Lockheed Martin Corporation $LMT Shares Sold by R Squared Ltd

R Squared Ltd cut its stake in Lockheed Martin Corporation (NYSE:LMT) by 53.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,182 shares of the aerospace company’s stock after selling 1,332 shares during the period. R Squared Ltd’s holdings in Lockheed Martin were worth $714,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Diamant Asset Management Inc. boosted its stake in Lockheed Martin by 60,339.0% during the 1st quarter. Diamant Asset Management Inc. now owns 879,387 shares of the aerospace company’s stock valued at $531,493,000 after purchasing an additional 877,932 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of Lockheed Martin by 107.3% in the 4th quarter. AQR Capital Management LLC now owns 1,293,823 shares of the aerospace company’s stock worth $625,784,000 after buying an additional 669,604 shares in the last quarter. Morgan Stanley lifted its holdings in shares of Lockheed Martin by 10.1% in the fourth quarter. Morgan Stanley now owns 5,728,551 shares of the aerospace company’s stock valued at $2,770,729,000 after buying an additional 527,523 shares during the period. Sanders Capital LLC acquired a new stake in shares of Lockheed Martin in the third quarter valued at $252,699,000. Finally, Corient Private Wealth LLC lifted its holdings in shares of Lockheed Martin by 203.3% in the fourth quarter. Corient Private Wealth LLC now owns 560,363 shares of the aerospace company’s stock valued at $271,031,000 after buying an additional 375,622 shares during the period. Institutional investors and hedge funds own 74.19% of the company’s stock.

Lockheed Martin Trading Down 0.1%

Shares of NYSE:LMT traded down $0.45 during mid-day trading on Tuesday, hitting $537.55. The stock had a trading volume of 260,391 shares, compared to its average volume of 1,611,176. The company’s 50 day moving average is $520.46 and its 200-day moving average is $569.22. Lockheed Martin Corporation has a 12-month low of $410.11 and a 12-month high of $692.00. The company has a debt-to-equity ratio of 2.74, a quick ratio of 0.94 and a current ratio of 1.14. The company has a market cap of $123.94 billion, a PE ratio of 26.03, a P/E/G ratio of 0.99 and a beta of 0.11.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings data on Thursday, April 23rd. The aerospace company reported $6.44 EPS for the quarter, missing analysts’ consensus estimates of $6.79 by ($0.35). The business had revenue of $18.02 billion for the quarter, compared to analyst estimates of $18.38 billion. Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The company’s revenue was up .3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $7.28 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. On average, sell-side analysts predict that Lockheed Martin Corporation will post 29.88 EPS for the current year.

Lockheed Martin Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 1st were given a $3.45 dividend. The ex-dividend date was Monday, June 1st. This represents a $13.80 dividend on an annualized basis and a yield of 2.6%. Lockheed Martin’s dividend payout ratio is presently 66.83%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Royal Bank Of Canada lowered their target price on Lockheed Martin from $650.00 to $575.00 and set a “sector perform” rating on the stock in a report on Friday, April 24th. JPMorgan Chase & Co. cut their price target 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. Bank of America reduced their price objective on shares of Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating for the company in a research report on Friday, April 24th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Lockheed Martin from $615.00 to $575.00 and set a “hold” rating on the stock in a research note on Friday, April 24th. Finally, TD Cowen cut their target price on shares of Lockheed Martin from $670.00 to $600.00 and set a “hold” rating for the company in a research note on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Lockheed Martin currently has an average rating of “Hold” and an average price target of $613.63.

More Lockheed Martin News

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

• Positive Sentiment: Lockheed Martin and Rheinmetall signed an MOU to jointly produce ATACMS missiles in Germany, marking the first planned manufacture of the short-range ballistic missile outside the U.S. and opening the door to more European defense revenue. Reuters article
• Positive Sentiment: Lockheed Martin also announced progress on PAC-3 sustainment across Europe, including discussions of a dedicated missile maintenance facility, which could support recurring service and sustainment income. Yahoo Finance article
• Positive Sentiment: NATO-related defense deals highlighted billions of dollars in new contracts and backlogs for major defense names, including Lockheed Martin, reinforcing demand visibility for the company’s weapons systems. Reuters article
• Positive Sentiment: Lockheed Martin agreed to acquire Ultra Maritime for $3.45 billion, strengthening its anti-submarine warfare and undersea defense capabilities and broadening its naval portfolio. Reuters article
• Neutral Sentiment: Reports that Trump wants Sikorsky to help fund a new White House helipad are more of a political headline than a clear earnings driver, so the stock impact is likely limited. Benzinga article

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.