Dynamic Advisor Solutions LLC Increases Position in Lockheed Martin Corporation $LMT

Dynamic Advisor Solutions LLC lifted its stake in Lockheed Martin Corporation (NYSE:LMTFree Report) by 17.5% in the 2nd quarter, Holdings Channel reports. The firm owned 10,713 shares of the aerospace company’s stock after purchasing an additional 1,593 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Lockheed Martin were worth $5,458,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in LMT. Brighton Jones LLC raised its holdings in Lockheed Martin by 5.0% during the fourth quarter. Brighton Jones LLC now owns 3,995 shares of the aerospace company’s stock worth $1,941,000 after purchasing an additional 191 shares during the last quarter. Sivia Capital Partners LLC grew its holdings in Lockheed Martin by 5.4% in the second quarter. Sivia Capital Partners LLC now owns 973 shares of the aerospace company’s stock valued at $451,000 after purchasing an additional 50 shares during the last quarter. Schnieders Capital Management LLC. increased its position in shares of Lockheed Martin by 17.3% in the second quarter. Schnieders Capital Management LLC. now owns 1,460 shares of the aerospace company’s stock valued at $676,000 after buying an additional 215 shares in the last quarter. Gamco Investors INC. ET AL increased its position in shares of Lockheed Martin by 36.0% in the second quarter. Gamco Investors INC. ET AL now owns 2,250 shares of the aerospace company’s stock valued at $1,042,000 after buying an additional 595 shares in the last quarter. Finally, Sei Investments Co. raised its stake in shares of Lockheed Martin by 18.2% during the 2nd quarter. Sei Investments Co. now owns 86,569 shares of the aerospace company’s stock worth $40,092,000 after buying an additional 13,300 shares during the last quarter. 74.19% of the stock is currently owned by institutional investors and hedge funds.

Lockheed Martin Stock Up 0.7%

Shares of NYSE:LMT opened at $581.90 on Friday. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 2.34. The company has a market capitalization of $134.30 billion, a P/E ratio of 21.45, a P/E/G ratio of 0.99 and a beta of 0.10. Lockheed Martin Corporation has a 52-week low of $423.91 and a 52-week high of $692.00. The stock’s fifty day simple moving average is $532.87 and its 200-day simple moving average is $575.78.

Lockheed Martin (NYSE:LMTGet Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, topping analysts’ consensus estimates of $7.22 by $0.72. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.The firm had revenue of $20.06 billion during the quarter, compared to analysts’ expectations of $19.34 billion. During the same quarter last year, the business posted $1.46 EPS. The firm’s quarterly revenue was up 10.5% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. As a group, equities research analysts forecast that Lockheed Martin Corporation will post 30.36 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 2.4%. Lockheed Martin’s payout ratio is 50.87%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on LMT. Morgan Stanley boosted their price objective on shares of Lockheed Martin from $653.00 to $690.00 and gave the stock an “equal weight” rating in a research report on Friday, July 24th. Robert W. Baird set a $700.00 target price on shares of Lockheed Martin in a report on Friday, July 24th. BNP Paribas Exane cut their target price on shares of Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating for the company in a research report on Friday, April 24th. Wells Fargo & Company set a $600.00 price target on shares of Lockheed Martin in a report on Monday, July 27th. Finally, Weiss Ratings raised shares of Lockheed Martin from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $626.33.

Read Our Latest Report on LMT

More Lockheed Martin News

Here are the key news stories impacting Lockheed Martin this week:

Lockheed Martin Company Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding LMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lockheed Martin Corporation (NYSE:LMTFree Report).

Institutional Ownership by Quarter for Lockheed Martin (NYSE:LMT)

Receive News & Ratings for Lockheed Martin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lockheed Martin and related companies with MarketBeat.com's FREE daily email newsletter.