Patrick Mauro Investment Advisor INC. Sells 1,600 Shares of Lockheed Martin Corporation $LMT

Patrick Mauro Investment Advisor INC. trimmed its stake in Lockheed Martin Corporation (NYSE:LMT) by 10.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,188 shares of the aerospace company’s stock after selling 1,600 shares during the period. Lockheed Martin makes up approximately 3.3% of Patrick Mauro Investment Advisor INC.’s portfolio, making the stock its 11th biggest holding. Patrick Mauro Investment Advisor INC.’s holdings in Lockheed Martin were worth $6,379,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of LMT. Brighton Jones LLC boosted its stake in shares of Lockheed Martin by 5.0% during the fourth quarter. Brighton Jones LLC now owns 3,995 shares of the aerospace company’s stock valued at $1,941,000 after purchasing an additional 191 shares during the period. Sivia Capital Partners LLC boosted its stake in shares of Lockheed Martin by 5.4% during the second quarter. Sivia Capital Partners LLC now owns 973 shares of the aerospace company’s stock valued at $451,000 after purchasing an additional 50 shares during the period. Schnieders Capital Management LLC. boosted its stake in shares of Lockheed Martin by 17.3% during the second quarter. Schnieders Capital Management LLC. now owns 1,460 shares of the aerospace company’s stock valued at $676,000 after purchasing an additional 215 shares during the period. Gamco Investors INC. ET AL boosted its stake in shares of Lockheed Martin by 36.0% during the second quarter. Gamco Investors INC. ET AL now owns 2,250 shares of the aerospace company’s stock valued at $1,042,000 after purchasing an additional 595 shares during the period. Finally, Sei Investments Co. boosted its stake in shares of Lockheed Martin by 18.2% during the second quarter. Sei Investments Co. now owns 86,569 shares of the aerospace company’s stock valued at $40,092,000 after purchasing an additional 13,300 shares during the period. Hedge funds and other institutional investors own 74.19% of the company’s stock.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed Martin delivered the first ICS-enabled combat system baseline to the U.S. Navy, reinforcing execution on a key defense program and highlighting continued demand for its naval systems. Lockheed Martin delivers first ICS-enabled combat system baseline to US Navy
• Positive Sentiment: The Javelin Joint Venture, which includes Lockheed Martin, delivered its first Lightweight Command Launch Units to the U.S. Army, signaling progress in fielded defense hardware and potential support for future revenue recognition. Lockheed Martin Javelin Launcher Delivery Highlights Valuation Gap And Growth Watchpoints
• Positive Sentiment: Lockheed Martin said demand is rising for missile defense, sustainment, and autonomous systems, which suggests solid business momentum across several defense categories. Lockheed Martin sees rising demand for missile defense, sustainment, autonomous systems
• Neutral Sentiment: Sanford C. Bernstein reaffirmed its “market perform” rating on Lockheed Martin, indicating a cautious but not bearish stance from analysts. Lockheed Martin – Bernstein still on market perform
• Neutral Sentiment: Options activity suggests traders are positioning for a bigger move in LMT, but the article does not provide a clear directional catalyst. Are Options Traders Betting on a Big Move in Lockheed Martin Stock?
• Negative Sentiment: Recent coverage comparing Lockheed Martin with Boeing and questioning valuation/watchpoints may be weighing on sentiment, especially as investors evaluate whether LMT’s premium defense profile is fully priced in. Lockheed Martin vs. Boeing: Which Industrials Stock Is a Better Buy in 2026?

Lockheed Martin Price Performance

Shares of Lockheed Martin stock opened at $529.82 on Friday. 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 company has a market cap of $122.16 billion, a PE ratio of 25.66, a P/E/G ratio of 0.97 and a beta of 0.10. The business has a 50 day moving average of $566.61 and a 200 day moving average of $558.08. Lockheed Martin Corporation has a 52 week low of $410.11 and a 52 week high of $692.00.

Lockheed Martin (NYSE:LMT) last announced its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 EPS for the quarter, missing analysts’ consensus estimates of $6.79 by ($0.35). The business had revenue of $18.02 billion for the quarter, compared to the consensus estimate of $18.38 billion. Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. Lockheed Martin’s revenue was up .3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $7.28 EPS. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. As a group, equities research analysts forecast that Lockheed Martin Corporation will post 29.88 earnings per share for the current year.

Lockheed Martin Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Monday, June 1st will be issued a $3.45 dividend. The ex-dividend date is Monday, June 1st. This represents a $13.80 dividend on an annualized basis and a yield of 2.6%. Lockheed Martin’s dividend payout ratio is 66.83%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on LMT. Wells Fargo & Company began coverage on Lockheed Martin in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $650.00 price objective for the company. Wall Street Zen lowered Lockheed Martin from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. Deutsche Bank Aktiengesellschaft dropped their price objective on Lockheed Martin from $615.00 to $575.00 and set a “hold” rating for the company in a research note on Friday, April 24th. Citigroup dropped their price objective on Lockheed Martin from $675.00 to $571.00 and set a “neutral” rating for the company in a research note on Monday, May 18th. Finally, BNP Paribas Exane decreased their target price on Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating for the company in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Lockheed Martin has an average rating of “Hold” and a consensus target price of $620.68.

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.