Lockheed Martin Corporation $LMT Holdings Decreased by Welch Group LLC

Posted by Stanley Muller on Jun 27th, 2026

Welch Group LLC lowered its stake in shares of Lockheed Martin Corporation (NYSE:LMT – Free Report) by 4.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 126,656 shares of the aerospace company’s stock after selling 6,028 shares during the quarter. Lockheed Martin comprises approximately 2.9% of Welch Group LLC’s investment portfolio, making the stock its 10th largest holding. Welch Group LLC’s holdings in Lockheed Martin were worth $76,549,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Charles Schwab Investment Management Inc. grew its position in Lockheed Martin by 1.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,638,936 shares of the aerospace company’s stock worth $4,178,399,000 after purchasing an additional 114,900 shares during the last quarter. Morgan Stanley increased its stake in Lockheed Martin by 10.1% during the 4th quarter. Morgan Stanley now owns 5,728,551 shares of the aerospace company’s stock valued at $2,770,729,000 after purchasing an additional 527,523 shares in the last quarter. Wellington Management Group LLP raised its holdings in shares of Lockheed Martin by 3.4% in the third quarter. Wellington Management Group LLP now owns 2,384,753 shares of the aerospace company’s stock worth $1,190,493,000 after buying an additional 79,491 shares during the last quarter. Invesco Ltd. lifted its stake in shares of Lockheed Martin by 4.2% during the third quarter. Invesco Ltd. now owns 2,196,058 shares of the aerospace company’s stock worth $1,096,294,000 after buying an additional 87,663 shares during the period. Finally, Franklin Resources Inc. lifted its stake in shares of Lockheed Martin by 0.6% during the fourth quarter. Franklin Resources Inc. now owns 1,670,284 shares of the aerospace company’s stock worth $807,866,000 after buying an additional 10,349 shares during the period. 74.19% of the stock is owned by hedge funds and other institutional investors.

Lockheed Martin Trading Up 0.3%

Shares of Lockheed Martin stock opened at $506.63 on Friday. The stock has a market cap of $116.81 billion, a PE ratio of 24.53, a price-to-earnings-growth ratio of 0.91 and a beta of 0.10. The firm has a fifty day moving average price of $526.18 and a 200 day moving average price of $566.75. Lockheed Martin Corporation has a 1 year low of $410.11 and a 1 year high of $692.00. The company has a debt-to-equity ratio of 2.74, a current ratio of 1.14 and a quick ratio of 0.94.

Lockheed Martin (NYSE:LMT – Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share for the quarter, missing the consensus estimate of $6.79 by ($0.35). The company had revenue of $18.02 billion for the quarter, compared to analysts’ expectations of $18.38 billion. Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. The firm’s revenue was up .3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $7.28 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Equities research analysts predict that Lockheed Martin Corporation will post 29.88 earnings per share for the current year.

Lockheed Martin Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 1st were given a $3.45 dividend. The ex-dividend date was Monday, June 1st. This represents a $13.80 annualized dividend and a dividend yield of 2.7%. Lockheed Martin’s dividend payout ratio (DPR) is 66.83%.

Key Lockheed Martin News

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

Positive Sentiment: Lockheed Martin won a seven-year U.S. government contract worth up to $35 billion to quadruple THAAD interceptor production, a major win that should boost backlog, sales visibility, and future earnings. THAAD procurement award article
Positive Sentiment: Analysts said the new missile contract, along with other recent Pentagon orders, strengthens the case for higher EPS as Lockheed ramps missile-defense production. Jefferies analyst note on missile contracts
Positive Sentiment: Lockheed Martin is also being viewed as a defensive, dividend-oriented name with durable government-backed revenue, which may help support the stock during broader market volatility. Dividend stock article
Neutral Sentiment: Investors are also watching a broader defense-contractor earnings comparison piece that could influence relative sentiment across the sector, including LMT. Defense contractors Q1 results article
Neutral Sentiment: Lockheed Martin was recently included in coverage about SpaceX’s military space-laser project and other defense-space partnerships, but the direct financial impact is still unclear. SpaceX military space-laser project article
Negative Sentiment: The stock also faced recent pressure, including a reported two-day decline and another session where it fell more than the broader market, suggesting some investors were taking profits before the THAAD news fully sank in. Stock down 6% in 2 days article

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. BNP Paribas Exane dropped their price objective on shares of Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating on the stock in a report on Friday, April 24th. Susquehanna lowered their price target on Lockheed Martin from $740.00 to $700.00 and set a “positive” rating for the company in a research report on Friday, April 24th. Deutsche Bank Aktiengesellschaft dropped their price target 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. Morgan Stanley cut their price objective on Lockheed Martin from $675.00 to $653.00 and set an “equal weight” rating on the stock in a report on Friday, April 24th. Finally, JPMorgan Chase & Co. reduced their price objective on Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating for the company in a research note on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $619.63.

Get 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.