Markowski Investments Takes $1.36 Million Position in Lockheed Martin Corporation $LMT

Markowski Investments purchased a new stake in Lockheed Martin Corporation (NYSE:LMT) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 2,677 shares of the aerospace company’s stock, valued at approximately $1,364,000.

A number of other large investors also recently added to or reduced their stakes in LMT. IAG Wealth Partners LLC grew its position in shares of Lockheed Martin by 4,800.0% in the first quarter. IAG Wealth Partners LLC now owns 49 shares of the aerospace company’s stock valued at $30,000 after purchasing an additional 48 shares during the period. Burnham & Co LLC purchased a new stake in shares of Lockheed Martin during the second quarter worth about $25,000. United Financial Planning Group LLC acquired a new position in shares of Lockheed Martin during the 3rd quarter worth about $25,000. Basso Capital Management L.P. purchased a new position in Lockheed Martin in the 4th quarter valued at about $25,000. Finally, Field & Main Bank acquired a new stake in Lockheed Martin in the 2nd quarter worth about $26,000. 74.19% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on LMT shares. Wall Street Zen upgraded Lockheed Martin from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 29th. TD Cowen lowered their price target on Lockheed Martin from $600.00 to $560.00 and set a “hold” rating on the stock in a research note on Monday, July 13th. Wells Fargo & Company set a $600.00 price target on Lockheed Martin in a research report on Monday, July 27th. UBS Group restated a “neutral” rating and issued a $581.00 price objective on shares of Lockheed Martin in a report on Friday, July 24th. Finally, Citigroup lifted their target price on shares of Lockheed Martin from $641.00 to $691.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating, seven 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 data from MarketBeat, Lockheed Martin presently has an average rating of “Hold” and an average target price of $632.39.

Lockheed Martin Price Performance

LMT stock opened at $524.58 on Friday. Lockheed Martin Corporation has a 1 year low of $437.25 and a 1 year high of $692.00. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.19 and a quick ratio of 1.01. The firm has a market capitalization of $121.07 billion, a PE ratio of 19.34, a price-to-earnings-growth ratio of 1.16 and a beta of 0.10. The business has a 50 day simple moving average of $555.58 and a 200-day simple moving average of $570.30.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, topping analysts’ consensus estimates of $7.22 by $0.72. The firm 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 revenue was up 10.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.46 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Equities research analysts anticipate that Lockheed Martin Corporation will post 30.39 earnings per share for the current fiscal 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 annualized dividend and a dividend yield of 2.6%. Lockheed Martin’s payout ratio is presently 50.87%.

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.