Longfellow Investment Management Co. LLC Purchases New Holdings in Lockheed Martin Corporation $LMT

Longfellow Investment Management Co. LLC purchased a new stake in Lockheed Martin Corporation (NYSE:LMT) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 2,517 shares of the aerospace company’s stock, valued at approximately $1,282,000.

Several other institutional investors have also recently bought and sold shares of LMT. Basso Capital Management L.P. bought a new position in Lockheed Martin in the 4th quarter valued at $25,000. United Financial Planning Group LLC bought a new stake in shares of Lockheed Martin during the third quarter worth $25,000. Clarity Asset Management Inc. acquired a new position in shares of Lockheed Martin during the fourth quarter valued at $26,000. Triumph Capital Management lifted its stake in shares of Lockheed Martin by 66.7% during the fourth quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock valued at $26,000 after acquiring an additional 22 shares during the period. Finally, Bard Associates Inc. bought a new position in Lockheed Martin in the fourth quarter valued at about $27,000. Institutional investors own 74.19% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on LMT shares. Weiss Ratings upgraded Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday. Bank of America reduced their target price on shares of Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating on the stock in a research note on Friday, April 24th. BNP Paribas Exane lowered their price target 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. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Lockheed Martin from $615.00 to $575.00 and set a “hold” rating for the company in a research note on Friday, April 24th. Finally, Royal Bank Of Canada lifted their target price on shares of Lockheed Martin from $575.00 to $600.00 and gave the stock a “sector perform” rating in a report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $632.39.

Lockheed Martin Stock Performance

Shares of LMT stock opened at $608.21 on Monday. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.19 and a quick ratio of 1.01. The stock has a market cap of $140.37 billion, a PE ratio of 22.42, a price-to-earnings-growth ratio of 1.04 and a beta of 0.10. The stock has a 50-day moving average of $542.51 and a 200-day moving average of $576.42. Lockheed Martin Corporation has a one year low of $436.46 and a one year high of $692.00.

Lockheed Martin (NYSE:LMT) last released its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share for the quarter, topping the consensus estimate of $7.22 by $0.72. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The business had revenue of $20.06 billion for the quarter, compared to analyst estimates of $19.34 billion. During the same quarter last year, the firm earned $1.46 EPS. Lockheed Martin’s quarterly revenue was up 10.5% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. As a group, sell-side analysts expect that Lockheed Martin Corporation will post 30.39 earnings per share for the current year.

Lockheed Martin Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Tuesday, September 1st will be issued a $3.45 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $13.80 annualized dividend and a yield of 2.3%. Lockheed Martin’s dividend payout ratio (DPR) is 50.87%.

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.