LM Advisors LLC Invests $813,000 in Lockheed Martin Corporation $LMT

LM Advisors LLC purchased a new position in shares of Lockheed Martin Corporation (NYSE:LMT) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,597 shares of the aerospace company’s stock, valued at approximately $813,000.

A number of other large investors have also recently made changes to their positions in LMT. Basso Capital Management L.P. purchased a new stake in Lockheed Martin in the 4th quarter worth about $25,000. Burnham & Co LLC purchased a new position in shares of Lockheed Martin during the second quarter valued at approximately $25,000. United Financial Planning Group LLC bought a new position in shares of Lockheed Martin during the third quarter valued at approximately $25,000. Clarity Asset Management Inc. bought a new position in shares of Lockheed Martin during the fourth quarter valued at approximately $26,000. Finally, Triumph Capital Management raised its holdings in shares of Lockheed Martin by 66.7% in the fourth quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock worth $26,000 after buying an additional 22 shares during the period. 74.19% of the stock is owned by hedge funds and other institutional investors.

Lockheed Martin Stock Down 1.2%

Shares of NYSE LMT opened at $564.61 on Friday. The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.01 and a current ratio of 1.19. The firm has a market capitalization of $130.31 billion, a price-to-earnings ratio of 20.81, a PEG ratio of 0.97 and a beta of 0.10. The stock has a 50 day moving average price of $547.80 and a 200 day moving average price of $575.73. Lockheed Martin Corporation has a 52-week low of $437.25 and a 52-week high of $692.00.

Lockheed Martin (NYSE:LMT) last released its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, topping the consensus estimate of $7.22 by $0.72. The company had revenue of $20.06 billion for the quarter, compared to the consensus estimate of $19.34 billion. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.Lockheed Martin’s quarterly revenue was up 10.5% on a year-over-year basis. During the same period last year, the business posted $1.46 EPS. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Sell-side analysts expect that Lockheed Martin Corporation will post 30.39 earnings per share for the current 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 given a dividend of $3.45 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.4%. Lockheed Martin’s dividend payout ratio is presently 50.87%.

Analyst Upgrades and Downgrades

LMT has been the subject of a number of research analyst reports. Wells Fargo & Company set a $600.00 price target on Lockheed Martin in a research note on Monday, July 27th. Jefferies Financial Group reiterated a “hold” rating on shares of Lockheed Martin in a research note on Sunday, July 26th. Wall Street Zen downgraded Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 15th. Morgan Stanley boosted their target price on shares of Lockheed Martin from $653.00 to $690.00 and gave the company an “equal weight” rating in a research note on Friday, July 24th. Finally, Weiss Ratings upgraded shares of Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Lockheed Martin presently has a consensus rating of “Hold” and an average target price of $632.39.

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.