Lockheed Martin Corporation $LMT Shares Purchased by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC grew its position in Lockheed Martin Corporation (NYSE:LMT) by 4.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 30,119 shares of the aerospace company’s stock after acquiring an additional 1,172 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Lockheed Martin were worth $14,568,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. Venture Visionary Partners LLC boosted its holdings in shares of Lockheed Martin by 2.1% in the fourth quarter. Venture Visionary Partners LLC now owns 16,808 shares of the aerospace company’s stock valued at $8,179,000 after acquiring an additional 345 shares during the period. Verition Fund Management LLC boosted its holdings in shares of Lockheed Martin by 37.5% in the fourth quarter. Verition Fund Management LLC now owns 71,679 shares of the aerospace company’s stock valued at $34,669,000 after acquiring an additional 19,532 shares during the period. Perryman Financial Advisory Inc. AD acquired a new stake in shares of Lockheed Martin in the fourth quarter valued at approximately $6,486,000. Piedmont Capital Management LLC NC acquired a new stake in shares of Lockheed Martin in the fourth quarter valued at approximately $236,000. Finally, Resources Management Corp CT ADV boosted its holdings in shares of Lockheed Martin by 186.4% in the fourth quarter. Resources Management Corp CT ADV now owns 3,795 shares of the aerospace company’s stock valued at $1,836,000 after acquiring an additional 2,470 shares during the period. 74.19% of the stock is owned by institutional investors and hedge funds.

Lockheed Martin Price Performance

Lockheed Martin stock opened at $539.94 on Monday. Lockheed Martin Corporation has a 12 month low of $410.11 and a 12 month high of $692.00. The company has a debt-to-equity ratio of 2.74, a current ratio of 1.14 and a quick ratio of 0.94. The business has a 50 day simple moving average of $548.13 and a 200-day simple moving average of $563.19. The stock has a market capitalization of $124.49 billion, a PE ratio of 26.15, a price-to-earnings-growth ratio of 0.98 and a beta of 0.10.

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

Lockheed Martin Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 1st will be paid a dividend of $3.45 per share. This represents a $13.80 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Monday, June 1st. Lockheed Martin’s dividend payout ratio is 66.83%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. TD Cowen decreased their price objective on Lockheed Martin from $670.00 to $600.00 and set a “hold” rating for the company in a report on Friday, April 24th. Weiss Ratings downgraded Lockheed Martin from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, June 9th. Wells Fargo & Company assumed coverage on Lockheed Martin in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $650.00 price objective for the company. Wall Street Zen downgraded Lockheed Martin from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. Finally, BNP Paribas Exane decreased their price objective on Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating for the company in a report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $620.68.

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.