Lockheed Martin Corporation $LMT Stake Lessened by Moser Wealth Advisors LLC

Moser Wealth Advisors LLC lessened its holdings in Lockheed Martin Corporation (NYSE:LMT) by 2.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,378 shares of the aerospace company’s stock after selling 74 shares during the period. Lockheed Martin comprises approximately 0.8% of Moser Wealth Advisors LLC’s portfolio, making the stock its 29th biggest position. Moser Wealth Advisors LLC’s holdings in Lockheed Martin were worth $1,564,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Brighton Jones LLC increased its stake in Lockheed Martin by 5.0% in the 4th quarter. Brighton Jones LLC now owns 3,995 shares of the aerospace company’s stock valued at $1,941,000 after buying an additional 191 shares during the period. Legacy Advisors LLC grew its holdings in shares of Lockheed Martin by 12.0% during the 1st quarter. Legacy Advisors LLC now owns 974 shares of the aerospace company’s stock valued at $435,000 after acquiring an additional 104 shares in the last quarter. Inman Jager Wealth Management LLC increased its stake in shares of Lockheed Martin by 11.4% in the first quarter. Inman Jager Wealth Management LLC now owns 3,541 shares of the aerospace company’s stock worth $1,582,000 after acquiring an additional 361 shares during the last quarter. SOL Capital Management CO raised its holdings in shares of Lockheed Martin by 17.4% during the first quarter. SOL Capital Management CO now owns 2,225 shares of the aerospace company’s stock worth $994,000 after acquiring an additional 330 shares in the last quarter. Finally, Pure Financial Advisors LLC boosted its position in Lockheed Martin by 23.1% during the first quarter. Pure Financial Advisors LLC now owns 4,567 shares of the aerospace company’s stock valued at $2,040,000 after purchasing an additional 856 shares during the last quarter. 74.19% of the stock is owned by institutional investors and hedge funds.

Lockheed Martin Stock Up 0.2%

LMT stock opened at $487.95 on Friday. The company has a debt-to-equity ratio of 3.32, a current ratio of 1.13 and a quick ratio of 0.83. Lockheed Martin Corporation has a 52-week low of $410.11 and a 52-week high of $576.43. The company has a 50-day moving average of $476.56 and a two-hundred day moving average of $466.07. The stock has a market capitalization of $112.91 billion, a price-to-earnings ratio of 27.24, a price-to-earnings-growth ratio of 2.13 and a beta of 0.28.

Lockheed Martin (NYSE:LMT) last released its quarterly earnings results on Tuesday, October 21st. The aerospace company reported $6.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.33 by $0.62. Lockheed Martin had a net margin of 5.73% and a return on equity of 111.84%. The company had revenue of $18.61 billion during the quarter, compared to analysts’ expectations of $18.45 billion. During the same period in the prior year, the company earned $6.84 earnings per share. The business’s quarterly revenue was up 8.8% compared to the same quarter last year. Lockheed Martin has set its FY 2025 guidance at 22.150-22.350 EPS. As a group, equities research analysts anticipate that Lockheed Martin Corporation will post 27.15 EPS for the current year.

Lockheed Martin Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 30th. Investors of record on Monday, December 1st will be paid a $3.45 dividend. The ex-dividend date is Monday, December 1st. This is a boost from Lockheed Martin’s previous quarterly dividend of $3.30. This represents a $13.80 annualized dividend and a dividend yield of 2.8%. Lockheed Martin’s dividend payout ratio is 74.32%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. UBS Group dropped their target price on Lockheed Martin from $514.00 to $513.00 and set a “neutral” rating on the stock in a research report on Wednesday. Vertical Research restated a “hold” rating and issued a $460.00 price objective on shares of Lockheed Martin in a report on Tuesday, July 22nd. The Goldman Sachs Group lifted their target price on shares of Lockheed Martin from $398.00 to $425.00 and gave the company a “sell” rating in a research note on Friday, October 10th. JPMorgan Chase & Co. dropped their price target on shares of Lockheed Martin from $520.00 to $465.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 23rd. Finally, Sanford C. Bernstein upped their price objective on shares of Lockheed Martin from $497.00 to $545.00 and gave the stock a “market perform” rating in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $513.47.

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.