8,067 Shares in Lockheed Martin Corporation $LMT Acquired by CenterBook Partners LP

CenterBook Partners LP purchased a new stake in shares of Lockheed Martin Corporation (NYSE:LMT) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 8,067 shares of the aerospace company’s stock, valued at approximately $3,902,000.

Other large investors have also added to or reduced their stakes in the company. United Financial Planning Group LLC purchased a new position in Lockheed Martin during the third quarter valued at approximately $25,000. Tucker Asset Management LLC purchased a new position in Lockheed Martin during the fourth quarter valued at approximately $32,000. Beacon Financial Strategies CORP purchased a new position in Lockheed Martin during the fourth quarter valued at approximately $34,000. Wexford Capital LP purchased a new position in Lockheed Martin during the third quarter valued at approximately $36,000. Finally, Torren Management LLC purchased a new position in Lockheed Martin during the fourth quarter valued at approximately $38,000. Hedge funds and other institutional investors own 74.19% of the company’s stock.

Lockheed Martin Price Performance

LMT stock opened at $519.92 on Tuesday. Lockheed Martin Corporation has a one year low of $410.11 and a one year high of $692.00. The company’s fifty day moving average price is $553.96 and its 200-day moving average price is $561.12. The company has a debt-to-equity ratio of 2.74, a quick ratio of 0.94 and a current ratio of 1.14. The company has a market capitalization of $119.87 billion, a PE ratio of 25.18, a price-to-earnings-growth ratio of 0.95 and a beta of 0.10.

Lockheed Martin (NYSE:LMT) last released its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 EPS for the quarter, missing the consensus estimate of $6.79 by ($0.35). Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The company had revenue of $18.02 billion during the quarter, compared to analysts’ expectations of $18.38 billion. During the same period last year, the firm posted $7.28 EPS. 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, equities analysts anticipate that Lockheed Martin Corporation will post 29.88 EPS for the current fiscal year.

Lockheed Martin Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 1st will be issued a $3.45 dividend. This represents a $13.80 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Monday, June 1st. Lockheed Martin’s payout ratio is 66.83%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on LMT. DZ Bank raised shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 30th. Jefferies Financial Group reaffirmed a “hold” rating and set a $595.00 price target on shares of Lockheed Martin in a report on Sunday, April 26th. Wells Fargo & Company began coverage on shares of Lockheed Martin in a report on Wednesday, April 1st. They set an “equal weight” rating and a $650.00 price target on the stock. JPMorgan Chase & Co. lowered their price target 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. Finally, Bank of America lowered their price target on shares of Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating on the stock in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Lockheed Martin has a consensus rating of “Hold” and a consensus target price 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.