25 August, 2017
Wall Street analysts expect Lockheed Martin Corporation (NYSE:LMT) to announce earnings of $3.27 per share for the current quarter, Zacks reports. Jefferies Group LLC reissued a "hold" rating and set a $240.00 target price on shares of Lockheed Martin Corporation in a report on Friday, July 14th. The institutional investor held 42,271 shares of the military and government and technical company at the end of 2016Q4, valued at $10.57 million, down from 62,534 at the end of the previous reported quarter.
More notable recent Lockheed Martin Corporation (NYSE:LMT) news were published by: Investorplace.com which released: "Why Lockheed Martin Corporation (LMT) Stock Will Gain Traction Soon" on July 28, 2017, also Bizjournals.com with their article: "Lockheed Martin's upcoming hiring event could be its biggest yet" published on August 15, 2017, Finance.Yahoo.com published: "Why Is Lockheed Martin (LMT) Up 5.2% Since the Last Earnings Report?" on August 18, 2017. The stock increased 0.61% or $0.54 during the last trading session, reaching $89.75. About 571,360 shares traded. Lockheed Martin Corporation (NYSE:LMT) has risen 14.19% since August 24, 2016 and is uptrending. It has underperformed by 2.51% the S&P500.
State Of New Jersey Common Pension Fund D increased Rexford Indl Rlty Inc (NYSE:REXR) stake by 34,000 shares to 474,000 valued at $10.99M in 2016Q4. Ecolab Inc (NYSE:ECL) was raised too. The stock of Lockheed Martin Corporation (NYSE:LMT) earned "Hold" rating by Jefferies on Wednesday, July 19. Therefore 38% are positive.
On average, analysts expect that Lockheed Martin Corporation will report full year earnings of $12.63 per share for the current fiscal year, with EPS estimates ranging from $12.50 to $12.80. The stock of Lockheed Martin Corporation (NYSE:LMT) earned "Buy" rating by Stifel Nicolaus on Tuesday, July 18. The firm has "Outperform" rating by Wells Fargo given on Monday, September 19. The stock of Lockheed Martin Corporation (NYSE:LMT) earned "Outperform" rating by RBC Capital Markets on Wednesday, January 27. The firm has "Hold" rating given on Wednesday, July 19 by Credit Suisse. The firm has "Buy" rating by Deutsche Bank given on Monday, December 5. Nine analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The company was maintained on Wednesday, October 21 by Drexel. As per Tuesday, May 31, the company rating was downgraded by Berenberg. Moneta Grp Inv Advsr Limited Liability Corp invested 0.06% of its portfolio in Lockheed Martin Corporation (NYSE:LMT). Loop Capital Markets maintained the stock with "Buy" rating in Tuesday, June 6 report.
Investors sentiment increased to 1.2 in Q4 2016. Its up 0.43, from 0.77 in 2016Q3. It turned negative, as 43 investors sold NTRS shares while 197 reduced holdings. 126 funds opened positions while 368 raised stakes. 187.91 million shares or 4.65% more from 179.57 million shares in 2016Q3 were reported. The aerospace company reported $3.23 earnings per share for the quarter, topping analysts' consensus estimates of $3.10 by $0.13. Mufg Americas has invested 0.17% in Lockheed Martin Corporation (NYSE:LMT). Los Angeles Capital Management Equity invested in 12,421 shares. Granite Invest reported 0.1% of its portfolio in Lockheed Martin Corporation (NYSE:LMT). Gofen And Glossberg Il stated it has 0.57% in Lockheed Martin Corporation (NYSE:LMT). Lakeview Ltd Company reported 1,876 shares. Manchester Cap Mgmt Ltd has invested 0.02% in Lockheed Martin Corporation (NYSE:LMT). Woodmont Invest Counsel Ltd owns 0.13% invested in Lockheed Martin Corporation (NYSE:LMT) for 1,830 shares. The Florida-based Huff W R Asset Management Co Llc De has invested 6.13% in the stock. Twin Tree Management Lp holds 0% of its portfolio in Northern Trust Corporation (NASDAQ:NTRS) for 3,668 shares. Pioneer owns 265,437 shares.
Orbotech Ltd.is a supplier of yield-enhancing and process-enabling solutions for the manufacture of electronics products. Kcg Holdings Inc who had been investing in Lockheed Martin Corp for a number of months, seems to be less bullish one the $87.78B market cap company. The Firm provides cutting-edge solutions for use in the manufacture of printed circuit boards, flat panel displays (FPDs) and semiconductor devices (SDs). It has a 18.03 P/E ratio. The Company's divisions include Production Solutions for the Electronics Industry, Solar Energy and Recognition Software.
Since January 1, 0001, it had 0 insider buys, and 9 sales for $9.02 million activity. Therefore 71% are positive. Orbotech had 13 analyst reports since September 8, 2015 according to SRatingsIntel. On Thursday, August 25 the stock rating was initiated by JP Morgan with "Neutral". Needham maintained the stock with "Buy" rating in Friday, July 7 report. Lockheed Martin Corporation presently has an average rating of "Hold" and an average price target of $292.62. The stock of Northern Trust Corporation (NASDAQ:NTRS) has "Hold" rating given on Friday, May 26 by Keefe Bruyette & Woods.
In other news, VP Brian P. Colan sold 350 shares of the stock in a transaction on Tuesday, August 15th. The rating was maintained by Jefferies on Wednesday, August 2 with "Buy".
