Harbour Investments Inc. Has $2.85 Million Position in Lockheed Martin Corporation $LMT

Harbour Investments Inc. boosted its stake in Lockheed Martin Corporation (NYSE:LMT) by 28.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,883 shares of the aerospace company’s stock after acquiring an additional 1,313 shares during the period. Harbour Investments Inc.’s holdings in Lockheed Martin were worth $2,845,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in LMT. United Financial Planning Group LLC bought a new stake in Lockheed Martin in the third quarter valued at approximately $25,000. Tucker Asset Management LLC bought a new stake in Lockheed Martin in the fourth quarter valued at approximately $32,000. Beacon Financial Strategies CORP bought a new stake in Lockheed Martin in the fourth quarter valued at approximately $34,000. Pilgrim Partners Asia Pte Ltd bought a new stake in Lockheed Martin in the third quarter valued at approximately $35,000. Finally, Wexford Capital LP bought a new stake in Lockheed Martin in the third quarter valued at approximately $36,000. 74.19% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently commented on LMT shares. Bank of America reduced their target price on Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating on the stock in a report on Friday, April 24th. Weiss Ratings upgraded Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, May 14th. Argus upped their target price on Lockheed Martin from $530.00 to $735.00 and gave the company a “buy” rating in a report on Friday, March 6th. TD Cowen reduced their target price on Lockheed Martin from $670.00 to $600.00 and set a “hold” rating on the stock in a report on Friday, April 24th. Finally, Citigroup reduced their target price on Lockheed Martin from $675.00 to $571.00 and set a “neutral” rating on the stock in a report on Monday, May 18th. One 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’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $620.68.

Key Stories Impacting Lockheed Martin

Here are the key news stories impacting Lockheed Martin this week:

• Positive Sentiment: Lockheed is seeing strong demand in missile defense, sustainment, and autonomous systems, which supports the company’s long-term revenue outlook. Lockheed Martin sees rising demand for missile defense, sustainment, autonomous systems
• Positive Sentiment: The U.S. military awarded major defense contracts tied to F-35 and MLRS support, reinforcing Lockheed’s backlog and near-term defense spending tailwinds. LMT, RTX Win Big US Defense Contracts Worth Over $1.1B
• Positive Sentiment: Lockheed is expanding munitions capacity in Alabama, including work tied to missile defense programs such as THAAD, which points to stronger production capabilities and future revenue potential. Lockheed Martin Expands Alabama Munitions Capacity As Valuation Draws Investor Focus
• Positive Sentiment: Management commentary at Bernstein and other appearances highlighted continued demand for missile defense and F-35-related programs, which can reassure investors about the defense growth story. Lockheed Martin Corporation (LMT) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript
• Neutral Sentiment: Gastops said its ChipCHECK debris-analysis technology was validated for the Pratt & Whitney F135 engine used in the F-35, a supportive development for the broader F-35 ecosystem but not a direct Lockheed earnings catalyst. Gastops Validates ChipCHECK® Debris Analysis Technology for Pratt & Whitney F135 Engine / Lockheed Martin F-35 Lightning II
• Neutral Sentiment: News that the F-35 PTMS analysis will be completed soon and that Block 4 is viewed as underfunded may keep attention on program execution and funding risk, but it also underscores the program’s strategic importance. F-35 Program And Lockheed Martin To Finish F-35 PTMS Analysis Soon, As HASC Argues Block 4 “Underfunded”
• Negative Sentiment: Some investor focus is being weighed by valuation concerns after Citi cut its price target on LMT to $571 from $675 while keeping a Neutral rating, which may limit upside enthusiasm. Is Lockheed Martin (LMT) One of the Best Blue Chip Stocks to Buy for Your Retirement Portfolio?

Lockheed Martin Price Performance

Lockheed Martin stock opened at $531.80 on Thursday. The stock has a market capitalization of $122.61 billion, a price-to-earnings ratio of 25.75, a PEG ratio of 0.97 and a beta of 0.10. Lockheed Martin Corporation has a 52-week low of $410.11 and a 52-week high of $692.00. The stock’s 50 day moving average price is $570.82 and its two-hundred day moving average price is $557.72. The company has a debt-to-equity ratio of 2.74, a quick ratio of 0.94 and a current ratio of 1.14.

Lockheed Martin (NYSE:LMT) last posted its quarterly 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 business had revenue of $18.02 billion for the quarter, compared to the consensus estimate of $18.38 billion. Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.Lockheed Martin’s quarterly revenue was up .3% on a year-over-year basis. During the same quarter in the previous year, the company posted $7.28 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. On average, equities analysts predict that Lockheed Martin Corporation will post 29.88 earnings per share for the current year.

Lockheed Martin Dividend Announcement

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