Sargent Investment Group LLC Makes New $504,000 Investment in Lockheed Martin Corporation $LMT

Sargent Investment Group LLC bought a new position in shares of Lockheed Martin Corporation (NYSE:LMT) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 1,041 shares of the aerospace company’s stock, valued at approximately $504,000.

Several other hedge funds have also recently bought and sold shares of LMT. Morgan Stanley raised its holdings in Lockheed Martin by 10.1% during the 4th quarter. Morgan Stanley now owns 5,728,551 shares of the aerospace company’s stock worth $2,770,729,000 after buying an additional 527,523 shares during the period. Sanders Capital LLC bought a new position in shares of Lockheed Martin during the 3rd quarter worth approximately $252,699,000. First Trust Advisors LP grew its stake in shares of Lockheed Martin by 286.1% during the 3rd quarter. First Trust Advisors LP now owns 503,428 shares of the aerospace company’s stock worth $251,316,000 after acquiring an additional 373,027 shares in the last quarter. Canoe Financial LP bought a new position in shares of Lockheed Martin during the 4th quarter worth approximately $166,403,000. Finally, Jacobs Levy Equity Management Inc. grew its stake in shares of Lockheed Martin by 261.8% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 454,354 shares of the aerospace company’s stock worth $219,757,000 after acquiring an additional 328,767 shares in the last quarter. 74.19% of the stock is currently owned by institutional investors and hedge funds.

Lockheed Martin Price Performance

NYSE:LMT opened at $529.54 on Tuesday. Lockheed Martin Corporation has a 1-year low of $410.11 and a 1-year high of $692.00. The company has a current ratio of 1.14, a quick ratio of 0.94 and a debt-to-equity ratio of 2.74. The firm has a fifty day simple moving average of $546.26 and a 200 day simple moving average of $563.73. The stock has a market capitalization of $122.09 billion, a PE ratio of 25.64, a P/E/G ratio of 0.98 and a beta of 0.10.

Lockheed Martin (NYSE:LMT) last released its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share 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 firm had revenue of $18.02 billion during the quarter, compared to the consensus estimate of $18.38 billion. During the same period in the prior year, the business posted $7.28 earnings per share. Lockheed Martin’s quarterly revenue was up .3% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. On average, research analysts expect that Lockheed Martin Corporation will post 29.88 EPS for the current fiscal year.

Lockheed Martin Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Monday, June 1st will be paid a $3.45 dividend. 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 currently 66.83%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on LMT shares. BNP Paribas Exane decreased their price target on shares of Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating for the company in a research note on Friday, April 24th. Susquehanna decreased their price target on shares of Lockheed Martin from $740.00 to $700.00 and set a “positive” rating for the company in a research note on Friday, April 24th. Morgan Stanley decreased their price target on shares of Lockheed Martin from $675.00 to $653.00 and set an “equal weight” rating for the company in a research note on Friday, April 24th. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Lockheed Martin in a research note on Friday, May 29th. Finally, Argus raised their price target on shares of Lockheed Martin from $530.00 to $735.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price 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.