R Squared Ltd Has $714,000 Position in Lockheed Martin Corporation $LMT

R Squared Ltd lessened its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 53.0% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,182 shares of the aerospace company’s stock after selling 1,332 shares during the quarter. R Squared Ltd’s holdings in Lockheed Martin were worth $714,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Cerro Pacific Wealth Advisors LLC grew its position in Lockheed Martin by 1.2% in the fourth quarter. Cerro Pacific Wealth Advisors LLC now owns 1,376 shares of the aerospace company’s stock worth $665,000 after acquiring an additional 16 shares in the last quarter. Garner Asset Management Corp raised its holdings in shares of Lockheed Martin by 0.9% during the 4th quarter. Garner Asset Management Corp now owns 1,735 shares of the aerospace company’s stock valued at $839,000 after purchasing an additional 16 shares in the last quarter. Davis R M Inc. lifted its stake in shares of Lockheed Martin by 1.3% in the 4th quarter. Davis R M Inc. now owns 1,264 shares of the aerospace company’s stock valued at $612,000 after purchasing an additional 16 shares during the last quarter. Broadway Wealth Solutions Inc. lifted its stake in shares of Lockheed Martin by 3.6% in the 4th quarter. Broadway Wealth Solutions Inc. now owns 484 shares of the aerospace company’s stock valued at $234,000 after purchasing an additional 17 shares during the last quarter. Finally, Aspire Growth Partners LLC boosted its holdings in Lockheed Martin by 0.7% in the fourth quarter. Aspire Growth Partners LLC now owns 2,515 shares of the aerospace company’s stock worth $1,217,000 after purchasing an additional 17 shares in the last quarter. 74.19% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on LMT shares. JPMorgan Chase & Co. lowered their target price 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. TD Cowen decreased their price target on Lockheed Martin from $670.00 to $600.00 and set a “hold” rating for the company in a research note on Friday, April 24th. Bank of America lowered their price objective on Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating on the stock in a report on Friday, April 24th. Morgan Stanley cut their price objective on Lockheed Martin from $675.00 to $653.00 and set an “equal weight” rating on the stock in a research note on Friday, April 24th. Finally, Jefferies Financial Group set a $575.00 target price on Lockheed Martin in a report on Thursday, June 25th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $613.63.

Key Lockheed Martin News

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

• Positive Sentiment: Lockheed Martin and Rheinmetall signed an MOU to jointly produce ATACMS missiles in Germany, marking the first planned manufacture of the short-range ballistic missile outside the U.S. and opening the door to more European defense revenue. Reuters article
• Positive Sentiment: Lockheed Martin also announced progress on PAC-3 sustainment across Europe, including discussions of a dedicated missile maintenance facility, which could support recurring service and sustainment income. Yahoo Finance article
• Positive Sentiment: NATO-related defense deals highlighted billions of dollars in new contracts and backlogs for major defense names, including Lockheed Martin, reinforcing demand visibility for the company’s weapons systems. Reuters article
• Positive Sentiment: Lockheed Martin agreed to acquire Ultra Maritime for $3.45 billion, strengthening its anti-submarine warfare and undersea defense capabilities and broadening its naval portfolio. Reuters article
• Neutral Sentiment: Reports that Trump wants Sikorsky to help fund a new White House helipad are more of a political headline than a clear earnings driver, so the stock impact is likely limited. Benzinga article

Lockheed Martin Stock Performance

Shares of NYSE:LMT traded down $0.45 on Tuesday, hitting $537.55. 260,391 shares of the company were exchanged, compared to its average volume of 1,611,176. The company’s 50 day moving average price is $520.46 and its two-hundred day moving average price is $569.22. The firm has a market capitalization of $123.94 billion, a price-to-earnings ratio of 26.03, a PEG ratio of 0.99 and a beta of 0.11. 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 Corporation has a one year low of $410.11 and a one year high of $692.00.

Lockheed Martin (NYSE:LMT) last released its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share for the quarter, missing analysts’ consensus estimates of $6.79 by ($0.35). Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The firm had revenue of $18.02 billion for the quarter, compared to analyst estimates of $18.38 billion. During the same period last year, the business earned $7.28 earnings per share. The firm’s quarterly revenue 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 expect that Lockheed Martin Corporation will post 29.88 earnings per share for the current year.

Lockheed Martin Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 1st were paid a $3.45 dividend. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Monday, June 1st. Lockheed Martin’s dividend payout ratio is presently 66.83%.

About Lockheed Martin

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.