Patrick Mauro Investment Advisor INC. Has $7.38 Million Stake in Lockheed Martin Corporation $LMT

Patrick Mauro Investment Advisor INC. trimmed its stake in Lockheed Martin Corporation (NYSE:LMT) by 21.2% in the 3rd quarter, HoldingsChannel reports. The firm owned 14,788 shares of the aerospace company’s stock after selling 3,989 shares during the quarter. Lockheed Martin accounts for 3.9% of Patrick Mauro Investment Advisor INC.’s portfolio, making the stock its 8th biggest position. Patrick Mauro Investment Advisor INC.’s holdings in Lockheed Martin were worth $7,382,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of LMT. Brown Brothers Harriman & Co. lifted its stake in shares of Lockheed Martin by 12.2% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 17,323 shares of the aerospace company’s stock valued at $8,648,000 after purchasing an additional 1,880 shares during the period. FreeGulliver LLC grew its stake in Lockheed Martin by 32.4% in the third quarter. FreeGulliver LLC now owns 584 shares of the aerospace company’s stock worth $292,000 after purchasing an additional 143 shares during the period. Jump Financial LLC grew its stake in Lockheed Martin by 216.7% in the third quarter. Jump Financial LLC now owns 75,115 shares of the aerospace company’s stock worth $37,498,000 after purchasing an additional 51,396 shares during the period. Invenio Wealth Partners LLC raised its holdings in Lockheed Martin by 6.8% in the third quarter. Invenio Wealth Partners LLC now owns 506 shares of the aerospace company’s stock worth $253,000 after purchasing an additional 32 shares in the last quarter. Finally, Boston Partners bought a new position in Lockheed Martin in the third quarter worth $952,000. Hedge funds and other institutional investors own 74.19% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on LMT shares. Royal Bank Of Canada boosted their target price on shares of Lockheed Martin from $615.00 to $650.00 and gave the company a “sector perform” rating in a report on Friday, January 30th. Morgan Stanley set a $675.00 price target on shares of Lockheed Martin in a research note on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Lockheed Martin from $492.00 to $611.00 and gave the company a “hold” rating in a research report on Friday, January 30th. Argus boosted their price objective on shares of Lockheed Martin from $530.00 to $735.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Finally, TD Cowen upped their price objective on shares of Lockheed Martin from $600.00 to $670.00 and gave the stock a “hold” rating in a report on Friday, January 30th. Six investment analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $618.95.

Lockheed Martin Stock Down 1.0%

NYSE:LMT opened at $646.24 on Friday. The company has a debt-to-equity ratio of 3.05, a quick ratio of 0.94 and a current ratio of 1.09. The firm has a market cap of $148.69 billion, a P/E ratio of 30.07, a P/E/G ratio of 1.18 and a beta of 0.22. Lockheed Martin Corporation has a fifty-two week low of $410.11 and a fifty-two week high of $692.00. The firm has a 50-day simple moving average of $616.53 and a two-hundred day simple moving average of $524.82.

Lockheed Martin (NYSE:LMT) last issued its earnings results on Thursday, January 29th. The aerospace company reported $5.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.33 by ($0.53). Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.The firm had revenue of $20.32 billion during the quarter, compared to the consensus estimate of $19.84 billion. During the same quarter in the prior year, the company posted $7.67 EPS. The company’s quarterly revenue was up 9.1% on a year-over-year basis. Analysts predict that Lockheed Martin Corporation will post 27.15 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Monday, March 2nd will be given a $3.45 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $13.80 annualized dividend and a yield of 2.1%. Lockheed Martin’s dividend payout ratio is 64.22%.

Lockheed Martin News Roundup

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

• Positive Sentiment: Lockheed is expanding F‑35 capabilities with new weapons, data‑sharing and production wins, supporting longer‑term aircraft revenue and backlog growth. Is LMT Expanding F-35 Capabilities to Strengthen Air Dominance?
• Positive Sentiment: Lockheed won a role providing an anti‑jamming payload for Japan’s next‑generation defense satellite communications program—an international program that should add program revenue and deepen strategic ties. Lockheed Martin Corporation (LMT) To Provide Anti-Jamming Payload For Japan’s Next-Generation Defense Satellite Communication System
• Positive Sentiment: Analysts and coverage note a defense demand tailwind—ramping munitions and system production globally—which supports multi‑year revenue visibility for primes like Lockheed. Lockheed Martin And RTX Stock: Rising Pillars Of Modern Defense
• Positive Sentiment: Firefly Aerospace’s Alpha Flight 7 successfully reached orbit and delivered a Lockheed payload—a technical validation and positive PR for Lockheed’s space customers and partners (though the immediate financial impact to Lockheed is likely limited). Firefly Aerospace Successfully Launches Alpha Flight 7
• Neutral Sentiment: Roth Capital and other coverage are focusing on Firefly’s momentum after the Alpha flight; that attention can buoy aerospace sentiment but mainly benefits smaller launch suppliers rather than big primes directly. Roth ‘encouraged’ by FireFly’s successful Alpha flight
• Neutral Sentiment: Market commentary and retrospectives (including long‑term performance pieces) reinforce Lockheed’s defensive, dividend‑paying profile—useful context but unlikely to move the stock near‑term. $1000 Invested In Lockheed Martin 20 Years Ago Would Be Worth This Much Today
• Negative Sentiment: Lockheed’s most recent quarterly report showed an EPS miss vs. estimates (and year‑over‑year EPS decline), which keeps some traders cautious on near‑term earnings momentum despite revenue growth. (This remains a primary driver of short‑term volatility.)
• Negative Sentiment: Valuation and balance‑sheet factors (premium P/E, elevated debt‑to‑equity) leave less room for disappointment vs. peers; with investors rotating into higher‑beta space and launch names, Lockheed can see short‑term selling pressure.

About Lockheed Martin

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.