8,067 Shares in Lockheed Martin Corporation $LMT Purchased by CenterBook Partners LP

CenterBook Partners LP acquired a new stake in shares of Lockheed Martin Corporation (NYSE:LMT) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 8,067 shares of the aerospace company’s stock, valued at approximately $3,902,000.

Several other institutional investors also recently bought and sold shares of LMT. Sanders Capital LLC purchased a new stake in Lockheed Martin during the 3rd quarter valued at about $252,699,000. First Trust Advisors LP grew its position in Lockheed Martin by 286.1% during 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 during the last quarter. Canoe Financial LP purchased a new stake in Lockheed Martin during the 4th quarter valued at about $166,403,000. SG Americas Securities LLC grew its position in Lockheed Martin by 7,309.8% during 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 during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Lockheed Martin by 41.3% during 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 during the last quarter. 74.19% of the stock is owned by hedge funds and other institutional investors.

Lockheed Martin Stock Performance

Shares of NYSE LMT opened at $519.92 on Tuesday. The firm’s 50-day moving average price is $553.96 and its 200-day moving average price is $561.12. The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 2.74. The company has a market cap of $119.87 billion, a PE ratio of 25.18, a PEG ratio of 0.95 and a beta of 0.10. Lockheed Martin Corporation has a 52-week low of $410.11 and a 52-week high of $692.00.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings results 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 company had revenue of $18.02 billion for the quarter, compared to analysts’ expectations of $18.38 billion. Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. The business’s revenue was up .3% compared to the same quarter last year. During the same period in the previous year, the business earned $7.28 EPS. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. As a group, analysts anticipate that Lockheed Martin Corporation will post 29.88 EPS for the current year.

Lockheed Martin Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 1st will be issued 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 of this dividend is Monday, June 1st. Lockheed Martin’s dividend payout ratio (DPR) is presently 66.83%.

Wall Street Analyst Weigh In

Several analysts recently commented on LMT shares. Royal Bank Of Canada cut their price objective on shares of Lockheed Martin from $650.00 to $575.00 and set a “sector perform” rating on the stock in a research report on Friday, April 24th. Jefferies Financial Group reissued a “hold” rating and set a $595.00 price objective on shares of Lockheed Martin in a research report on Sunday, April 26th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Lockheed Martin from $615.00 to $575.00 and set a “hold” rating on the stock in a research report on Friday, April 24th. Wall Street Zen downgraded shares of Lockheed Martin from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. Finally, Susquehanna dropped their price target on shares of Lockheed Martin from $740.00 to $700.00 and set a “positive” rating on the stock in a report on Friday, April 24th. One 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 given a Sell rating to the stock. Based on data from MarketBeat.com, Lockheed Martin presently has a consensus rating of “Hold” and a consensus price target of $620.68.

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.