Silver Oak Securities Incorporated boosted its holdings in Lockheed Martin Corporation (NYSE:LMT – Free Report) by 67.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,343 shares of the aerospace company’s stock after purchasing an additional 1,344 shares during the period. Silver Oak Securities Incorporated’s holdings in Lockheed Martin were worth $2,021,000 as of its most recent SEC filing.
Several other large investors have also recently made changes to their positions in LMT. Cerro Pacific Wealth Advisors LLC raised its stake in shares of Lockheed Martin by 1.2% during the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 1,376 shares of the aerospace company’s stock worth $665,000 after purchasing an additional 16 shares during the period. Garner Asset Management Corp grew its position in Lockheed Martin by 0.9% during the fourth quarter. Garner Asset Management Corp now owns 1,735 shares of the aerospace company’s stock valued at $839,000 after buying an additional 16 shares during the period. Davis R M Inc. increased its holdings in Lockheed Martin by 1.3% during the fourth quarter. Davis R M Inc. now owns 1,264 shares of the aerospace company’s stock worth $612,000 after buying an additional 16 shares during the last quarter. Broadway Wealth Solutions Inc. increased its holdings in Lockheed Martin by 3.6% during the fourth quarter. Broadway Wealth Solutions Inc. now owns 484 shares of the aerospace company’s stock worth $234,000 after buying an additional 17 shares during the last quarter. Finally, Aspire Growth Partners LLC increased its holdings in Lockheed Martin by 0.7% during the fourth quarter. Aspire Growth Partners LLC now owns 2,515 shares of the aerospace company’s stock worth $1,217,000 after buying an additional 17 shares during the last quarter. 74.19% of the stock is owned by hedge funds and other institutional investors.
Lockheed Martin News Summary
Here are the key news stories impacting Lockheed Martin this week:
- Positive Sentiment: The U.S. government awarded Lockheed Martin a seven-year contract action worth up to $35 billion to quadruple production of THAAD missile interceptors, a major win that should boost revenue visibility and strengthen the company’s defense backlog. Article Title
- Positive Sentiment: The THAAD award comes as the U.S. is pushing defense contractors to ramp up weapons production, suggesting Lockheed could benefit from sustained demand tied to replenishing missile stockpiles and higher military readiness spending. Article Title
- Neutral Sentiment: Lockheed Martin also appeared in comparison and investor-interest coverage, which highlights ongoing attention to its valuation, backlog, and debt profile, but these pieces did not present a clear new catalyst. Article Title
- Negative Sentiment: The stock has been falling more than the broader market recently, with recent articles pointing to weakness over the last couple of sessions and investor concern around geopolitical noise and near-term momentum. Article Title
Lockheed Martin Trading Down 2.4%
Lockheed Martin (NYSE:LMT – Get Free Report) last issued 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). The business had revenue of $18.02 billion for the quarter, compared to the consensus estimate of $18.38 billion. Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.Lockheed Martin’s revenue for the quarter was up .3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $7.28 EPS. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. As a group, research analysts anticipate that Lockheed Martin Corporation will post 29.88 EPS for the current year.
Lockheed Martin Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Monday, June 1st will be issued a $3.45 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $13.80 annualized dividend and a yield of 2.8%. Lockheed Martin’s dividend payout ratio (DPR) is 66.83%.
Wall Street Analysts Forecast Growth
A number of research analysts have weighed in on the stock. Citigroup dropped their target price on shares of Lockheed Martin from $675.00 to $571.00 and set a “neutral” rating on the stock in a research note on Monday, May 18th. Wall Street Zen lowered shares of Lockheed Martin from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. JPMorgan Chase & Co. lowered their price target on shares of Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating on the stock in a report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft dropped their price objective on Lockheed Martin from $615.00 to $575.00 and set a “hold” rating on the stock in a research note on Friday, April 24th. Finally, Sanford C. Bernstein reissued a “market perform” rating on shares of Lockheed Martin in a report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $620.68.
View Our Latest Research Report on Lockheed Martin
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.
Read More
- Five stocks we like better than Lockheed Martin
- Why KB Home Could Reward Patient Investors Later
- Meta’s Internal Turmoil: Morale Nears 20-Year Low at the Wrong Time
- Tesla’s New NHTSA Probe Lands at the Worst Possible Time
- Nano Nuclear’s AI Data Center Deal Puts the Stock Back in Focus
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.
