1,852 Shares in Lockheed Martin Corporation $LMT Purchased by Dearborn Partners LLC

Dearborn Partners LLC acquired a new position in Lockheed Martin Corporation (NYSE:LMT) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 1,852 shares of the aerospace company’s stock, valued at approximately $1,119,000.

Other large investors have also modified their holdings of the company. Basso Capital Management L.P. purchased a new stake in shares of Lockheed Martin in the fourth quarter worth approximately $25,000. Burnham & Co LLC bought a new stake in shares of Lockheed Martin during the 2nd quarter worth approximately $25,000. United Financial Planning Group LLC purchased a new position in Lockheed Martin during the 3rd quarter valued at $25,000. Clarity Asset Management Inc. bought a new position in Lockheed Martin in the 4th quarter valued at $26,000. Finally, Triumph Capital Management grew its position in Lockheed Martin by 66.7% in the 4th quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock valued at $26,000 after acquiring an additional 22 shares during the last quarter. Hedge funds and other institutional investors own 74.19% of the company’s stock.

Lockheed Martin Trading Up 0.0%

LMT opened at $565.81 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. The stock’s fifty day moving average is $550.67 and its two-hundred day moving average is $573.82. The company has a market capitalization of $130.58 billion, a P/E ratio of 20.86, a PEG ratio of 0.97 and a beta of 0.10. Lockheed Martin Corporation has a 52 week low of $437.25 and a 52 week high of $692.00.

Lockheed Martin (NYSE:LMT) last issued its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share for the quarter, topping the consensus estimate of $7.22 by $0.72. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.The business had revenue of $20.06 billion during the quarter, compared to analysts’ expectations of $19.34 billion. During the same period in the prior year, the business earned $1.46 EPS. The business’s revenue for the quarter 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. Analysts forecast that Lockheed Martin Corporation will post 30.39 earnings per share for the current year.

Lockheed Martin Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Tuesday, September 1st will be given a dividend of $3.45 per share. 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%.

Analyst Ratings Changes

LMT has been the subject of several research analyst reports. TD Cowen decreased their target price on Lockheed Martin from $600.00 to $560.00 and set a “hold” rating for the company in a research report on Monday, July 13th. Wall Street Zen cut shares of Lockheed Martin from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 15th. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Lockheed Martin in a research note on Friday, May 29th. Jefferies Financial Group reiterated a “hold” rating on shares of Lockheed Martin in a report on Sunday, July 26th. Finally, Robert W. Baird set a $700.00 price objective 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, seven have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $632.39.

About Lockheed Martin

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.