Capital Advisors Inc. OK Boosts Stock Holdings in Lockheed Martin Corporation $LMT

Key Points

• Capital Advisors Inc. OK increased its stake in Lockheed Martin Corporation by 1.0%, owning a total of 59,237 shares valued at approximately $27.4 million as of the last reporting period.
• Lockheed Martin's most recent earnings report showed an EPS of $7.29, exceeding analysts' expectations, although revenue was slightly below estimates at $18.16 billion.
• Analysts have mixed ratings on Lockheed Martin stock; with one Strong Buy, six Buy, and fifteen Hold ratings, the consensus target price stands at $494.

Capital Advisors Inc. OK raised its holdings in Lockheed Martin Corporation (NYSE:LMT - Free Report) by 1.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 59,237 shares of the aerospace company's stock after purchasing an additional 572 shares during the period. Capital Advisors Inc. OK's holdings in Lockheed Martin were worth $27,435,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. 49 Wealth Management LLC grew its stake in Lockheed Martin by 3.4% during the first quarter. 49 Wealth Management LLC now owns 661 shares of the aerospace company's stock valued at $295,000 after acquiring an additional 22 shares in the last quarter. OMNI 360 Wealth Inc. grew its stake in Lockheed Martin by 2.5% during the first quarter. OMNI 360 Wealth Inc. now owns 913 shares of the aerospace company's stock valued at $408,000 after acquiring an additional 22 shares in the last quarter. Tyler Stone Wealth Management grew its stake in Lockheed Martin by 3.3% during the first quarter. Tyler Stone Wealth Management now owns 684 shares of the aerospace company's stock valued at $306,000 after acquiring an additional 22 shares in the last quarter. Investment Advisory Services Inc. TX ADV grew its stake in Lockheed Martin by 4.7% during the second quarter. Investment Advisory Services Inc. TX ADV now owns 486 shares of the aerospace company's stock valued at $225,000 after acquiring an additional 22 shares in the last quarter. Finally, Broadway Wealth Solutions Inc. grew its stake in Lockheed Martin by 4.5% during the second quarter. Broadway Wealth Solutions Inc. now owns 511 shares of the aerospace company's stock valued at $237,000 after acquiring an additional 22 shares in the last quarter. Hedge funds and other institutional investors own 74.19% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on LMT shares. Alembic Global Advisors raised shares of Lockheed Martin from a "neutral" rating to an "overweight" rating in a research note on Thursday, August 28th. Robert W. Baird reduced their price objective on shares of Lockheed Martin from $540.00 to $500.00 and set an "outperform" rating for the company in a research note on Wednesday, July 23rd. UBS Group reduced their price objective on shares of Lockheed Martin from $498.00 to $453.00 and set a "neutral" rating for the company in a research note on Wednesday, July 23rd. Truist Financial cut shares of Lockheed Martin from a "buy" rating to a "hold" rating and reduced their price objective for the company from $554.00 to $440.00 in a research note on Wednesday, July 23rd. Finally, Cowen cut shares of Lockheed Martin from a "buy" rating to a "hold" rating in a research note on Thursday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and fifteen have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $494.00.

Lockheed Martin Price Performance

LMT stock opened at $504.69 on Monday. The company has a debt-to-equity ratio of 3.47, a current ratio of 0.98 and a quick ratio of 0.83. Lockheed Martin Corporation has a one year low of $410.11 and a one year high of $618.95. The stock has a market cap of $117.82 billion, a PE ratio of 28.42, a P/E/G ratio of 1.77 and a beta of 0.28. The firm has a 50 day simple moving average of $455.88 and a two-hundred day simple moving average of $460.66.

Lockheed Martin (NYSE:LMT - Get Free Report) last released its quarterly earnings results on Tuesday, July 22nd. The aerospace company reported $7.29 EPS for the quarter, topping analysts' consensus estimates of $6.57 by $0.72. The business had revenue of $18.16 billion during the quarter, compared to analysts' expectations of $18.59 billion. Lockheed Martin had a net margin of 5.85% and a return on equity of 107.60%. The business's quarterly revenue was up .2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $7.11 EPS. Lockheed Martin has set its FY 2025 guidance at 21.700-22.000 EPS. On average, analysts predict that Lockheed Martin Corporation will post 27.15 EPS for the current fiscal year.

Lockheed Martin Profile

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. The company operates through Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space segments.

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