Cvfg LLC Buys Shares of 9,577 Lockheed Martin Corporation $LMT

Cvfg LLC bought a new position in Lockheed Martin Corporation (NYSE:LMT) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 9,577 shares of the aerospace company’s stock, valued at approximately $5,788,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Diamant Asset Management Inc. raised its holdings in shares of Lockheed Martin by 60,339.0% in the first quarter. Diamant Asset Management Inc. now owns 879,387 shares of the aerospace company’s stock valued at $531,493,000 after acquiring an additional 877,932 shares in the last quarter. AQR Capital Management LLC grew its holdings in Lockheed Martin by 107.3% during the 4th quarter. AQR Capital Management LLC now owns 1,293,823 shares of the aerospace company’s stock worth $625,784,000 after acquiring an additional 669,604 shares in the last quarter. Morgan Stanley increased its position 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 during the period. Sanders Capital LLC purchased a new position in Lockheed Martin during the 3rd quarter valued at about $252,699,000. Finally, Corient Private Wealth LLC raised its holdings in shares of Lockheed Martin by 203.3% in the 4th quarter. Corient Private Wealth LLC now owns 560,363 shares of the aerospace company’s stock valued at $271,031,000 after purchasing an additional 375,622 shares in the last quarter. Institutional investors own 74.19% of the company’s stock.

Key Lockheed Martin News

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

• Positive Sentiment: Lockheed Martin and Rheinmetall signed an MOU to jointly produce ATACMS missiles in Germany, opening the door to the first manufacture of the short-range ballistic missile outside the U.S. and expanding LMT’s European production footprint. Article Title
• Positive Sentiment: NATO summit announcements are highlighting billions in defense deals and higher allied spending, which should support Lockheed Martin’s backlog and demand outlook for systems like F-35s and missile defenses. Article Title
• Positive Sentiment: Lockheed Martin won two U.S. defense contracts worth more than $607 million, adding near-term revenue visibility. Article Title
• Positive Sentiment: Lockheed Martin’s Sikorsky unit is being linked to a proposed White House helipad project, a small but notable political and brand-positive headline. Article Title
• Neutral Sentiment: Lockheed Martin is also in the spotlight after agreeing to buy Ultra Maritime for $3.45 billion, a deal that expands undersea warfare capabilities but may keep investors focused on deal execution and integration costs in the near term. Article Title
• Negative Sentiment: Despite the favorable defense-news backdrop, shares have been pressured by recent concerns about valuation and the company’s prior earnings miss, which can temper enthusiasm even amid strong contract news.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on LMT. DZ Bank raised shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 30th. BNP Paribas Exane cut their price objective 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. Morgan Stanley reduced their price objective on shares of Lockheed Martin from $675.00 to $653.00 and set an “equal weight” rating for the company in a research note on Friday, April 24th. TD Cowen dropped their target price on Lockheed Martin from $670.00 to $600.00 and set a “hold” rating on the stock in a research report on Friday, April 24th. Finally, Wells Fargo & Company began coverage on Lockheed Martin in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $650.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Lockheed Martin currently has a consensus rating of “Hold” and an average price target of $613.63.

Lockheed Martin Stock Down 0.5%

Shares of Lockheed Martin stock opened at $535.26 on Wednesday. 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 company has a market cap of $123.41 billion, a P/E ratio of 25.92, a PEG ratio of 0.97 and a beta of 0.11. The firm’s 50 day moving average price is $521.05 and its 200-day moving average price is $570.07. Lockheed Martin Corporation has a 52-week low of $410.11 and a 52-week high of $692.00.

Lockheed Martin (NYSE:LMT) last posted its earnings results 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 firm had revenue of $18.02 billion for the quarter, compared to analysts’ expectations of $18.38 billion. Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. The company’s revenue was up .3% on a year-over-year basis. During the same period in the previous year, the company earned $7.28 EPS. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. On average, sell-side analysts predict that Lockheed Martin Corporation will post 29.88 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

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

Lockheed Martin 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.