Public Employees Retirement System of Ohio Acquires 922 Shares of Lockheed Martin Corporation $LMT

Public Employees Retirement System of Ohio grew its holdings in shares of Lockheed Martin Corporation (NYSE:LMTFree Report) by 1.1% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 83,260 shares of the aerospace company’s stock after acquiring an additional 922 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Lockheed Martin were worth $50,322,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in LMT. IAG Wealth Partners LLC grew its holdings in shares of Lockheed Martin by 4,800.0% during the 1st quarter. IAG Wealth Partners LLC now owns 49 shares of the aerospace company’s stock valued at $30,000 after purchasing an additional 48 shares during the last quarter. United Financial Planning Group LLC bought a new stake in Lockheed Martin in the third quarter worth $25,000. Basso Capital Management L.P. purchased a new stake in Lockheed Martin during the fourth quarter valued at about $25,000. Clarity Asset Management Inc. purchased a new stake in Lockheed Martin during the fourth quarter valued at about $26,000. Finally, TD Capital Management LLC grew its stake in shares of Lockheed Martin by 450.0% during the fourth quarter. TD Capital Management LLC now owns 55 shares of the aerospace company’s stock valued at $27,000 after buying an additional 45 shares during the last quarter. 74.19% of the stock is currently owned by institutional investors.

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Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on LMT shares. Susquehanna lowered their target price on Lockheed Martin from $740.00 to $700.00 and set a “positive” rating for the company in a research note on Friday, April 24th. TD Cowen reduced their price target on Lockheed Martin from $600.00 to $560.00 and set a “hold” rating on the stock in a research report on Monday, July 13th. DZ Bank raised Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 30th. Royal Bank Of Canada lowered their price objective on 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. Finally, Jefferies Financial Group set a $575.00 target price on shares of Lockheed Martin in a report on Thursday, June 25th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Lockheed Martin presently has an average rating of “Hold” and an average price target of $615.78.

Read Our Latest Stock Report on LMT

Lockheed Martin Stock Performance

Lockheed Martin stock opened at $568.62 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 firm has a 50-day moving average of $522.45 and a 200-day moving average of $573.14. The firm has a market cap of $131.10 billion, a P/E ratio of 27.54, a P/E/G ratio of 0.92 and a beta of 0.11. Lockheed Martin Corporation has a 1-year low of $412.55 and a 1-year high of $692.00.

Lockheed Martin (NYSE:LMTGet Free Report) last posted its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.22 by $0.72. The company had revenue of $20.06 billion for the quarter, compared to analysts’ expectations of $19.34 billion. Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.Lockheed Martin’s quarterly revenue was up 10.5% on a year-over-year basis. During the same period last year, the firm earned $1.46 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Sell-side analysts expect that Lockheed Martin Corporation will post 29.92 EPS for the current year.

Lockheed Martin Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Tuesday, September 1st will be given a $3.45 dividend. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Tuesday, September 1st. Lockheed Martin’s dividend payout ratio (DPR) is currently 66.83%.

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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