22,092 Shares in Lockheed Martin Corporation $LMT Bought by Bensler LLC

Bensler LLC purchased a new stake in Lockheed Martin Corporation (NYSE:LMTFree Report) in the fourth quarter, Holdings Channel.com reports. The fund purchased 22,092 shares of the aerospace company’s stock, valued at approximately $10,685,000.

A number of other hedge funds have also recently bought and sold shares of the company. NewEdge Wealth LLC grew its stake in shares of Lockheed Martin by 41.3% in the 4th quarter. NewEdge Wealth LLC now owns 81,690 shares of the aerospace company’s stock worth $39,511,000 after acquiring an additional 23,858 shares in the last quarter. Stiles Financial Services Inc lifted its position in shares of Lockheed Martin by 3.8% during the fourth quarter. Stiles Financial Services Inc now owns 4,543 shares of the aerospace company’s stock valued at $2,197,000 after purchasing an additional 167 shares in the last quarter. Triton Financial Group Inc boosted its holdings in Lockheed Martin by 5.0% during the fourth quarter. Triton Financial Group Inc now owns 2,386 shares of the aerospace company’s stock worth $1,154,000 after purchasing an additional 114 shares during the last quarter. Vectors Research Management LLC boosted its holdings in Lockheed Martin by 0.7% during the fourth quarter. Vectors Research Management LLC now owns 3,159 shares of the aerospace company’s stock worth $1,528,000 after purchasing an additional 23 shares during the last quarter. Finally, Ethic Inc. grew its position in Lockheed Martin by 1.1% in the 4th quarter. Ethic Inc. now owns 6,216 shares of the aerospace company’s stock worth $3,007,000 after purchasing an additional 68 shares in the last quarter. 74.19% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Robert W. Baird lifted their target price on shares of Lockheed Martin from $550.00 to $640.00 and gave the stock an “outperform” rating in a research report on Friday, January 16th. Truist Financial upped their target price on Lockheed Martin from $605.00 to $695.00 and gave the company a “buy” rating in a report on Friday, January 30th. Deutsche Bank Aktiengesellschaft dropped their price target on Lockheed Martin from $615.00 to $575.00 and set a “hold” rating on the stock in a report on Friday, April 24th. Sanford C. Bernstein boosted their price objective on Lockheed Martin from $654.00 to $661.00 and gave the stock a “market perform” rating in a research report on Tuesday, April 21st. Finally, Royal Bank Of Canada reduced their price objective on Lockheed Martin from $650.00 to $575.00 and set a “sector perform” rating for the company in a research note on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Lockheed Martin presently has a consensus rating of “Hold” and an average price target of $628.63.

View Our Latest Stock Analysis on LMT

Lockheed Martin Trading Down 1.1%

NYSE:LMT opened at $506.79 on Friday. Lockheed Martin Corporation has a 12 month low of $410.11 and a 12 month high of $692.00. The company has a current ratio of 1.14, a quick ratio of 0.94 and a debt-to-equity ratio of 2.74. The firm’s 50 day moving average is $608.10 and its 200 day moving average is $554.07. The stock has a market capitalization of $116.85 billion, a PE ratio of 24.54, a price-to-earnings-growth ratio of 0.92 and a beta of 0.10.

Lockheed Martin (NYSE:LMTGet Free Report) last released its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $6.79 by ($0.35). The firm had revenue of $18.02 billion during the quarter, compared to analysts’ expectations of $18.38 billion. Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The business’s quarterly revenue was up .3% compared to the same quarter last year. During the same period in the prior year, the business earned $7.28 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Sell-side analysts expect that Lockheed Martin Corporation will post 29.88 earnings per share for the current year.

Key Stories Impacting Lockheed Martin

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About Lockheed Martin

(Free Report)

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.

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Institutional Ownership by Quarter for Lockheed Martin (NYSE:LMT)

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