Bcwm LLC Acquires 3,497 Shares of Lockheed Martin Corporation $LMT

Bcwm LLC lifted its holdings in Lockheed Martin Corporation (NYSE:LMT) by 24.9% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 17,567 shares of the aerospace company’s stock after purchasing an additional 3,497 shares during the quarter. Lockheed Martin comprises 2.6% of Bcwm LLC’s holdings, making the stock its 14th biggest position. Bcwm LLC’s holdings in Lockheed Martin were worth $8,950,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. BlackRock Inc. bought a new position in Lockheed Martin in the second quarter valued at approximately $9,617,574,000. Bank of New York Mellon Corp bought a new stake in shares of Lockheed Martin during the second quarter worth $645,258,000. Legal & General Group Plc bought a new stake in shares of Lockheed Martin during the second quarter worth $497,469,000. Diamant Asset Management Inc. raised its holdings in shares of Lockheed Martin by 60,339.0% during the first quarter. Diamant Asset Management Inc. now owns 879,387 shares of the aerospace company’s stock worth $531,493,000 after acquiring an additional 877,932 shares during the period. Finally, AQR Capital Management LLC raised its holdings in shares of Lockheed Martin by 107.3% during the fourth quarter. AQR Capital Management LLC now owns 1,293,823 shares of the aerospace company’s stock worth $625,784,000 after acquiring an additional 669,604 shares during the period. 74.19% of the stock is owned by institutional investors.

Lockheed Martin Stock Performance

Shares of LMT stock opened at $565.68 on Thursday. The company’s fifty day simple moving average is $549.59 and its 200-day simple moving average is $574.23. 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 firm has a market cap of $130.55 billion, a PE ratio of 20.85, a P/E/G ratio of 0.95 and a beta of 0.10. Lockheed Martin Corporation has a 12 month low of $437.25 and a 12 month high of $692.00.

Lockheed Martin (NYSE:LMT) last released its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share for the quarter, beating analysts’ consensus estimates of $7.22 by $0.72. The business had revenue of $20.06 billion during the quarter, compared to the consensus estimate of $19.34 billion. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The firm’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same quarter last year, the firm earned $1.46 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Equities research analysts expect that Lockheed Martin Corporation will post 30.39 EPS for the current fiscal year.

Lockheed Martin Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $3.45 per share. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Tuesday, September 1st. Lockheed Martin’s dividend payout ratio is currently 50.87%.

Analyst Upgrades and Downgrades

Several research firms recently commented on LMT. Royal Bank Of Canada boosted their price objective on shares of Lockheed Martin from $575.00 to $600.00 and gave the company a “sector perform” rating in a research report on Friday, July 24th. Robert W. Baird set a $700.00 target price on Lockheed Martin in a report on Friday, July 24th. TD Cowen dropped their price target on Lockheed Martin from $600.00 to $560.00 and set a “hold” rating on the stock in a research note on Monday, July 13th. Sanford C. Bernstein restated a “market perform” rating on shares of Lockheed Martin in a report on Friday, May 29th. Finally, Morgan Stanley upped their price objective on Lockheed Martin from $653.00 to $690.00 and gave the stock an “equal weight” rating in a research report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $632.39.

Lockheed Martin Company 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.