Breaking: Lockheed Martin (NYSE:LMT) Equal-Weight Rating Kept at Barclays Today; The Target Price per Share is $325

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Investors sentiment increased to 1.05 in 2018 Q2. Its up 0.10, from 0.95 in 2018Q1. It improved, as 66 investors sold Lockheed Martin Corporation shares while 384 reduced holdings. 101 funds opened positions while 370 raised stakes. 215.56 million shares or 0.58% less from 216.82 million shares in 2018Q1 were reported.

Bb&T reported 26,275 shares or 0.15% of all its holdings. Thrivent Fincl For Lutherans holds 0.1% in Lockheed Martin Corporation (NYSE:LMT) or 103,913 shares. Bowen Hanes & Com has 114,255 shares. Grassi Inv Mngmt stated it has 25,835 shares. Alpine Woods Cap Invsts Ltd Llc reported 950 shares. Farmers & Merchants Investments Incorporated has 1,739 shares. Union Savings Bank owns 7,777 shares for 0.75% of their portfolio. Macquarie Grp Limited reported 0.02% in Lockheed Martin Corporation (NYSE:LMT). Glob X Mngmt invested 0.01% in Lockheed Martin Corporation (NYSE:LMT). Hartwell J M Ltd Partnership has 0.04% invested in Lockheed Martin Corporation (NYSE:LMT). Scotia invested in 18,602 shares. Richard Bernstein Advsrs Lc stated it has 0.19% of its portfolio in Lockheed Martin Corporation (NYSE:LMT). 701 are owned by Ssi Investment Management Incorporated. Kelly Lawrence W And Associate Ca holds 0.08% of its portfolio in Lockheed Martin Corporation (NYSE:LMT) for 1,500 shares. Moreover, Capital Inc Ca has 0.12% invested in Lockheed Martin Corporation (NYSE:LMT) for 2,750 shares.

Since July 25, 2018, it had 0 insider buys, and 3 insider sales for $13.89 million activity. The insider HEWSON MARILLYN A sold $8.09M. Another trade for 11,203 shares valued at $3.46 million was made by Tanner Bruce L on Wednesday, November 7.

Lockheed Martin (NYSE:LMT) Rating Reaffirmed

New York: In a note issued to investors and clients on Tuesday, 4 December, Barclays reiterated their Equal-Weight rating on Lockheed Martin (NYSE:LMT) shares. They now have a $325 TP on the company. Barclays’s target gives a potential upside of 13.35 % from the company’s close price.

Lockheed Martin Corporation (NYSE:LMT) Ratings Coverage

Among 9 analysts covering Lockheed Martin (NYSE:LMT), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Lockheed Martin has $412 highest and $340 lowest target. $381.29’s average target is 32.98% above currents $286.73 stock price. Lockheed Martin had 14 analyst reports since July 12, 2018 according to SRatingsIntel. The rating was maintained by Credit Suisse with “Neutral” on Wednesday, October 24. The stock of Lockheed Martin Corporation (NYSE:LMT) earned “Conviction Buy” rating by Goldman Sachs on Wednesday, October 24. Morgan Stanley maintained the shares of LMT in report on Wednesday, July 25 with “Overweight” rating. JP Morgan maintained the shares of LMT in report on Wednesday, October 24 with “Neutral” rating. The firm has “Overweight” rating given on Wednesday, November 14 by Morgan Stanley. The firm has “Overweight” rating by Morgan Stanley given on Thursday, October 11. Morgan Stanley maintained the shares of LMT in report on Thursday, July 12 with “Overweight” rating. Bank of America maintained the shares of LMT in report on Wednesday, July 25 with “Buy” rating. Stifel Nicolaus maintained the shares of LMT in report on Wednesday, July 25 with “Buy” rating. On Wednesday, July 25 the stock rating was upgraded by Cowen & Co to “Outperform”.

The stock decreased 3.39% or $10.06 during the last trading session, reaching $286.73. About 2.19M shares traded or 74.44% up from the average. Lockheed Martin Corporation (NYSE:LMT) has risen 7.10% since December 4, 2017 and is uptrending. It has underperformed by 8.52% the S&P500.

Analysts await Lockheed Martin Corporation (NYSE:LMT) to report earnings on February, 4. They expect $4.34 earnings per share, up 0.93 % or $0.04 from last year’s $4.3 per share. LMT’s profit will be $1.23B for 16.52 P/E if the $4.34 EPS becomes a reality. After $5.14 actual earnings per share reported by Lockheed Martin Corporation for the previous quarter, Wall Street now forecasts -15.56 % negative EPS growth.

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 has market cap of $81.55 billion. It operates through four divisions: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space Systems. It has a 26.68 P/E ratio. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies.

More notable recent Lockheed Martin Corporation (NYSE:LMT) news were published by: Seekingalpha.com which released: “Lockheed Martin: Strong Income Play With A Chance For Massive Gains – Seeking Alpha” on November 27, 2018, also Bizjournals.com with their article: “Harris Corp. delivers payload for Lockheed Martin-built GPS III satellite, more on the way – Orlando Business Journal” published on November 07, 2018, Gurufocus.com published: “Popular Science Recognizes Lockheed Martin’s ONYX Exoskeleton and Miniature Hit-to-Kill Interceptor in 2018 “Best of What’s New” Awards – GuruFocus.com” on November 27, 2018. More interesting news about Lockheed Martin Corporation (NYSE:LMT) were released by: Bizjournals.com and their article: “Lockheed, Northrop, more net $143.8M worth of missile and aircraft work in Orlando – Orlando Business Journal” published on November 20, 2018 as well as Bizjournals.com‘s news article titled: “Orbital co-founder David Thompson: We sold to Northrop for 4 reasons – Washington Business Journal” with publication date: November 27, 2018.

Lockheed Martin Corporation (NYSE:LMT) Institutional Positions Chart

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