RTD Financial Advisors Inc. Makes New Investment in Lockheed Martin Corporation $LMT

RTD Financial Advisors Inc. bought a new stake in Lockheed Martin Corporation (NYSE:LMT) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,074 shares of the aerospace company’s stock, valued at approximately $547,000.

Other large investors have also recently bought and sold shares of the company. State Street Corp lifted its stake in shares of Lockheed Martin by 1.3% in the 2nd quarter. State Street Corp now owns 32,975,170 shares of the aerospace company’s stock valued at $16,799,530,000 after purchasing an additional 419,582 shares during the period. BlackRock Inc. acquired a new stake in Lockheed Martin during the second quarter worth approximately $9,617,574,000. Corient Private Wealth LP increased its holdings in Lockheed Martin by 3,983.3% in the second quarter. Corient Private Wealth LP now owns 7,110,961 shares of the aerospace company’s stock worth $3,622,750,000 after purchasing an additional 6,936,814 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in Lockheed Martin in the second quarter worth approximately $645,258,000. Finally, Diamant Asset Management Inc. lifted its stake in Lockheed Martin by 60,339.0% in the first quarter. Diamant Asset Management Inc. now owns 879,387 shares of the aerospace company’s stock valued at $531,493,000 after buying an additional 877,932 shares during the period. 74.19% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have issued reports on LMT. TD Cowen cut their price target on Lockheed Martin from $600.00 to $570.00 and set a “hold” rating on the stock in a report on Friday. Robert W. Baird set a $700.00 price target on shares of Lockheed Martin in a report on Friday, July 24th. Wall Street Zen raised shares of Lockheed Martin from a “buy” rating to a “strong-buy” rating in a research note on Sunday, September 20th. Morgan Stanley upped their price objective on shares of Lockheed Martin from $653.00 to $690.00 and gave the company an “equal weight” rating in a report on Friday, July 24th. Finally, Jefferies Financial Group restated a “hold” rating on shares of Lockheed Martin in a research note on Wednesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $634.50.

Lockheed Martin Price Performance

Shares of NYSE:LMT opened at $509.74 on Friday. 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 stock’s fifty day simple moving average is $547.87 and its two-hundred day simple moving average is $547.13. Lockheed Martin Corporation has a 1-year low of $437.25 and a 1-year high of $692.00. The stock has a market cap of $117.64 billion, a PE ratio of 18.79, a price-to-earnings-growth ratio of 1.10 and a beta of 0.09.

Lockheed Martin (NYSE:LMT) last posted its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.22 by $0.72. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The firm had revenue of $20.06 billion during the quarter, compared to analyst estimates of $19.34 billion. During the same quarter in the prior year, the business posted $1.46 EPS. The business’s revenue was up 10.5% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. As a group, analysts forecast that Lockheed Martin Corporation will post 30.44 EPS for the current fiscal year.

Lockheed Martin Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Tuesday, September 1st were paid a $3.45 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $13.80 annualized dividend and a yield of 2.7%. Lockheed Martin’s dividend payout ratio (DPR) is 50.87%.

Lockheed Martin News Roundup

Here are the key news stories impacting Lockheed Martin this week:

• Positive Sentiment: Lockheed Martin won its first S-70i Black Hawk training contract from the Philippines. The award expands the company’s defense-training business and could create additional international revenue opportunities. Can Lockheed Martin’s Training Solutions Expand Its Defense Business?
• Positive Sentiment: Investors continue to focus on Lockheed’s record backlog, stronger missile demand and the Pentagon framework supporting the AIM-260 Joint Advanced Tactical Missile. Faster production and deliveries could provide multiyear revenue visibility. Can Lockheed Martin’s AIM-260 Missile Deliver Multiyear Growth?
• Positive Sentiment: Several analyses characterize LMT as undervalued after its recent decline, citing a forward-looking defense backlog, raised full-year outlook and a valuation below its recent historical average. UBS also published a $674 price target, while Rothschild & Co. initiated coverage with a Buy rating. Is The Market Underpricing Lockheed Martin Stock?
• Positive Sentiment: Lockheed announced the first flight of Morocco’s first F-16 Block 72, supporting the company’s international fighter-aircraft franchise and potential follow-on demand. Lockheed Martin Announces First Flight of Morocco’s First F-16 Block 72

Lockheed Martin Profile

Lockheed Martin Corporation is a global aerospace, defense and technology company headquartered in Bethesda, Maryland. The company develops and produces advanced systems for government and commercial customers, with the U.S. Department of Defense and other U.S. government agencies representing its primary customers.

Its principal activities include the design and manufacture of military aircraft, missiles, air and missile defense systems, radar and sensor technologies, naval and rotary-wing systems, satellites, space exploration systems, and cybersecurity and information technology solutions.