Lockheed Martin Corporation $LMT Shares Purchased by Park National Corp OH

Park National Corp OH lifted its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 15.6% during the first quarter, HoldingsChannel.com reports. The fund owned 7,740 shares of the aerospace company’s stock after purchasing an additional 1,042 shares during the quarter. Park National Corp OH’s holdings in Lockheed Martin were worth $4,678,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Charles Schwab Investment Management Inc. increased its stake in Lockheed Martin by 1.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,638,936 shares of the aerospace company’s stock valued at $4,178,399,000 after purchasing an additional 114,900 shares during the period. Morgan Stanley boosted its stake in shares of Lockheed Martin by 10.1% during the fourth 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. Wellington Management Group LLP grew its holdings in shares of Lockheed Martin by 3.4% during the third quarter. Wellington Management Group LLP now owns 2,384,753 shares of the aerospace company’s stock worth $1,190,493,000 after buying an additional 79,491 shares during the last quarter. Invesco Ltd. grew its holdings in shares of Lockheed Martin by 4.2% during the third quarter. Invesco Ltd. now owns 2,196,058 shares of the aerospace company’s stock worth $1,096,294,000 after buying an additional 87,663 shares during the last quarter. Finally, Franklin Resources Inc. grew its holdings in shares of Lockheed Martin by 0.6% during the fourth quarter. Franklin Resources Inc. now owns 1,670,284 shares of the aerospace company’s stock worth $807,866,000 after buying an additional 10,349 shares during the last quarter. 74.19% of the stock is owned by institutional investors and hedge funds.

Lockheed Martin Stock Performance

NYSE:LMT opened at $512.00 on Friday. 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 company has a market capitalization of $118.05 billion, a P/E ratio of 24.79, a price-to-earnings-growth ratio of 0.93 and a beta of 0.10. The firm has a 50-day moving average price of $537.77 and a two-hundred day moving average price of $564.85. Lockheed Martin Corporation has a twelve month low of $410.11 and a twelve month high of $692.00.

Lockheed Martin (NYSE:LMT) last released its quarterly earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share for the quarter, missing analysts’ consensus estimates of $6.79 by ($0.35). Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The company had revenue of $18.02 billion during the quarter, compared to analyst estimates of $18.38 billion. During the same period last year, the firm earned $7.28 earnings per share. The business’s 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. As a group, research analysts expect that Lockheed Martin Corporation will post 29.88 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Monday, June 1st will be given 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 2.7%. Lockheed Martin’s dividend payout ratio (DPR) is currently 66.83%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on LMT shares. Citigroup dropped their target price on Lockheed Martin from $675.00 to $571.00 and set a “neutral” rating on the stock in a report on Monday, May 18th. Jefferies Financial Group reiterated a “hold” rating and issued a $595.00 price objective on shares of Lockheed Martin in a research report on Sunday, April 26th. Wells Fargo & Company assumed coverage on shares of Lockheed Martin in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $650.00 price objective on the stock. Susquehanna cut their price objective on shares of Lockheed Martin from $740.00 to $700.00 and set a “positive” rating for the company in a research report on Friday, April 24th. Finally, TD Cowen cut their price objective on shares of Lockheed Martin from $670.00 to $600.00 and set a “hold” rating for the company in a research report on Friday, April 24th. One 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 issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $620.68.

Lockheed Martin News Roundup

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

• Positive Sentiment: Some recent commentary suggests LMT may be benefiting from renewed attention on defense demand, with defense-stock bulls pointing to stronger munitions needs and ongoing U.S. military replenishment priorities. Article Title
• Positive Sentiment: Valuation-focused coverage argues Lockheed Martin may be undervalued after its recent decline, which could attract bargain hunters if investors believe the stock has overshot the fundamentals. Article Title
• Neutral Sentiment: Analyst targets remain above the current trading range, with recent price targets clustering well above where the stock is now, suggesting Wall Street still sees upside if execution stabilizes. Article Title
• Negative Sentiment: Investors remain focused on Lockheed Martin’s first-quarter miss, including lower-than-expected EPS and revenue, along with negative free cash flow, which has weighed on sentiment. Article Title
• Negative Sentiment: Coverage also highlights execution issues on major programs such as F-16, C-130, CH-53K, and Seahawk, adding to concerns that profit pressures could persist even if full-year guidance is unchanged. Article Title

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.