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Future Wealth Companions LLC owns shares of Lockheed Martin Co. for $1.77 million (NYSE:LMT)

Future Wealth Companions LLC elevated its place in Lockheed Martin Co. (NYSE:LMT – Get Score ) by 767.6% within the 4th quarter, based on the corporate in its most up-to-date Kind 13F submitting with the Securities and Alternate Fee (SEC). The agency owned 3,644 shares of the aerospace firm’s inventory after buying a further 3,224 shares in the course of the quarter. Future Wealth Companions LLC’s holdings in Lockheed Martin had been price $1,773,000 on the finish of the latest quarter.

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A number of different hedge funds and different institutional buyers have additionally lately made adjustments to their positions in LMT. IMA Wealth Inc. boosted its place in shares of Lockheed Martin by 41.8% within the second quarter. Now IMA Wealth Inc. owns 78 shares of the aerospace firm’s inventory valued at $34,000 after shopping for a further 23 shares within the final quarter. Tilia Fiduciary Companions Inc. elevated its place in shares of Lockheed Martin by 3.2% within the third quarter. Now Tilia Fiduciary Companions Inc. owns 751 shares of the aerospace firm’s inventory valued at $309,000 after shopping for a further 23 shares within the final quarter. PrairieView Companions LLC boosted its place in shares of Lockheed Martin by 22.3% within the third quarter. PrairieView Companions LLC now owns 126 shares of the aerospace firm’s inventory price $49,000 after shopping for a further 23 shares within the final quarter. Fairhaven Wealth Administration LLC boosted its place in shares of Lockheed Martin by 3.6% within the third quarter. Fairhaven Wealth Administration LLC now owns 660 shares of the aerospace firm’s inventory price $255,000 after shopping for a further 23 shares within the final quarter. Lastly, Legacy Bridge LLC boosted its place in shares of Lockheed Martin by 2.2% within the fourth quarter. Legacy Bridge LLC now owns 1,110 shares of the aerospace firm’s inventory price $540,000 after shopping for a further 24 shares within the final quarter. At present, 75.18% of the shares are owned by institutional buyers and hedge funds.

Insider Shopping for and Promoting at Lockheed Martin

In different Lockheed Martin information, Director John Donovan bought 556 shares of the corporate’s inventory in a transaction that occurred on Wednesday, January twenty fifth. The shares had been bought at a median value of $451.20 per share, for a complete worth of $250,867.20. Following the completion of the transaction, the director now straight owns 2,324 shares of the corporate’s inventory, valued at roughly $1,048,588.80. The transaction was disclosed in a submitting with the SEC, which is on the market on the SEC’s web site. In associated information, Director John Donovan acquired 556 shares of the agency’s inventory in a transaction that occurred on Wednesday, January twenty fifth. The shares had been bought at a median value of $451.20 per share, for a complete worth of $250,867.20. Following the acquisition, the director now straight owns 2,324 shares within the firm, valued at $1,048,588.80. The acquisition was disclosed in a submitting with the Securities and Alternate Fee, which is on the market at this hyperlink. Additionally, EVP Timothy S. Cahill offered 2,534 shares of the inventory in a transaction on Monday, March sixth. The shares had been offered at a median value of $479.44 for a complete worth of $1,214,900.96. Following the transaction, the manager vice chairman now owns 10,460 shares within the firm, valued at $5,014,942.40. Disclosures for this sale could be discovered right here. Insiders personal 0.17% of the corporate’s inventory.

Lockheed Martin inventory efficiency

NYSE:LMT opened at $490.17 on Friday. The agency’s 50-day transferring common is $474.59, and its 200-day transferring common is $463.58. The corporate has a market cap of $124.76 billion, a price-to-earnings ratio of twenty-two.58, a PEG ratio of two.65 and a beta of 0.67. The corporate has a debt-to-equity ratio of 1.67, a gearing ratio of 1.13, and a present ratio of 1.32. Lockheed Martin Co. has a 52-week low of $373.67 and a 52-week excessive of $498.95.

Lockheed Martin (NYSE:LMT – Get Rankings ) final posted its quarterly earnings outcomes on Tuesday, January twenty fourth. The aerospace firm reported $7.79 earnings per share (EPS), topping the consensus estimate of $7.41 by $0.38. Lockheed Martin had a return on fairness of 68.01% and a web margin of 8.69%. The corporate had income of $18.99 billion for the quarter, in comparison with analyst estimates of $18.25 billion. For a similar interval final 12 months, earnings per share amounted to $7.47. The corporate’s quarterly income elevated by 7.1% in comparison with the identical quarter final 12 months. Inventory analysts count on Lockheed Martin Co. will submit 26.86 earnings per share for the present 12 months.

Lockheed Martin pronounces dividend

The corporate additionally lately introduced a quarterly dividend, which was paid on Friday, March twenty fourth. Buyers of report on Wednesday, March 1st got a $3.00 dividend. The ex-dividend date of this dividend was Tuesday, February twenty eighth. This represents an annual dividend of $12.00 and a yield of two.45%. Lockheed Martin’s dividend payout ratio (DPR) is at the moment 55.27%.

Upgrading and downgrading of the analyst score

A number of brokerages lately weighed in on LMT. Susquehanna boosted their value goal on shares of Lockheed Martin from $510.00 to $512.00 and gave the corporate a “constructive” score in a report on Wednesday, January twenty fifth. JPMorgan Chase & Co. upped their goal value on shares of Lockheed Martin from $450.00 to $505.00 and gave the corporate a “impartial” score in a analysis report on Monday, December twelfth. Goldman Sachs Group downgraded shares of Lockheed Martin from a “impartial” score to a “promote” score and reduce their value goal for the corporate from $388.00 to $332.00 in a analysis report on Friday, January thirteenth. StockNews.com assumed protection on Lockheed Martin in a report on Thursday, March sixteenth. They gave the corporate a “purchase” score. Lastly, Citigroup initiated protection on Lockheed Martin in a report on Thursday, December eighth. They set a “purchase” score and a $546.00 goal value on the inventory. Two equities analysis analysts have rated the inventory with a promote score, six have given a maintain score and eight have assigned a purchase score to the inventory. Lockheed Martin presently has a consensus score of “Maintain” and a median goal value of $490.43, based on MarketBeat.

About Lockheed Martin

(Get Score)

Lockheed Martin Corp. is a world safety and aerospace firm that researches, designs, develops, manufactures, integrates and helps expertise methods, services and products. It operates by the next enterprise segments: Aeronautics, Missiles and Fireplace Management (MFC), Rotor and Flight Methods (RMS), and Area.

See additionally

Lockheed Martin Institutional Ownership by Quarter (NYSE:LMT)

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