Citizens Financial Group Inc. RI Raises Stake in Lockheed Martin Corporation $LMT

Citizens Financial Group Inc. RI boosted its stake in shares of Lockheed Martin Corporation (NYSE:LMT) by 11.6% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 54,862 shares of the aerospace company’s stock after purchasing an additional 5,716 shares during the period. Citizens Financial Group Inc. RI’s holdings in Lockheed Martin were worth $26,535,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in LMT. Oppenheimer & Co. Inc. increased its position in shares of Lockheed Martin by 9.3% in 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 in the last quarter. Welch Group LLC grew its stake in Lockheed Martin by 1.5% in the 4th quarter. Welch Group LLC now owns 132,684 shares of the aerospace company’s stock valued at $64,175,000 after acquiring an additional 1,999 shares during the period. Jain Global LLC purchased a new stake in Lockheed Martin in the 3rd quarter worth $38,064,000. Clough Capital Partners L P purchased a new stake in Lockheed Martin in the 3rd quarter worth $31,018,000. Finally, Pacific Heights Asset Management LLC raised its position in Lockheed Martin by 33.9% during the third quarter. Pacific Heights Asset Management LLC now owns 75,000 shares of the aerospace company’s stock worth $37,441,000 after acquiring an additional 19,000 shares during the period. Hedge funds and other institutional investors own 74.19% of the company’s stock.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Lockheed secured a $1.13 billion U.S. Army award to produce 17 HIMARS M142 launchers through 2028, supporting U.S. and allied deliveries (Taiwan, Estonia, Sweden). A multiyear production award like this supports near?term revenue visibility and backlog. Lockheed Martin Secures $1.13 Billion HIMARS Deal
• Positive Sentiment: Program technology wins: coverage notes Lockheed’s Skunk Works and MDCX work (MQ?25A flight oversight) plus roles in the Space Force “Golden Dome” interceptor and GPS III/IIIF satellites — reinforcing its leadership in advanced air, space and missile defense programs. These program wins underpin long?term backlog and higher?margin work. Is Lockheed Martin’s Golden Dome Role Redefining Its Narrative?
• Positive Sentiment: Partnership/AI robotics angle: XTEND’s CEO detailed an AI OS for autonomous drones and cited a Lockheed partnership; XTEND plans a $1.5B NASDAQ IPO (XTND). Strategic ties to AI/autonomy startups can accelerate Lockheed’s unmanned systems roadmap and investor enthusiasm for optionality. Is This Pre?IPO AI Robotics Company the Next Big Defense Play?
• Neutral Sentiment: Analyst/opinion context: a TipRanks piece argues LMT’s recent pullback creates a buying opportunity given a large backlog (~$186B) and valuation — a positive thesis but opinion?driven rather than company?reported. Lockheed Martin Slid 27% — Backlog and Valuation Still Point to a Buy
• Neutral Sentiment: Peer moves: L3Harris (LHX) reported an upside quarter and raised 2026 EPS guidance; strong results across defense peers validate sector demand but also create relative performance comparisons. L3Harris Raises 2026 Guidance After Q1 Beat
• Neutral Sentiment: Startup ecosystem: Firestorm Labs raised $82M for fieldable drone factories — a sign of increased private capital in autonomy, which can both complement and compete with incumbents’ offerings. Firestorm Labs Raises $82M
• Negative Sentiment: Competitive/outperformance risk: General Dynamics (GD) posted a stronger Q1 and raised outlook, drawing investor attention and creating relative pressure on Lockheed if sentiment rotates to better?reporting peers. General Dynamics Raises Full?Year Outlook After Q1 Beat
• Negative Sentiment: Policy risk: rising GOP pushback on President Trump’s proposed 44% Pentagon budget increase introduces uncertainty around the pace and size of future discretionary defense funding increases, which could temper long?term upside scenarios. Republicans Push Back On Trump’s 44% Pentagon Budget Increase
• Negative Sentiment: Near?term execution: Lockheed’s April quarter missed EPS and revenue estimates (EPS shortfall and modest revenue beat/miss dynamics), which has pressured the stock during the recent pullback and remains a watch item for investors assessing the valuation gap versus fundamentals.

Lockheed Martin Stock Performance

Shares of Lockheed Martin stock opened at $518.15 on Friday. The business’s 50 day moving average price is $617.05 and its 200 day moving average price is $553.04. The company has a market cap of $119.46 billion, a price-to-earnings ratio of 25.09, a PEG ratio of 0.92 and a beta of 0.23. The company has a debt-to-equity ratio of 2.74, a quick ratio of 0.94 and a current ratio of 1.14. Lockheed Martin Corporation has a one year low of $410.11 and a one year high of $692.00.

Lockheed Martin (NYSE:LMT) last issued its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share (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 during the quarter, compared to analysts’ expectations of $18.38 billion. During the same quarter in the previous year, the company earned $7.28 earnings per share. The firm’s quarterly revenue was up .3% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. On average, research analysts predict that Lockheed Martin Corporation will post 29.91 EPS for the current year.

Lockheed Martin Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 2nd were given 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 presently 66.83%.

Analysts Set New Price Targets

Several equities analysts have issued reports on LMT shares. Weiss Ratings downgraded shares of Lockheed Martin from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday. Argus upped their price target on shares of Lockheed Martin from $530.00 to $735.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. Robert W. Baird lifted their price objective on Lockheed Martin from $550.00 to $640.00 and gave the stock an “outperform” rating in a report on Friday, January 16th. Royal Bank Of Canada cut their price objective on Lockheed Martin from $650.00 to $575.00 and set a “sector perform” rating for the company in a research note on Friday, April 24th. Finally, Susquehanna reduced their target price on Lockheed Martin from $740.00 to $700.00 and set a “positive” rating for the company in a report on Friday, April 24th. Six equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average 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.