WealthShield Partners LLC Makes New Investment in Lockheed Martin Corporation $LMT

WealthShield Partners LLC purchased a new stake in Lockheed Martin Corporation (NYSE:LMT) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,747 shares of the aerospace company’s stock, valued at approximately $2,419,000.

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

Lockheed Martin Trading Down 1.2%

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

Lockheed Martin (NYSE:LMT) last issued its earnings results 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 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%.The firm’s quarterly revenue was up 10.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.46 EPS. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. As a group, analysts predict that Lockheed Martin Corporation will post 30.39 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors 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 yield of 2.4%. Lockheed Martin’s payout ratio is presently 50.87%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on LMT shares. DZ Bank raised Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 30th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Lockheed Martin in a research note on Sunday, July 26th. Sanford C. Bernstein reiterated a “market perform” rating on shares of Lockheed Martin in a report on Friday, May 29th. Wall Street Zen downgraded shares of Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 15th. Finally, Robert W. Baird set a $700.00 price target on shares of Lockheed Martin in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Lockheed Martin currently has a consensus rating of “Hold” and a consensus price target of $632.39.

Lockheed Martin Company 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.