MSH Capital Advisors LLC Invests $796,000 in Lockheed Martin Corporation $LMT

MSH Capital Advisors LLC bought a new stake in shares of Lockheed Martin Corporation (NYSE:LMT) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 1,563 shares of the aerospace company’s stock, valued at approximately $796,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC lifted its stake in Lockheed Martin by 5.0% in the 4th quarter. Brighton Jones LLC now owns 3,995 shares of the aerospace company’s stock valued at $1,941,000 after buying an additional 191 shares in the last quarter. Sivia Capital Partners LLC increased its stake in Lockheed Martin by 5.4% during the 2nd quarter. Sivia Capital Partners LLC now owns 973 shares of the aerospace company’s stock worth $451,000 after buying an additional 50 shares in the last quarter. Schnieders Capital Management LLC. raised its holdings in shares of Lockheed Martin by 17.3% during the second quarter. Schnieders Capital Management LLC. now owns 1,460 shares of the aerospace company’s stock valued at $676,000 after acquiring an additional 215 shares during the last quarter. Gamco Investors INC. ET AL raised its holdings in shares of Lockheed Martin by 36.0% during the second quarter. Gamco Investors INC. ET AL now owns 2,250 shares of the aerospace company’s stock valued at $1,042,000 after acquiring an additional 595 shares during the last quarter. Finally, Sei Investments Co. raised its holdings in shares of Lockheed Martin by 18.2% during the second quarter. Sei Investments Co. now owns 86,569 shares of the aerospace company’s stock valued at $40,092,000 after acquiring an additional 13,300 shares during the last quarter. Institutional investors and hedge funds own 74.19% of the company’s stock.

Lockheed Martin Stock Performance

Shares of Lockheed Martin stock opened at $589.47 on Thursday. The business’s 50 day moving average price is $546.85 and its 200 day moving average price is $576.25. The company has a market cap of $136.04 billion, a price-to-earnings ratio of 21.73, a PEG ratio of 1.04 and a beta of 0.10. 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 Corporation has a one year low of $437.25 and a one year high of $692.00.

Lockheed Martin (NYSE:LMT) last issued its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $19.34 billion. During the same period in the prior year, the business earned $1.46 EPS. The firm’s quarterly 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. On average, research analysts predict that Lockheed Martin Corporation will post 30.39 EPS for the current year.

Lockheed Martin Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Tuesday, September 1st will be issued a $3.45 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.3%. Lockheed Martin’s dividend payout ratio is currently 50.87%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. UBS Group reaffirmed a “neutral” rating and issued a $581.00 price target on shares of Lockheed Martin in a research note on Friday, July 24th. Deutsche Bank Aktiengesellschaft reduced their price objective on Lockheed Martin from $615.00 to $575.00 and set a “hold” rating for the company in a research note on Friday, April 24th. Wall Street Zen lowered Lockheed Martin from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 15th. Weiss Ratings raised shares of Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, August 13th. Finally, DZ Bank raised shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $632.39.

Lockheed Martin 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.