Lockheed Martin Corporation $LMT Position Increased by Lmcg Investments LLC

Lmcg Investments LLC boosted its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 38.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 11,132 shares of the aerospace company’s stock after purchasing an additional 3,070 shares during the period. Lmcg Investments LLC’s holdings in Lockheed Martin were worth $5,669,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Rooted Wealth Advisors Inc. raised its holdings in shares of Lockheed Martin by 1.8% in the first quarter. Rooted Wealth Advisors Inc. now owns 1,036 shares of the aerospace company’s stock valued at $602,000 after buying an additional 18 shares during the last quarter. Beacon Capital Management LLC boosted its stake in shares of Lockheed Martin by 4.5% during the second quarter. Beacon Capital Management LLC now owns 442 shares of the aerospace company’s stock worth $225,000 after buying an additional 19 shares during the period. YANKCOM Partnership grew its holdings in shares of Lockheed Martin by 0.7% during the third quarter. YANKCOM Partnership now owns 2,575 shares of the aerospace company’s stock worth $1,311,000 after buying an additional 19 shares during the last quarter. Capital Square LLC grew its holdings in shares of Lockheed Martin by 1.1% during the third quarter. Capital Square LLC now owns 1,793 shares of the aerospace company’s stock worth $913,000 after buying an additional 19 shares during the last quarter. Finally, Crossmark Global Holdings Inc. grew its holdings in shares of Lockheed Martin by 0.6% during the third quarter. Crossmark Global Holdings Inc. now owns 3,239 shares of the aerospace company’s stock worth $1,649,000 after buying an additional 19 shares during the last quarter. 74.19% of the stock is currently owned by institutional investors and hedge funds.

Lockheed Martin Stock Up 0.6%

Shares of Lockheed Martin stock opened at $551.76 on Thursday. The company has a market cap of $127.34 billion, a P/E ratio of 20.34, a PEG ratio of 1.18 and a beta of 0.09. The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.01 and a current ratio of 1.19. Lockheed Martin Corporation has a one year low of $437.25 and a one year high of $692.00. The firm has a fifty day moving average of $538.78 and a two-hundred day moving average of $542.10.

Lockheed Martin (NYSE:LMT) last released its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, topping the consensus estimate of $7.22 by $0.72. The company had revenue of $20.06 billion during the quarter, compared to analysts’ expectations of $19.34 billion. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The business’s revenue was up 10.5% on a year-over-year basis. During the same quarter last year, the business earned $1.46 EPS. On average, analysts forecast that Lockheed Martin Corporation will post 30.43 earnings per share for the current year.

Lockheed Martin Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Tuesday, December 1st will be paid a dividend of $3.60 per share. This represents a $14.40 dividend on an annualized basis and a dividend yield of 2.6%. This is a positive change from Lockheed Martin’s previous quarterly dividend of $3.45. The ex-dividend date is Tuesday, December 1st. Lockheed Martin’s dividend payout ratio (DPR) is presently 50.87%.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Barclays began coverage on Lockheed Martin in a research report on Friday, October 9th. They issued an “equal weight” rating and a $554.00 price target on the stock. TD Cowen decreased their price objective on Lockheed Martin from $600.00 to $570.00 and set a “hold” rating for the company in a research report on Friday, October 9th. Wall Street Zen downgraded Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 17th. Wells Fargo & Company set a $600.00 target price on Lockheed Martin in a research note on Monday, July 27th. Finally, Royal Bank Of Canada dropped their target price on Lockheed Martin from $600.00 to $550.00 and set a “sector perform” rating on the stock in a report on Thursday, October 15th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $627.10.

Lockheed Martin News Summary

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

• Positive Sentiment: Lockheed’s role in missile-defense expansion was highlighted by a seven-year, $218 million agreement with Karman Space & Defense to supply THAAD missile shrouds. The contract supports production visibility across Lockheed’s supply chain and underscores sustained Pentagon demand for interceptors. Intercepting Growth: Karman Secures $218M Lockheed Martin Deal
• Positive Sentiment: Lockheed is also expanding munitions manufacturing capacity with Hadrian, potentially helping address constrained production and replenish allied inventories. The broader defense sector is benefiting from increased government spending and multiyear procurement programs. Inside the Lockheed-Hadrian deal promising more munitions
• Positive Sentiment: Analysts expect quarterly earnings of approximately $7.52 per share on $20.46 billion in revenue. Investors are looking for another strong result, backlog commentary and confirmation of full-year guidance after Lockheed previously reported substantial earnings and revenue growth. Lockheed Martin Q3 Preview
• Neutral Sentiment: Lockheed’s free-cash-flow yield and dividend profile may attract income-oriented investors, particularly as the shares trade well below their highs. However, the market appears to be weighing that cash generation against concerns that growth could moderate. Why Is Everyone Ignoring Lockheed Martin Stock’s High Cash Yield?
• Negative Sentiment: Key risks include political uncertainty around defense budgets, rising competition and the possibility that a record backlog will take longer to convert into profitable cash flow. These concerns have contributed to LMT’s pullback from its 52-week high. Lockheed Martin stock flashes a risky pattern

About Lockheed Martin

Lockheed Martin Corporation is a global security and aerospace company headquartered in Bethesda, Maryland. Formed in 1995 through the merger of Lockheed Corporation and Martin Marietta, the company develops and produces advanced defense, aerospace, and technology systems for government and commercial customers.

Its principal business areas include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. Products and services include military aircraft such as the F-35 Lightning II, C-130 Hercules, and F-16 Fighting Falcon; missile-defense and precision-strike systems; helicopters and naval systems; command, control, communications, and intelligence technologies; satellites; space exploration systems; and other classified space and defense programs.

Lockheed Martin serves the U.S.