Lockheed Martin Corporation $LMT Shares Sold by Aptus Capital Advisors LLC

Aptus Capital Advisors LLC trimmed its stake in Lockheed Martin Corporation (NYSE:LMT) by 14.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 9,010 shares of the aerospace company’s stock after selling 1,510 shares during the quarter. Aptus Capital Advisors LLC’s holdings in Lockheed Martin were worth $4,358,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of LMT. United Financial Planning Group LLC acquired a new position in shares of Lockheed Martin in the 3rd quarter worth $25,000. Triumph Capital Management grew its holdings in shares of Lockheed Martin by 66.7% in the 4th quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock worth $26,000 after acquiring an additional 22 shares during the last quarter. Tucker Asset Management LLC acquired a new position in shares of Lockheed Martin in the 4th quarter worth $32,000. Beacon Financial Strategies CORP acquired a new position in shares of Lockheed Martin in the 4th quarter worth $34,000. Finally, Wexford Capital LP acquired a new position in shares of Lockheed Martin in the 3rd quarter worth $36,000. 74.19% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on LMT shares. Morgan Stanley decreased 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. Susquehanna decreased their target price on Lockheed Martin from $740.00 to $700.00 and set a “positive” rating for the company in a research report on Friday, April 24th. Citigroup decreased their target price on Lockheed Martin from $675.00 to $571.00 and set a “neutral” rating for the company in a research report on Monday, May 18th. Deutsche Bank Aktiengesellschaft decreased their target price on Lockheed Martin from $615.00 to $575.00 and set a “hold” rating for the company in a research report on Friday, April 24th. Finally, Argus raised their target price on Lockheed Martin from $530.00 to $735.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Lockheed Martin currently has a consensus rating of “Hold” and an average price target of $620.68.

Lockheed Martin Trading Down 2.0%

NYSE LMT opened at $529.54 on Tuesday. The company has a market capitalization of $122.09 billion, a PE ratio of 25.64, a price-to-earnings-growth ratio of 0.98 and a beta of 0.10. Lockheed Martin Corporation has a 1-year low of $410.11 and a 1-year high of $692.00. 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’s fifty day simple moving average is $546.26 and its 200-day simple moving average is $563.73.

Lockheed Martin (NYSE:LMT) last released its quarterly earnings data on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $6.79 by ($0.35). The firm had revenue of $18.02 billion for the quarter, compared to analyst estimates of $18.38 billion. Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. Lockheed Martin’s revenue for the quarter was up .3% on a year-over-year basis. During the same period in the previous year, the business posted $7.28 EPS. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. As a group, sell-side analysts anticipate that Lockheed Martin Corporation will post 29.88 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Monday, June 1st will be given a dividend of $3.45 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $13.80 dividend on an annualized basis and a yield of 2.6%. Lockheed Martin’s dividend payout ratio (DPR) is presently 66.83%.

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.