PYA Waltman Capital LLC Has $3.90 Million Position in Lockheed Martin Corporation $LMT

PYA Waltman Capital LLC boosted its holdings in Lockheed Martin Corporation (NYSE:LMT) by 44.4% in the second quarter, Holdings Channel reports. The institutional investor owned 7,654 shares of the aerospace company’s stock after buying an additional 2,353 shares during the period. Lockheed Martin accounts for approximately 1.0% of PYA Waltman Capital LLC’s holdings, making the stock its 25th largest position. PYA Waltman Capital LLC’s holdings in Lockheed Martin were worth $3,899,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in Lockheed Martin during the 2nd quarter worth approximately $9,617,574,000. Charles Schwab Investment Management Inc. raised its stake in shares of Lockheed Martin by 1.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,638,936 shares of the aerospace company’s stock valued at $4,178,399,000 after acquiring an additional 114,900 shares during the last quarter. Corient Private Wealth LP bought a new position in shares of Lockheed Martin during the second quarter valued at $101,960,000. Morgan Stanley raised its stake in shares of Lockheed Martin by 10.1% during the fourth quarter. Morgan Stanley now owns 5,728,551 shares of the aerospace company’s stock valued at $2,770,729,000 after acquiring an additional 527,523 shares during the last quarter. Finally, Franklin Resources Inc. lifted its holdings in shares of Lockheed Martin by 0.6% during the fourth quarter. Franklin Resources Inc. now owns 1,670,284 shares of the aerospace company’s stock worth $807,866,000 after purchasing an additional 10,349 shares during the period. Institutional investors own 74.19% of the company’s stock.

Lockheed Martin Stock Down 3.2%

Shares of NYSE LMT opened at $543.44 on Wednesday. The company’s 50 day moving average price is $553.85 and its 200-day moving average price is $572.22. 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 52-week low of $437.25 and a 52-week high of $692.00. The company has a market capitalization of $125.42 billion, a P/E ratio of 20.03, a price-to-earnings-growth ratio of 0.96 and a beta of 0.10.

Lockheed Martin (NYSE:LMT) last posted 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 company had revenue of $20.06 billion during the quarter, compared to analysts’ expectations of $19.34 billion. During the same period in the prior year, the company posted $1.46 earnings per share. Lockheed Martin’s revenue for the quarter 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. Equities analysts forecast that Lockheed Martin Corporation will post 30.39 earnings per share for the current year.

Lockheed Martin Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Tuesday, September 1st will be given a dividend of $3.45 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $13.80 dividend on an annualized basis and a yield of 2.5%. Lockheed Martin’s dividend payout ratio is 50.87%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on LMT shares. Morgan Stanley boosted their price objective on shares of Lockheed Martin from $653.00 to $690.00 and gave the stock an “equal weight” rating in a research note on Friday, July 24th. Weiss Ratings raised Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, August 13th. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Lockheed Martin in a report on Friday, May 29th. JPMorgan Chase & Co. reduced their price target on Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 5th. Finally, Wall Street Zen raised Lockheed Martin from a “buy” rating to a “strong-buy” rating in a research note on Saturday. 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $632.39.

Lockheed Martin Company 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.