R Squared Ltd Buys Shares of 2,514 Lockheed Martin Corporation $LMT

R Squared Ltd bought a new stake in Lockheed Martin Corporation (NYSE:LMT - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 2,514 shares of the aerospace company's stock, valued at approximately $1,216,000. Lockheed Martin comprises approximately 0.6% of R Squared Ltd's holdings, making the stock its 29th biggest holding.

A number of other large investors also recently bought and sold shares of the stock. United Financial Planning Group LLC acquired a new stake in shares of Lockheed Martin during the third quarter worth about $25,000. Barnes Dennig Private Wealth Management LLC lifted its position in shares of Lockheed Martin by 285.7% during the third quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the aerospace company's stock worth $27,000 after purchasing an additional 40 shares in the last quarter. Grey Fox Wealth Advisors LLC acquired a new stake in shares of Lockheed Martin during the third quarter worth about $27,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Lockheed Martin during the third quarter worth about $35,000. Finally, Beacon Financial Strategies CORP acquired a new stake in shares of Lockheed Martin during the fourth quarter worth about $34,000. Institutional investors and hedge funds own 74.19% of the company's stock.

Lockheed Martin Stock Performance

Shares of Lockheed Martin stock opened at $513.45 on Tuesday. The firm has a market capitalization of $118.38 billion, a P/E ratio of 24.86, a P/E/G ratio of 0.92 and a beta of 0.23. Lockheed Martin Corporation has a 52 week low of $410.11 and a 52 week high of $692.00. 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 firm's 50 day moving average is $625.56 and its two-hundred day moving average is $553.54.

Lockheed Martin (NYSE:LMT - Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The aerospace company reported $6.44 EPS for the quarter, missing the consensus estimate of $6.79 by ($0.35). The company had revenue of $18.02 billion during 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 for the quarter was up .3% on a year-over-year basis. During the same quarter in the prior year, the company earned $7.28 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Research analysts forecast that Lockheed Martin Corporation will post 29.97 EPS for the current fiscal 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 given a dividend of $3.45 per share. The ex-dividend date was Monday, March 2nd. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.7%. Lockheed Martin's dividend payout ratio (DPR) is 66.83%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on LMT shares. Deutsche Bank Aktiengesellschaft reduced their price target 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. DZ Bank cut shares of Lockheed Martin from a "buy" rating to a "hold" rating and set a $665.00 price target on the stock. in a research report on Tuesday, February 3rd. TD Cowen reduced their price target on shares of Lockheed Martin from $670.00 to $600.00 and set a "hold" rating on the stock in a research report on Friday. Argus increased their price target on shares of Lockheed Martin from $530.00 to $735.00 and gave the stock a "buy" rating in a research report on Friday, March 6th. Finally, UBS Group increased their price target on shares of Lockheed Martin from $580.00 to $663.00 and gave the stock a "neutral" rating in a research report on Monday, February 2nd. Seven analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Lockheed Martin presently has an average rating of "Hold" and an average target price of $632.58.

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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