5 Companies Reach Yearly Peaks

Lockheed, Dell Technologies among those reaching milestone

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Dec 06, 2016
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According to GuruFocus' list, these stocks have reached their 52-week highs.

Raytheon reached the 52-week high of $149.92

Raytheon Co. (RTN, Financial) is a technology company in the defense industry. It develops technological and integrated products, services and solutions in core markets: sensing; effects; command, control, communications, computers, cyber and intelligence among others. The company operates in five business segments: Integrated Defense Systems (IDS); Intelligence, Information and Services (IIS); Missile Systems (MS); Space and Airborne Systems (SAS); and Forcepoint.

The price of Raytheon shares has reached $149.92, which is 1.8% off the 52-week high of $152.58. Raytheon has a market cap of $44.02 billion; its shares were traded around $149.92 with a price-earnings (P/E) ratio of 20.02 and price-sales (P/S) ratio of 1.86. Raytheon's trailing 12-month dividend yield is 1.92%. The forward dividend yield is 1.96%. Raytheon has an annual average earnings growth of 10.00% over the past 10 years. GuruFocus rated Raytheon the business predictability rank of 3-star.

The company announced net sales for the third quarter of $6.0 billion, up 4% compared to $5.8 billion in the third quarter of 2015. Third-quarter EPS from continuing operations was $1.79 compared to $1.47 in the third quarter of 2015.

L-3 Communications Holdings reached the 52-week high of $157.23

L-3 Communications Holdings Inc. (LLL, Financial) is a prime contractor in Intelligence, Surveillance and Reconnaissance systems, aircraft sustainment, simulation and training, night vision and image intensification equipment and security and detection systems.

The company has three reportable segments: Electronic Systems, Aerospace Systems and Communication Systems. The Electronic Systems segment provides products and services, including components, products, subsystems, systems and related services, to military and commercial customers in niche markets. The Aerospace Systems segment provides products and services for the ISR market in signals intelligence and multi-intelligence platforms. The Communications Systems segment provides network and communication systems, secure communication products, radio frequency components, satellite communication terminals and space, microwave and telemetry products.

The price of L-3 Communications Holdings shares has reached $157.23, which is 1.8% off the 52-week high of $160.09. L-3 Communications Holdings has a market cap of $12.16 billion; its shares were traded around $157.23 with a P/E ratio of 34.40 and P/S ratio of 1.20. L-3 Communications Holdings' trailing 12-month dividend yield is 1.79%. The forward dividend yield is 1.78%. It had an annual average earnings growth of 0.80% over the past 10 years.

The company recently reported diluted EPS from continuing operations of $1.88 for the third quarter ended Sept. 23 compared to diluted EPS from continuing operations for the quarter ended Sept. 25, 2015, of $1.54 and adjusted diluted EPS from continuing operations for the 2015 third quarter of $2.03. Net sales of $2.505 billion for the third quarter decreased by 2% compared to the 2015 third quarter.

Senior Vice President and Chief Financial Officer Ralph Dambrosio sold 9,000 shares on Nov. 10 for $150.75 per share. The stock price has increased by 4.3% since.

Dell Technologies reached the 52-week high of $52.75

Dell Technologies Inc. (DVMT, Financial) designs, develops, manufactures, markets, sells and supports many products and services through its four product and services business units: Client Solutions, Enterprise Solutions Group, Dell Software Group and Dell Services.

The Client Solutions segment offers desktops, thin client products, notebooks and services that are tied to the sale of Client Solutions hardware offerings. The company sells products and services directly to customers and through other sales distribution channels, such as retailers, third-party solutions providers, system integrators and third-party resellers.

The price of Dell Technologies shares has reached $52.75, which is 1.8% off the 52-week high of $53.70. Dell Technologies has a market cap of $11.76 billion; its shares were traded around $52.75 .

The company has announced a revenue of $12.6 billion for the first fiscal quarter of 2017, which is down 3% from the previous year. In addition, net income was $306 million, down 28% from the comparable quarter in the previous year. Operating income was $565 million, representing a 37% growth from the first fiscal quarter of 2016.

Northern Trust reached the 52-week high of $84.51

Northern Trust Corp. (NTRS, Financial) is a financial holding company that provides asset servicing, fund administration, asset management, fiduciary and banking solutions for corporations, institutions, families and individuals. It conducts business through U.S. and non-U.S. subsidiaries, including The Northern Trust Co. (Bank). Its segments include Corporate & Institutional Services (C&IS) and Wealth Management. Asset management and related services are provided to Wealth Management and C&IS clients by a third business unit, Asset Management.

The price of Northern Trust shares has reached $84.51, which is 1.7% off the 52-week high of $85.97. Northern Trust has a market cap of $19.14 billion; its shares were traded around $84.51 with a P/E ratio of 20.27 and P/S ratio of 3.99. Northern Trust's trailing 12-month dividend yield is 1.75%. The forward dividend yield is 1.78%. Northern Trust had an annual average earnings growth of 3.90% over the past 10 years. GuruFocus rated Northern Trust the business predictability rank of 3.5-star.

The company reported third quarter net income per diluted common share of $1.08, compared to 96 cents in the third quarter of 2015 and $1.10 in the second quarter. Net income was $257.6 million compared to $234.6 million in the prior-year quarter and $263.0 million in the prior quarter. Return on average common equity was 11.7%.

Chairman, President and CEO Frederick H. Waddell sold 200,000 shares on Nov. 15 for $81.99 per share. The stock price has increased by 3.07% since.

Lockheed Martin reached the 52-week high of $267.62

Lockheed Martin Corp. (LMT, Financial) is engaged in the research, design, development, manufacture, integration and sustainment of technology systems, products and services. It also provides management, engineering, technical, scientific, logistics and information services. It serves both U.S. and international customers with products and services that have defense, civil and commercial applications with its principal customers being agencies of the U.S. Government. The company operates in five business segments: Aeronautics, Information Systems & Global Solutions (IS&GS), Missiles and Fire Control (MFC), Mission Systems and Training (MST) and Space Systems.

The price of Lockheed Martin shares has reached $267.62, which is 0.8% off the 52-week high of $269.74. Lockheed Martin has a market cap of $78.41 billion; its shares were traded around $267.62 with a P/E ratio of 15.89 and P/S ratio of 1.68. Lockheed Martin's trailing 12-month dividend yield is 2.55%. The forward dividend yield is 2.73%. Lockheed Martin had an annual average earnings growth of 7.80% over the past 10 years. GuruFocus rated Lockheed Martin the business predictability rank of 4-star.

The company reported third-quarter net sales from continuing operations of $11.6 billion compared to $10.1 billion in the third quarter of 2015. Net earnings from continuing operations in the third quarter were $1.1 billion, or $3.61 per share compared to $756 million, or $2.42 per share, in the third quarter of 2015. Cash from operations in the third quarter was $1.3 billion compared to $1.5 billion in the third quarter of 2015.

Disclosure: I do not own these stocks.

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