Sapient Capital LLC Has $1.77 Million Stock Holdings in Lockheed Martin Corporation $LMT

Sapient Capital LLC trimmed its stake in Lockheed Martin Corporation (NYSE:LMT) by 26.3% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,924 shares of the aerospace company’s stock after selling 1,046 shares during the quarter. Sapient Capital LLC’s holdings in Lockheed Martin were worth $1,767,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in LMT. Basso Capital Management L.P. bought a new position in shares of Lockheed Martin in the fourth quarter valued at $25,000. United Financial Planning Group LLC bought a new stake in Lockheed Martin during the third quarter worth $25,000. Clarity Asset Management Inc. acquired a new stake in Lockheed Martin in the fourth quarter valued at $26,000. Triumph Capital Management lifted its stake in Lockheed Martin by 66.7% in the fourth quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock valued at $26,000 after acquiring an additional 22 shares during the last quarter. Finally, Bard Associates Inc. bought a new position in shares of Lockheed Martin in the 4th quarter valued at about $27,000. Institutional investors and hedge funds own 74.19% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on LMT shares. TD Cowen lowered their price objective on shares of Lockheed Martin from $600.00 to $560.00 and set a “hold” rating on the stock in a research note on Monday, July 13th. Sanford C. Bernstein reiterated a “market perform” rating on shares of Lockheed Martin in a research note on Friday, May 29th. DZ Bank upgraded shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 30th. JPMorgan Chase & Co. reduced their target price on shares of Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating for the company in a report on Tuesday, May 5th. Finally, Morgan Stanley upped their price target 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. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $626.33.

Lockheed Martin Price Performance

LMT stock opened at $586.28 on Tuesday. The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.01 and a current ratio of 1.19. Lockheed Martin Corporation has a 1 year low of $419.00 and a 1 year high of $692.00. The firm has a market cap of $135.31 billion, a P/E ratio of 21.61, a price-to-earnings-growth ratio of 1.00 and a beta of 0.10. The stock has a 50-day simple moving average of $529.97 and a 200-day simple moving average of $575.66.

Lockheed Martin (NYSE:LMT) last announced its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, beating the consensus estimate of $7.22 by $0.72. The business 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%.The company’s 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. On average, equities analysts predict that Lockheed Martin Corporation will post 30.31 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

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 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 dividend payout ratio (DPR) is currently 50.87%.

Lockheed Martin Profile

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.