Bryn Mawr Trust Advisors LLC Takes Position in Lockheed Martin Corporation $LMT

Bryn Mawr Trust Advisors LLC acquired a new stake in shares of Lockheed Martin Corporation (NYSE:LMT) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 2,032 shares of the aerospace company’s stock, valued at approximately $1,035,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Basso Capital Management L.P. acquired a new stake in shares of Lockheed Martin during the 4th quarter worth approximately $25,000. United Financial Planning Group LLC acquired a new position in Lockheed Martin during the 3rd quarter valued at approximately $25,000. Clarity Asset Management Inc. acquired a new position in Lockheed Martin during the 4th quarter valued at approximately $26,000. Triumph Capital Management grew its stake in Lockheed Martin by 66.7% during the 4th quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock worth $26,000 after buying an additional 22 shares during the last quarter. Finally, Bard Associates Inc. bought a new position in Lockheed Martin during the 4th quarter worth $27,000. Institutional investors and hedge funds own 74.19% of the company’s stock.

Lockheed Martin Trading Up 1.7%

Shares of LMT stock opened at $608.21 on Friday. Lockheed Martin Corporation has a 1 year low of $436.46 and a 1 year high of $692.00. The firm has a market capitalization of $140.37 billion, a PE ratio of 22.42, a price-to-earnings-growth ratio of 1.03 and a beta of 0.10. The stock has a fifty day moving average of $542.51 and a two-hundred day moving average of $576.46. The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.01 and a current ratio of 1.19.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings results on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, beating analysts’ consensus estimates of $7.22 by $0.72. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.The company had revenue of $20.06 billion for the quarter, compared to analyst estimates of $19.34 billion. During the same period last year, the company earned $1.46 earnings per share. The company’s quarterly revenue was up 10.5% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. As a group, research analysts expect that Lockheed Martin Corporation will post 30.39 EPS for the current year.

Lockheed Martin Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $3.45 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $13.80 annualized dividend and a yield of 2.3%. Lockheed Martin’s dividend payout ratio (DPR) is presently 50.87%.

Analyst Ratings Changes

LMT has been the topic of several analyst reports. Bank of America dropped their target price on Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating on the stock in a research report on Friday, April 24th. Morgan Stanley upped their price target on shares of Lockheed Martin from $653.00 to $690.00 and gave the stock an “equal weight” rating in a research report on Friday, July 24th. Susquehanna dropped their price objective on shares of Lockheed Martin from $740.00 to $700.00 and set a “positive” rating on the stock in a report on Friday, April 24th. Royal Bank Of Canada lifted their price objective on shares of Lockheed Martin from $575.00 to $600.00 and gave the company a “sector perform” rating in a research report on Friday, July 24th. Finally, Jefferies Financial Group reissued a “hold” rating on shares of Lockheed Martin in a research note on Sunday, July 26th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Lockheed Martin has an average rating of “Hold” and an average target price of $632.39.

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.