16,577 Shares in Lockheed Martin Corporation $LMT Purchased by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC bought a new position in Lockheed Martin Corporation (NYSE:LMT) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 16,577 shares of the aerospace company’s stock, valued at approximately $8,446,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. World Investment Advisors grew its position in Lockheed Martin by 54.7% in the 4th quarter. World Investment Advisors now owns 14,739 shares of the aerospace company’s stock worth $7,129,000 after purchasing an additional 5,214 shares during the period. SG Americas Securities LLC raised its stake in Lockheed Martin by 5.4% during the 1st quarter. SG Americas Securities LLC now owns 276,383 shares of the aerospace company’s stock valued at $167,043,000 after buying an additional 14,150 shares during the last quarter. Secured Retirement Advisors LLC lifted its holdings in shares of Lockheed Martin by 288.6% during the 4th quarter. Secured Retirement Advisors LLC now owns 3,128 shares of the aerospace company’s stock valued at $1,513,000 after buying an additional 2,323 shares during the period. Norris Financial Group LLC bought a new position in shares of Lockheed Martin during the 1st quarter valued at $2,321,000. Finally, Legal Advantage Investments Inc. purchased a new position in shares of Lockheed Martin in the 1st quarter worth $1,451,000. Institutional investors own 74.19% of the company’s stock.

Lockheed Martin Stock Performance

NYSE:LMT opened at $608.21 on Friday. The stock has a 50-day simple moving average of $542.51 and a two-hundred day simple moving average of $576.46. Lockheed Martin Corporation has a 52-week low of $436.46 and a 52-week high of $692.00. 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 $140.37 billion, a PE ratio of 22.42, a P/E/G ratio of 1.04 and a beta of 0.10.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share for the quarter, beating analysts’ consensus estimates of $7.22 by $0.72. The firm had revenue of $20.06 billion for the quarter, compared to analysts’ expectations of $19.34 billion. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.The business’s quarterly revenue was up 10.5% on a year-over-year basis. During the same period in the previous year, the firm earned $1.46 EPS. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Analysts forecast that Lockheed Martin Corporation will post 30.39 EPS for the current year.

Lockheed Martin Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Tuesday, September 1st will be paid a $3.45 dividend. 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 2.3%. Lockheed Martin’s dividend payout ratio is 50.87%.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Wall Street Zen lowered Lockheed Martin from a “strong-buy” rating to a “buy” rating in a report on Saturday. Wells Fargo & Company set a $600.00 target price on Lockheed Martin in a report on Monday, July 27th. Jefferies Financial Group reissued a “hold” rating on shares of Lockheed Martin in a research report on Sunday, July 26th. DZ Bank upgraded Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 30th. Finally, Robert W. Baird set a $700.00 price target on shares of Lockheed Martin in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target 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.