Lockheed Martin Corporation $LMT Shares Purchased by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC boosted its holdings in Lockheed Martin Corporation (NYSE:LMT) by 38.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 17,530 shares of the aerospace company’s stock after buying an additional 4,902 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Lockheed Martin were worth $8,479,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. United Financial Planning Group LLC acquired a new position in Lockheed Martin in the third quarter worth approximately $25,000. Tucker Asset Management LLC acquired a new position in Lockheed Martin in the fourth quarter worth approximately $32,000. Beacon Financial Strategies CORP acquired a new position in Lockheed Martin in the fourth quarter worth approximately $34,000. Wexford Capital LP acquired a new position in Lockheed Martin in the third quarter worth approximately $36,000. Finally, Torren Management LLC acquired a new position in Lockheed Martin in the fourth quarter worth approximately $38,000. Institutional investors and hedge funds own 74.19% of the company’s stock.

Lockheed Martin Trading Down 0.7%

Shares of NYSE:LMT opened at $519.92 on Tuesday. The firm has a fifty day moving average of $553.96 and a two-hundred day moving average of $561.12. The firm has a market capitalization of $119.87 billion, a P/E ratio of 25.18, a price-to-earnings-growth ratio of 0.95 and a beta of 0.10. Lockheed Martin Corporation has a 12-month low of $410.11 and a 12-month high of $692.00. The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 2.74.

Lockheed Martin (NYSE:LMT) last issued its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $6.79 by ($0.35). The company had revenue of $18.02 billion for the quarter, compared to analyst estimates of $18.38 billion. Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. The company’s quarterly revenue was up .3% on a year-over-year basis. During the same period last year, the business earned $7.28 EPS. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. On average, equities analysts expect that Lockheed Martin Corporation will post 29.88 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Monday, June 1st will be paid a $3.45 dividend. This represents a $13.80 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Monday, June 1st. Lockheed Martin’s payout ratio is presently 66.83%.

Analyst Upgrades and Downgrades

LMT has been the topic of several research analyst reports. Sanford C. Bernstein reiterated a “market perform” rating on shares of Lockheed Martin in a research report on Friday, May 29th. Royal Bank Of Canada lowered their price objective on shares of Lockheed Martin from $650.00 to $575.00 and set a “sector perform” rating on the stock in a research report on Friday, April 24th. Wells Fargo & Company initiated coverage on shares of Lockheed Martin in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $650.00 price objective on the stock. Susquehanna lowered their price objective on shares of Lockheed Martin from $740.00 to $700.00 and set a “positive” rating on the stock in a research report on Friday, April 24th. Finally, Citigroup lowered their price objective on shares of Lockheed Martin from $675.00 to $571.00 and set a “neutral” rating on the stock in a research report on Monday, May 18th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $620.68.

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.