Integrity Advisory Solutions LLC Sells 1,112 Shares of Lockheed Martin Corporation $LMT

Integrity Advisory Solutions LLC cut its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 44.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,418 shares of the aerospace company’s stock after selling 1,112 shares during the period. Integrity Advisory Solutions LLC’s holdings in Lockheed Martin were worth $686,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of LMT. Brighton Jones LLC boosted its stake in shares of Lockheed Martin by 5.0% during the fourth quarter. Brighton Jones LLC now owns 3,995 shares of the aerospace company’s stock valued at $1,941,000 after purchasing an additional 191 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in shares of Lockheed Martin by 5.4% during 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 in the last quarter. Schnieders Capital Management LLC. boosted its stake in shares of Lockheed Martin by 17.3% during the second quarter. Schnieders Capital Management LLC. now owns 1,460 shares of the aerospace company’s stock valued at $676,000 after purchasing an additional 215 shares in the last quarter. Gamco Investors INC. ET AL boosted its stake in shares of Lockheed Martin by 36.0% during 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 purchasing an additional 595 shares in the last quarter. Finally, Sei Investments Co. boosted its stake in shares of Lockheed Martin by 18.2% during the second quarter. Sei Investments Co. now owns 86,569 shares of the aerospace company’s stock valued at $40,092,000 after purchasing an additional 13,300 shares in the last quarter. 74.19% of the stock is currently owned by institutional investors.

Lockheed Martin Trading Up 0.2%

NYSE:LMT opened at $534.37 on Wednesday. Lockheed Martin Corporation has a 12 month low of $410.11 and a 12 month high of $692.00. The firm has a fifty day simple moving average of $573.09 and a 200-day simple moving average of $557.28. The company has a current ratio of 1.14, a quick ratio of 0.94 and a debt-to-equity ratio of 2.74. The company has a market capitalization of $123.21 billion, a P/E ratio of 25.88, a PEG ratio of 0.97 and a beta of 0.10.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings data 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 for the quarter, compared to analyst estimates of $18.38 billion. During the same quarter in the previous year, the firm posted $7.28 earnings per share. The company’s quarterly revenue was up .3% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. On average, equities research analysts anticipate that Lockheed Martin Corporation will post 29.88 earnings per share for the current year.

Lockheed Martin Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 1st will be paid a dividend of $3.45 per share. This represents a $13.80 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Monday, June 1st. Lockheed Martin’s payout ratio is presently 66.83%.

Analyst Ratings Changes

A number of research firms have recently issued reports on LMT. Wall Street Zen downgraded shares of Lockheed Martin from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. UBS Group increased their price objective on shares of Lockheed Martin from $580.00 to $663.00 and gave the company a “neutral” rating in a research note on Monday, February 2nd. Truist Financial increased their price objective on shares of Lockheed Martin from $605.00 to $695.00 and gave the company a “buy” rating in a research note on Friday, January 30th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Lockheed Martin from $615.00 to $575.00 and set a “hold” rating on the stock in a research note on Friday, April 24th. Finally, Citigroup dropped their price objective on shares of Lockheed Martin from $675.00 to $571.00 and set a “neutral” rating on the stock in a research note on Monday, May 18th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average 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.