RMR Wealth Builders Sells 4,101 Shares of Lockheed Martin Corporation $LMT

RMR Wealth Builders decreased its holdings in shares of Lockheed Martin Corporation (NYSE:LMT - Free Report) by 88.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 541 shares of the aerospace company's stock after selling 4,101 shares during the period. RMR Wealth Builders' holdings in Lockheed Martin were worth $262,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in LMT. United Financial Planning Group LLC bought a new position in shares of Lockheed Martin in the third quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC raised its stake in shares of Lockheed Martin by 285.7% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the aerospace company's stock valued at $27,000 after acquiring an additional 40 shares during the last quarter. Grey Fox Wealth Advisors LLC bought a new position in shares of Lockheed Martin in the third quarter valued at approximately $27,000. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Lockheed Martin in the third quarter valued at approximately $35,000. Finally, Beacon Financial Strategies CORP bought a new position in shares of Lockheed Martin in the fourth quarter valued at approximately $34,000. Institutional investors own 74.19% of the company's stock.

Lockheed Martin Stock Performance

LMT stock opened at $513.45 on Tuesday. The company has a debt-to-equity ratio of 2.74, a current ratio of 1.14 and a quick ratio of 0.94. The company has a 50 day moving average price of $625.56 and a 200 day moving average price of $553.54. Lockheed Martin Corporation has a fifty-two week low of $410.11 and a fifty-two week high of $692.00. The stock has a market capitalization of $118.38 billion, a PE ratio of 24.86, a price-to-earnings-growth ratio of 0.92 and a beta of 0.23.

Lockheed Martin (NYSE:LMT - Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share for the quarter, missing the consensus estimate of $6.79 by ($0.35). Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The company had revenue of $18.02 billion during the quarter, compared to the consensus estimate of $18.38 billion. During the same quarter last year, the firm earned $7.28 EPS. The business's revenue for the quarter was up .3% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Analysts forecast that Lockheed Martin Corporation will post 29.97 EPS for the current year.

Lockheed Martin Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 2nd were given a $3.45 dividend. This represents a $13.80 annualized dividend and a yield of 2.7%. The ex-dividend date was Monday, March 2nd. Lockheed Martin's payout ratio is 66.83%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on LMT shares. Robert W. Baird lifted their target price on shares of Lockheed Martin from $550.00 to $640.00 and gave the company an "outperform" rating in a research note on Friday, January 16th. Argus lifted their target price on shares of Lockheed Martin from $530.00 to $735.00 and gave the company a "buy" rating in a research note on Friday, March 6th. Bank of America cut their target price on shares of Lockheed Martin from $660.00 to $600.00 and set a "neutral" rating for the company in a research note on Friday. Citigroup lifted their target price on shares of Lockheed Martin from $673.00 to $675.00 and gave the company a "neutral" rating in a research note on Wednesday, April 1st. Finally, Wall Street Zen cut shares of Lockheed Martin from a "buy" rating to a "hold" rating in a research note on Saturday. Seven investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $632.58.

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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