Park National Corp OH cut its position in shares of Lockheed Martin Corporation (NYSE:LMT – Free Report) by 49.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,698 shares of the aerospace company’s stock after selling 6,477 shares during the quarter. Park National Corp OH’s holdings in Lockheed Martin were worth $3,240,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Holos Integrated Wealth LLC acquired a new position in Lockheed Martin in the 4th quarter valued at approximately $315,000. Aspen Wealth Management LLC grew its holdings in shares of Lockheed Martin by 27.8% during the 4th quarter. Aspen Wealth Management LLC now owns 1,107 shares of the aerospace company’s stock worth $536,000 after purchasing an additional 241 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Lockheed Martin by 6.0% during the 4th quarter. GAMMA Investing LLC now owns 6,140 shares of the aerospace company’s stock worth $2,970,000 after purchasing an additional 347 shares in the last quarter. Lindenwold Advisors INC increased its position in shares of Lockheed Martin by 1.1% during the third quarter. Lindenwold Advisors INC now owns 3,378 shares of the aerospace company’s stock valued at $1,686,000 after purchasing an additional 38 shares during the period. Finally, Stillwater Wealth Management Group bought a new stake in shares of Lockheed Martin during the third quarter valued at approximately $2,506,000. 74.19% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
LMT has been the subject of several research reports. Truist Financial raised their target price on Lockheed Martin from $605.00 to $695.00 and gave the stock a “buy” rating in a research report on Friday, January 30th. TD Cowen boosted their price target on shares of Lockheed Martin from $600.00 to $670.00 and gave the company a “hold” rating in a report on Friday, January 30th. Weiss Ratings cut shares of Lockheed Martin from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, March 6th. DZ Bank downgraded shares of Lockheed Martin from a “buy” rating to a “hold” rating and set a $665.00 price objective for the company. in a report on Tuesday, February 3rd. Finally, JPMorgan Chase & Co. lifted their target price on shares of Lockheed Martin from $515.00 to $680.00 and gave the company a “neutral” rating in a research report on Friday, January 30th. Six equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Lockheed Martin has an average rating of “Hold” and a consensus target price of $623.16.
Lockheed Martin Stock Performance
NYSE LMT opened at $636.25 on Friday. The firm has a market cap of $146.39 billion, a price-to-earnings ratio of 29.61, a PEG ratio of 1.16 and a beta of 0.22. The company has a 50 day moving average of $626.73 and a 200-day moving average of $529.93. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 3.05. Lockheed Martin Corporation has a 1-year low of $410.11 and a 1-year high of $692.00.
Lockheed Martin (NYSE:LMT – Get Free Report) last posted its earnings results on Thursday, January 29th. The aerospace company reported $5.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $6.33 by ($0.53). The firm had revenue of $20.32 billion during the quarter, compared to the consensus estimate of $19.84 billion. Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The business’s revenue was up 9.1% on a year-over-year basis. During the same quarter last year, the firm posted $7.67 EPS. On average, equities analysts forecast 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. Shareholders of record on Monday, March 2nd will be paid a $3.45 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $13.80 dividend on an annualized basis and a yield of 2.2%. Lockheed Martin’s payout ratio is currently 64.22%.
More Lockheed Martin News
Here are the key news stories impacting Lockheed Martin this week:
- Positive Sentiment: Pentagon seeks a roughly $200 billion supplemental tied to the Iran conflict, a request that would drive near-term replenishment and new procurement for missile/air-defense systems that benefit Lockheed’s core businesses. Pentagon Seeks $200 Billion for Iran War
- Positive Sentiment: Susquehanna raised its price target on LMT to $740 and kept a positive rating, signaling analyst confidence and adding upside to investor estimates. Benzinga Report
- Positive Sentiment: Greece’s $36 billion air-defense plan includes orders for Lockheed equipment — a revenue tailwind but described as incremental rather than transformational for the company’s shares. Will Greece’s New Air Defense Plan Boost Lockheed Martin’s Stock?
- Positive Sentiment: Lockheed has a tactical contract to integrate Fortem Technologies’ counter‑drone sensors and interceptors with its Sanctum C‑UAS software — a small but strategic move into layered infrastructure protection. Lockheed Martin Selects Fortem Technologies
- Positive Sentiment: Analysis arguing a “missile-defense supercycle” from drone and Shahed-style threats highlights Lockheed’s large backlog and program exposure (THAAD, PAC‑3), supporting a longer‑term growth thesis. The Shahed Drone War Is Creating A Missile Defense Supercycle
- Neutral Sentiment: Defense-sector momentum and ETFs are rallying amid geopolitical risk, lifting peers and creating a positive backdrop for Lockheed; this is macro-driven and may or may not translate to outsized LMT moves. Defense Stocks Are Surging and This ETF Lets You Collect Dividends
- Neutral Sentiment: A range of aerospace/space items (e.g., Firefly’s flight return) and broader sector headlines are in play but have limited direct impact on Lockheed’s large prime-contractor profile. Firefly Aerospace Announces Fourth Quarter Results
- Negative Sentiment: Program-level execution risk: the Army’s Dark Eagle hypersonic program (led by Lockheed) is being positioned for near-term deployment but Pentagon testing reports flag insufficient data and past test/production issues — a source of investor uncertainty on timelines and costs. Army Says Dark Eagle Hypersonic Deployment Is Weeks Away
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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