Investor s Fiduciary Advisor Network LLC Makes New Investment in Lockheed Martin Corporation $LMT

Investor s Fiduciary Advisor Network LLC acquired a new position in Lockheed Martin Corporation (NYSE:LMT) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,771 shares of the aerospace company’s stock, valued at approximately $902,000.

A number of other large investors also recently modified their holdings of LMT. Safeguard Investment Advisory Group LLC purchased a new position in shares of Lockheed Martin during the second quarter valued at approximately $493,000. Ally Financial Inc. purchased a new stake in Lockheed Martin in the 2nd quarter valued at $2,038,000. TCM Advisors LLC purchased a new stake in Lockheed Martin in the 2nd quarter valued at $1,392,000. Infrastructure Capital Advisors LLC purchased a new stake in Lockheed Martin in the 2nd quarter valued at $6,396,000. Finally, Cibc World Market Inc. bought a new position in Lockheed Martin during the 2nd quarter valued at $22,877,000. Institutional investors own 74.19% of the company’s stock.

Lockheed Martin Price Performance

Shares of NYSE:LMT opened at $564.61 on Monday. The company has a market capitalization of $130.31 billion, a P/E ratio of 20.81, a price-to-earnings-growth ratio of 0.97 and a beta of 0.10. The company’s 50-day moving average is $547.80 and its 200 day moving average is $575.31. The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.01 and a current ratio of 1.19. Lockheed Martin Corporation has a fifty-two week low of $437.25 and a fifty-two week high of $692.00.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.22 by $0.72. The business had revenue of $20.06 billion during the quarter, compared to the consensus estimate of $19.34 billion. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The firm’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same quarter last year, the company posted $1.46 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. On average, equities research analysts forecast that Lockheed Martin Corporation will post 30.39 earnings per share for the current year.

Lockheed Martin Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Tuesday, September 1st will be given a dividend of $3.45 per share. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 1st. Lockheed Martin’s dividend payout ratio is currently 50.87%.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. DZ Bank raised shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 30th. Royal Bank Of Canada increased their target price on shares of Lockheed Martin from $575.00 to $600.00 and gave the company a “sector perform” rating in a report on Friday, July 24th. UBS Group restated a “neutral” rating and set a $581.00 price target on shares of Lockheed Martin in a report on Friday, July 24th. Citigroup increased their price objective on shares of Lockheed Martin from $641.00 to $691.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. Finally, Robert W. Baird set a $700.00 target price on shares of Lockheed Martin in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $632.39.

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.