10,300 Shares in Lockheed Martin Corporation $LMT Bought by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System purchased a new stake in Lockheed Martin Corporation (NYSE:LMTFree Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,300 shares of the aerospace company’s stock, valued at approximately $6,225,000.

Other large investors have also recently added to or reduced their stakes in the company. Welch Group LLC lifted its stake in Lockheed Martin by 1.5% during the fourth quarter. Welch Group LLC now owns 132,684 shares of the aerospace company’s stock worth $64,175,000 after purchasing an additional 1,999 shares during the last quarter. Jain Global LLC bought a new stake in Lockheed Martin during the third quarter valued at $38,064,000. World Investment Advisors raised its holdings in shares of Lockheed Martin by 54.7% during the fourth quarter. World Investment Advisors now owns 14,739 shares of the aerospace company’s stock worth $7,129,000 after purchasing an additional 5,214 shares during the period. Clough Capital Partners L P acquired a new stake in shares of Lockheed Martin during the third quarter worth $31,018,000. Finally, SG Americas Securities LLC lifted its position in shares of Lockheed Martin by 5.4% in the 1st quarter. SG Americas Securities LLC now owns 276,383 shares of the aerospace company’s stock worth $167,043,000 after buying an additional 14,150 shares during the last quarter. 74.19% of the stock is currently owned by institutional investors.

Lockheed Martin Price Performance

Shares of Lockheed Martin stock opened at $506.63 on Friday. The company has a current ratio of 1.14, a quick ratio of 0.94 and a debt-to-equity ratio of 2.74. The company’s 50-day moving average price is $526.18 and its two-hundred day moving average price is $566.75. Lockheed Martin Corporation has a 52 week low of $410.11 and a 52 week high of $692.00. The stock has a market cap of $116.81 billion, a PE ratio of 24.53, a price-to-earnings-growth ratio of 0.91 and a beta of 0.10.

Lockheed Martin (NYSE:LMTGet Free Report) last announced its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 EPS for the quarter, missing the consensus estimate of $6.79 by ($0.35). Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. The company had revenue of $18.02 billion for the quarter, compared to analysts’ expectations of $18.38 billion. During the same period in the prior year, the company earned $7.28 earnings per share. The company’s revenue for the quarter was up .3% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. As a group, sell-side analysts anticipate that Lockheed Martin Corporation will post 29.88 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 1st were paid a $3.45 dividend. 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 payout ratio is 66.83%.

Key Headlines Impacting Lockheed Martin

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

  • Positive Sentiment: Lockheed Martin won a seven-year U.S. government contract worth up to $35 billion to quadruple THAAD interceptor production, a major win that should boost backlog, sales visibility, and future earnings. THAAD procurement award article
  • Positive Sentiment: Analysts said the new missile contract, along with other recent Pentagon orders, strengthens the case for higher EPS as Lockheed ramps missile-defense production. Jefferies analyst note on missile contracts
  • Positive Sentiment: Lockheed Martin is also being viewed as a defensive, dividend-oriented name with durable government-backed revenue, which may help support the stock during broader market volatility. Dividend stock article
  • Neutral Sentiment: Investors are also watching a broader defense-contractor earnings comparison piece that could influence relative sentiment across the sector, including LMT. Defense contractors Q1 results article
  • Neutral Sentiment: Lockheed Martin was recently included in coverage about SpaceX’s military space-laser project and other defense-space partnerships, but the direct financial impact is still unclear. SpaceX military space-laser project article
  • Negative Sentiment: The stock also faced recent pressure, including a reported two-day decline and another session where it fell more than the broader market, suggesting some investors were taking profits before the THAAD news fully sank in. Stock down 6% in 2 days article

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on LMT shares. Morgan Stanley lowered their price objective on shares of Lockheed Martin from $675.00 to $653.00 and set an “equal weight” rating for the company in a research report on Friday, April 24th. Royal Bank Of Canada cut their target price on shares of Lockheed Martin from $650.00 to $575.00 and set a “sector perform” rating on the stock in a report on Friday, April 24th. Susquehanna lowered their target price on Lockheed Martin from $740.00 to $700.00 and set a “positive” rating for the company in a report on Friday, April 24th. Deutsche Bank Aktiengesellschaft dropped their price target on Lockheed Martin from $615.00 to $575.00 and set a “hold” rating on the stock in a research report on Friday, April 24th. Finally, TD Cowen cut their price target on Lockheed Martin from $670.00 to $600.00 and set a “hold” rating on the stock in a report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Lockheed Martin presently has an average rating of “Hold” and an average target price of $619.63.

View Our Latest Research Report on Lockheed Martin

About Lockheed Martin

(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.

See Also

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

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