Outlook Capital Management LLC Invests $6 Million in Lockheed Martin Corporation $LMT

Outlook Capital Management LLC bought a new position in shares of Lockheed Martin Corporation (NYSE:LMT) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 11,782 shares of the aerospace company’s stock, valued at approximately $6,002,000. Lockheed Martin accounts for about 1.9% of Outlook Capital Management LLC’s portfolio, making the stock its 9th biggest holding.

Other large investors have also recently bought and sold shares of the company. Box Hill Private Wealth LLC acquired a new position in Lockheed Martin during the 2nd quarter valued at $218,000. Investor s Fiduciary Advisor Network LLC grew its position in Lockheed Martin by 7.1% in the 2nd quarter. Investor s Fiduciary Advisor Network LLC now owns 1,771 shares of the aerospace company’s stock worth $902,000 after purchasing an additional 118 shares during the last quarter. NWF Advisory Services Inc. increased its holdings in shares of Lockheed Martin by 2.6% during the 2nd quarter. NWF Advisory Services Inc. now owns 1,188 shares of the aerospace company’s stock worth $606,000 after purchasing an additional 30 shares during the period. Rogco LP increased its holdings in shares of Lockheed Martin by 5.8% during the 2nd quarter. Rogco LP now owns 1,998 shares of the aerospace company’s stock worth $1,018,000 after purchasing an additional 110 shares during the period. Finally, Syon Capital LLC raised its position in shares of Lockheed Martin by 1.3% during the second quarter. Syon Capital LLC now owns 3,401 shares of the aerospace company’s stock valued at $1,732,000 after buying an additional 43 shares during the last quarter. 74.19% of the stock is currently owned by institutional investors and hedge funds.

Lockheed Martin Price Performance

NYSE:LMT opened at $524.58 on Friday. The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.01 and a current ratio of 1.19. The company has a 50-day moving average of $555.58 and a 200-day moving average of $570.30. Lockheed Martin Corporation has a 52 week low of $437.25 and a 52 week high of $692.00. The company has a market capitalization of $121.07 billion, a price-to-earnings ratio of 19.34, a PEG ratio of 1.16 and a beta of 0.10.

Lockheed Martin (NYSE:LMT) last posted 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. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The business had revenue of $20.06 billion for the quarter, compared to analysts’ expectations of $19.34 billion. During the same quarter in the previous year, the firm posted $1.46 earnings per share. The firm’s revenue for the quarter was up 10.5% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. As a group, equities research analysts anticipate that Lockheed Martin Corporation will post 30.39 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

The business 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 $3.45 dividend. This represents a $13.80 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Tuesday, September 1st. Lockheed Martin’s dividend payout ratio is currently 50.87%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on LMT. UBS Group reiterated a “neutral” rating and issued a $581.00 target price on shares of Lockheed Martin in a research note on Friday, July 24th. Citigroup boosted their price target on Lockheed Martin from $641.00 to $691.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. Royal Bank Of Canada upped their price target on Lockheed Martin from $575.00 to $600.00 and gave the company a “sector perform” rating in a report on Friday, July 24th. Sanford C. Bernstein reiterated a “market perform” rating on shares of Lockheed Martin in a research report on Friday, May 29th. Finally, TD Cowen decreased their price objective on Lockheed Martin from $600.00 to $560.00 and set a “hold” rating on the stock in a report on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price 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.