling 29,168 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Lockheed Martin were worth $25,746,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in LMT. United Financial Planning Group LLC acquired a new stake in shares of Lockheed Martin in the third quarter valued at about $25,000. Tucker Asset Management LLC acquired a new stake in shares of Lockheed Martin in the fourth quarter valued at about $32,000. Beacon Financial Strategies CORP acquired a new stake in shares of Lockheed Martin in the fourth quarter valued at about $34,000. Wexford Capital LP acquired a new stake in shares of Lockheed Martin in the third quarter valued at about $36,000. Finally, Torren Management LLC acquired a new stake in shares of Lockheed Martin in the fourth quarter valued at about $38,000. Hedge funds and other institutional investors own 74.19% of the company’s stock.

Lockheed Martin Price Performance

Shares of LMT opened at $519.92 on Tuesday. Lockheed Martin Corporation has a 1-year low of $410.11 and a 1-year high of $692.00. The stock has a market cap of $119.87 billion, a PE ratio of 25.18, a P/E/G ratio of 0.95 and a beta of 0.10. The firm has a 50-day simple moving average of $553.96 and a two-hundred day simple moving average of $561.12. The company has a debt-to-equity ratio of 2.74, a current ratio of 1.14 and a quick ratio of 0.94.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings data on Thursday, April 23rd. The aerospace company reported $6.44 EPS 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 analysts’ expectations of $18.38 billion. During the same period in the previous year, the business posted $7.28 EPS. The company’s revenue for the quarter was up .3% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. As a group, analysts forecast that Lockheed Martin Corporation will post 29.88 EPS for the current year.

Lockheed Martin Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Monday, June 1st will be paid a $3.45 dividend. The ex-dividend date is Monday, June 1st. This represents a $13.80 dividend on an annualized basis and a yield of 2.7%. Lockheed Martin’s payout ratio is currently 66.83%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on LMT shares. BNP Paribas Exane reduced their target price on shares of Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating for the company in a research report on Friday, April 24th. Weiss Ratings upgraded shares of Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, May 14th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Lockheed Martin from $615.00 to $575.00 and set a “hold” rating for the company in a research report on Friday, April 24th. Argus increased their target price on shares of Lockheed Martin from $530.00 to $735.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Finally, DZ Bank upgraded shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $620.68.

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.