Buck Wealth Strategies LLC Grows Holdings in Lockheed Martin Corporation $LMT

Buck Wealth Strategies LLC boosted its holdings in Lockheed Martin Corporation (NYSE:LMTFree Report) by 8.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,291 shares of the aerospace company’s stock after purchasing an additional 1,932 shares during the quarter. Lockheed Martin comprises 1.6% of Buck Wealth Strategies LLC’s investment portfolio, making the stock its 23rd largest holding. Buck Wealth Strategies LLC’s holdings in Lockheed Martin were worth $12,232,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of LMT. 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 shares of Lockheed Martin in the 3rd quarter valued at about $27,000. Beacon Financial Strategies CORP acquired a new stake in Lockheed Martin in the 4th quarter valued at about $34,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in Lockheed Martin in the 3rd quarter valued at about $35,000. Finally, Wexford Capital LP acquired a new stake in Lockheed Martin in the 3rd quarter valued at about $36,000. Hedge funds and other institutional investors own 74.19% of the company’s stock.

Lockheed Martin News Roundup

Here are the key news stories impacting Lockheed Martin this week:

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on LMT shares. DZ Bank raised shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 30th. Bank of America decreased their target price on shares of Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating on the stock in a research report on Friday, April 24th. Citigroup increased their price objective on shares of Lockheed Martin from $673.00 to $675.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 1st. Susquehanna dropped their price objective on shares of Lockheed Martin from $740.00 to $700.00 and set a “positive” rating for the company in a research report on Friday, April 24th. Finally, Weiss Ratings lowered shares of Lockheed Martin from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $628.63.

Read Our Latest Stock Report on Lockheed Martin

Lockheed Martin Stock Down 1.1%

LMT stock opened at $506.79 on Friday. Lockheed Martin Corporation has a 1-year low of $410.11 and a 1-year high of $692.00. The firm has a market cap of $116.85 billion, a price-to-earnings ratio of 24.54, a PEG ratio of 0.93 and a beta of 0.10. 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 firm has a fifty day moving average price of $608.10 and a two-hundred day moving average price of $554.07.

Lockheed Martin (NYSE:LMTGet Free Report) last released 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 firm had revenue of $18.02 billion for the quarter, compared to the consensus estimate of $18.38 billion. Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The firm’s revenue was up .3% on a year-over-year basis. During the same quarter in the prior year, the company posted $7.28 EPS. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Research analysts predict that Lockheed Martin Corporation will post 29.88 EPS for the current year.

Lockheed Martin Company Profile

(Free Report)

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.

Featured Stories

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Institutional Ownership by Quarter for Lockheed Martin (NYSE:LMT)

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