Isthmus Partners LLC Sells 1,220 Shares of Lockheed Martin Corporation $LMT

Isthmus Partners LLC cut its holdings in Lockheed Martin Corporation (NYSE:LMTFree Report) by 4.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 23,799 shares of the aerospace company’s stock after selling 1,220 shares during the quarter. Lockheed Martin comprises 1.5% of Isthmus Partners LLC’s holdings, making the stock its 20th biggest position. Isthmus Partners LLC’s holdings in Lockheed Martin were worth $14,384,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. IAG Wealth Partners LLC lifted its stake in Lockheed Martin by 4,800.0% in the first quarter. IAG Wealth Partners LLC now owns 49 shares of the aerospace company’s stock valued at $30,000 after buying an additional 48 shares in the last quarter. United Financial Planning Group LLC acquired a new position in shares of Lockheed Martin in the third quarter valued at approximately $25,000. Basso Capital Management L.P. bought a new stake in shares of Lockheed Martin during the fourth quarter worth $25,000. Clarity Asset Management Inc. bought a new stake in shares of Lockheed Martin during the fourth quarter worth $26,000. Finally, TD Capital Management LLC raised its holdings in shares of Lockheed Martin by 450.0% during the fourth quarter. TD Capital Management LLC now owns 55 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 45 shares during the period. 74.19% of the stock is owned by institutional investors.

Trending Headlines about Lockheed Martin

Here are the key news stories impacting Lockheed Martin this week:

  • Positive Sentiment: Lockheed Martin won two U.S. defense contracts worth more than $607 million, adding to its backlog and reinforcing steady demand across its defense programs. Lockheed Martin wins two U.S. defense contracts worth over $607M
  • Positive Sentiment: Lockheed Martin and Rheinmetall advanced a plan to co-produce ATACMS missiles in Germany, while NATO allies also accelerated PAC-3 sustainment efforts in Europe, signaling expanding international demand for Lockheed’s missile systems. Reuters article on ATACMS co-production in Germany
  • Positive Sentiment: Reports from the NATO summit highlighted billions in defense deals and rising European spending, which could support future orders for Lockheed Martin’s missiles, F-35s and other systems. Reuters article on NATO arms deals
  • Neutral Sentiment: Lockheed Martin was also mentioned in a story about a White House helipad funded by its Sikorsky unit; this is more of a headline item than a meaningful earnings driver. Business Insider helipad article
  • Negative Sentiment: Despite the contract wins, recent coverage says Lockheed Martin continues to face program execution challenges, and the stock has lagged its industry over the past month, which may be weighing on sentiment. Zacks article on pullback and execution challenges

Lockheed Martin Stock Performance

Shares of LMT stock opened at $527.65 on Thursday. Lockheed Martin Corporation has a 12 month low of $410.11 and a 12 month high of $692.00. The company’s fifty day simple moving average is $521.34 and its 200-day simple moving average is $570.48. The firm has a market cap of $121.65 billion, a PE ratio of 25.55, a P/E/G ratio of 0.97 and a beta of 0.11. The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 2.74.

Lockheed Martin (NYSE:LMTGet Free Report) last released 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 net margin of 6.38% and a return on equity of 101.64%. The business had revenue of $18.02 billion during the quarter, compared to the consensus estimate of $18.38 billion. During the same period last year, the business posted $7.28 EPS. The firm’s revenue for the quarter was up .3% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Equities research analysts expect that Lockheed Martin Corporation will post 29.93 EPS for the current fiscal year.

Lockheed Martin Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 1st were issued a $3.45 dividend. The ex-dividend date was Monday, June 1st. This represents a $13.80 annualized dividend and a dividend yield of 2.6%. Lockheed Martin’s dividend payout ratio (DPR) is presently 66.83%.

Analyst Ratings Changes

LMT has been the topic of several research reports. Jefferies Financial Group set a $575.00 price objective on shares of Lockheed Martin in a research report on Thursday, June 25th. DZ Bank upgraded Lockheed Martin from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 30th. JPMorgan Chase & Co. dropped their price target on Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 5th. Sanford C. Bernstein restated a “market perform” rating on shares of Lockheed Martin in a report on Friday, May 29th. Finally, Citigroup raised Lockheed Martin from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $571.00 to $582.00 in a research report on Wednesday, July 1st. One 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 issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $609.68.

Read Our Latest Stock Report on LMT

Lockheed Martin Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Lockheed Martin (NYSE:LMT)

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