Kerusso Capital Management LLC Buys 1,567 Shares of Lockheed Martin Corporation $LMT

Kerusso Capital Management LLC grew its stake in Lockheed Martin Corporation (NYSE:LMT) by 31.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,548 shares of the aerospace company’s stock after acquiring an additional 1,567 shares during the quarter. Kerusso Capital Management LLC’s holdings in Lockheed Martin were worth $3,167,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in LMT. Brighton Jones LLC boosted its holdings in Lockheed Martin by 5.0% in the fourth quarter. Brighton Jones LLC now owns 3,995 shares of the aerospace company’s stock worth $1,941,000 after acquiring an additional 191 shares in the last quarter. Sivia Capital Partners LLC boosted its holdings in Lockheed Martin by 5.4% in the second quarter. Sivia Capital Partners LLC now owns 973 shares of the aerospace company’s stock worth $451,000 after acquiring an additional 50 shares in the last quarter. Schnieders Capital Management LLC. boosted its holdings in Lockheed Martin by 17.3% in the second quarter. Schnieders Capital Management LLC. now owns 1,460 shares of the aerospace company’s stock worth $676,000 after acquiring an additional 215 shares in the last quarter. Gamco Investors INC. ET AL boosted its holdings in Lockheed Martin by 36.0% in the second quarter. Gamco Investors INC. ET AL now owns 2,250 shares of the aerospace company’s stock worth $1,042,000 after acquiring an additional 595 shares in the last quarter. Finally, Sei Investments Co. boosted its holdings in Lockheed Martin by 18.2% in the second quarter. Sei Investments Co. now owns 86,569 shares of the aerospace company’s stock worth $40,092,000 after acquiring an additional 13,300 shares in the last quarter. 74.19% of the stock is owned by institutional investors.

Key Lockheed Martin News

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

• Positive Sentiment: Peru agreed to buy 12 F?16 Block 70 fighters, a near?term contract win that supports backlog and international sales momentum. Peru Selects Lockheed F-16 Block 70 (PR Newswire)
• Positive Sentiment: Sanford C. Bernstein raised its price target to $661 (from $654), signaling some analyst optimism about upside despite a conservative rating—this can provide technical/psychological support. Price Target Raised to $661 (AmericanBankingNews)
• Positive Sentiment: Industry commentary highlights surging global defense budgets and a strong missile/munitions agenda—structural tailwinds that favor Lockheed’s product mix and long backlog. Defense Spending Is Surging (247wallst)
• Neutral Sentiment: Management reaffirmed FY2026 guidance (EPS $29.350–30.250; revenue ~$77.5B–$80.0B), which keeps the long?term growth story intact but the EPS/revenue ranges sit near or slightly below consensus—mixed signal for near?term sentiment. Q1 Press Release / Guidance (Lockheed PR)
• Negative Sentiment: Q1 results missed expectations: EPS $6.44 vs. estimates ~ $6.79 and revenue $18.02B vs. ~$18.38B—this earnings miss triggered selling pressure. Lockheed Falls on Earnings (Yahoo)
• Negative Sentiment: Free cash flow swung negative (~$(291)M) and costs on fixed?price contracts plus production delays (F?16, C?130 programs) pressured margins and cash generation—key near?term liquidity and execution risks. Lower Profit, Delays Weigh (Reuters)
• Negative Sentiment: Market reaction: shares slipped after the miss and reports of negative cash flow and execution issues, reflecting investor concern about near?term operational execution despite strong demand. Shares Slide After Q1 Miss (Blockonomi)

Lockheed Martin Stock Down 4.5%

LMT stock opened at $530.27 on Friday. Lockheed Martin Corporation has a fifty-two week low of $410.11 and a fifty-two week high of $692.00. The business’s 50-day moving average is $631.13 and its two-hundred day moving average is $552.93. The company has a debt-to-equity ratio of 3.05, a quick ratio of 0.94 and a current ratio of 1.09. The company has a market cap of $122.21 billion, a price-to-earnings ratio of 24.68, a P/E/G ratio of 0.99 and a beta of 0.23.

Lockheed Martin (NYSE:LMT) last posted its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share for the quarter, missing analysts’ consensus estimates of $6.79 by ($0.35). Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The firm had revenue of $18.02 billion during the quarter, compared to the consensus estimate of $18.38 billion. During the same period in the prior year, the company posted $7.28 EPS. The firm’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, analysts forecast that Lockheed Martin Corporation will post 29.97 earnings per share for the current year.

Lockheed Martin Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 2nd were issued a $3.45 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $13.80 dividend on an annualized basis and a yield of 2.6%. Lockheed Martin’s dividend payout ratio is currently 64.22%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on LMT shares. Morgan Stanley set a $675.00 target price on Lockheed Martin in a report on Wednesday, February 4th. JPMorgan Chase & Co. boosted their target price on Lockheed Martin from $515.00 to $680.00 and gave the stock a “neutral” rating in a report on Friday, January 30th. Wells Fargo & Company initiated coverage on Lockheed Martin in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $650.00 target price on the stock. Susquehanna upped their price target on Lockheed Martin from $725.00 to $740.00 and gave the company a “positive” rating in a report on Wednesday, March 18th. Finally, Robert W. Baird upped their price target on Lockheed Martin from $550.00 to $640.00 and gave the company an “outperform” rating in a report on Friday, January 16th. Seven investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Lockheed Martin presently has a consensus rating of “Hold” and an average target price of $646.16.

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.