Lockheed Martin (NYSE:LMT) Updates FY 2025 Earnings Guidance

Lockheed Martin (NYSE:LMT - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 27.000-27.300 for the period, compared to the consensus estimate of 27.210. The company issued revenue guidance of $73.8 billion-$74.8 billion, compared to the consensus revenue estimate of $74.3 billion.

Lockheed Martin Stock Performance

Shares of Lockheed Martin stock traded up $3.33 on Thursday, hitting $466.88. The stock had a trading volume of 1,104,200 shares, compared to its average volume of 1,248,912. Lockheed Martin has a 52-week low of $418.88 and a 52-week high of $618.95. The company has a current ratio of 1.13, a quick ratio of 0.95 and a debt-to-equity ratio of 3.10. The stock has a market cap of $109.52 billion, a price-to-earnings ratio of 20.97, a P/E/G ratio of 2.07 and a beta of 0.39. The company's 50 day moving average price is $453.93 and its 200 day moving average price is $494.28.

Lockheed Martin (NYSE:LMT - Get Free Report) last announced its quarterly earnings results on Tuesday, April 22nd. The aerospace company reported $7.28 earnings per share for the quarter, beating analysts' consensus estimates of $6.34 by $0.94. Lockheed Martin had a return on equity of 101.47% and a net margin of 7.51%. The business had revenue of $17.96 billion during the quarter, compared to analysts' expectations of $17.83 billion. On average, research analysts anticipate that Lockheed Martin will post 27.15 EPS for the current year.

Lockheed Martin Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 3rd were paid a dividend of $3.30 per share. This represents a $13.20 dividend on an annualized basis and a dividend yield of 2.83%. The ex-dividend date was Monday, March 3rd. Lockheed Martin's dividend payout ratio is presently 57.02%.

Wall Street Analyst Weigh In

LMT has been the subject of several research analyst reports. Royal Bank of Canada lowered shares of Lockheed Martin from an "outperform" rating to a "sector perform" rating and dropped their price target for the stock from $550.00 to $480.00 in a research report on Thursday, March 27th. Deutsche Bank Aktiengesellschaft lowered Lockheed Martin from a "buy" rating to a "hold" rating and dropped their price target for the stock from $611.00 to $523.00 in a research note on Thursday, January 2nd. Baird R W upgraded Lockheed Martin from a "hold" rating to a "strong-buy" rating in a report on Wednesday. Susquehanna lowered their target price on Lockheed Martin from $590.00 to $550.00 and set a "positive" rating for the company in a research note on Wednesday, January 29th. Finally, Robert W. Baird upgraded Lockheed Martin from a "neutral" rating to an "outperform" rating and set a $540.00 price objective on the stock in a research note on Wednesday. Eight equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $544.79.

Insider Buying and Selling at Lockheed Martin

In related news, insider Robert M. Lightfoot, Jr. sold 3,213 shares of the stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $442.42, for a total transaction of $1,421,495.46. Following the completion of the sale, the insider now owns 2,000 shares in the company, valued at $884,840. This represents a 61.63 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Harry Edward Paul III sold 707 shares of Lockheed Martin stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $442.61, for a total value of $312,925.27. Following the completion of the transaction, the vice president now directly owns 2,278 shares in the company, valued at approximately $1,008,265.58. This represents a 23.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 7,133 shares of company stock worth $3,155,916 over the last 90 days. Insiders own 0.14% of the company's stock.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Lockheed Martin stock. Brighton Jones LLC lifted its stake in Lockheed Martin Co. (NYSE:LMT - Free Report) by 5.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,995 shares of the aerospace company's stock after buying an additional 191 shares during the period. Brighton Jones LLC's holdings in Lockheed Martin were worth $1,941,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 74.19% of the company's stock.

About Lockheed Martin

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. The company operates through Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space segments.