UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 23,953 Shares of Lockheed Martin Corporation $LMT

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 5.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 442,917 shares of the aerospace company’s stock after purchasing an additional 23,953 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.19% of Lockheed Martin worth $225,648,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the company. New Mexico Educational Retirement Board increased its holdings in Lockheed Martin by 5.3% in the 2nd quarter. New Mexico Educational Retirement Board now owns 9,997 shares of the aerospace company’s stock worth $5,093,000 after acquiring an additional 500 shares during the last quarter. Royal London Asset Management Ltd. increased its holdings in shares of Lockheed Martin by 36.1% in the second quarter. Royal London Asset Management Ltd. now owns 263,615 shares of the aerospace company’s stock worth $134,301,000 after purchasing an additional 69,900 shares during the period. Mufg Securities Americas Inc. increased its stake in Lockheed Martin by 9.1% in the 2nd quarter. Mufg Securities Americas Inc. now owns 6,111 shares of the aerospace company’s stock worth $3,113,000 after acquiring an additional 509 shares during the last quarter. Investors Asset Management of Georgia Inc. GA ADV grew its holdings in shares of Lockheed Martin by 3.7% during the second quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 3,916 shares of the aerospace company’s stock worth $1,995,000 after purchasing an additional 140 shares in the last quarter. Finally, Nissay Asset Management Corp Japan lifted its position in Lockheed Martin by 2.1% during the second quarter. Nissay Asset Management Corp Japan now owns 28,132 shares of the aerospace company’s stock valued at $14,332,000 after purchasing an additional 586 shares during the last quarter. 74.19% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently issued reports on LMT shares. Sanford C. Bernstein reiterated a “market perform” rating on shares of Lockheed Martin in a research report on Friday, May 29th. UBS Group reissued a “neutral” rating and set a $581.00 price target on shares of Lockheed Martin in a research note on Friday, July 24th. JPMorgan Chase & Co. reduced their target price on shares of Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating on the stock in a report on Tuesday, May 5th. Weiss Ratings upgraded Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 13th. Finally, TD Cowen reduced their price target on Lockheed Martin from $600.00 to $560.00 and set a “hold” rating on the stock in a research report on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $632.39.

Lockheed Martin Trading Down 0.4%

Lockheed Martin stock opened at $561.83 on Tuesday. The company has a current ratio of 1.19, a quick ratio of 1.01 and a debt-to-equity ratio of 2.34. The business’s fifty day simple moving average is $553.07 and its two-hundred day simple moving average is $572.82. Lockheed Martin Corporation has a 12 month low of $437.25 and a 12 month high of $692.00. The company has a market capitalization of $129.66 billion, a price-to-earnings ratio of 20.71, a price-to-earnings-growth ratio of 0.97 and a beta of 0.10.

Lockheed Martin (NYSE:LMT) last issued its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.22 by $0.72. The firm had revenue of $20.06 billion for the quarter, compared to the consensus estimate of $19.34 billion. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The business’s revenue was up 10.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.46 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. As a group, equities analysts predict that Lockheed Martin Corporation will post 30.39 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Tuesday, September 1st will be issued a $3.45 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $13.80 annualized dividend and a yield of 2.5%. Lockheed Martin’s dividend payout ratio (DPR) is currently 50.87%.

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.