5,863 Shares in Lockheed Martin Corporation $LMT Bought by Flavin Financial Services Inc.

Flavin Financial Services Inc. acquired a new stake in Lockheed Martin Corporation (NYSE:LMT) during the second quarter, according to its most recent filing with the SEC. The firm acquired 5,863 shares of the aerospace company’s stock, valued at approximately $2,987,000. Lockheed Martin comprises about 1.7% of Flavin Financial Services Inc.’s holdings, making the stock its 22nd largest position.

A number of other large investors also recently bought and sold shares of the company. Brighton Jones LLC raised its holdings in Lockheed Martin by 5.0% during the fourth quarter. Brighton Jones LLC now owns 3,995 shares of the aerospace company’s stock worth $1,941,000 after purchasing an additional 191 shares in the last quarter. Sivia Capital Partners LLC boosted its holdings in Lockheed Martin by 5.4% in the 2nd quarter. Sivia Capital Partners LLC now owns 973 shares of the aerospace company’s stock valued at $451,000 after purchasing an additional 50 shares in the last quarter. Schnieders Capital Management LLC. increased its position in Lockheed Martin by 17.3% during the 2nd quarter. Schnieders Capital Management LLC. now owns 1,460 shares of the aerospace company’s stock worth $676,000 after purchasing an additional 215 shares during the period. Gamco Investors INC. ET AL raised its stake in shares of Lockheed Martin by 36.0% during the 2nd quarter. Gamco Investors INC. ET AL now owns 2,250 shares of the aerospace company’s stock worth $1,042,000 after buying an additional 595 shares in the last quarter. Finally, Sei Investments Co. lifted its holdings in shares of Lockheed Martin by 18.2% in the 2nd quarter. Sei Investments Co. now owns 86,569 shares of the aerospace company’s stock valued at $40,092,000 after buying an additional 13,300 shares during the period. Hedge funds and other institutional investors own 74.19% of the company’s stock.

Lockheed Martin Stock Up 0.2%

Shares of NYSE:LMT opened at $564.61 on Monday. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 2.34. The company has a market capitalization of $130.31 billion, a P/E ratio of 20.81, a P/E/G ratio of 0.97 and a beta of 0.10. Lockheed Martin Corporation has a 52-week low of $437.25 and a 52-week high of $692.00. The stock’s fifty day simple moving average is $547.80 and its 200-day simple moving average is $575.31.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, topping analysts’ consensus estimates of $7.22 by $0.72. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.The firm had revenue of $20.06 billion during the quarter, compared to analysts’ expectations of $19.34 billion. During the same quarter last year, the business posted $1.46 EPS. The firm’s quarterly revenue was up 10.5% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. As a group, equities research analysts forecast that Lockheed Martin Corporation will post 30.39 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

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

Analyst Ratings Changes

A number of research analysts recently weighed in on LMT shares. Weiss Ratings raised Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 13th. TD Cowen decreased their target price on shares of Lockheed Martin from $600.00 to $560.00 and set a “hold” rating on the stock in a research report on Monday, July 13th. Sanford C. Bernstein reiterated a “market perform” rating on shares of Lockheed Martin in a research note on Friday, May 29th. Citigroup boosted their price objective on shares of Lockheed Martin from $641.00 to $691.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. Finally, Morgan Stanley increased their target price on shares of Lockheed Martin from $653.00 to $690.00 and gave the company an “equal weight” rating in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Lockheed Martin presently has an average rating of “Hold” and an average target price of $632.39.

About Lockheed Martin

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.