PYA Waltman Capital LLC Sells 1,323 Shares of Lockheed Martin Corporation $LMT

PYA Waltman Capital LLC lessened its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 25.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 3,777 shares of the aerospace company’s stock after selling 1,323 shares during the period. PYA Waltman Capital LLC’s holdings in Lockheed Martin were worth $1,827,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. United Financial Planning Group LLC bought a new position in shares of Lockheed Martin during the third quarter valued at approximately $25,000. Clarity Asset Management Inc. bought a new position in shares of Lockheed Martin during the fourth quarter valued at approximately $26,000. Triumph Capital Management raised its holdings in shares of Lockheed Martin by 66.7% during 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 in the last quarter. Bard Associates Inc. bought a new position in Lockheed Martin in the fourth quarter worth $27,000. Finally, Tucker Asset Management LLC bought a new position in Lockheed Martin in the fourth quarter worth $32,000. Institutional investors own 74.19% of the company’s stock.

Lockheed Martin Trading Down 0.1%

Lockheed Martin stock opened at $539.94 on Monday. The company has a debt-to-equity ratio of 2.74, a current ratio of 1.14 and a quick ratio of 0.94. Lockheed Martin Corporation has a one year low of $410.11 and a one year high of $692.00. The stock has a market capitalization of $124.49 billion, a PE ratio of 26.15, a price-to-earnings-growth ratio of 0.98 and a beta of 0.10. The business’s fifty day moving average is $548.13 and its 200 day moving average is $563.19.

Lockheed Martin (NYSE:LMT) last released its quarterly earnings data on Thursday, April 23rd. The aerospace company reported $6.44 EPS for the quarter, missing the consensus estimate of $6.79 by ($0.35). Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. The business had revenue of $18.02 billion for the quarter, compared to analysts’ expectations of $18.38 billion. During the same period last year, the business earned $7.28 earnings per share. The company’s quarterly revenue was up .3% on a year-over-year basis. 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 firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Monday, June 1st will be given a dividend of $3.45 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $13.80 annualized dividend and a dividend yield of 2.6%. Lockheed Martin’s dividend payout ratio (DPR) is 66.83%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on LMT shares. Morgan Stanley decreased their price objective on Lockheed Martin from $675.00 to $653.00 and set an “equal weight” rating for the company in a report on Friday, April 24th. Royal Bank Of Canada decreased their price objective on Lockheed Martin from $650.00 to $575.00 and set a “sector perform” rating for the company in a report on Friday, April 24th. Jefferies Financial Group reiterated a “hold” rating and issued a $595.00 price objective on shares of Lockheed Martin in a report on Sunday, April 26th. Citigroup decreased their price objective on Lockheed Martin from $675.00 to $571.00 and set a “neutral” rating for the company in a report on Monday, May 18th. Finally, Wells Fargo & Company started coverage on Lockheed Martin in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $650.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $620.68.

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.