Navigation Group LLC Buys Shares of 1,489 Lockheed Martin Corporation $LMT

Navigation Group LLC purchased a new position in shares of Lockheed Martin Corporation (NYSE:LMT) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,489 shares of the aerospace company’s stock, valued at approximately $900,000.

Other hedge funds have also made changes to their positions in the company. Beaumont Financial Advisors LLC lifted its position in shares of Lockheed Martin by 11.6% during the first quarter. Beaumont Financial Advisors LLC now owns 1,564 shares of the aerospace company’s stock worth $945,000 after purchasing an additional 163 shares in the last quarter. Twin Capital Management Inc. grew its holdings in shares of Lockheed Martin by 18.2% in the first quarter. Twin Capital Management Inc. now owns 5,741 shares of the aerospace company’s stock valued at $3,470,000 after purchasing an additional 884 shares in the last quarter. Good Harbor Advisors Inc. purchased a new stake in Lockheed Martin during the 1st quarter worth approximately $245,000. Harel Insurance Investments & Financial Services Ltd. increased its stake in Lockheed Martin by 41.3% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 44,104 shares of the aerospace company’s stock worth $26,656,000 after buying an additional 12,882 shares during the period. Finally, NFSG Corp lifted its holdings in Lockheed Martin by 182.0% during the 1st quarter. NFSG Corp now owns 1,644 shares of the aerospace company’s stock worth $993,000 after buying an additional 1,061 shares in the last quarter. Institutional investors and hedge funds own 74.19% of the company’s stock.

Analyst Upgrades and Downgrades

LMT has been the subject of several recent research reports. Royal Bank Of Canada decreased their price target on shares of Lockheed Martin from $650.00 to $575.00 and set a “sector perform” rating for the company in a research report on Friday, April 24th. Morgan Stanley cut their price objective on Lockheed Martin from $675.00 to $653.00 and set an “equal weight” rating on the stock in a research report on Friday, April 24th. 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. JPMorgan Chase & Co. decreased their target price on Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating for the company in a report on Tuesday, May 5th. Finally, Jefferies Financial Group set a $575.00 target price on Lockheed Martin in a research note on Thursday, June 25th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $607.58.

Lockheed Martin Stock Down 0.1%

Shares of Lockheed Martin stock opened at $514.36 on Thursday. The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 2.74. Lockheed Martin Corporation has a 52-week low of $410.11 and a 52-week high of $692.00. The company has a market capitalization of $118.59 billion, a P/E ratio of 24.91, a P/E/G ratio of 0.92 and a beta of 0.11. The company has a 50 day moving average of $521.90 and a 200 day moving average of $571.75.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings data on Thursday, April 23rd. The aerospace company reported $6.44 EPS for the quarter, missing analysts’ consensus estimates of $6.79 by ($0.35). Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. The firm had revenue of $18.02 billion during the quarter, compared to analysts’ expectations of $18.38 billion. During the same period in the prior year, the company posted $7.28 earnings per share. The company’s revenue for the quarter was up .3% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. As a group, research analysts forecast that Lockheed Martin Corporation will post 29.94 EPS for the current fiscal year.

Lockheed Martin Announces Dividend

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

Lockheed Martin News Roundup

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

• Positive Sentiment: Lockheed Martin is expanding its role in undersea warfare, highlighted by a $49 million U.S. Navy contract and deeper involvement in the submarine market, which could add to its defense backlog and signal continued demand for its naval systems. Is Lockheed Martin Expanding Its Presence in the Submarine Market?
• Positive Sentiment: Lockheed Martin also expanded its quantum training partnership with Xanadu, reinforcing its push into next-generation technology talent development and advanced computing capabilities that could support future defense programs. Xanadu and Lockheed Martin Expand Quantum Talent Pipeline
• Positive Sentiment: Machina said it won a qualification contract from Lockheed Martin for the JASSM missile program, suggesting continued supplier engagement and ongoing production support for a key missile franchise. Machina Awarded Qualification Contract from Lockheed Martin in Support of JASSM Program
• Neutral Sentiment: Commentary around defense and space spending, including “Golden Dome” and broader missile-defense demand, underscores the long-term opportunity for Lockheed Martin, but it does not reflect a direct company-specific catalyst. Missed Out On The SpaceX IPO? Buy These Industrial Giants Instead.
• Negative Sentiment: Despite the positive contract news, Lockheed Martin stock has been falling recently, with market coverage pointing to a weaker share performance versus the broader market and investor concern around near-term momentum. Lockheed Martin (LMT) Stock Sinks As Market Gains: What You Should Know
• Negative Sentiment: One analyst-style comparison argued General Dynamics may be better positioned for naval dominance than Lockheed Martin, citing concerns about free cash flow and the need for the company’s $3.45 billion Ultra Maritime acquisition to pay off. Lockheed Martin Vs. General Dynamics: Pick General Dynamics for Naval Dominance Despite Lockheed’s $3.5 Billion Ultra Maritime Acquisition

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.