Gerald Baker Financial Group LLC Buys Shares of 1,308 Lockheed Martin Corporation $LMT

Gerald Baker Financial Group LLC bought a new position in shares of Lockheed Martin Corporation (NYSE:LMT) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,308 shares of the aerospace company’s stock, valued at approximately $791,000.

A number of other large investors have also recently made changes to their positions in the stock. Basso Capital Management L.P. bought a new stake in shares of Lockheed Martin during the 4th quarter valued at $25,000. United Financial Planning Group LLC bought a new position in Lockheed Martin in the 3rd quarter worth about $25,000. Clarity Asset Management Inc. purchased a new position in Lockheed Martin during the 4th quarter valued at about $26,000. Triumph Capital Management grew its holdings in Lockheed Martin by 66.7% during the 4th quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock valued at $26,000 after buying an additional 22 shares in the last quarter. Finally, Bard Associates Inc. bought a new stake in shares of Lockheed Martin during the fourth quarter valued at about $27,000. 74.19% of the stock is owned by institutional investors.

Lockheed Martin Trading Down 0.3%

Shares of Lockheed Martin stock opened at $513.09 on Friday. 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 Corporation has a 1 year low of $410.11 and a 1 year high of $692.00. The firm has a market cap of $118.30 billion, a PE ratio of 24.85, a PEG ratio of 0.92 and a beta of 0.11. The company has a 50 day simple moving average of $521.91 and a two-hundred day simple moving average of $571.97.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings results on Thursday, April 23rd. The aerospace company reported $6.44 EPS for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $18.38 billion. During the same period in the previous year, the company earned $7.28 EPS. Lockheed Martin’s quarterly revenue was up .3% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Analysts expect that Lockheed Martin Corporation will post 29.94 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 1st were given a dividend of $3.45 per share. The ex-dividend date was Monday, June 1st. This represents a $13.80 dividend on an annualized basis and a yield of 2.7%. Lockheed Martin’s dividend payout ratio (DPR) is presently 66.83%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on LMT shares. Jefferies Financial Group set a $575.00 price target on shares of Lockheed Martin in a report on Thursday, June 25th. UBS Group decreased their target price on shares of Lockheed Martin from $683.00 to $538.00 in a report on Tuesday, June 30th. BNP Paribas Exane lowered their target price on shares of Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating on the stock in a research note on Friday, April 24th. JPMorgan Chase & Co. cut their price target on shares of Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating for the company in a report on Tuesday, May 5th. Finally, Royal Bank Of Canada reduced their price target on shares of 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. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $607.58.

Key Lockheed Martin News

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

• Positive Sentiment: Lockheed Martin won a $10.5 billion U.S. Special Operations Command contract to provide next-generation logistics and sustainment support, a meaningful backlogged revenue win that could bolster investor confidence. Article Title
• Positive Sentiment: The company said it will expand Lockheed Martin Ventures into the U.K. and Europe, committing at least $100 million to defense-tech startups, which may help strengthen its technology pipeline and international presence. Article Title
• Positive Sentiment: Lockheed Martin also continues to deepen its undersea and submarine market exposure, including a recent U.S. Navy contract and related technology work, which adds to its long-term defense growth story. Article Title
• Neutral Sentiment: With quarterly earnings due next week, analysts are watching whether Lockheed can meet expectations after recent commentary suggested the setup may not favor an easy beat. Article Title
• Neutral Sentiment: Lockheed Martin shares have also been under some pressure recently, reflecting broader investor caution ahead of earnings despite the new contract news. Article Title

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.