1,074 Shares in Lockheed Martin Corporation $LMT Purchased by RTD Financial Advisors Inc.

RTD Financial Advisors Inc. acquired a new stake in shares of Lockheed Martin Corporation (NYSE:LMT) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,074 shares of the aerospace company’s stock, valued at approximately $547,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in LMT. IAG Wealth Partners LLC increased its stake in shares of Lockheed Martin by 4,800.0% in the 1st quarter. IAG Wealth Partners LLC now owns 49 shares of the aerospace company’s stock valued at $30,000 after purchasing an additional 48 shares during the last quarter. Burnham & Co LLC bought a new stake in shares of Lockheed Martin during the 2nd quarter worth $25,000. Basso Capital Management L.P. acquired a new stake in Lockheed Martin in the fourth quarter valued at about $25,000. Field & Main Bank bought a new position in Lockheed Martin in the second quarter valued at about $26,000. Finally, Clarity Asset Management Inc. acquired a new position in Lockheed Martin during the fourth quarter worth about $26,000. 74.19% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of Lockheed Martin from a “buy” rating to a “strong-buy” rating in a research note on Sunday, September 20th. Jefferies Financial Group reissued a “hold” rating on shares of Lockheed Martin in a research note on Wednesday, September 2nd. Robert W. Baird set a $700.00 target price on shares of Lockheed Martin in a research note on Friday, July 24th. Royal Bank Of Canada upped their price target on shares of Lockheed Martin from $575.00 to $600.00 and gave the stock a “sector perform” rating in a report on Friday, July 24th. Finally, Rothschild & Co Redburn assumed coverage on Lockheed Martin in a research note on Tuesday. They issued a “buy” rating and a $650.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $634.50.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed Martin won its first S-70i Black Hawk training contract from the Philippines. The award expands the company’s defense-training business and could create additional international revenue opportunities. Can Lockheed Martin’s Training Solutions Expand Its Defense Business?
• Positive Sentiment: Investors continue to focus on Lockheed’s record backlog, stronger missile demand and the Pentagon framework supporting the AIM-260 Joint Advanced Tactical Missile. Faster production and deliveries could provide multiyear revenue visibility. Can Lockheed Martin’s AIM-260 Missile Deliver Multiyear Growth?
• Positive Sentiment: Several analyses characterize LMT as undervalued after its recent decline, citing a forward-looking defense backlog, raised full-year outlook and a valuation below its recent historical average. UBS also published a $674 price target, while Rothschild & Co. initiated coverage with a Buy rating. Is The Market Underpricing Lockheed Martin Stock?
• Positive Sentiment: Lockheed announced the first flight of Morocco’s first F-16 Block 72, supporting the company’s international fighter-aircraft franchise and potential follow-on demand. Lockheed Martin Announces First Flight of Morocco’s First F-16 Block 72

Lockheed Martin Trading Up 0.4%

Shares of NYSE LMT opened at $509.74 on Friday. The firm has a 50 day moving average price of $547.87 and a two-hundred day moving average price of $547.13. The stock has a market cap of $117.64 billion, a P/E ratio of 18.79, a price-to-earnings-growth ratio of 1.10 and a beta of 0.09. Lockheed Martin Corporation has a 52-week low of $437.25 and a 52-week high of $692.00. 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 (NYSE:LMT) last issued its quarterly earnings results on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, topping 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 analyst estimates of $19.34 billion. During the same quarter in the previous year, the business earned $1.46 earnings per share. Lockheed Martin’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, equities analysts forecast that Lockheed Martin Corporation will post 30.44 EPS for the current year.

Lockheed Martin Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Tuesday, September 1st were given a $3.45 dividend. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Tuesday, September 1st. Lockheed Martin’s payout ratio is 50.87%.

About Lockheed Martin

Lockheed Martin Corporation is a global aerospace, defense and technology company headquartered in Bethesda, Maryland. The company develops and produces advanced systems for government and commercial customers, with the U.S. Department of Defense and other U.S. government agencies representing its primary customers.

Its principal activities include the design and manufacture of military aircraft, missiles, air and missile defense systems, radar and sensor technologies, naval and rotary-wing systems, satellites, space exploration systems, and cybersecurity and information technology solutions.