NBH Bank Takes Position in Lockheed Martin Corporation $LMT

Key Points

• NBH Bank acquired 1,959 Lockheed Martin shares during the second quarter, valued at approximately $998,000. Institutional investors collectively own 74.19% of the company.
• Analyst sentiment remains mixed, with an overall “Hold” consensus and an average price target of $632.39; individual targets range from $581 to $700.
• Lockheed Martin reported better-than-expected quarterly results, with $7.94 in EPS and $20.06 billion in revenue, while its shares recently traded at $524.58, down 1.6%. The company also declared a quarterly dividend of $3.45 per share, yielding about 2.6% annually.

NBH Bank acquired a new position in shares of Lockheed Martin Corporation (NYSE:LMT - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,959 shares of the aerospace company's stock, valued at approximately $998,000.

Several other large investors also recently made changes to their positions in LMT. AlphaGrep UK Ltd bought a new position in Lockheed Martin in the 2nd quarter valued at $908,000. William John Sempolinski bought a new position in Lockheed Martin in the second quarter valued at about $307,000. Markowski Investments acquired a new stake in Lockheed Martin in the second quarter worth about $1,364,000. Highland Investment Advisors LLC bought a new stake in Lockheed Martin during the 2nd quarter worth about $29,000. Finally, Outlook Capital Management LLC acquired a new position in Lockheed Martin during the 2nd quarter valued at about $6,002,000. Institutional investors own 74.19% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on LMT shares. Citigroup boosted their price target on shares of Lockheed Martin from $641.00 to $691.00 and gave the stock a "buy" rating in a research note on Thursday, August 13th. UBS Group reaffirmed a "neutral" rating and issued a $581.00 price objective on shares of Lockheed Martin in a research note on Friday, July 24th. Jefferies Financial Group reaffirmed a "hold" rating on shares of Lockheed Martin in a report on Wednesday. Sanford C. Bernstein reissued a "market perform" rating on shares of Lockheed Martin in a research note on Friday, May 29th. Finally, Robert W. Baird set a $700.00 price target on Lockheed Martin in a research report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $632.39.

Lockheed Martin Trading Down 1.6%

NYSE LMT opened at $524.58 on Friday. Lockheed Martin Corporation has a one year low of $437.25 and a one year high of $692.00. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.19 and a quick ratio of 1.01. The firm has a market cap of $121.07 billion, a P/E ratio of 19.34, a P/E/G ratio of 1.16 and a beta of 0.10. The stock's 50-day moving average is $555.58 and its 200-day moving average is $570.30.

Lockheed Martin (NYSE:LMT - Get Free Report) last announced its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share for the quarter, topping analysts' consensus estimates of $7.22 by $0.72. The firm had revenue of $20.06 billion during the quarter, compared to analyst estimates of $19.34 billion. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The company's revenue for the quarter was up 10.5% compared to the same quarter last year. During the same period in the prior year, the business earned $1.46 EPS. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Sell-side analysts anticipate that Lockheed Martin Corporation will post 30.39 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $3.45 per share. The ex-dividend date is Tuesday, September 1st. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.6%. Lockheed Martin's dividend payout ratio is currently 50.87%.

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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