Lockheed Martin Corporation $LMT Stock Holdings Lowered by Morgan Dempsey Capital Management LLC

Morgan Dempsey Capital Management LLC lowered its position in shares of Lockheed Martin Corporation (NYSE:LMT) by 9.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 12,118 shares of the aerospace company’s stock after selling 1,229 shares during the period. Lockheed Martin accounts for 2.9% of Morgan Dempsey Capital Management LLC’s portfolio, making the stock its 15th biggest holding. Morgan Dempsey Capital Management LLC’s holdings in Lockheed Martin were worth $5,861,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of LMT. Brighton Jones LLC lifted its holdings in Lockheed Martin by 5.0% in the fourth quarter. Brighton Jones LLC now owns 3,995 shares of the aerospace company’s stock worth $1,941,000 after purchasing an additional 191 shares during the period. Sivia Capital Partners LLC lifted its holdings in Lockheed Martin by 5.4% in the second quarter. Sivia Capital Partners LLC now owns 973 shares of the aerospace company’s stock worth $451,000 after purchasing an additional 50 shares during the period. Schnieders Capital Management LLC. lifted its holdings in Lockheed Martin by 17.3% in the second quarter. Schnieders Capital Management LLC. now owns 1,460 shares of the aerospace company’s stock worth $676,000 after purchasing an additional 215 shares during the period. Gamco Investors INC. ET AL lifted its holdings in Lockheed Martin by 36.0% in the second quarter. Gamco Investors INC. ET AL now owns 2,250 shares of the aerospace company’s stock worth $1,042,000 after purchasing an additional 595 shares during the period. Finally, Sei Investments Co. lifted its holdings in Lockheed Martin by 18.2% in the second quarter. Sei Investments Co. now owns 86,569 shares of the aerospace company’s stock worth $40,092,000 after purchasing an additional 13,300 shares during the period. Institutional investors own 74.19% of the company’s stock.

Lockheed Martin Price Performance

LMT stock opened at $539.94 on Monday. The company has a current ratio of 1.14, a quick ratio of 0.94 and a debt-to-equity ratio of 2.74. Lockheed Martin Corporation has a one year low of $410.11 and a one year high of $692.00. The firm has a market capitalization of $124.49 billion, a PE ratio of 26.15, a P/E/G ratio of 0.98 and a beta of 0.10. The firm has a 50-day moving average of $548.13 and a two-hundred day moving average of $563.19.

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

Lockheed Martin Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Monday, June 1st will be paid a dividend of $3.45 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $13.80 dividend on an annualized basis and a yield of 2.6%. Lockheed Martin’s dividend payout ratio is currently 66.83%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Susquehanna reduced their price objective on shares of Lockheed Martin from $740.00 to $700.00 and set a “positive” rating for the company in a report on Friday, April 24th. Wall Street Zen downgraded shares of Lockheed Martin from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. Citigroup reduced their price objective on shares of Lockheed Martin from $675.00 to $571.00 and set a “neutral” rating for the company in a report on Monday, May 18th. Bank of America cut their price target on shares of Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating for the company in a report on Friday, April 24th. Finally, BNP Paribas Exane cut their price target on shares of Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating for the company in a report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $620.68.

About Lockheed Martin

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.