Senator Tommy Tuberville (Republican-Alabama) recently sold shares of Lockheed Martin Corporation (NYSE:LMT). In a filing disclosed on July 16th, the Senator disclosed that they had sold between $15,001 and $50,000 in Lockheed Martin stock on June 8th.
Senator Tommy Tuberville also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Wabtec (NYSE:WAB) on 6/9/2026.
- Sold $15,001 – $50,000 in shares of American Water Works (NYSE:AWK) on 6/8/2026.
- Sold $15,001 – $50,000 in shares of CSX (NASDAQ:CSX) on 6/8/2026.
- Sold $15,001 – $50,000 in shares of Duke Energy (NYSE:DUK) on 6/8/2026.
- Sold $15,001 – $50,000 in shares of Mastercard (NYSE:MA) on 6/8/2026.
- Sold $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 6/8/2026.
- Sold $15,001 – $50,000 in shares of Pfizer (NYSE:PFE) on 6/8/2026.
- Sold $15,001 – $50,000 in shares of Procter & Gamble (NYSE:PG) on 6/8/2026.
- Sold $1,001 – $15,000 in shares of Tractor Supply (NASDAQ:TSCO) on 6/8/2026.
Lockheed Martin Stock Performance
LMT traded down $4.59 on Friday, hitting $508.93. 1,273,740 shares of the company traded hands, compared to its average volume of 1,052,772. Lockheed Martin Corporation has a 12-month low of $410.11 and a 12-month 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 50 day moving average of $521.95 and a 200-day moving average of $571.52. The stock has a market capitalization of $117.34 billion, a PE ratio of 24.65, a PEG ratio of 0.92 and a beta of 0.11.
Lockheed Martin Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 1st were issued a $3.45 dividend. This represents a $13.80 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Monday, June 1st. Lockheed Martin’s payout ratio is presently 66.83%.
Wall Street Analysts Forecast Growth
A number of brokerages recently weighed in on LMT. Deutsche Bank Aktiengesellschaft reduced their target price on Lockheed Martin from $615.00 to $575.00 and set a “hold” rating on the stock in a report on Friday, April 24th. Sanford C. Bernstein restated a “market perform” rating on shares of Lockheed Martin in a report on Friday, May 29th. TD Cowen reduced their price objective on Lockheed Martin from $600.00 to $560.00 and set a “hold” rating on the stock in a research note on Monday, July 13th. Weiss Ratings cut Lockheed Martin from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday. Finally, BNP Paribas Exane reduced their price target on shares of Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating on the stock in a research report on Friday, April 24th. 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 given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $607.58.
View Our Latest Report on Lockheed Martin
Institutional Investors Weigh In On Lockheed Martin
Several institutional investors and hedge funds have recently bought and sold shares of LMT. Welch Group LLC lifted its stake in Lockheed Martin by 1.5% in the fourth quarter. Welch Group LLC now owns 132,684 shares of the aerospace company’s stock valued at $64,175,000 after buying an additional 1,999 shares in the last quarter. World Investment Advisors raised its holdings in shares of Lockheed Martin by 54.7% during the fourth quarter. World Investment Advisors now owns 14,739 shares of the aerospace company’s stock worth $7,129,000 after acquiring an additional 5,214 shares during the period. SG Americas Securities LLC lifted its position in Lockheed Martin by 5.4% in the 1st quarter. SG Americas Securities LLC now owns 276,383 shares of the aerospace company’s stock valued at $167,043,000 after acquiring an additional 14,150 shares in the last quarter. Secured Retirement Advisors LLC increased its holdings in Lockheed Martin by 288.6% during the 4th quarter. Secured Retirement Advisors LLC now owns 3,128 shares of the aerospace company’s stock worth $1,513,000 after purchasing an additional 2,323 shares in the last quarter. Finally, Savvy Advisors Inc. raised its stake in shares of Lockheed Martin by 59.4% in the 4th quarter. Savvy Advisors Inc. now owns 7,637 shares of the aerospace company’s stock valued at $3,694,000 after purchasing an additional 2,847 shares during the period. Institutional investors and hedge funds own 74.19% of the company’s stock.
Key Headlines Impacting Lockheed Martin
Here are the key news stories impacting Lockheed Martin this week:
- Positive Sentiment: Lockheed Martin won a major U.S. Special Operations Command logistics and sustainment contract, adding to its defense backlog and improving revenue visibility. Lockheed Martin to Provide Next-Generation Logistics and Sustainment Support for U.S. Special Operations Command Under New Contract
- Positive Sentiment: The company is expanding missile production under new U.S. agreements, benefiting from rising demand for air and missile defense systems. Can Lockheed Martin’s Missile Defense Business Power Long-Term Growth?
- Positive Sentiment: Lockheed Martin Ventures is opening a London office and earmarking at least $100 million for investments in U.K. and European defense technologies, which could strengthen its long-term innovation pipeline. Lockheed Martin Earmarks $100 Million for Venture Capital Investments in U.K., Europe
About Senator Tuberville
Tommy Tuberville (Republican Party) (also known as Coach) is a member of the U.S. Senate from Alabama. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Tuberville (Republican Party) ran for election to the U.S. Senate to represent Alabama. He won in the general election on November 3, 2020. Tuberville was head coach for several college football teams between 1995 and 2016, including at Auburn University and the University of Cincinnati. Tommy Tuberville was born in Camden, Arkansas, and lives in Auburn, Alabama. Tuberville’s career experience includes working as a studio analyst with ESPN and as the head football coach of the University of Mississippi, the University of Auburn, Texas Tech University, and the University of Cincinnati.
Lockheed Martin Company 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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