Lockheed Martin Corporation $LMT Stock Holdings Lessened by Wealthfront Advisers LLC

Wealthfront Advisers LLC trimmed its stake in Lockheed Martin Corporation (NYSE:LMT) by 5.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,999 shares of the aerospace company’s stock after selling 1,246 shares during the quarter. Wealthfront Advisers LLC’s holdings in Lockheed Martin were worth $11,124,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in LMT. United Financial Planning Group LLC purchased a new stake in shares of Lockheed Martin in the third quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC lifted its position in shares of Lockheed Martin by 285.7% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the aerospace company’s stock worth $27,000 after purchasing an additional 40 shares in the last quarter. Grey Fox Wealth Advisors LLC purchased a new stake in shares of Lockheed Martin in the third quarter worth approximately $27,000. Beacon Financial Strategies CORP bought a new position in Lockheed Martin during the fourth quarter valued at approximately $34,000. Finally, Pilgrim Partners Asia Pte Ltd bought a new position in Lockheed Martin during the third quarter valued at approximately $35,000. 74.19% of the stock is owned by hedge funds and other institutional investors.

Lockheed Martin Trading Down 0.5%

Shares of LMT stock opened at $509.80 on Thursday. Lockheed Martin Corporation has a 12 month low of $410.11 and a 12 month high of $692.00. The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 2.74. The business’s 50 day moving average is $620.01 and its two-hundred day moving average is $553.28. The company has a market cap of $117.54 billion, a PE ratio of 24.69, a price-to-earnings-growth ratio of 0.93 and a beta of 0.23.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings results on Thursday, April 23rd. The aerospace company reported $6.44 EPS for the quarter, missing the consensus estimate of $6.79 by ($0.35). Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. The company had revenue of $18.02 billion for the quarter, compared to analyst estimates of $18.38 billion. During the same quarter last year, the business earned $7.28 EPS. 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. Equities analysts predict that Lockheed Martin Corporation will post 29.93 EPS for the current year.

Lockheed Martin Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 2nd were issued a dividend of $3.45 per share. This represents a $13.80 annualized dividend and a yield of 2.7%. The ex-dividend date was Monday, March 2nd. Lockheed Martin’s dividend payout ratio (DPR) is 66.83%.

More Lockheed Martin News

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

• Positive Sentiment: Skunk Works and space/aircraft program progress: Lockheed’s MDCX command?and?control platform helped power the MQ?25A Stingray flight and the company won a role on the U.S. Space Force “Golden Dome” interceptor effort while advancing GPS III/IIIF work — concrete program wins that reinforce LMT’s positioning in next?generation air, space and missile defense and support medium/longer?term revenue visibility. Is Lockheed Martin’s (LMT) Golden Dome Role Quietly Redefining Its Advanced Defense Technology Narrative?
• Positive Sentiment: MDCX autonomy milestone: the MDCX backbone supporting the MQ?25A autonomous refueling drone is a proof point for Lockheed’s move into open?architecture command, control and autonomy — a higher?margin, software?and?systems narrative that can reframe valuation over time. Lockheed Martin MDCX Powers MQ-25A Flight And Reshapes LMT Valuation Narrative
• Positive Sentiment: Strategic partnerships in autonomy and drones (e.g., integrations with advanced AI drone firms) deepen Lockheed’s addressable market in unmanned systems and command?and?control software, supporting the company’s shift toward higher software content and recurring?style revenue.
• Neutral Sentiment: Defense ecosystem financing/innovation: new startups and funding rounds (e.g., drone manufacturing and autonomy plays) broaden the supplier/partner base — potential for both collaboration and competition but not an immediate earnings driver for LMT. Firestorm Labs raises $82M to take drone factories into the field
• Negative Sentiment: Competitive pressure: General Dynamics (GD) reported a stronger?than?expected Q1 and raised its full?year outlook, drawing investor attention and rotation toward GD at LMT’s expense. General Dynamics Raises Full-Year Earnings Outlook After First-Quarter Beat; Shares Jump
• Negative Sentiment: Policy uncertainty: high?profile pushback from congressional Republicans on a proposed 44% Pentagon budget increase injects uncertainty into the timing and scale of future defense spending growth, a headwind for sentiment across prime contractors. Republicans Push Back On Trump’s 44% Pentagon Budget Increase
• Negative Sentiment: Near?term fundamentals and analyst reactions: LMT’s recent Q1 missed EPS/revenue expectations and prompted mixed analyst moves (Susquehanna trimmed its price target despite a positive rating), which is weighing on the stock until execution and cash?flow trends clarify. Here is why Lockheed Martin is Among the Most Undervalued Defense Stocks to Buy According to Analysts

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on LMT shares. JPMorgan Chase & Co. raised their price objective on shares of Lockheed Martin from $515.00 to $680.00 and gave the company a “neutral” rating in a research report on Friday, January 30th. Argus raised their price objective on shares of Lockheed Martin from $530.00 to $735.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Robert W. Baird raised their price objective on shares of Lockheed Martin from $550.00 to $640.00 and gave the company an “outperform” rating in a research report on Friday, January 16th. Truist Financial raised their price objective on shares of Lockheed Martin from $605.00 to $695.00 and gave the company a “buy” rating in a research report on Friday, January 30th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $595.00 price objective on shares of Lockheed Martin in a research report on Sunday. Seven equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Lockheed Martin has an average rating of “Hold” and a consensus target price of $632.58.

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.