Uhlmann Price Securities LLC Makes New Investment in Lockheed Martin Corporation $LMT

Uhlmann Price Securities LLC purchased a new position in Lockheed Martin Corporation (NYSE:LMT) in the first quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 3,106 shares of the aerospace company’s stock, valued at approximately $1,895,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Charles Schwab Investment Management Inc. raised its holdings in Lockheed Martin by 1.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,638,936 shares of the aerospace company’s stock worth $4,178,399,000 after purchasing an additional 114,900 shares in the last quarter. Morgan Stanley boosted its stake in Lockheed Martin by 10.1% during the 4th quarter. Morgan Stanley now owns 5,728,551 shares of the aerospace company’s stock valued at $2,770,729,000 after purchasing an additional 527,523 shares in the last quarter. Wellington Management Group LLP boosted its stake in Lockheed Martin by 3.4% during the 3rd quarter. Wellington Management Group LLP now owns 2,384,753 shares of the aerospace company’s stock valued at $1,190,493,000 after purchasing an additional 79,491 shares in the last quarter. Invesco Ltd. increased its position in shares of Lockheed Martin by 4.2% during the 3rd quarter. Invesco Ltd. now owns 2,196,058 shares of the aerospace company’s stock valued at $1,096,294,000 after purchasing an additional 87,663 shares during the period. Finally, Franklin Resources Inc. increased its position in shares of Lockheed Martin by 0.6% during the 4th quarter. Franklin Resources Inc. now owns 1,670,284 shares of the aerospace company’s stock valued at $807,866,000 after purchasing an additional 10,349 shares during the period. 74.19% of the stock is currently owned by institutional investors.

Lockheed Martin Trading Up 0.2%

Lockheed Martin stock opened at $512.00 on Friday. The firm has a market cap of $118.05 billion, a price-to-earnings ratio of 24.79, a price-to-earnings-growth ratio of 0.93 and a beta of 0.10. Lockheed Martin Corporation has a 1 year low of $410.11 and a 1 year high of $692.00. The firm’s 50 day moving average price is $537.77 and its two-hundred day moving average price is $564.85. The company has a debt-to-equity ratio of 2.74, a quick ratio of 0.94 and a current ratio of 1.14.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings data on Thursday, April 23rd. The aerospace company reported $6.44 EPS for the quarter, missing analysts’ consensus estimates of $6.79 by ($0.35). The company had revenue of $18.02 billion for the quarter, compared to analyst estimates of $18.38 billion. Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. Lockheed Martin’s revenue was up .3% on a year-over-year basis. During the same quarter last year, the company posted $7.28 EPS. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. On average, research analysts predict that Lockheed Martin Corporation will post 29.88 EPS for the current fiscal year.

Lockheed Martin Announces Dividend

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

Analyst Ratings Changes

Several brokerages have recently weighed in on LMT. Sanford C. Bernstein restated a “market perform” rating on shares of Lockheed Martin in a report on Friday, May 29th. Argus lifted their target price on Lockheed Martin from $530.00 to $735.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Morgan Stanley lowered their target price on Lockheed Martin from $675.00 to $653.00 and set an “equal weight” rating on the stock in a report on Friday, April 24th. Bank of America dropped their price target on shares of Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating on the stock in a research report on Friday, April 24th. Finally, DZ Bank raised shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $620.68.

Key Lockheed Martin News

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

• Positive Sentiment: Some recent commentary suggests LMT may be benefiting from renewed attention on defense demand, with defense-stock bulls pointing to stronger munitions needs and ongoing U.S. military replenishment priorities. Article Title
• Positive Sentiment: Valuation-focused coverage argues Lockheed Martin may be undervalued after its recent decline, which could attract bargain hunters if investors believe the stock has overshot the fundamentals. Article Title
• Neutral Sentiment: Analyst targets remain above the current trading range, with recent price targets clustering well above where the stock is now, suggesting Wall Street still sees upside if execution stabilizes. Article Title
• Negative Sentiment: Investors remain focused on Lockheed Martin’s first-quarter miss, including lower-than-expected EPS and revenue, along with negative free cash flow, which has weighed on sentiment. Article Title
• Negative Sentiment: Coverage also highlights execution issues on major programs such as F-16, C-130, CH-53K, and Seahawk, adding to concerns that profit pressures could persist even if full-year guidance is unchanged. Article Title

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.