Public Employees Retirement System of Ohio Has $39.18 Million Holdings in Lockheed Martin Corporation $LMT

Public Employees Retirement System of Ohio decreased its position in shares of Lockheed Martin Corporation (NYSE:LMT) by 7.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 76,897 shares of the aerospace company’s stock after selling 6,363 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Lockheed Martin were worth $39,176,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Basso Capital Management L.P. acquired a new position in shares of Lockheed Martin in the fourth quarter valued at approximately $25,000. Burnham & Co LLC acquired a new position in Lockheed Martin in the 2nd quarter valued at approximately $25,000. United Financial Planning Group LLC bought a new position in shares of Lockheed Martin during the third quarter valued at $25,000. Clarity Asset Management Inc. bought a new position in shares of Lockheed Martin during the fourth quarter valued at $26,000. Finally, Triumph Capital Management lifted its holdings in shares of Lockheed Martin by 66.7% during the fourth quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock worth $26,000 after purchasing an additional 22 shares during the period. 74.19% of the stock is currently owned by institutional investors.

Lockheed Martin Price Performance

Shares of LMT opened at $563.82 on Friday. The firm has a market cap of $130.12 billion, a PE ratio of 20.78, a price-to-earnings-growth 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. The business’s 50 day moving average price is $551.70 and its two-hundred day moving average price is $573.75. 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 posted its quarterly earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share for the quarter, beating the consensus estimate of $7.22 by $0.72. The firm 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 business’s revenue was up 10.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.46 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. On average, equities analysts anticipate that Lockheed Martin Corporation will post 30.39 EPS for the current year.

Lockheed Martin Dividend Announcement

The firm also recently declared 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 annualized dividend and a yield of 2.4%. Lockheed Martin’s dividend payout ratio (DPR) is presently 50.87%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on LMT. Weiss Ratings upgraded Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 13th. Wells Fargo & Company set a $600.00 price target on Lockheed Martin in a research report on Monday, July 27th. UBS Group reiterated a “neutral” rating and issued a $581.00 target price on shares of Lockheed Martin in a report on Friday, July 24th. Sanford C. Bernstein reissued a “market perform” rating on shares of Lockheed Martin in a research report on Friday, May 29th. Finally, Jefferies Financial Group reaffirmed a “hold” rating on shares of Lockheed Martin in a research note on Sunday, July 26th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $632.39.

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.