Lockheed Martin Corporation $LMT Shares Sold by Eagle Rock Investment Company LLC

Eagle Rock Investment Company LLC cut its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 35.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,659 shares of the aerospace company’s stock after selling 918 shares during the quarter. Eagle Rock Investment Company LLC’s holdings in Lockheed Martin were worth $845,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Trifecta Capital Advisors LLC increased its holdings in Lockheed Martin by 1.2% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 11,407 shares of the aerospace company’s stock valued at $5,809,000 after purchasing an additional 133 shares during the last quarter. Crossmark Global Holdings Inc. raised its position in Lockheed Martin by 0.6% in the third quarter. Crossmark Global Holdings Inc. now owns 3,239 shares of the aerospace company’s stock valued at $1,649,000 after purchasing an additional 19 shares during the period. Albion Financial Group UT lifted its stake in Lockheed Martin by 1.6% during the third quarter. Albion Financial Group UT now owns 28,830 shares of the aerospace company’s stock worth $14,682,000 after purchasing an additional 453 shares in the last quarter. Ellis Investment Partners LLC lifted its stake in Lockheed Martin by 3.1% during the third quarter. Ellis Investment Partners LLC now owns 806 shares of the aerospace company’s stock worth $411,000 after purchasing an additional 24 shares in the last quarter. Finally, Sawyer & Company Inc acquired a new position in Lockheed Martin during the third quarter worth $116,000. 74.19% of the stock is owned by institutional investors and hedge funds.

Lockheed Martin Stock Performance

Shares of LMT stock opened at $551.76 on Thursday. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 2.34. Lockheed Martin Corporation has a 52 week low of $437.25 and a 52 week high of $692.00. The stock has a market capitalization of $127.34 billion, a PE ratio of 19.08, a P/E/G ratio of 1.18 and a beta of 0.09. The firm has a 50 day moving average of $538.78 and a two-hundred day moving average of $542.10.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings results on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, topping the consensus estimate of $7.22 by $0.72. The business had revenue of $20.06 billion during the quarter, compared to the consensus estimate of $19.34 billion. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The company’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.46 earnings per share. On average, research analysts predict that Lockheed Martin Corporation will post 30.43 EPS for the current fiscal year.

Lockheed Martin Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 1st will be issued a $3.60 dividend. This represents a $14.40 dividend on an annualized basis and a yield of 2.6%. This is a boost from Lockheed Martin’s previous quarterly dividend of $3.45. The ex-dividend date is Tuesday, December 1st. Lockheed Martin’s dividend payout ratio (DPR) is 50.87%.

Wall Street Analyst Weigh In

LMT has been the topic of several research analyst reports. Rothschild & Co Redburn started coverage on Lockheed Martin in a report on Tuesday, October 6th. They issued a “buy” rating and a $650.00 price objective on the stock. Royal Bank Of Canada lowered their target price on Lockheed Martin from $600.00 to $550.00 and set a “sector perform” rating for the company in a report on Thursday, October 15th. Weiss Ratings upgraded Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 9th. Citigroup lifted their target price on Lockheed Martin from $641.00 to $691.00 and gave the company a “buy” rating in a research report on Thursday, August 13th. Finally, Vertical Research upgraded shares of Lockheed Martin from a “hold” rating to a “buy” rating and set a $600.00 price target on the stock in a research note on Wednesday, October 14th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Lockheed Martin currently has an average rating of “Moderate Buy” and an average target price of $627.10.

Lockheed Martin News Summary

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

• Positive Sentiment: Lockheed’s role in missile-defense expansion was highlighted by a seven-year, $218 million agreement with Karman Space & Defense to supply THAAD missile shrouds. The contract supports production visibility across Lockheed’s supply chain and underscores sustained Pentagon demand for interceptors. Intercepting Growth: Karman Secures $218M Lockheed Martin Deal
• Positive Sentiment: Lockheed is also expanding munitions manufacturing capacity with Hadrian, potentially helping address constrained production and replenish allied inventories. The broader defense sector is benefiting from increased government spending and multiyear procurement programs. Inside the Lockheed-Hadrian deal promising more munitions
• Positive Sentiment: Analysts expect quarterly earnings of approximately $7.52 per share on $20.46 billion in revenue. Investors are looking for another strong result, backlog commentary and confirmation of full-year guidance after Lockheed previously reported substantial earnings and revenue growth. Lockheed Martin Q3 Preview
• Neutral Sentiment: Lockheed’s free-cash-flow yield and dividend profile may attract income-oriented investors, particularly as the shares trade well below their highs. However, the market appears to be weighing that cash generation against concerns that growth could moderate. Why Is Everyone Ignoring Lockheed Martin Stock’s High Cash Yield?
• Negative Sentiment: Key risks include political uncertainty around defense budgets, rising competition and the possibility that a record backlog will take longer to convert into profitable cash flow. These concerns have contributed to LMT’s pullback from its 52-week high. Lockheed Martin stock flashes a risky pattern

Lockheed Martin Company Profile

Lockheed Martin Corporation is a global security and aerospace company headquartered in Bethesda, Maryland. Formed in 1995 through the merger of Lockheed Corporation and Martin Marietta, the company develops and produces advanced defense, aerospace, and technology systems for government and commercial customers.

Its principal business areas include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. Products and services include military aircraft such as the F-35 Lightning II, C-130 Hercules, and F-16 Fighting Falcon; missile-defense and precision-strike systems; helicopters and naval systems; command, control, communications, and intelligence technologies; satellites; space exploration systems; and other classified space and defense programs.

Lockheed Martin serves the U.S.