Clarius Group LLC Has $846,000 Position in Lockheed Martin Corporation $LMT

Clarius Group LLC lessened its position in Lockheed Martin Corporation (NYSE:LMT) by 3.7% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,826 shares of the aerospace company’s stock after selling 70 shares during the period. Clarius Group LLC’s holdings in Lockheed Martin were worth $846,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of LMT. 49 Wealth Management LLC increased its stake in shares of Lockheed Martin by 3.4% in the first quarter. 49 Wealth Management LLC now owns 661 shares of the aerospace company’s stock valued at $295,000 after buying an additional 22 shares during the period. OMNI 360 Wealth Inc. increased its stake in shares of Lockheed Martin by 2.5% in the first quarter. OMNI 360 Wealth Inc. now owns 913 shares of the aerospace company’s stock valued at $408,000 after buying an additional 22 shares during the period. Tyler Stone Wealth Management increased its stake in shares of Lockheed Martin by 3.3% in the first quarter. Tyler Stone Wealth Management now owns 684 shares of the aerospace company’s stock valued at $306,000 after buying an additional 22 shares during the period. Investment Advisory Services Inc. TX ADV increased its stake in shares of Lockheed Martin by 4.7% in the second quarter. Investment Advisory Services Inc. TX ADV now owns 486 shares of the aerospace company’s stock valued at $225,000 after buying an additional 22 shares during the period. Finally, Broadway Wealth Solutions Inc. increased its stake in shares of Lockheed Martin by 4.5% in the second quarter. Broadway Wealth Solutions Inc. now owns 511 shares of the aerospace company’s stock valued at $237,000 after buying an additional 22 shares during the period. Institutional investors and hedge funds own 74.19% of the company’s stock.

Lockheed Martin Trading Up 1.1%

Shares of Lockheed Martin stock opened at $504.69 on Monday. The company has a debt-to-equity ratio of 3.47, a quick ratio of 0.83 and a current ratio of 0.98. Lockheed Martin Corporation has a 52 week low of $410.11 and a 52 week high of $618.95. The stock has a 50 day moving average price of $455.88 and a two-hundred day moving average price of $460.66. The stock has a market capitalization of $117.82 billion, a PE ratio of 28.42, a price-to-earnings-growth ratio of 1.77 and a beta of 0.28.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings data on Tuesday, July 22nd. The aerospace company reported $7.29 EPS for the quarter, beating analysts’ consensus estimates of $6.57 by $0.72. Lockheed Martin had a return on equity of 107.60% and a net margin of 5.85%.The firm had revenue of $18.16 billion during the quarter, compared to analysts’ expectations of $18.59 billion. During the same quarter last year, the firm posted $7.11 earnings per share. The company’s revenue for the quarter was up .2% compared to the same quarter last year. Lockheed Martin has set its FY 2025 guidance at 21.700-22.000 EPS. As a group, equities analysts anticipate that Lockheed Martin Corporation will post 27.15 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

LMT has been the subject of several recent research reports. UBS Group decreased their price target on Lockheed Martin from $498.00 to $453.00 and set a “neutral” rating for the company in a research note on Wednesday, July 23rd. Robert W. Baird decreased their price target on Lockheed Martin from $540.00 to $500.00 and set an “outperform” rating for the company in a research note on Wednesday, July 23rd. Royal Bank Of Canada decreased their target price on Lockheed Martin from $480.00 to $440.00 and set a “sector perform” rating for the company in a research note on Wednesday, July 23rd. Wall Street Zen cut Lockheed Martin from a “buy” rating to a “hold” rating in a research note on Saturday, July 26th. Finally, JPMorgan Chase & Co. decreased their target price on Lockheed Martin from $520.00 to $465.00 and set an “overweight” rating for the company in a research note on Wednesday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and fifteen have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $494.00.

Lockheed Martin Profile

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. The company operates through Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space segments.