1,246 Shares in Lockheed Martin Corporation $LMT Acquired by RW Investment Management LLC

RW Investment Management LLC bought a new stake in Lockheed Martin Corporation (NYSE:LMT) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,246 shares of the aerospace company’s stock, valued at approximately $635,000.

Several other hedge funds have also recently added to or reduced their stakes in LMT. Bank of New York Mellon Corp bought a new position in shares of Lockheed Martin in the second quarter worth $645,258,000. Diamant Asset Management Inc. raised its stake in shares of Lockheed Martin by 60,339.0% during the first quarter. Diamant Asset Management Inc. now owns 879,387 shares of the aerospace company’s stock valued at $531,493,000 after purchasing an additional 877,932 shares in the last quarter. AQR Capital Management LLC lifted its holdings in Lockheed Martin by 107.3% in the fourth quarter. AQR Capital Management LLC now owns 1,293,823 shares of the aerospace company’s stock worth $625,784,000 after purchasing an additional 669,604 shares during the period. Morgan Stanley grew its position in Lockheed Martin by 10.1% in the 4th quarter. Morgan Stanley now owns 5,728,551 shares of the aerospace company’s stock valued at $2,770,729,000 after buying an additional 527,523 shares in the last quarter. Finally, Janus Henderson Group PLC increased its stake in Lockheed Martin by 3,497.5% during the 1st quarter. Janus Henderson Group PLC now owns 451,276 shares of the aerospace company’s stock valued at $272,746,000 after buying an additional 438,732 shares during the period. Institutional investors own 74.19% of the company’s stock.

Lockheed Martin Price Performance

NYSE LMT opened at $608.21 on Monday. Lockheed Martin Corporation has a 1 year low of $436.46 and a 1 year high of $692.00. The business’s fifty day moving average is $542.51 and its two-hundred day moving average is $576.42. The stock has a market capitalization of $140.37 billion, a P/E ratio of 22.42, a P/E/G ratio of 1.04 and a beta of 0.10. 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 (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. The business had revenue of $20.06 billion during the quarter, compared to analyst estimates of $19.34 billion. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.The company’s revenue was up 10.5% compared to the same quarter last year. During the same period last year, the company posted $1.46 EPS. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. On average, research analysts forecast that Lockheed Martin Corporation will post 30.39 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Tuesday, September 1st will be issued a dividend of $3.45 per share. The ex-dividend date is Tuesday, September 1st. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.3%. Lockheed Martin’s payout ratio is currently 50.87%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on LMT shares. Susquehanna reduced their price target on shares of Lockheed Martin from $740.00 to $700.00 and set a “positive” rating for the company in a research note on Friday, April 24th. TD Cowen decreased their price target on Lockheed Martin from $600.00 to $560.00 and set a “hold” rating for the company in a research note on Monday, July 13th. Citigroup boosted their price objective on Lockheed Martin from $641.00 to $691.00 and gave the stock a “buy” rating in a research note on Thursday. Bank of America decreased their target price on Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating for the company in a research note on Friday, April 24th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Lockheed Martin presently has an average rating of “Hold” and an average target price 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.