Marble Wealth LLC Invests $1.22 Million in Lockheed Martin Corporation $LMT

Marble Wealth LLC bought a new position in shares of Lockheed Martin Corporation (NYSE:LMT) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,527 shares of the aerospace company’s stock, valued at approximately $1,222,000.

Several other hedge funds have also recently bought and sold shares of LMT. Sanders Capital LLC purchased a new position in Lockheed Martin in the 3rd quarter valued at approximately $252,699,000. First Trust Advisors LP increased its stake in Lockheed Martin by 286.1% in the 3rd quarter. First Trust Advisors LP now owns 503,428 shares of the aerospace company’s stock valued at $251,316,000 after purchasing an additional 373,027 shares in the last quarter. Canoe Financial LP purchased a new position in Lockheed Martin in the 4th quarter valued at approximately $166,403,000. SG Americas Securities LLC increased its stake in Lockheed Martin by 7,309.8% in the 4th quarter. SG Americas Securities LLC now owns 262,233 shares of the aerospace company’s stock valued at $126,834,000 after purchasing an additional 258,694 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Lockheed Martin by 41.3% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 808,409 shares of the aerospace company’s stock valued at $403,534,000 after purchasing an additional 236,137 shares in the last quarter. 74.19% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed Martin opened a new 88,000-square-foot Alabama facility to produce the Next Generation Interceptor, signaling expanding manufacturing capacity and stronger positioning in missile defense programs. Lockheed Martin Opens Next Generation Interceptor Facility in Courtland, Alabama
• Positive Sentiment: The company’s Aegis Combat System is reportedly gaining traction as global naval defense spending rises, which supports the outlook for Lockheed Martin’s naval combat business. Is Aegis Driving Lockheed Martin’s Growth in the Naval Combat Market?
• Positive Sentiment: Lockheed also began production-related expansion for NGI and THAAD programs in Alabama, reinforcing long-term demand tied to homeland missile defense. Lockheed’s New NGI Digital Missile Factories Could Be A Game Changer For Lockheed Martin (LMT)
• Neutral Sentiment: Lockheed delivered the first Integrated Combat System-enabled baseline to the U.S. Navy, a steady execution update that supports the company’s backlog and modernization narrative. Lockheed Martin (LMT) Makes its First Delivery of ICS Baseline
• Negative Sentiment: Goldman Sachs reiterated a Sell rating and a $511 price target, citing higher contract risk and slower aeronautics growth, which may be pressuring the shares. Lockheed Martin Downgraded to Sell on Higher Contract Risk and Slower Aeronautics Growth Despite Strong Defense Demand

Lockheed Martin Trading Down 0.7%

NYSE:LMT opened at $513.03 on Wednesday. The business’s 50-day moving average is $564.23 and its two-hundred day moving average is $559.25. The company has a debt-to-equity ratio of 2.74, a current ratio of 1.14 and a quick ratio of 0.94. Lockheed Martin Corporation has a 12 month low of $410.11 and a 12 month high of $692.00. The firm has a market capitalization of $118.28 billion, a PE ratio of 24.84, a price-to-earnings-growth ratio of 0.94 and a beta of 0.10.

Lockheed Martin (NYSE:LMT) last released its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $18.38 billion. During the same period last year, the business earned $7.28 earnings per share. The company’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 predict that Lockheed Martin Corporation will post 29.88 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Monday, June 1st will be given a $3.45 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $13.80 annualized dividend and a yield of 2.7%. Lockheed Martin’s dividend payout ratio (DPR) is 66.83%.

Analysts Set New Price Targets

A number of brokerages have commented on LMT. JPMorgan Chase & Co. lowered their target price on Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating on the stock in a report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft decreased their price objective on Lockheed Martin from $615.00 to $575.00 and set a “hold” rating on the stock in a report on Friday, April 24th. Susquehanna reduced their target price on Lockheed Martin from $740.00 to $700.00 and set a “positive” rating on the stock in a report on Friday, April 24th. Morgan Stanley reduced their target price on Lockheed Martin from $675.00 to $653.00 and set an “equal weight” rating on the stock in a report on Friday, April 24th. Finally, Weiss Ratings upgraded shares of Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, May 14th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $620.68.

Lockheed Martin 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.