Dynamic Advisor Solutions LLC Raises Stock Position in Lockheed Martin Corporation $LMT

Dynamic Advisor Solutions LLC lifted its stake in Lockheed Martin Corporation (NYSE:LMTFree Report) by 17.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,713 shares of the aerospace company’s stock after buying an additional 1,593 shares during the period. Dynamic Advisor Solutions LLC’s holdings in Lockheed Martin were worth $5,458,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. IAG Wealth Partners LLC boosted its stake in Lockheed Martin by 4,800.0% in the first quarter. IAG Wealth Partners LLC now owns 49 shares of the aerospace company’s stock valued at $30,000 after acquiring an additional 48 shares in the last quarter. United Financial Planning Group LLC acquired a new stake in shares of Lockheed Martin during the third quarter worth about $25,000. Basso Capital Management L.P. purchased a new stake in shares of Lockheed Martin in the 4th quarter valued at about $25,000. Clarity Asset Management Inc. purchased a new stake in shares of Lockheed Martin in the 4th quarter valued at about $26,000. Finally, TD Capital Management LLC boosted its position in shares of Lockheed Martin by 450.0% in the 4th quarter. TD Capital Management LLC now owns 55 shares of the aerospace company’s stock valued at $27,000 after purchasing an additional 45 shares during the period. 74.19% of the stock is owned by hedge funds and other institutional investors.

Lockheed Martin Stock Up 0.7%

Shares of NYSE:LMT opened at $581.90 on Friday. The company has a market cap of $134.30 billion, a price-to-earnings ratio of 21.45, a PEG ratio of 0.99 and a beta of 0.10. The firm’s 50-day simple moving average is $532.87 and its 200-day simple moving average is $575.78. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 2.34. Lockheed Martin Corporation has a fifty-two week low of $423.91 and a fifty-two week high of $692.00.

Lockheed Martin (NYSE:LMTGet Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.22 by $0.72. The business had revenue of $20.06 billion for the quarter, compared to analyst estimates of $19.34 billion. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The business’s revenue was up 10.5% compared to the same quarter last year. During the same period in the previous year, the business posted $1.46 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. As a group, equities research analysts predict that Lockheed Martin Corporation will post 30.36 earnings per share for the current year.

Lockheed Martin Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Tuesday, September 1st will be given a dividend of $3.45 per share. The ex-dividend date is Tuesday, September 1st. This represents a $13.80 annualized dividend and a yield of 2.4%. Lockheed Martin’s payout ratio is presently 50.87%.

Wall Street Analysts Forecast Growth

LMT has been the topic of a number of research reports. JPMorgan Chase & Co. dropped their price target on Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 5th. Wells Fargo & Company set a $600.00 price objective on Lockheed Martin in a research note on Monday, July 27th. Weiss Ratings upgraded shares of Lockheed Martin from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Lockheed Martin in a report on Friday, May 29th. Finally, DZ Bank upgraded shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $626.33.

Read Our Latest Research Report on LMT

Lockheed Martin News Roundup

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Lockheed Martin Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Lockheed Martin (NYSE:LMT)

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