Lockheed Martin Corporation $LMT Position Trimmed by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB lowered its stake in Lockheed Martin Corporation (NYSE:LMT) by 55.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,777 shares of the aerospace company’s stock after selling 3,398 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Lockheed Martin were worth $1,386,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Carnegie Investment Counsel raised its stake in Lockheed Martin by 11.4% during the 3rd quarter. Carnegie Investment Counsel now owns 29,639 shares of the aerospace company’s stock valued at $14,796,000 after purchasing an additional 3,031 shares during the period. VCI Wealth Management LLC acquired a new stake in shares of Lockheed Martin in the third quarter worth $3,075,000. DAVENPORT & Co LLC grew its holdings in shares of Lockheed Martin by 22.4% during the third quarter. DAVENPORT & Co LLC now owns 25,423 shares of the aerospace company’s stock valued at $12,688,000 after buying an additional 4,652 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in shares of Lockheed Martin by 29.2% during the third quarter. Farther Finance Advisors LLC now owns 10,036 shares of the aerospace company’s stock valued at $5,010,000 after buying an additional 2,270 shares in the last quarter. Finally, Oppenheimer & Co. Inc. raised its position in Lockheed Martin by 9.3% during the third quarter. Oppenheimer & Co. Inc. now owns 39,410 shares of the aerospace company’s stock valued at $19,674,000 after buying an additional 3,352 shares during the period. 74.19% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on LMT shares. Citigroup raised their price objective on Lockheed Martin from $592.00 to $673.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Royal Bank Of Canada upped their target price on Lockheed Martin from $615.00 to $650.00 and gave the company a “sector perform” rating in a report on Friday, January 30th. Sanford C. Bernstein reissued a “market perform” rating and issued a $654.00 price target on shares of Lockheed Martin in a research report on Friday, February 6th. Morgan Stanley set a $675.00 price objective on shares of Lockheed Martin in a research report on Wednesday, February 4th. Finally, TD Cowen upped their price objective on shares of Lockheed Martin from $600.00 to $670.00 and gave the company a “hold” rating in a research note on Friday, January 30th. Six investment analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $623.16.

More Lockheed Martin News

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

• Positive Sentiment: Susquehanna raised its price target on LMT to $740 and kept a positive rating, signaling analyst conviction and suggesting material upside vs. recent levels. Benzinga — Susquehanna Raises Price Target
• Positive Sentiment: The Pentagon has proposed roughly $200 billion tied to the Iran conflict and U.S. political leaders (including former President Trump) are publicly defending higher defense budgets — a major demand tailwind for prime contractors like Lockheed across missiles, munitions and aircraft programs. Barron’s — Pentagon Seeks $200 Billion
• Positive Sentiment: Greece’s “Achilles Shield” air‑defense upgrade cleared a major hurdle and includes orders for Lockheed equipment, creating near‑term procurement opportunities in Europe. Fool — What Is the “Achilles Shield” and How Is Lockheed Martin Involved?
• Positive Sentiment: Lockheed selected Fortem Technologies for integrated counter‑drone systems, expanding its C‑UAS offerings and addressable market in infrastructure and homeland security. BusinessWire — Lockheed Martin Selects Fortem Technologies
• Neutral Sentiment: Several analyst and media pieces (including Motley Fool and Seeking Alpha) reiterate long-term structural demand for missile defense and recapitalization cycles, but differ on timing and magnitude — supportive for the thesis but not an immediate earnings inflection. Fool — Should You Buy Lockheed Martin Stock Right Now?
• Neutral Sentiment: Coverage noting Greece’s spending includes Lockheed orders but calls the program “not a game changer,” which moderates upside expectations from that specific deal. Fool — Will Greece’s New Air Defense Plan Boost Lockheed Martin’s Stock?
• Negative Sentiment: The Army’s Dark Eagle hypersonic program — led by Lockheed — faces testing and data shortfalls; officials flag insufficient operational data and production/sequence issues even as deployment is described as “weeks away,” raising execution and schedule risk. QuiverQuant — Dark Eagle Deployment and Testing Worries

Lockheed Martin Trading Down 0.9%

NYSE:LMT opened at $636.25 on Friday. The company’s 50 day moving average is $626.73 and its 200-day moving average is $529.93. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 3.05. Lockheed Martin Corporation has a 12 month low of $410.11 and a 12 month high of $692.00. The firm has a market cap of $146.39 billion, a price-to-earnings ratio of 29.61, a P/E/G ratio of 1.16 and a beta of 0.22.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings data 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). The firm had revenue of $20.32 billion for the quarter, compared to the consensus estimate of $19.84 billion. Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.Lockheed Martin’s quarterly revenue was up 9.1% on a year-over-year basis. During the same period in the prior year, the company posted $7.67 earnings per share. Equities analysts anticipate that Lockheed Martin Corporation will post 27.15 EPS for the current year.

Lockheed Martin Dividend Announcement

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 dividend of $3.45 per share. This represents a $13.80 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Monday, March 2nd. Lockheed Martin’s payout ratio is currently 64.22%.

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.