Trivium Point Advisory LLC Invests $1.64 Million in Lockheed Martin Corporation $LMT

Trivium Point Advisory LLC purchased a new stake in shares of Lockheed Martin Corporation (NYSE:LMT) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 3,215 shares of the aerospace company’s stock, valued at approximately $1,638,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Basso Capital Management L.P. bought a new stake in shares of Lockheed Martin in the 4th quarter valued at about $25,000. United Financial Planning Group LLC bought a new position in Lockheed Martin in the third quarter worth approximately $25,000. Clarity Asset Management Inc. bought a new stake in Lockheed Martin during the 4th quarter valued at $26,000. Triumph Capital Management grew its stake in Lockheed Martin by 66.7% in the fourth quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock valued at $26,000 after purchasing an additional 22 shares during the last quarter. Finally, Bard Associates Inc. purchased a new position in shares of Lockheed Martin in the 4th quarter worth approximately $27,000. 74.19% of the stock is currently owned by institutional investors.

Lockheed Martin Stock Down 0.1%

LMT stock opened at $608.21 on Monday. Lockheed Martin Corporation has a one year low of $436.46 and a one year high of $692.00. The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.01 and a current ratio of 1.19. The firm’s fifty day moving average is $542.51 and its 200 day moving average is $576.42. The firm has a market cap of $140.37 billion, a PE ratio of 22.42, a P/E/G ratio of 1.04 and a beta of 0.10.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share for the quarter, beating the consensus estimate of $7.22 by $0.72. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.The firm had revenue of $20.06 billion during the quarter, compared to analyst estimates of $19.34 billion. During the same quarter in the previous year, the business earned $1.46 EPS. Lockheed Martin’s revenue for the quarter was up 10.5% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. On average, research analysts forecast that Lockheed Martin Corporation will post 30.39 EPS for the current year.

Lockheed Martin Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Tuesday, September 1st will be paid a $3.45 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $13.80 dividend on an annualized basis and a yield of 2.3%. Lockheed Martin’s dividend payout ratio (DPR) is currently 50.87%.

Analyst Ratings Changes

LMT has been the topic of several recent analyst reports. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Lockheed Martin in a research report on Friday, May 29th. Susquehanna cut their target price on Lockheed Martin from $740.00 to $700.00 and set a “positive” rating on the stock in a research report on Friday, April 24th. JPMorgan Chase & Co. dropped their price target on Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 5th. DZ Bank upgraded Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 30th. Finally, Citigroup lifted their price objective on shares of Lockheed Martin from $641.00 to $691.00 and gave the company a “buy” rating in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $632.39.

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.