Lockheed Martin Corporation $LMT Shares Acquired by Capital Advisors Inc. OK

Capital Advisors Inc. OK lifted its position in shares of Lockheed Martin Corporation (NYSE:LMT) by 21.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 80,792 shares of the aerospace company’s stock after acquiring an additional 14,340 shares during the period. Capital Advisors Inc. OK’s holdings in Lockheed Martin were worth $41,160,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Basso Capital Management L.P. bought a new stake in Lockheed Martin during the fourth quarter valued at $25,000. Burnham & Co LLC bought a new position in shares of Lockheed Martin in the 2nd quarter worth about $25,000. United Financial Planning Group LLC acquired a new position in shares of Lockheed Martin in the 3rd quarter valued at about $25,000. Clarity Asset Management Inc. acquired a new position in shares of Lockheed Martin in the 4th quarter valued at about $26,000. Finally, Field & Main Bank bought a new stake in shares of Lockheed Martin during the 2nd quarter valued at about $26,000. 74.19% of the stock is currently owned by institutional investors.

Lockheed Martin Price Performance

NYSE:LMT opened at $563.82 on Friday. Lockheed Martin Corporation has a 52-week low of $437.25 and a 52-week high of $692.00. The firm has a market cap of $130.12 billion, a P/E ratio of 20.78, a PEG ratio of 0.97 and a beta of 0.10. The business’s 50-day moving average price is $551.70 and its 200 day moving average price is $573.75. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 2.34.

Lockheed Martin (NYSE:LMT) last issued its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share for the quarter, topping analysts’ consensus estimates of $7.22 by $0.72. The firm 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 firm’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same period last year, the firm posted $1.46 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. As a group, sell-side analysts predict that Lockheed Martin Corporation will post 30.39 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

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. This represents a $13.80 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Tuesday, September 1st. Lockheed Martin’s dividend payout ratio (DPR) is presently 50.87%.

Wall Street Analysts Forecast Growth

LMT has been the topic of a number of recent research reports. JPMorgan Chase & Co. cut their target price on shares of Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating on the stock in a report on Tuesday, May 5th. Wall Street Zen raised Lockheed Martin from a “buy” rating to a “strong-buy” rating in a report on Saturday. Citigroup boosted their price objective on Lockheed Martin from $641.00 to $691.00 and gave the company a “buy” rating in a research report on Thursday, August 13th. Jefferies Financial Group restated a “hold” rating on shares of Lockheed Martin in a research note on Sunday, July 26th. Finally, TD Cowen dropped their target price on Lockheed Martin from $600.00 to $560.00 and set a “hold” rating on the stock in a research report on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $632.39.

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.