PCM Encore LLC Invests $529,000 in Lockheed Martin Corporation $LMT

PCM Encore LLC bought a new position in Lockheed Martin Corporation (NYSE:LMT) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,039 shares of the aerospace company’s stock, valued at approximately $529,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in LMT. World Investment Advisors grew its holdings in shares of Lockheed Martin by 54.7% in the fourth quarter. World Investment Advisors now owns 14,739 shares of the aerospace company’s stock valued at $7,129,000 after purchasing an additional 5,214 shares in the last quarter. SG Americas Securities LLC raised its stake in Lockheed Martin by 5.4% during the first quarter. SG Americas Securities LLC now owns 276,383 shares of the aerospace company’s stock valued at $167,043,000 after purchasing an additional 14,150 shares in the last quarter. Secured Retirement Advisors LLC raised its stake in Lockheed Martin by 288.6% during the fourth quarter. Secured Retirement Advisors LLC now owns 3,128 shares of the aerospace company’s stock valued at $1,513,000 after purchasing an additional 2,323 shares in the last quarter. Norris Financial Group LLC bought a new position in Lockheed Martin during the first quarter valued at $2,321,000. Finally, Legal Advantage Investments Inc. bought a new position in Lockheed Martin during the first quarter valued at $1,451,000. 74.19% of the stock is owned by institutional investors.

Lockheed Martin Stock Down 3.0%

NYSE LMT opened at $571.60 on Friday. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 2.34. Lockheed Martin Corporation has a 52 week low of $437.25 and a 52 week high of $692.00. The firm has a market capitalization of $131.92 billion, a price-to-earnings ratio of 21.07, a PEG ratio of 1.01 and a beta of 0.10. The company has a fifty day moving average of $547.31 and a two-hundred day moving average of $575.81.

Lockheed Martin (NYSE:LMT) last announced its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share for the quarter, beating 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 business had revenue of $20.06 billion for the quarter, compared to the consensus estimate of $19.34 billion. During the same quarter in the prior year, the firm posted $1.46 earnings per share. The business’s revenue for the quarter was up 10.5% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. On average, analysts predict that Lockheed Martin Corporation will post 30.39 earnings per share for the current year.

Lockheed Martin Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Tuesday, September 1st will be issued a dividend of $3.45 per share. This represents a $13.80 annualized dividend and a yield of 2.4%. The ex-dividend date is Tuesday, September 1st. Lockheed Martin’s dividend payout ratio is presently 50.87%.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Wall Street Zen cut shares of Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 15th. DZ Bank upgraded shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 30th. Citigroup increased their price target on shares of Lockheed Martin from $641.00 to $691.00 and gave the company a “buy” rating in a report on Thursday, August 13th. Wells Fargo & Company set a $600.00 price target on Lockheed Martin in a research report on Monday, July 27th. Finally, Morgan Stanley boosted their price objective on Lockheed Martin from $653.00 to $690.00 and gave the stock an “equal weight” rating in a research note on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $632.39.

More Lockheed Martin News

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

• Positive Sentiment: Lockheed Martin completed the first fully integrated Aegis System Equipped Vessel for Japan, a milestone that expands its role in Japan’s maritime air- and missile-defense infrastructure and supports broader Indo-Pacific defense cooperation. The achievement could strengthen the company’s position for future naval and missile-defense contracts. Lockheed Martin Completes First Japan ASEV In Indo Pacific Defense Milestone
• Positive Sentiment: Recent activity involving AI-enabled airspace sensing, next-generation missile-defense testing, modular defense systems and responsive space-launch partnerships adds to Lockheed Martin’s growth narrative. The company and its partners also participated in more than $152 million of recent Department of Defense contracts and a $920 million Air Force award pool. Should Lockheed’s AI Sensing and Space Partnerships Shift the Core Investment Case for LMT?
• Positive Sentiment: A valuation analysis argued that LMT may be approximately 24% undervalued based on discounted-cash-flow and comparable-multiple measures, despite an 87.9% five-year return. This may support the view that long-term defense demand is not fully reflected in the shares. Lockheed Martin Stock May Be 24% Undervalued On Japan Defense System News
• Neutral Sentiment: Commentary highlighted a potential new entry point in the military naval market, but the reports did not indicate a material near-term revenue or earnings contribution. Why Did Lockheed Martin Stock Drop Today?
• Neutral Sentiment: Speculation that Lockheed Martin could split its stock if it returns to its recent high is not a fundamental catalyst; a split would change the share count and price denomination, but not the company’s value. Stock-Split Watch: Is Lockheed Martin Next?

Lockheed Martin Company 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.