Decker Wealth Management LLC Acquires New Shares in Lockheed Martin Corporation $LMT

Decker Wealth Management LLC bought a new stake in Lockheed Martin Corporation (NYSE:LMT) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,779 shares of the aerospace company’s stock, valued at approximately $1,075,000.

Several other institutional investors have also recently bought and sold shares of the business. Welch Group LLC increased its holdings in shares of Lockheed Martin by 1.5% during the fourth quarter. Welch Group LLC now owns 132,684 shares of the aerospace company’s stock worth $64,175,000 after buying an additional 1,999 shares in the last quarter. World Investment Advisors boosted its holdings in shares of Lockheed Martin by 54.7% during the 4th quarter. World Investment Advisors now owns 14,739 shares of the aerospace company’s stock valued at $7,129,000 after acquiring an additional 5,214 shares in the last quarter. SG Americas Securities LLC boosted its holdings in shares of Lockheed Martin by 5.4% during the 1st quarter. SG Americas Securities LLC now owns 276,383 shares of the aerospace company’s stock valued at $167,043,000 after acquiring an additional 14,150 shares in the last quarter. Secured Retirement Advisors LLC grew its position in Lockheed Martin by 288.6% during the 4th quarter. Secured Retirement Advisors LLC now owns 3,128 shares of the aerospace company’s stock worth $1,513,000 after acquiring an additional 2,323 shares during the last quarter. Finally, Savvy Advisors Inc. grew its position in Lockheed Martin by 59.4% during the 4th quarter. Savvy Advisors Inc. now owns 7,637 shares of the aerospace company’s stock worth $3,694,000 after acquiring an additional 2,847 shares during the last quarter. Institutional investors and hedge funds own 74.19% of the company’s stock.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed Martin won a major U.S. Special Operations Command logistics and sustainment contract, adding to its defense backlog and improving revenue visibility. Lockheed Martin to Provide Next-Generation Logistics and Sustainment Support for U.S. Special Operations Command Under New Contract
• Positive Sentiment: The company is expanding missile production under new U.S. agreements, benefiting from rising demand for air and missile defense systems. Can Lockheed Martin’s Missile Defense Business Power Long-Term Growth?
• Positive Sentiment: Lockheed Martin Ventures is opening a London office and earmarking at least $100 million for investments in U.K. and European defense technologies, which could strengthen its long-term innovation pipeline. Lockheed Martin Earmarks $100 Million for Venture Capital Investments in U.K., Europe

Wall Street Analysts Forecast Growth

LMT has been the subject of several research reports. TD Cowen dropped their target price on Lockheed Martin from $600.00 to $560.00 and set a “hold” rating for the company in a research report on Monday, July 13th. Bank of America reduced their price target on Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating on the stock in a report on Friday, April 24th. Citigroup raised Lockheed Martin from a “neutral” rating to a “buy” rating and upped their price objective for the company from $571.00 to $582.00 in a research note on Wednesday, July 1st. DZ Bank upgraded shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 30th. Finally, Susquehanna dropped their price objective on shares of Lockheed Martin from $740.00 to $700.00 and set a “positive” rating for the company in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $607.58.

Lockheed Martin Stock Performance

NYSE LMT opened at $508.93 on Monday. The company has a market capitalization of $117.34 billion, a price-to-earnings ratio of 24.65, a PEG ratio of 0.91 and a beta of 0.11. Lockheed Martin Corporation has a twelve month low of $410.11 and a twelve month high of $692.00. The stock has a fifty day simple moving average of $521.95 and a 200 day simple moving average of $572.11. The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 2.74.

Lockheed Martin (NYSE:LMT) last announced its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 EPS for the quarter, missing the consensus estimate of $6.79 by ($0.35). The company had revenue of $18.02 billion for the quarter, compared to analyst estimates of $18.38 billion. Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The firm’s quarterly revenue was up .3% compared to the same quarter last year. During the same period in the previous year, the firm posted $7.28 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Sell-side analysts expect that Lockheed Martin Corporation will post 29.94 EPS for the current year.

Lockheed Martin Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 1st were given a dividend of $3.45 per share. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Monday, June 1st. Lockheed Martin’s dividend payout ratio (DPR) is 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.