Truist Financial Corp Buys 12,804 Shares of Lockheed Martin Corporation $LMT

Truist Financial Corp raised its stake in shares of Lockheed Martin Corporation (NYSE:LMT) by 4.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 308,023 shares of the aerospace company’s stock after purchasing an additional 12,804 shares during the quarter. Truist Financial Corp’s holdings in Lockheed Martin were worth $148,982,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. Altrius Capital Management Inc raised its holdings in Lockheed Martin by 1.7% during the 4th quarter. Altrius Capital Management Inc now owns 11,347 shares of the aerospace company’s stock valued at $5,489,000 after buying an additional 194 shares during the last quarter. Sun Financial Inc purchased a new position in Lockheed Martin during the 4th quarter valued at $428,000. Pachira Investments Inc. increased its position in Lockheed Martin by 21.3% during the 4th quarter. Pachira Investments Inc. now owns 5,788 shares of the aerospace company’s stock valued at $2,800,000 after purchasing an additional 1,017 shares during the period. Montag A & Associates Inc. increased its position in Lockheed Martin by 1.6% during the 4th quarter. Montag A & Associates Inc. now owns 7,301 shares of the aerospace company’s stock valued at $3,531,000 after purchasing an additional 112 shares during the period. Finally, Woodard & Co. Asset Management Group Inc. ADV increased its position in Lockheed Martin by 23.1% during the 4th quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 533 shares of the aerospace company’s stock valued at $258,000 after purchasing an additional 100 shares during the period. 74.19% of the stock is currently owned by institutional investors.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Selected by U.S. Space Force to develop capabilities for the Space‑Based Interceptor (SBI) program — strengthens Lockheed’s position in high-priority space missile‑defense work and supports multi‑year program revenue. Lockheed Martin Awarded U.S. Space Force Space-Based Interceptor Contracts to Meet Layered Missile Defense Demand
• Positive Sentiment: Secured a $1.13 billion U.S. Army HIMARS production contract — provides near‑term funded work, supports backlog and cash‑flow runway through 2028. Lockheed Martin (LMT) Secures $1.13 Billion Contract for HIMARS Production
• Positive Sentiment: Analyst/commentary notes that the recent ~27% slide may have overshot fundamentals — large backlog and valuation make a buy case for long‑term investors. This framing can attract value buyers if execution stabilizes. Lockheed Martin (LMT) Slid 27%. The Backlog and Valuation Still Point to a Buy
• Neutral Sentiment: Analysis argues last week’s Q1 miss may reset expectations and create a buying opportunity because management kept full‑year guidance intact and some segments (Missiles/Space) remain resilient. Watch whether Q2 proves improvement. Why Lockheed’s Earnings Miss Could Be a Blessing in Disguise
• Neutral Sentiment: Coverage of an emerging AI/robotics partner (XTEND) and defense‑tech startups highlights potential technology collaborations but remains speculative until formal program wins scale. Is This Pre-IPO AI Robotics Company the Next Big Defense Play? (LMT)
• Negative Sentiment: Peer L3Harris reported a Q1 beat and raised 2026 guidance — stronger results at competitors can siphon investor interest and highlight execution gaps at Lockheed. L3Harris Technologies Increases 2026 Earnings Guidance Following First-Quarter Beat
• Negative Sentiment: Commentary on the expanding autonomous/drone economy suggests thematic flows may favor next‑gen, smaller defense names over legacy primes — a structural headwind for sentiment if allocation trends continue. Q2 Symposium: 4 Key Drivers Powering Global Drone Economy

Analyst Upgrades and Downgrades

LMT has been the topic of a number of research analyst reports. Bank of America reduced their price objective on shares of Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating on the stock in a research report on Friday, April 24th. Wells Fargo & Company initiated coverage on shares of Lockheed Martin in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $650.00 price objective on the stock. Weiss Ratings downgraded shares of Lockheed Martin from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday. The Goldman Sachs Group boosted their price objective on shares of Lockheed Martin from $464.00 to $517.00 and gave the company a “sell” rating in a research report on Monday, February 2nd. Finally, Jefferies Financial Group reissued a “hold” rating and set a $595.00 price objective on shares of Lockheed Martin in a research report on Sunday, April 26th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Lockheed Martin presently has a consensus rating of “Hold” and a consensus price target of $632.58.

Lockheed Martin Stock Up 0.0%

NYSE:LMT opened at $512.82 on Monday. The firm’s 50-day moving average price is $617.05 and its 200-day moving average price is $553.72. The company has a market capitalization of $118.24 billion, a PE ratio of 24.83, a P/E/G ratio of 0.93 and a beta of 0.10. 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 Corporation has a 1-year low of $410.11 and a 1-year high of $692.00.

Lockheed Martin (NYSE:LMT) last released 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 during the quarter, compared to analysts’ expectations of $18.38 billion. Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The firm’s quarterly revenue was up .3% compared to the same quarter last year. During the same period in the prior year, the company earned $7.28 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. On average, equities analysts predict that Lockheed Martin Corporation will post 29.91 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 2nd were given a $3.45 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.7%. Lockheed Martin’s dividend payout ratio is currently 66.83%.

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.