Creative Financial Designs Inc. ADV Purchases 1,962 Shares of Lockheed Martin Corporation $LMT

Creative Financial Designs Inc. ADV increased its position in shares of Lockheed Martin Corporation (NYSE:LMT) by 80.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,413 shares of the aerospace company’s stock after buying an additional 1,962 shares during the period. Creative Financial Designs Inc. ADV’s holdings in Lockheed Martin were worth $2,134,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. Harvest Portfolios Group Inc. boosted its holdings in shares of Lockheed Martin by 21.2% during the 4th quarter. Harvest Portfolios Group Inc. now owns 5,362 shares of the aerospace company’s stock worth $2,593,000 after buying an additional 938 shares during the period. Gables Capital Management Inc. boosted its holdings in shares of Lockheed Martin by 3.9% during the 4th quarter. Gables Capital Management Inc. now owns 1,976 shares of the aerospace company’s stock worth $956,000 after buying an additional 75 shares during the period. McKinley Carter Wealth Services Inc. boosted its position in shares of Lockheed Martin by 2.3% in the fourth quarter. McKinley Carter Wealth Services Inc. now owns 7,597 shares of the aerospace company’s stock valued at $3,675,000 after acquiring an additional 169 shares during the period. Csenge Advisory Group boosted its position in shares of Lockheed Martin by 34.5% in the fourth quarter. Csenge Advisory Group now owns 9,582 shares of the aerospace company’s stock valued at $4,635,000 after acquiring an additional 2,457 shares during the period. Finally, ProShare Advisors LLC boosted its position in shares of Lockheed Martin by 19.8% in the fourth quarter. ProShare Advisors LLC now owns 41,449 shares of the aerospace company’s stock valued at $20,048,000 after acquiring an additional 6,840 shares during the period. 74.19% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on LMT shares. Susquehanna reduced their price objective on Lockheed Martin from $740.00 to $700.00 and set a “positive” rating for the company in a research report on Friday, April 24th. The Goldman Sachs Group upped their target price on shares of Lockheed Martin from $464.00 to $517.00 and gave the company a “sell” rating in a research note on Monday, February 2nd. TD Cowen cut their target price on shares of Lockheed Martin from $670.00 to $600.00 and set a “hold” rating for the company in a research note on Friday, April 24th. Citigroup cut their target price on shares of Lockheed Martin from $675.00 to $571.00 and set a “neutral” rating for the company in a research note on Monday. Finally, Wells Fargo & Company began coverage on shares of Lockheed Martin in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $650.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $620.68.

Lockheed Martin Price Performance

NYSE:LMT opened at $522.32 on Thursday. The stock has a market cap of $120.43 billion, a P/E ratio of 25.29, a PEG ratio of 0.95 and a beta of 0.10. Lockheed Martin Corporation has a one year low of $410.11 and a one year high of $692.00. The company has a fifty day moving average price of $582.60 and a 200 day moving average price of $555.98. The company has a debt-to-equity ratio of 2.74, a current ratio of 1.14 and a quick ratio of 0.94.

Lockheed Martin (NYSE:LMT) last released its 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 net margin of 6.38% and a return on equity of 101.64%. The company had revenue of $18.02 billion for the quarter, compared to analyst estimates of $18.38 billion. During the same quarter in the previous year, the company earned $7.28 earnings per share. 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. Analysts anticipate that Lockheed Martin Corporation will post 29.88 earnings per share for the current year.

Lockheed Martin Announces Dividend

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

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.