Lockheed Martin Corporation $LMT Stock Position Reduced by American National Bank & Trust

American National Bank & Trust trimmed its position in shares of Lockheed Martin Corporation (NYSE:LMT) by 6.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,821 shares of the aerospace company’s stock after selling 2,518 shares during the period. Lockheed Martin comprises approximately 1.6% of American National Bank & Trust’s portfolio, making the stock its 20th biggest holding. American National Bank & Trust’s holdings in Lockheed Martin were worth $17,733,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. State Street Corp increased its stake in Lockheed Martin by 1.3% during the second quarter. State Street Corp now owns 32,975,170 shares of the aerospace company’s stock valued at $16,799,530,000 after acquiring an additional 419,582 shares during the period. BlackRock Inc. bought a new stake in shares of Lockheed Martin in the 2nd quarter valued at approximately $9,617,574,000. Corient Private Wealth LP bought a new position in shares of Lockheed Martin during the 2nd quarter worth approximately $101,960,000. Deutsche Bank AG lifted its holdings in shares of Lockheed Martin by 7.4% during the fourth quarter. Deutsche Bank AG now owns 1,440,840 shares of the aerospace company’s stock valued at $696,891,000 after acquiring an additional 99,403 shares during the period. Finally, Bank of New York Mellon Corp bought a new stake in shares of Lockheed Martin in the 2nd quarter worth about $645,258,000. 74.19% of the stock is owned by hedge funds and other institutional investors.

Lockheed Martin Stock Down 1.4%

LMT traded down $7.36 during trading on Wednesday, hitting $502.76. The company had a trading volume of 357,426 shares, compared to its average volume of 1,448,112. The firm’s 50-day moving average price is $552.10 and its 200 day moving average price is $549.20. The company has a market capitalization of $116.03 billion, a PE ratio of 18.53, a PEG ratio of 1.10 and a beta of 0.09. 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 one year low of $437.25 and a one year high of $692.00.

Lockheed Martin (NYSE:LMT) last released its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, beating the consensus estimate of $7.22 by $0.72. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.The firm had revenue of $20.06 billion for the quarter, compared to analysts’ expectations of $19.34 billion. During the same quarter in the previous year, the business posted $1.46 EPS. The business’s quarterly revenue was up 10.5% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. As a group, equities analysts expect that Lockheed Martin Corporation will post 30.44 earnings per share for the current year.

Lockheed Martin Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Tuesday, September 1st were paid a dividend of $3.45 per share. The ex-dividend date was Tuesday, September 1st. This represents a $13.80 annualized dividend and a dividend yield of 2.7%. Lockheed Martin’s payout ratio is currently 50.87%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on LMT shares. Citigroup lifted their target price on shares of Lockheed Martin from $641.00 to $691.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. Jefferies Financial Group restated a “hold” rating on shares of Lockheed Martin in a research report on Wednesday, September 2nd. UBS Group raised Lockheed Martin from a “neutral” rating to a “buy” rating and lifted their target price for the company from $581.00 to $674.00 in a research note on Tuesday, September 8th. Rothschild & Co Redburn initiated coverage on shares of Lockheed Martin in a research report on Tuesday. They set a “buy” rating and a $650.00 price target for the company. Finally, Robert W. Baird set a $700.00 price objective on shares of Lockheed Martin in a research note on Friday, July 24th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $638.21.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Analyst upgrade supports the stock. Rothschild & Co Redburn upgraded Lockheed Martin (LMT) to “strong-buy,” providing a favorable catalyst after the shares’ recent weakness. Rothschild & Co Redburn Upgrades Lockheed Martin to Strong-Buy
• Positive Sentiment: Electronic-warfare award improves revenue visibility. Lockheed Martin received a $209 million Navy contract modification, with options that could increase the total value to as much as $1.71 billion. The award benefits the company as fleet modernization drives demand for electronic-warfare systems. Lockheed Martin Awarded $209 Million Navy Contract Modification
• Positive Sentiment: Missile-defense production is accelerating. Boeing received a seven-year framework from Lockheed Martin to triple PAC-3 MSE seeker output, while GM Defense has already delivered components for the program. The developments could help LMT address strong interceptor demand and reduce supply bottlenecks. Boeing Receives Seven-Year Contract to Accelerate PAC-3 MSE Seeker Output
• Positive Sentiment: Additional defense milestones add support. Lockheed Martin secured a $245 million modification for a second IRST Block II order, and its F-16 Block 72 for Morocco completed its first flight. Broader sector optimism is also being driven by rising defense budgets, missile defense initiatives and replenishment demand. $245 Million IRST Block II Order
• Neutral Sentiment: Investors are awaiting quarterly results. A recent earnings preview characterizes LMT as a potential buy despite the pullback, while comparison articles debate its value relative to General Dynamics and Howmet. The latest reported quarter exceeded estimates, with $7.94 in EPS and $20.06 billion in revenue.
• Negative Sentiment: Relative performance remains a concern. Articles note that LMT has lagged the S&P 500 and has delivered limited year-to-date and 12-month gains. This weakness, combined with elevated leverage and a stock price below key moving averages, may be limiting investor enthusiasm despite the favorable contract pipeline.

Lockheed Martin Company Profile

Lockheed Martin Corporation is a global aerospace, defense and technology company headquartered in Bethesda, Maryland. The company develops and produces advanced systems for government and commercial customers, with the U.S. Department of Defense and other U.S. government agencies representing its primary customers.

Its principal activities include the design and manufacture of military aircraft, missiles, air and missile defense systems, radar and sensor technologies, naval and rotary-wing systems, satellites, space exploration systems, and cybersecurity and information technology solutions.