Sapient Capital LLC Has $1.77 Million Stake in Lockheed Martin Corporation $LMT

Sapient Capital LLC reduced its holdings in Lockheed Martin Corporation (NYSE:LMT) by 26.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,924 shares of the aerospace company’s stock after selling 1,046 shares during the quarter. Sapient Capital LLC’s holdings in Lockheed Martin were worth $1,767,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. FAS Wealth Partners Inc. lifted its holdings in shares of Lockheed Martin by 3.9% during the 1st quarter. FAS Wealth Partners Inc. now owns 3,132 shares of the aerospace company’s stock valued at $1,893,000 after purchasing an additional 119 shares in the last quarter. DV Trading LLC increased its stake in Lockheed Martin by 176.9% during the 1st quarter. DV Trading LLC now owns 443 shares of the aerospace company’s stock worth $268,000 after purchasing an additional 283 shares in the last quarter. Parallel Advisors LLC increased its stake in Lockheed Martin by 1.2% during the 1st quarter. Parallel Advisors LLC now owns 6,064 shares of the aerospace company’s stock worth $3,665,000 after purchasing an additional 73 shares in the last quarter. NewEdge Advisors LLC raised its holdings in Lockheed Martin by 2.8% during the 1st quarter. NewEdge Advisors LLC now owns 41,786 shares of the aerospace company’s stock worth $25,255,000 after buying an additional 1,149 shares during the period. Finally, Flagship Wealth Advisors LLC raised its holdings in Lockheed Martin by 9.3% during the 1st quarter. Flagship Wealth Advisors LLC now owns 529 shares of the aerospace company’s stock worth $320,000 after buying an additional 45 shares during the period. Institutional investors and hedge funds own 74.19% of the company’s stock.

Lockheed Martin Trading Up 0.6%

NYSE:LMT opened at $586.28 on Tuesday. The company has a market cap of $135.31 billion, a P/E ratio of 21.61, a price-to-earnings-growth ratio of 1.00 and a beta of 0.10. Lockheed Martin Corporation has a twelve month low of $419.00 and a twelve month high of $692.00. The business has a 50 day moving average price of $529.97 and a two-hundred day moving average price of $575.66. 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 (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, beating analysts’ consensus estimates of $7.22 by $0.72. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The company had revenue of $20.06 billion for the quarter, compared to the consensus estimate of $19.34 billion. During the same period last year, the company earned $1.46 earnings per share. The firm’s revenue was up 10.5% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. As a group, analysts expect that Lockheed Martin Corporation will post 30.31 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

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

Wall Street Analyst Weigh In

Several research firms have recently weighed in on LMT. JPMorgan Chase & Co. reduced their price target on shares of Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating for the company in a report on Tuesday, May 5th. Morgan Stanley raised their price objective on shares of Lockheed Martin from $653.00 to $690.00 and gave the stock an “equal weight” rating in a report on Friday, July 24th. Wells Fargo & Company set a $600.00 price objective on shares of Lockheed Martin in a research report on Monday, July 27th. UBS Group reaffirmed a “neutral” rating and issued a $581.00 target price on shares of Lockheed Martin in a research note on Friday, July 24th. Finally, Jefferies Financial Group reiterated a “hold” rating on shares of Lockheed Martin in a report on Sunday, July 26th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Lockheed Martin currently has an average rating of “Hold” and an average price target of $626.33.

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.