Osmosis Investment Management UK Ltd Purchases Shares of 18,472 Lockheed Martin Corporation $LMT

Key Points

• Osmosis Investment Management acquired 18,472 Lockheed Martin shares in the second quarter, worth approximately $9.4 million. Institutional investors and hedge funds collectively own 74.19% of the company.
• Analyst sentiment remains mixed, with Lockheed Martin holding a consensus “Hold” rating and an average price target of $632.39, despite several analysts recently raising their targets.
• Lockheed Martin exceeded quarterly earnings and revenue expectations, reporting $7.94 in adjusted EPS and $20.06 billion in revenue. The company also declared a quarterly dividend of $3.45 per share, implying a 2.4% annualized yield.

Osmosis Investment Management UK Ltd acquired a new stake in shares of Lockheed Martin Corporation (NYSE:LMT - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 18,472 shares of the aerospace company's stock, valued at approximately $9,411,000.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC increased its position in shares of Lockheed Martin by 5.0% in the fourth quarter. Brighton Jones LLC now owns 3,995 shares of the aerospace company's stock worth $1,941,000 after acquiring an additional 191 shares in the last quarter. Sivia Capital Partners LLC increased its position in Lockheed Martin by 5.4% in the 2nd quarter. Sivia Capital Partners LLC now owns 973 shares of the aerospace company's stock worth $451,000 after purchasing an additional 50 shares during the last quarter. Schnieders Capital Management LLC. increased its holdings in Lockheed Martin by 17.3% in the second quarter. Schnieders Capital Management LLC. now owns 1,460 shares of the aerospace company's stock worth $676,000 after buying an additional 215 shares during the last quarter. Gamco Investors INC. ET AL increased its stake in shares of Lockheed Martin by 36.0% during the 2nd quarter. Gamco Investors INC. ET AL now owns 2,250 shares of the aerospace company's stock worth $1,042,000 after purchasing an additional 595 shares during the last quarter. Finally, Sei Investments Co. increased its position in Lockheed Martin by 18.2% during the second quarter. Sei Investments Co. now owns 86,569 shares of the aerospace company's stock worth $40,092,000 after buying an additional 13,300 shares during the last quarter. 74.19% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

LMT has been the topic of a number of recent analyst reports. Weiss Ratings raised shares of Lockheed Martin from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Thursday, August 13th. TD Cowen decreased their price target on shares of Lockheed Martin from $600.00 to $560.00 and set a "hold" rating for the company in a report on Monday, July 13th. Citigroup raised their price target on Lockheed Martin from $641.00 to $691.00 and gave the company a "buy" rating in a research report on Thursday, August 13th. Jefferies Financial Group reiterated a "hold" rating on shares of Lockheed Martin in a research note on Sunday, July 26th. Finally, Morgan Stanley boosted their price objective on Lockheed Martin from $653.00 to $690.00 and gave the stock an "equal weight" rating in a research report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Lockheed Martin presently has a consensus rating of "Hold" and an average price target of $632.39.

Lockheed Martin Stock Performance

NYSE LMT opened at $564.61 on Monday. The company's fifty day moving average is $547.80 and its two-hundred day moving average is $575.31. Lockheed Martin Corporation has a 52-week low of $437.25 and a 52-week 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 capitalization of $130.31 billion, a price-to-earnings ratio of 20.81, a P/E/G ratio of 0.97 and a beta of 0.10.

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

Lockheed Martin Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Tuesday, September 1st will be given a $3.45 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.4%. Lockheed Martin's dividend payout ratio (DPR) is currently 50.87%.

About Lockheed Martin

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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