Lockheed Martin Corporation $LMT Shares Acquired by Versor Investments LP

Versor Investments LP increased its position in shares of Lockheed Martin Corporation (NYSE:LMT) by 220.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,997 shares of the aerospace company’s stock after purchasing an additional 4,125 shares during the quarter. Versor Investments LP’s holdings in Lockheed Martin were worth $2,901,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in LMT. United Financial Planning Group LLC bought a new position in shares of Lockheed Martin in the 3rd quarter worth about $25,000. Grey Fox Wealth Advisors LLC acquired a new stake in Lockheed Martin during the third quarter worth about $27,000. Beacon Financial Strategies CORP bought a new position in Lockheed Martin in the fourth quarter worth about $34,000. Pilgrim Partners Asia Pte Ltd acquired a new position in Lockheed Martin in the third quarter valued at approximately $35,000. Finally, Wexford Capital LP bought a new position in shares of Lockheed Martin during the third quarter valued at approximately $36,000. Institutional investors own 74.19% of the company’s stock.

Wall Street Analysts Forecast Growth

LMT has been the topic of several recent research reports. Jefferies Financial Group reissued a “hold” rating and issued a $595.00 price target on shares of Lockheed Martin in a report on Sunday, April 26th. Morgan Stanley lowered their price target 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. JPMorgan Chase & Co. cut their price objective on shares of Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 5th. The Goldman Sachs Group raised their price target on shares of Lockheed Martin from $464.00 to $517.00 and gave the company a “sell” rating in a research note on Monday, February 2nd. Finally, Wall Street Zen cut Lockheed Martin from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $628.63.

Lockheed Martin Stock Performance

Shares of NYSE LMT opened at $512.18 on Tuesday. Lockheed Martin Corporation has a 1 year low of $410.11 and a 1 year high of $692.00. The firm has a market cap of $118.09 billion, a P/E ratio of 24.80, a PEG ratio of 0.92 and a beta of 0.10. The stock has a fifty day moving average price of $602.68 and a two-hundred day moving average price of $554.24. The company has a debt-to-equity ratio of 2.74, a quick ratio of 0.94 and a current ratio of 1.14.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share (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 firm had revenue of $18.02 billion for the quarter, compared to analyst estimates of $18.38 billion. During the same quarter last year, the business posted $7.28 earnings per share. The firm’s revenue for the quarter was up .3% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Research analysts forecast that Lockheed Martin Corporation will post 29.88 EPS for the current fiscal year.

Lockheed Martin Company Profile

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.