Lockheed Martin Corporation $LMT Shares Sold by Moran Wealth Management LLC

Moran Wealth Management LLC lessened its stake in shares of Lockheed Martin Corporation (NYSE:LMT) by 10.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,736 shares of the aerospace company’s stock after selling 4,629 shares during the quarter. Lockheed Martin comprises approximately 0.8% of Moran Wealth Management LLC’s portfolio, making the stock its 22nd biggest position. Moran Wealth Management LLC’s holdings in Lockheed Martin were worth $25,225,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Basso Capital Management L.P. acquired a new position in Lockheed Martin in the 4th quarter valued at $25,000. United Financial Planning Group LLC purchased a new position in Lockheed Martin during the 3rd quarter worth $25,000. Clarity Asset Management Inc. purchased a new position in Lockheed Martin during the 4th quarter worth $26,000. Triumph Capital Management lifted its stake in shares of Lockheed Martin by 66.7% in the 4th quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock worth $26,000 after acquiring an additional 22 shares during the period. Finally, Bard Associates Inc. acquired a new stake in shares of Lockheed Martin in the 4th quarter worth $27,000. 74.19% of the stock is owned by institutional investors and hedge funds.

Lockheed Martin Price Performance

Shares of NYSE:LMT opened at $544.75 on Friday. The firm has a market capitalization of $125.60 billion, a price-to-earnings ratio of 26.38, a price-to-earnings-growth ratio of 0.99 and a beta of 0.11. The company has a debt-to-equity ratio of 2.74, a current ratio of 1.14 and a quick ratio of 0.94. The business’s 50 day simple moving average is $520.46 and its 200-day simple moving average is $568.63. Lockheed Martin Corporation has a 12 month low of $410.11 and a 12 month high of $692.00.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings data on Thursday, April 23rd. The aerospace company reported $6.44 EPS for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $18.38 billion. During the same period in the previous year, the company posted $7.28 earnings per share. Lockheed Martin’s revenue was up .3% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. As a group, equities analysts forecast that Lockheed Martin Corporation will post 29.88 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 1st were given a $3.45 dividend. The ex-dividend date was Monday, June 1st. This represents a $13.80 annualized dividend and a dividend yield of 2.5%. Lockheed Martin’s dividend payout ratio is currently 66.83%.

Key Lockheed Martin News

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

• Positive Sentiment: Lockheed Martin is reportedly close to winning the race for Ultra Maritime, a naval defense specialist, in a deal that could value the business at roughly $3.5 billion and may be announced as soon as next week. Lockheed Closes In on $3.5 Billion Ultra Maritime Deal
• Positive Sentiment: Lockheed continues to benefit from major defense contract wins, including a large THAAD interceptor production award and a Sentinel A4 radar contract, which support revenue visibility and underscore strong demand for missile-defense systems. Why Lockheed Martin (LMT) Is Up 6.1% After Massive Missile-Defense Contracts And Index Shift
• Neutral Sentiment: Analysts are looking ahead to Lockheed Martin’s Q2 earnings report on July 23, with expectations calling for a slight decline in earnings, so investors may stay cautious until results are released. What to Expect From Lockheed Martin’s Next Quarterly Earnings Report
• Negative Sentiment: Some commentary remains focused on Lockheed’s recent uneven quarter, with program charges and weaker cash flow still seen as a risk even after the stock’s rebound. General Dynamics Vs. Lockheed Martin: Buy General Dynamics for Deep Marine Backlogs

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on LMT shares. BNP Paribas Exane dropped their price target on shares of Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating on the stock in a research note on Friday, April 24th. UBS Group reduced their price objective on shares of Lockheed Martin from $683.00 to $538.00 in a research report on Tuesday. Weiss Ratings lowered Lockheed Martin from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, June 9th. Jefferies Financial Group set a $575.00 target price on Lockheed Martin in a research report on Thursday, June 25th. Finally, TD Cowen dropped their target price on Lockheed Martin from $670.00 to $600.00 and set a “hold” rating on the stock in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $613.63.

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.