1,145 Shares in Lockheed Martin Corporation $LMT Bought by Strathmore Capital Advisors Inc.

Strathmore Capital Advisors Inc. acquired a new stake in Lockheed Martin Corporation (NYSE:LMT) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 1,145 shares of the aerospace company’s stock, valued at approximately $581,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. World Investment Advisors increased its holdings in Lockheed Martin by 54.7% during the fourth quarter. World Investment Advisors now owns 14,739 shares of the aerospace company’s stock worth $7,129,000 after buying an additional 5,214 shares during the last quarter. SG Americas Securities LLC raised its position in Lockheed Martin by 5.4% during the first quarter. SG Americas Securities LLC now owns 276,383 shares of the aerospace company’s stock worth $167,043,000 after acquiring an additional 14,150 shares in the last quarter. Secured Retirement Advisors LLC lifted its stake in Lockheed Martin by 288.6% in the fourth quarter. Secured Retirement Advisors LLC now owns 3,128 shares of the aerospace company’s stock valued at $1,513,000 after acquiring an additional 2,323 shares during the last quarter. Norris Financial Group LLC acquired a new stake in Lockheed Martin in the first quarter valued at $2,321,000. Finally, Legal Advantage Investments Inc. acquired a new stake in Lockheed Martin in the first quarter valued at $1,451,000. 74.19% of the stock is owned by institutional investors and hedge funds.

Lockheed Martin Stock Performance

LMT opened at $589.47 on Thursday. The business has a fifty day simple moving average of $546.85 and a 200 day simple moving average of $576.25. The company has a market capitalization of $136.04 billion, a PE ratio of 21.73, a price-to-earnings-growth ratio of 1.04 and a beta of 0.10. Lockheed Martin Corporation has a 1 year low of $437.25 and a 1 year high of $692.00. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.19 and a quick ratio of 1.01.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, beating analysts’ consensus estimates of $7.22 by $0.72. The firm had revenue of $20.06 billion for 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 for the quarter was up 10.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.46 EPS. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Research analysts expect that Lockheed Martin Corporation will post 30.39 EPS for the current year.

Lockheed Martin Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Jefferies Financial Group restated a “hold” rating on shares of Lockheed Martin in a research note on Sunday, July 26th. Weiss Ratings upgraded shares of Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, August 13th. Wells Fargo & Company set a $600.00 price target on Lockheed Martin in a report on Monday, July 27th. Morgan Stanley lifted their price target on Lockheed Martin from $653.00 to $690.00 and gave the stock an “equal weight” rating in a report on Friday, July 24th. Finally, JPMorgan Chase & Co. lowered 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. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Lockheed Martin has an average rating of “Hold” and a consensus 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.