Lockheed Martin Corporation $LMT Shares Acquired by Macquarie Group Ltd.

Macquarie Group Ltd. grew its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 1.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 113,528 shares of the aerospace company’s stock after acquiring an additional 1,996 shares during the quarter. Macquarie Group Ltd.’s holdings in Lockheed Martin were worth $54,910,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Westchester Capital Management Inc. boosted its position in Lockheed Martin by 0.4% during the 4th quarter. Westchester Capital Management Inc. now owns 32,279 shares of the aerospace company’s stock worth $15,612,000 after acquiring an additional 137 shares during the period. Keynote Financial Services LLC boosted its position in Lockheed Martin by 3.6% during the 4th quarter. Keynote Financial Services LLC now owns 3,101 shares of the aerospace company’s stock worth $1,500,000 after acquiring an additional 107 shares during the period. Empire Financial Management Company LLC boosted its position in Lockheed Martin by 6.0% during the 4th quarter. Empire Financial Management Company LLC now owns 1,769 shares of the aerospace company’s stock worth $856,000 after acquiring an additional 100 shares during the period. Douglass Winthrop Advisors LLC boosted its position in Lockheed Martin by 7.4% during the 4th quarter. Douglass Winthrop Advisors LLC now owns 1,774 shares of the aerospace company’s stock worth $858,000 after acquiring an additional 122 shares during the period. Finally, Laurel Oak Wealth Management LLC acquired a new position in Lockheed Martin during the 4th quarter worth $537,000. Institutional investors and hedge funds own 74.19% of the company’s stock.

Analyst Ratings Changes

LMT has been the subject of a number of analyst reports. Wall Street Zen lowered Lockheed Martin from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. Jefferies Financial Group reiterated a “hold” rating and set a $595.00 price target on shares of Lockheed Martin in a research report on Sunday, April 26th. DZ Bank upgraded Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 30th. Royal Bank Of Canada reduced their price target on Lockheed Martin from $650.00 to $575.00 and set a “sector perform” rating for the company in a research report on Friday, April 24th. Finally, Susquehanna cut their price objective on Lockheed Martin from $740.00 to $700.00 and set a “positive” 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 given a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $620.68.

Lockheed Martin Trading Down 1.6%

Shares of Lockheed Martin stock opened at $539.94 on Friday. The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 2.74. The firm has a market cap of $124.49 billion, a price-to-earnings ratio of 26.15, a price-to-earnings-growth ratio of 0.99 and a beta of 0.10. The business has a fifty day simple moving average of $548.13 and a 200-day simple moving average of $562.41. Lockheed Martin Corporation has a fifty-two week low of $410.11 and a fifty-two week high of $692.00.

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

Lockheed Martin Announces Dividend

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