Rothschild Investment Corp IL increased its stake in shares of Lockheed Martin Co. (NYSE:LMT) by 8.2% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 7,969 shares of the aerospace company’s stock after purchasing an additional 605 shares during the period. Rothschild Investment Corp IL’s holdings in Lockheed Martin were worth $2,392,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Vanguard Group Inc lifted its holdings in Lockheed Martin by 0.9% during the 3rd quarter. Vanguard Group Inc now owns 21,266,343 shares of the aerospace company’s stock worth $7,357,305,000 after purchasing an additional 199,456 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its holdings in Lockheed Martin by 77,867.1% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 21,152,483 shares of the aerospace company’s stock worth $81,000 after purchasing an additional 21,125,353 shares in the last quarter. BlackRock Inc. increased its stake in Lockheed Martin by 8.2% in the 4th quarter. BlackRock Inc. now owns 18,811,944 shares of the aerospace company’s stock worth $4,925,719,000 after acquiring an additional 1,426,889 shares during the last quarter. Morgan Stanley increased its stake in Lockheed Martin by 3.0% in the 3rd quarter. Morgan Stanley now owns 3,587,085 shares of the aerospace company’s stock worth $1,240,989,000 after acquiring an additional 105,749 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in Lockheed Martin by 25.3% in the 4th quarter. Geode Capital Management LLC now owns 3,422,800 shares of the aerospace company’s stock worth $894,874,000 after acquiring an additional 691,751 shares during the last quarter. 78.31% of the stock is currently owned by institutional investors and hedge funds.

Shares of Lockheed Martin stock opened at $315.26 on Tuesday. The company has a debt-to-equity ratio of 8.70, a quick ratio of 0.91 and a current ratio of 1.12. The stock has a market cap of $88.85 billion, a PE ratio of 17.66, a PEG ratio of 2.33 and a beta of 1.01. Lockheed Martin Co. has a 12 month low of $241.18 and a 12 month high of $361.99.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings data on Tuesday, January 29th. The aerospace company reported $4.39 EPS for the quarter, meeting the consensus estimate of $4.39. The firm had revenue of $14.41 billion for the quarter, compared to analyst estimates of $13.75 billion. Lockheed Martin had a return on equity of 726.78% and a net margin of 9.39%. The company’s revenue was up 4.1% on a year-over-year basis. During the same period in the prior year, the company earned ($2.25) EPS. Research analysts forecast that Lockheed Martin Co. will post 19.46 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 1st were given a dividend of $2.20 per share. The ex-dividend date was Thursday, February 28th. This represents a $8.80 annualized dividend and a dividend yield of 2.79%. Lockheed Martin’s dividend payout ratio (DPR) is presently 49.30%.

LMT has been the topic of a number of research analyst reports. Morgan Stanley upped their target price on Lockheed Martin from $300.00 to $324.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 13th. Citigroup decreased their target price on Lockheed Martin from $400.00 to $338.00 and set a “buy” rating on the stock in a research note on Monday, January 14th. ValuEngine upgraded Lockheed Martin from a “sell” rating to a “hold” rating in a research note on Thursday, January 24th. Vertical Research upgraded Lockheed Martin from a “hold” rating to a “buy” rating and set a $340.00 target price on the stock in a research note on Thursday, January 10th. Finally, Credit Suisse Group restated a “hold” rating and issued a $297.00 target price on shares of Lockheed Martin in a research note on Wednesday, January 23rd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. Lockheed Martin presently has an average rating of “Buy” and an average price target of $350.00.

In other news, Chairman Marillyn A. Hewson sold 59,434 shares of the stock in a transaction dated Tuesday, February 26th. The stock was sold at an average price of $306.60, for a total transaction of $18,222,464.40. Following the transaction, the chairman now directly owns 109,531 shares in the company, valued at approximately $33,582,204.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Michele A. Evans sold 7,690 shares of the stock in a transaction dated Thursday, February 7th. The shares were sold at an average price of $298.78, for a total value of $2,297,618.20. Following the transaction, the insider now owns 7,690 shares in the company, valued at $2,297,618.20. The disclosure for this sale can be found here. Insiders have sold a total of 85,186 shares of company stock worth $26,010,927 over the last quarter. Corporate insiders own 0.35% of the company’s stock.

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Lockheed Martin Profile

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. It operates through four segments: Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS), and Space.

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

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