Christine Messmer PC Purchases Shares of 2,714 Lockheed Martin Corporation $LMT

Key Points

• Christine Messmer PC purchased 2,714 shares of Lockheed Martin (NYSE:LMT) in Q4, valued at about $1.313 million, representing ~0.9% of its portfolio and the fund's 24th largest holding.
• Lockheed Martin recently missed quarterly estimates with EPS $6.44 vs. $6.79 expected and revenue of $18.02B vs. $18.38B, and set FY2026 guidance of 29.350–30.250 EPS (consensus ~29.91).
• The Wall Street consensus is a "Hold" with an average price target of $632.58, while institutional investors own about 74.19% of the company.

Christine Messmer PC purchased a new stake in shares of Lockheed Martin Corporation (NYSE:LMT - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 2,714 shares of the aerospace company's stock, valued at approximately $1,313,000. Lockheed Martin accounts for approximately 0.9% of Christine Messmer PC's investment portfolio, making the stock its 24th largest position.

Other hedge funds have also bought and sold shares of the company. Oppenheimer & Co. Inc. raised its holdings in Lockheed Martin by 9.3% in the third quarter. Oppenheimer & Co. Inc. now owns 39,410 shares of the aerospace company's stock valued at $19,674,000 after acquiring an additional 3,352 shares in the last quarter. Welch Group LLC raised its holdings in 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 purchasing an additional 1,999 shares in the last quarter. Jain Global LLC acquired a new stake in Lockheed Martin during the third quarter worth approximately $38,064,000. Clough Capital Partners L P acquired a new stake in Lockheed Martin during the third quarter worth approximately $31,018,000. Finally, Pacific Heights Asset Management LLC raised its holdings in Lockheed Martin by 33.9% during the third quarter. Pacific Heights Asset Management LLC now owns 75,000 shares of the aerospace company's stock worth $37,441,000 after purchasing an additional 19,000 shares in the last quarter. Institutional investors own 74.19% of the company's stock.

Wall Street Analyst Weigh In

LMT has been the topic of a number of research analyst reports. Wells Fargo & Company initiated coverage on shares of Lockheed Martin in a report on Wednesday, April 1st. They set an "equal weight" rating and a $650.00 price objective on the stock. Susquehanna cut their price objective 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. 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 report on Friday, April 24th. JPMorgan Chase & Co. raised their price objective on shares of Lockheed Martin from $515.00 to $680.00 and gave the stock a "neutral" rating in a report on Friday, January 30th. Finally, Weiss Ratings cut shares of Lockheed Martin from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, Lockheed Martin currently has an average rating of "Hold" and a consensus price target of $632.58.

Lockheed Martin Stock Performance

Shares of Lockheed Martin stock opened at $518.21 on Tuesday. The firm's fifty day simple moving average is $617.05 and its 200-day simple moving average is $553.72. The stock has a market capitalization of $119.48 billion, a price-to-earnings ratio of 25.09, a PEG ratio of 0.93 and a beta of 0.10. Lockheed Martin Corporation has a 12 month low of $410.11 and a 12 month high of $692.00. The company has a debt-to-equity ratio of 2.74, a current ratio of 1.14 and a quick ratio of 0.94.

Lockheed Martin (NYSE:LMT - Get Free Report) last announced its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 EPS for the quarter, missing analysts' consensus estimates of $6.79 by ($0.35). The business had revenue of $18.02 billion during 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%. The business's revenue was up .3% compared to the same quarter last year. During the same period in the previous year, the firm earned $7.28 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. As a group, equities analysts forecast that Lockheed Martin Corporation will post 29.91 earnings per share for the current year.

Lockheed Martin Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 2nd were issued a $3.45 dividend. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend was Monday, March 2nd. Lockheed Martin's payout ratio 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.

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