Northwestern Mutual Wealth Management Co. reduced its holdings in shares of Lockheed Martin Corporation (NYSE:LMT – Free Report) by 3.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 46,145 shares of the aerospace company’s stock after selling 1,824 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Lockheed Martin were worth $22,319,000 at the end of the most recent reporting period.
Several other institutional investors have also made changes to their positions in LMT. United Financial Planning Group LLC acquired a new stake in shares of Lockheed Martin during the 3rd quarter valued at about $25,000. Tucker Asset Management LLC acquired a new stake in shares of Lockheed Martin during the 4th quarter valued at about $32,000. Beacon Financial Strategies CORP acquired a new stake in shares of Lockheed Martin during the 4th quarter valued at about $34,000. Wexford Capital LP acquired a new stake in shares of Lockheed Martin during the 3rd quarter valued at about $36,000. Finally, Physician Wealth Advisors Inc. boosted its position in shares of Lockheed Martin by 61.7% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 76 shares of the aerospace company’s stock valued at $38,000 after acquiring an additional 29 shares in the last quarter. 74.19% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on LMT shares. DZ Bank raised shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 30th. UBS Group lifted their price target on shares of Lockheed Martin from $580.00 to $663.00 and gave the company a “neutral” rating in a report on Monday, February 2nd. JPMorgan Chase & Co. cut their price target on shares of Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating for the company in a report on Tuesday, May 5th. Wall Street Zen downgraded shares of Lockheed Martin from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on shares of Lockheed Martin from $615.00 to $575.00 and set a “hold” rating for the company in a report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $620.68.
Lockheed Martin Trading Down 0.1%
Shares of NYSE LMT opened at $529.82 on Monday. Lockheed Martin Corporation has a 1-year low of $410.11 and a 1-year high of $692.00. The company has a market cap of $122.16 billion, a PE ratio of 25.66, a P/E/G ratio of 0.96 and a beta of 0.10. The company has a current ratio of 1.14, a quick ratio of 0.94 and a debt-to-equity ratio of 2.74. The company has a 50-day moving average of $566.61 and a two-hundred day moving average of $558.83.
Lockheed Martin (NYSE:LMT – Get Free Report) last announced its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share for the quarter, missing analysts’ consensus estimates of $6.79 by ($0.35). Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The company had revenue of $18.02 billion during the quarter, compared to the consensus estimate of $18.38 billion. During the same period in the prior year, the firm posted $7.28 earnings per share. The company’s revenue was up .3% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. As a group, equities analysts expect that Lockheed Martin Corporation will post 29.88 earnings per share for the current fiscal year.
Lockheed Martin Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Monday, June 1st will be paid a $3.45 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.6%. Lockheed Martin’s payout ratio is currently 66.83%.
Key Headlines Impacting Lockheed Martin
Here are the key news stories impacting Lockheed Martin this week:
- Positive Sentiment: Lockheed Martin delivered the first ICS-enabled combat system baseline to the U.S. Navy, reinforcing execution on a key defense program and highlighting continued demand for its naval systems. Lockheed Martin delivers first ICS-enabled combat system baseline to US Navy
- Positive Sentiment: The Javelin Joint Venture, which includes Lockheed Martin, delivered its first Lightweight Command Launch Units to the U.S. Army, signaling progress in fielded defense hardware and potential support for future revenue recognition. Lockheed Martin Javelin Launcher Delivery Highlights Valuation Gap And Growth Watchpoints
- Positive Sentiment: Lockheed Martin said demand is rising for missile defense, sustainment, and autonomous systems, which suggests solid business momentum across several defense categories. Lockheed Martin sees rising demand for missile defense, sustainment, autonomous systems
- Neutral Sentiment: Sanford C. Bernstein reaffirmed its “market perform” rating on Lockheed Martin, indicating a cautious but not bearish stance from analysts. Lockheed Martin – Bernstein still on market perform
- Neutral Sentiment: Options activity suggests traders are positioning for a bigger move in LMT, but the article does not provide a clear directional catalyst. Are Options Traders Betting on a Big Move in Lockheed Martin Stock?
- Negative Sentiment: Recent coverage comparing Lockheed Martin with Boeing and questioning valuation/watchpoints may be weighing on sentiment, especially as investors evaluate whether LMT’s premium defense profile is fully priced in. Lockheed Martin vs. Boeing: Which Industrials Stock Is a Better Buy in 2026?
About Lockheed Martin
Lockheed Martin Corporation (NYSE: LMT) is a global aerospace and defense company that designs, develops and manufactures advanced technology systems for government and commercial customers. Formed through the 1995 merger of Lockheed Corporation and Martin Marietta, the company is headquartered in Bethesda, Maryland, and focuses on providing integrated solutions across air, space, land and sea domains. Its primary customers include the U.S. Department of Defense, NASA and allied governments around the world.
Lockheed Martin’s product and service portfolio spans military aircraft, missile and fire-control systems, missile defense, space systems and satellite technologies, sensors and precision weapons.
Featured Articles
- Five stocks we like better than Lockheed Martin
- These 3 CLO ETFs Target a Niche Corner of the Fixed-Income Market
- 3 Ways to Play the Data Center Land Grab
- The Smarter Way to Invest in AI Without Taking Extreme Risk
- 3 Dividend Kings That Earn Their Crown Every Quarter
Want to see what other hedge funds are holding LMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lockheed Martin Corporation (NYSE:LMT – Free Report).
Receive News & Ratings for Lockheed Martin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lockheed Martin and related companies with MarketBeat.com's FREE daily email newsletter.
