47,632 Lockheed Martin Corporation $LMT Shares Bought by International Assets Investment Management LLC

International Assets Investment Management LLC increased its stake in Lockheed Martin Corporation (NYSE:LMT) by 2,011.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 50,000 shares of the aerospace company’s stock after buying an additional 47,632 shares during the quarter. International Assets Investment Management LLC’s holdings in Lockheed Martin were worth $25,462,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Prosperitas Financial LLC increased its stake in Lockheed Martin by 8.6% during the 3rd quarter. Prosperitas Financial LLC now owns 10,371 shares of the aerospace company’s stock worth $5,281,000 after buying an additional 825 shares during the period. Lebenthal Global Advisors LLC lifted its holdings in Lockheed Martin by 23.2% in the 3rd quarter. Lebenthal Global Advisors LLC now owns 1,559 shares of the aerospace company’s stock worth $794,000 after buying an additional 294 shares in the last quarter. Canopy Partners LLC boosted its position in Lockheed Martin by 2.9% in the 3rd quarter. Canopy Partners LLC now owns 1,303 shares of the aerospace company’s stock valued at $664,000 after buying an additional 37 shares during the last quarter. Glenview Trust Co boosted its position in Lockheed Martin by 1.1% in the 3rd quarter. Glenview Trust Co now owns 59,882 shares of the aerospace company’s stock valued at $30,495,000 after buying an additional 662 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al grew its stake in shares of Lockheed Martin by 5.0% during the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 114,802 shares of the aerospace company’s stock valued at $58,463,000 after acquiring an additional 5,480 shares in the last quarter. 74.19% of the stock is currently owned by hedge funds and other institutional investors.

Lockheed Martin Stock Performance

Shares of Lockheed Martin stock opened at $637.60 on Friday. The firm has a market cap of $147.29 billion, a PE ratio of 22.65, a price-to-earnings-growth ratio of 1.37 and a beta of 0.09. The firm’s 50-day simple moving average is $544.17 and its 200-day simple moving average is $568.87. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.10 and a current ratio of 1.26. Lockheed Martin Corporation has a 1 year low of $437.25 and a 1 year high of $692.00.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings results on Thursday, October 22nd. The aerospace company reported $7.97 EPS for the quarter, topping analysts’ consensus estimates of $7.52 by $0.45. The business had revenue of $20.71 billion during the quarter, compared to the consensus estimate of $20.48 billion. Lockheed Martin had a return on equity of 83.41% and a net margin of 8.23%. The company’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period last year, the firm earned $6.95 earnings per share. Equities analysts forecast that Lockheed Martin Corporation will post 30.59 earnings per share for the current fiscal year.

Lockheed Martin Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Tuesday, December 1st will be issued a dividend of $3.60 per share. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $14.40 dividend on an annualized basis and a yield of 2.3%. This is a boost from Lockheed Martin’s previous quarterly dividend of $3.45. Lockheed Martin’s dividend payout ratio (DPR) is 49.02%.

Analyst Upgrades and Downgrades

LMT has been the topic of a number of analyst reports. Royal Bank Of Canada lifted their target price on Lockheed Martin from $550.00 to $600.00 and gave the stock a “sector perform” rating in a research report on Friday, October 23rd. Wall Street Zen downgraded Lockheed Martin from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 17th. Citigroup raised their price objective on Lockheed Martin from $691.00 to $706.00 and gave the company a “buy” rating in a research note on Friday, October 23rd. Bank of America restated a “neutral” rating and set a $620.00 price objective on shares of Lockheed Martin in a report on Monday. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a $615.00 target price on shares of Lockheed Martin in a research report on Sunday, October 25th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $638.05.

More Lockheed Martin News

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

• Positive Sentiment: The U.S. State Department approved a possible $2.1 billion Patriot missile package for Ukraine, naming Lockheed Martin as the principal contractor. The package includes 500 PAC-3 MSE interceptors, spare parts, logistics and support, and will be financed by allied and Ukrainian funds rather than direct U.S. funding. The sale could add to LMT’s missile backlog, although no delivery schedule was provided. U.S. approves $2.1 billion Patriot missile sale to Ukraine
• Positive Sentiment: Recent coverage highlights Lockheed Martin’s record $292 billion backlog, continued F-35 production at 156 aircraft annually and a 10-year F-35 agreement with the Pentagon. These developments improve long-term revenue visibility and support the case for sustained military demand. Lockheed Martin long-term investor takeaways
• Positive Sentiment: Analysts and investors are also encouraged by potentially better Department of Defense contract terms, with higher-margin Missiles and Fire Control activities expected to improve profitability and reduce development and execution risk. Lockheed Martin backlog analysis
• Neutral Sentiment: Analysts remain divided on LMT versus faster-growing defense companies such as Kratos Defense. While the backlog and F-35 progress are favorable, valuation, cash generation and uncertainty over future U.S. defense budgets remain key considerations. Kratos Defense versus Lockheed Martin analysis
• Negative Sentiment: After a roughly 27% October rally, some investors may be taking profits. Coverage also flags gradually weakening margins and warns that management’s January update on profitability and execution could determine whether the recent advance is sustainable. Lockheed Martin October rally analysis

Lockheed Martin Profile

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.