Leonteq Securities AG Makes New $643,000 Investment in Lockheed Martin Corporation $LMT

Leonteq Securities AG acquired a new position in shares of Lockheed Martin Corporation (NYSE:LMT) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 1,329 shares of the aerospace company’s stock, valued at approximately $643,000.

Other large investors also recently bought and sold shares of the company. United Financial Planning Group LLC purchased a new position in Lockheed Martin during the 3rd quarter worth $25,000. Grey Fox Wealth Advisors LLC purchased a new position in Lockheed Martin during the 3rd quarter worth $27,000. Tucker Asset Management LLC purchased a new position in Lockheed Martin during the 4th quarter worth $32,000. Pilgrim Partners Asia Pte Ltd purchased a new position in Lockheed Martin during the 3rd quarter worth $35,000. Finally, Beacon Financial Strategies CORP purchased a new position in Lockheed Martin during the 4th quarter worth $34,000. Hedge funds and other institutional investors own 74.19% of the company’s stock.

Analysts Set New Price Targets

LMT has been the subject of a number of analyst reports. Argus upped their price objective 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. Sanford C. Bernstein cut their price target on shares of Lockheed Martin from $661.00 to $614.00 and set a “market perform” rating for the company in a report on Monday, May 18th. Morgan Stanley cut their price target on shares of Lockheed Martin from $675.00 to $653.00 and set an “equal weight” rating for the company in a report on Friday, April 24th. DZ Bank upgraded shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 30th. Finally, Royal Bank Of Canada cut their price target on shares of Lockheed Martin from $650.00 to $575.00 and set a “sector perform” rating for the company in a report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Lockheed Martin has an average rating of “Hold” and an average target price of $620.68.

Lockheed Martin Stock Performance

Shares of LMT opened at $533.57 on Friday. The company has a 50-day simple moving average of $577.71 and a 200-day simple moving average of $556.03. 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 company has a market capitalization of $123.02 billion, a PE ratio of 25.84, a P/E/G ratio of 0.95 and a beta of 0.10. Lockheed Martin Corporation has a 52-week low of $410.11 and a 52-week high of $692.00.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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% compared to the same quarter last year. During the same quarter in the prior year, the business earned $7.28 EPS. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Equities research analysts predict that Lockheed Martin Corporation will post 29.88 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Monday, June 1st will be paid a $3.45 dividend. This represents a $13.80 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Monday, June 1st. Lockheed Martin’s dividend 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.