Total Wealth Planning & Management Inc. Invests $2.10 Million in Lockheed Martin Corporation $LMT

Total Wealth Planning & Management Inc. purchased a new position in shares of Lockheed Martin Corporation (NYSE:LMT) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 4,348 shares of the aerospace company’s stock, valued at approximately $2,103,000. Lockheed Martin makes up about 1.6% of Total Wealth Planning & Management Inc.’s portfolio, making the stock its 11th largest position.

Several other hedge funds and other institutional investors have also made changes to their positions in LMT. Brighton Jones LLC raised its stake in shares of Lockheed Martin by 5.0% during the 4th quarter. Brighton Jones LLC now owns 3,995 shares of the aerospace company’s stock worth $1,941,000 after buying an additional 191 shares during the last quarter. Sivia Capital Partners LLC raised its stake in shares of Lockheed Martin by 5.4% during the 2nd quarter. Sivia Capital Partners LLC now owns 973 shares of the aerospace company’s stock worth $451,000 after buying an additional 50 shares during the last quarter. Schnieders Capital Management LLC. raised its stake in shares of Lockheed Martin by 17.3% during the 2nd quarter. Schnieders Capital Management LLC. now owns 1,460 shares of the aerospace company’s stock worth $676,000 after buying an additional 215 shares during the last quarter. Gamco Investors INC. ET AL raised its stake in shares of Lockheed Martin by 36.0% during the 2nd quarter. Gamco Investors INC. ET AL now owns 2,250 shares of the aerospace company’s stock worth $1,042,000 after buying an additional 595 shares during the last quarter. Finally, Sei Investments Co. raised its stake in shares of Lockheed Martin by 18.2% during the 2nd quarter. Sei Investments Co. now owns 86,569 shares of the aerospace company’s stock worth $40,092,000 after buying an additional 13,300 shares during the last quarter. Institutional investors and hedge funds own 74.19% of the company’s stock.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed Martin reported a successful live-fire demonstration of its Sanctum counter-drone system, including the first-ever launch from a GRIZZLY containerized launcher, reinforcing demand for low-cost air-defense and anti-drone solutions. Lockheed Martin Demonstrates Successful Drone Intercept With Sanctum System
• Positive Sentiment: The company also said its PrSM Inc. 4 propulsion demo was successful, with flight testing set to begin this fall, adding to confidence in future missile-program revenue. Lockheed Details Successful Propulsion Demo For PrSM Inc. 4 Design, Flight Test To Begin This Fall
• Positive Sentiment: Canada confirmed a purchase of 26 HIMARS rocket launchers from Lockheed Martin, supporting backlog growth and international demand for its missile and launcher systems. Canada confirms purchase of 26 HIMARS rocket launchers from Lockheed Martin
• Positive Sentiment: Reuters reported Lockheed successfully launched a missile from a shipping container and intercepted a test drone, highlighting a potentially marketable counter-drone capability amid rising defense demand. Lockheed shoots down test drone using container-launched missile
• Neutral Sentiment: Zacks noted LMT outpaced the broader market in the latest session, reflecting modest near-term momentum rather than a major new catalyst. Lockheed Martin (LMT) Outpaces Stock Market Gains: What You Should Know
• Neutral Sentiment: A separate report highlighted that Lockheed’s long-term story is still supported by a large backlog, a new missile production facility, and Aegis milestones, though recent performance has been pressured by program losses. LMT Stock Declines 23.1% in 3 Months: Exit Now or Stay Put?
• Negative Sentiment: Switzerland’s $7.6 billion F-35 purchase remains uncertain due to a pricing dispute, which could delay or complicate a potential international sale tied to Lockheed’s fighter jet program. Switzerland’s $7.6 Billion F-35 Deal Hits Fresh Uncertainty

Lockheed Martin Trading Up 1.4%

NYSE LMT opened at $519.33 on Friday. Lockheed Martin Corporation has a 12 month low of $410.11 and a 12 month high of $692.00. The company has a 50-day moving average of $558.10 and a 200-day moving average of $560.43. The company has a debt-to-equity ratio of 2.74, a current ratio of 1.14 and a quick ratio of 0.94. The company has a market cap of $119.74 billion, a P/E ratio of 25.15, a P/E/G ratio of 0.93 and a beta of 0.10.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings data on Thursday, April 23rd. The aerospace company reported $6.44 EPS for the quarter, missing analysts’ consensus estimates 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 period in the prior year, the company earned $7.28 EPS. The company’s 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. As a group, equities analysts predict that Lockheed Martin Corporation will post 29.88 earnings per share for the current year.

Lockheed Martin Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 1st will be paid a dividend of $3.45 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.7%. Lockheed Martin’s dividend payout ratio is currently 66.83%.

Analysts Set New Price Targets

LMT has been the subject of several analyst reports. Susquehanna cut their target price on shares of Lockheed Martin from $740.00 to $700.00 and set a “positive” rating for the company in a research note on Friday, April 24th. Citigroup cut their target price on shares of Lockheed Martin from $675.00 to $571.00 and set a “neutral” rating for the company in a research note on Monday, May 18th. Sanford C. Bernstein reissued a “market perform” rating on shares of Lockheed Martin in a research note on Friday, May 29th. BNP Paribas Exane cut their target price on shares of Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating for the company in a research note on Friday, April 24th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on shares of Lockheed Martin from $615.00 to $575.00 and set a “hold” rating for the company in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $620.68.

About Lockheed Martin

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.