180 Wealth Advisors LLC Trims Stock Position in Lockheed Martin Corporation $LMT

180 Wealth Advisors LLC lowered its stake in shares of Lockheed Martin Corporation (NYSE:LMT) by 4.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,058 shares of the aerospace company’s stock after selling 171 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Lockheed Martin were worth $1,879,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of LMT. Entropy Technologies LP lifted its stake in shares of Lockheed Martin by 410.2% in the 1st quarter. Entropy Technologies LP now owns 17,626 shares of the aerospace company’s stock valued at $7,874,000 after purchasing an additional 14,171 shares during the period. PTM Wealth Management LLC purchased a new stake in Lockheed Martin in the first quarter worth about $377,000. Empowered Funds LLC increased its stake in shares of Lockheed Martin by 21.2% during the first quarter. Empowered Funds LLC now owns 40,380 shares of the aerospace company’s stock valued at $18,038,000 after purchasing an additional 7,052 shares in the last quarter. Founders Capital Management increased its stake in shares of Lockheed Martin by 46.9% during the second quarter. Founders Capital Management now owns 14,568 shares of the aerospace company’s stock valued at $6,747,000 after purchasing an additional 4,648 shares in the last quarter. Finally, Financial Gravity Asset Management Inc. purchased a new position in shares of Lockheed Martin during the first quarter valued at approximately $413,000. 74.19% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently weighed in on LMT. TD Cowen restated a “hold” rating and issued a $480.00 price target (down previously from $500.00) on shares of Lockheed Martin in a research note on Thursday, July 10th. Alembic Global Advisors raised Lockheed Martin from a “neutral” rating to an “overweight” rating in a research report on Thursday, August 28th. Morgan Stanley increased their price objective on shares of Lockheed Martin from $530.00 to $630.00 and gave the company an “overweight” rating in a research report on Wednesday, October 15th. JPMorgan Chase & Co. decreased their target price on shares of Lockheed Martin from $520.00 to $465.00 and set an “overweight” rating for the company in a report on Wednesday, July 23rd. Finally, Deutsche Bank Aktiengesellschaft set a $519.00 price target on shares of Lockheed Martin and gave the company a “hold” rating in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $513.47.

Lockheed Martin Price Performance

NYSE LMT opened at $487.95 on Friday. The business’s fifty day moving average is $476.56 and its 200 day moving average is $466.07. The company has a market capitalization of $112.91 billion, a PE ratio of 27.24, a price-to-earnings-growth ratio of 2.13 and a beta of 0.28. The company has a debt-to-equity ratio of 3.32, a quick ratio of 0.83 and a current ratio of 1.13. Lockheed Martin Corporation has a fifty-two week low of $410.11 and a fifty-two week high of $576.43.

Lockheed Martin (NYSE:LMT) last released its earnings results on Tuesday, October 21st. The aerospace company reported $6.95 EPS for the quarter, topping analysts’ consensus estimates of $6.33 by $0.62. The company had revenue of $18.61 billion for the quarter, compared to analysts’ expectations of $18.45 billion. Lockheed Martin had a net margin of 5.73% and a return on equity of 111.84%. The firm’s revenue was up 8.8% compared to the same quarter last year. During the same quarter last year, the business earned $6.84 EPS. Lockheed Martin has set its FY 2025 guidance at 22.150-22.350 EPS. Sell-side analysts predict that Lockheed Martin Corporation will post 27.15 earnings per share for the current year.

Lockheed Martin Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 30th. Stockholders of record on Monday, December 1st will be given a dividend of $3.45 per share. The ex-dividend date is Monday, December 1st. This is an increase from Lockheed Martin’s previous quarterly dividend of $3.30. This represents a $13.80 annualized dividend and a dividend yield of 2.8%. Lockheed Martin’s dividend payout ratio (DPR) is 74.32%.

Lockheed Martin Profile

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. The company operates through Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space segments.