Lockheed Martin Corporation $LMT Position Decreased by Fiduciary Alliance LLC

Fiduciary Alliance LLC trimmed its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 18.5% in the first quarter, HoldingsChannel reports. The institutional investor owned 8,405 shares of the aerospace company’s stock after selling 1,909 shares during the quarter. Fiduciary Alliance LLC’s holdings in Lockheed Martin were worth $5,137,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in LMT. Ritholtz Wealth Management grew its holdings in shares of Lockheed Martin by 3.4% in the 1st quarter. Ritholtz Wealth Management now owns 8,820 shares of the aerospace company’s stock worth $5,331,000 after acquiring an additional 291 shares during the last quarter. Global Financial Private Client LLC lifted its holdings in shares of Lockheed Martin by 7.9% during the first quarter. Global Financial Private Client LLC now owns 2,304 shares of the aerospace company’s stock valued at $1,393,000 after purchasing an additional 168 shares during the last quarter. KFA Private Wealth Group LLC lifted its holdings in shares of Lockheed Martin by 4.5% during the first quarter. KFA Private Wealth Group LLC now owns 647 shares of the aerospace company’s stock valued at $391,000 after purchasing an additional 28 shares during the last quarter. MBM Wealth Consultants LLC boosted its position in shares of Lockheed Martin by 2.2% in the 1st quarter. MBM Wealth Consultants LLC now owns 3,554 shares of the aerospace company’s stock valued at $2,148,000 after purchasing an additional 76 shares during the period. Finally, Live Oak Private Wealth LLC acquired a new position in shares of Lockheed Martin in the 1st quarter valued at $449,000. Institutional investors and hedge funds own 74.19% of the company’s stock.

Lockheed Martin Trading Down 2.4%

NYSE:LMT opened at $491.80 on Thursday. The stock’s 50 day moving average price is $530.43 and its 200 day moving average price is $566.81. Lockheed Martin Corporation has a 52 week low of $410.11 and a 52 week high of $692.00. The company has a market capitalization of $113.39 billion, a P/E ratio of 23.82, a P/E/G ratio of 0.91 and a beta of 0.10. 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 (NYSE:LMT) last released its quarterly earnings data 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). The business had revenue of $18.02 billion during the quarter, compared to analyst estimates of $18.38 billion. Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. The firm’s revenue for the quarter was up .3% on a year-over-year basis. During the same period in the previous year, the firm posted $7.28 EPS. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. On average, research analysts forecast that Lockheed Martin Corporation will post 29.88 EPS for the current fiscal year.

Lockheed Martin Announces Dividend

The firm also recently announced 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 of this dividend is Monday, June 1st. This represents a $13.80 dividend on an annualized basis and a yield of 2.8%. Lockheed Martin’s dividend payout ratio (DPR) is 66.83%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Susquehanna cut their price target on shares of Lockheed Martin from $740.00 to $700.00 and set a “positive” rating on the stock in a report on Friday, April 24th. Wells Fargo & Company initiated coverage on shares of Lockheed Martin in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $650.00 price objective for the company. Wall Street Zen cut shares of Lockheed Martin from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. Jefferies Financial Group reissued a “hold” rating and set a $595.00 target price on shares of Lockheed Martin in a research note on Sunday, April 26th. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on Lockheed Martin from $615.00 to $575.00 and set a “hold” rating for the company in a report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Lockheed Martin presently has a consensus rating of “Hold” and an average price target of $620.68.

Lockheed Martin News Summary

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

• Positive Sentiment: The U.S. government awarded Lockheed Martin a seven-year contract action worth up to $35 billion to quadruple production of THAAD missile interceptors, a major win that should boost revenue visibility and strengthen the company’s defense backlog. Article Title
• Positive Sentiment: The THAAD award comes as the U.S. is pushing defense contractors to ramp up weapons production, suggesting Lockheed could benefit from sustained demand tied to replenishing missile stockpiles and higher military readiness spending. Article Title
• Neutral Sentiment: Lockheed Martin also appeared in comparison and investor-interest coverage, which highlights ongoing attention to its valuation, backlog, and debt profile, but these pieces did not present a clear new catalyst. Article Title
• Negative Sentiment: The stock has been falling more than the broader market recently, with recent articles pointing to weakness over the last couple of sessions and investor concern around geopolitical noise and near-term momentum. Article Title

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.