Lockheed Martin (NYSE:LMT) Issues Quarterly Earnings Results

Lockheed Martin (NYSE:LMT) announced its earnings results on Tuesday. The aerospace company reported $7.28 earnings per share for the quarter, topping analysts’ consensus estimates of $6.34 by $0.94, Zacks reports. Lockheed Martin had a return on equity of 101.47% and a net margin of 7.51%. The firm had revenue of $17.96 billion for the quarter, compared to the consensus estimate of $17.83 billion. Lockheed Martin updated its FY 2025 guidance to 27.000-27.300 EPS.

Lockheed Martin Stock Performance

NYSE:LMT opened at $448.18 on Tuesday. The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.95 and a current ratio of 1.13. The stock’s fifty day moving average is $452.57 and its 200 day moving average is $494.72. Lockheed Martin has a fifty-two week low of $418.88 and a fifty-two week high of $618.95. The firm has a market capitalization of $105.13 billion, a PE ratio of 20.21, a PEG ratio of 2.07 and a beta of 0.39.

Lockheed Martin Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 3rd were issued a dividend of $3.30 per share. This represents a $13.20 annualized dividend and a dividend yield of 2.95%. The ex-dividend date of this dividend was Monday, March 3rd. Lockheed Martin’s dividend payout ratio (DPR) is presently 59.30%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on LMT shares. Melius Research cut shares of Lockheed Martin from a “strong-buy” rating to a “hold” rating in a report on Monday, March 24th. Citigroup cut their price objective on shares of Lockheed Martin from $700.00 to $600.00 and set a “buy” rating for the company in a report on Tuesday, January 21st. Deutsche Bank Aktiengesellschaft cut Lockheed Martin from a “buy” rating to a “hold” rating and reduced their price target for the company from $611.00 to $523.00 in a research report on Thursday, January 2nd. StockNews.com lowered shares of Lockheed Martin from a “buy” rating to a “hold” rating in a research report on Tuesday, April 1st. Finally, Barclays dropped their target price on shares of Lockheed Martin from $565.00 to $515.00 and set an “equal weight” rating for the company in a research report on Monday, January 6th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $539.93.

Insider Transactions at Lockheed Martin

In other news, VP Harry Edward Paul III sold 707 shares of the business’s stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $442.61, for a total transaction of $312,925.27. Following the sale, the vice president now owns 2,278 shares in the company, valued at approximately $1,008,265.58. The trade was a 23.69 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Robert M. Lightfoot, Jr. sold 3,213 shares of Lockheed Martin stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $442.42, for a total transaction of $1,421,495.46. Following the sale, the insider now owns 2,000 shares of the company’s stock, valued at $884,840. The trade was a 61.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 7,133 shares of company stock worth $3,155,916. 0.14% of the stock is currently owned by insiders.

Institutional Trading of Lockheed Martin

An institutional investor recently raised its position in Lockheed Martin stock. Brighton Jones LLC lifted its holdings in Lockheed Martin Co. (NYSE:LMT) by 5.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,995 shares of the aerospace company’s stock after acquiring an additional 191 shares during the quarter. Brighton Jones LLC’s holdings in Lockheed Martin were worth $1,941,000 as of its most recent SEC filing. Institutional investors own 74.19% of the company’s stock.

Lockheed Martin Company Profile

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. The company operates through Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space segments.