Lockheed Martin Corporation $LMT Stock Holdings Lessened by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC reduced its stake in shares of Lockheed Martin Corporation (NYSE:LMT) by 2.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 127,595 shares of the aerospace company’s stock after selling 2,879 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Lockheed Martin were worth $77,117,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Diamant Asset Management Inc. lifted its position in Lockheed Martin by 60,339.0% in the 1st quarter. Diamant Asset Management Inc. now owns 879,387 shares of the aerospace company’s stock worth $531,493,000 after buying an additional 877,932 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of Lockheed Martin by 107.3% during the 4th quarter. AQR Capital Management LLC now owns 1,293,823 shares of the aerospace company’s stock valued at $625,784,000 after buying an additional 669,604 shares during the period. Morgan Stanley grew its holdings in shares of 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 acquiring an additional 527,523 shares in the last quarter. Sanders Capital LLC purchased a new position in shares of Lockheed Martin during the 3rd quarter valued at $252,699,000. Finally, Corient Private Wealth LLC increased its stake in shares of Lockheed Martin by 203.3% in the fourth quarter. Corient Private Wealth LLC now owns 560,363 shares of the aerospace company’s stock worth $271,031,000 after acquiring an additional 375,622 shares during the last quarter. 74.19% of the stock is owned by hedge funds and other institutional investors.

Lockheed Martin News Roundup

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

Lockheed Martin Stock Up 0.3%

Lockheed Martin stock opened at $506.63 on Friday. The company has a current ratio of 1.14, a quick ratio of 0.94 and a debt-to-equity ratio of 2.74. Lockheed Martin Corporation has a 1-year low of $410.11 and a 1-year high of $692.00. The firm’s fifty day simple moving average is $526.18 and its 200-day simple moving average is $566.75. The company has a market capitalization of $116.81 billion, a P/E ratio of 24.53, a P/E/G ratio of 0.92 and a beta of 0.10.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings data on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share (EPS) 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 the consensus estimate of $18.38 billion. Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The company’s revenue for the quarter was up .3% on a year-over-year basis. During the same quarter in the prior year, the company posted $7.28 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Sell-side analysts forecast that Lockheed Martin Corporation will post 29.88 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

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

Analysts Set New Price Targets

Several analysts recently issued reports on LMT shares. Susquehanna cut their price objective on Lockheed Martin from $740.00 to $700.00 and set a “positive” rating for the company in a report on Friday, April 24th. JPMorgan Chase & Co. lowered their target price on Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 5th. Citigroup dropped their target price on Lockheed Martin from $675.00 to $571.00 and set a “neutral” rating on the stock in a research report on Monday, May 18th. Wall Street Zen downgraded Lockheed Martin from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. Finally, TD Cowen reduced their price target on Lockheed Martin from $670.00 to $600.00 and set a “hold” rating for the company in a report on Friday, April 24th. One 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $619.63.

Lockheed Martin 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.