Smith Chas P & Associates PA Cpas increased its holdings in shares of Lockheed Martin Corporation (NYSE:LMT – Free Report) by 69.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 91,882 shares of the aerospace company’s stock after buying an additional 37,636 shares during the quarter. Lockheed Martin accounts for about 2.3% of Smith Chas P & Associates PA Cpas’ portfolio, making the stock its 15th largest position. Smith Chas P & Associates PA Cpas’ holdings in Lockheed Martin were worth $44,440,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Coordinated Financial Services Inc. grew its holdings in shares of Lockheed Martin by 7.2% during the fourth quarter. Coordinated Financial Services Inc. now owns 464 shares of the aerospace company’s stock valued at $224,000 after buying an additional 31 shares during the last quarter. ICW Investment Advisors LLC lifted its position in Lockheed Martin by 0.6% during the 4th quarter. ICW Investment Advisors LLC now owns 6,107 shares of the aerospace company’s stock worth $2,954,000 after acquiring an additional 37 shares during the period. TrustBank acquired a new stake in Lockheed Martin during the 4th quarter worth about $298,000. Flputnam Investment Management Co. grew its stake in Lockheed Martin by 7.5% during the 4th quarter. Flputnam Investment Management Co. now owns 9,405 shares of the aerospace company’s stock valued at $4,549,000 after purchasing an additional 656 shares during the last quarter. Finally, Poinciana Advisors Group LLC purchased a new stake in Lockheed Martin during the 4th quarter valued at about $232,000. 74.19% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several analysts have weighed in on LMT shares. Argus boosted their price target on Lockheed Martin from $530.00 to $735.00 and gave the company a “buy” rating in a research note on Friday, March 6th. DZ Bank upgraded Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 30th. UBS Group boosted their price target on Lockheed Martin from $580.00 to $663.00 and gave the company a “neutral” rating in a research note on Monday, February 2nd. Morgan Stanley decreased their price objective on shares of Lockheed Martin from $675.00 to $653.00 and set an “equal weight” rating for the company in a research note on Friday, April 24th. Finally, Jefferies Financial Group restated a “hold” rating and set a $595.00 price objective on shares of Lockheed Martin in a research note on Sunday, April 26th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $620.68.
Key Headlines Impacting Lockheed Martin
Here are the key news stories impacting Lockheed Martin this week:
- Positive Sentiment: Lockheed is seeing strong demand in missile defense, sustainment, and autonomous systems, which supports the company’s long-term revenue outlook. Lockheed Martin sees rising demand for missile defense, sustainment, autonomous systems
- Positive Sentiment: The U.S. military awarded major defense contracts tied to F-35 and MLRS support, reinforcing Lockheed’s backlog and near-term defense spending tailwinds. LMT, RTX Win Big US Defense Contracts Worth Over $1.1B
- Positive Sentiment: Lockheed is expanding munitions capacity in Alabama, including work tied to missile defense programs such as THAAD, which points to stronger production capabilities and future revenue potential. Lockheed Martin Expands Alabama Munitions Capacity As Valuation Draws Investor Focus
- Positive Sentiment: Management commentary at Bernstein and other appearances highlighted continued demand for missile defense and F-35-related programs, which can reassure investors about the defense growth story. Lockheed Martin Corporation (LMT) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript
- Neutral Sentiment: Gastops said its ChipCHECK debris-analysis technology was validated for the Pratt & Whitney F135 engine used in the F-35, a supportive development for the broader F-35 ecosystem but not a direct Lockheed earnings catalyst. Gastops Validates ChipCHECK® Debris Analysis Technology for Pratt & Whitney F135 Engine / Lockheed Martin F-35 Lightning II
- Neutral Sentiment: News that the F-35 PTMS analysis will be completed soon and that Block 4 is viewed as underfunded may keep attention on program execution and funding risk, but it also underscores the program’s strategic importance. F-35 Program And Lockheed Martin To Finish F-35 PTMS Analysis Soon, As HASC Argues Block 4 “Underfunded”
- Negative Sentiment: Some investor focus is being weighed by valuation concerns after Citi cut its price target on LMT to $571 from $675 while keeping a Neutral rating, which may limit upside enthusiasm. Is Lockheed Martin (LMT) One of the Best Blue Chip Stocks to Buy for Your Retirement Portfolio?
Lockheed Martin Stock Down 0.2%
Shares of LMT opened at $531.80 on Thursday. Lockheed Martin Corporation has a 52 week low of $410.11 and a 52 week high of $692.00. The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 2.74. The company has a market capitalization of $122.61 billion, a price-to-earnings ratio of 25.75, a PEG ratio of 0.97 and a beta of 0.10. The stock’s 50-day moving average price is $570.82 and its 200-day moving average price is $557.72.
Lockheed Martin (NYSE:LMT – Get Free Report) last issued its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 EPS 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 analysts’ expectations of $18.38 billion. During the same quarter in the previous year, the company earned $7.28 EPS. The firm’s quarterly revenue was up .3% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. On average, sell-side analysts predict that Lockheed Martin Corporation will post 29.88 EPS for the current year.
Lockheed Martin Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Monday, June 1st will be given a dividend of $3.45 per share. The ex-dividend date is Monday, June 1st. This represents a $13.80 dividend on an annualized basis and a yield of 2.6%. Lockheed Martin’s dividend payout ratio is currently 66.83%.
Lockheed Martin Profile
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.
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