Lockheed Martin Corporation, a prominent aerospace and defense company, has seen significant activity in its stock holdings recently. Various institutional investors, including City National Bank of Florida MSD, Pinnacle Associates Ltd., and Argonautica Private Wealth Management Inc., have adjusted their stakes in the company. These changes reflect a broader trend among large investors to either increase or decrease their holdings in Lockheed Martin, often influenced by the company's financial performance and market conditions.
Lockheed Martin reported quarterly earnings that surpassed analysts' expectations, contributing to investor interest. The company announced a quarterly dividend of $3.30 per share, resulting in a dividend yield of 3.15% and a payout ratio of 57.02%. The company's stock has fluctuated between a one-year low of $410.11 and a high of $618.95, with a current market capitalization of approximately $98.25 billion.
Analysts have issued mixed ratings on Lockheed Martin’s stock, with price targets ranging from $440 to $575. The company also updated its fiscal year 2025 earnings guidance, lowering its earnings per share expectations, which influenced some analysts to adjust their ratings. Lockheed Martin remains a focal point for investors, given its role in the aerospace sector and its financial performance.
