Lockheed Martin Corporation $LMT Stock Holdings Trimmed by WealthPLAN Partners LLC

WealthPLAN Partners LLC lessened its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 30.3% in the first quarter, according to its most recent filing with the SEC. The firm owned 3,310 shares of the aerospace company’s stock after selling 1,439 shares during the quarter. WealthPLAN Partners LLC’s holdings in Lockheed Martin were worth $2,000,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Basso Capital Management L.P. bought a new stake in shares of Lockheed Martin during the fourth quarter valued at about $25,000. United Financial Planning Group LLC bought a new position in Lockheed Martin in the 3rd quarter valued at about $25,000. Clarity Asset Management Inc. acquired a new position in Lockheed Martin during the 4th quarter valued at about $26,000. Triumph Capital Management increased its stake in Lockheed Martin by 66.7% during the 4th quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock valued at $26,000 after buying an additional 22 shares during the period. Finally, Bard Associates Inc. bought a new stake in shares of Lockheed Martin during the 4th quarter worth about $27,000. Institutional investors own 74.19% of the company’s stock.

Lockheed Martin Stock Down 0.5%

LMT stock opened at $535.26 on Wednesday. The firm has a market cap of $123.41 billion, a PE ratio of 25.92, a P/E/G ratio of 0.97 and a beta of 0.11. Lockheed Martin Corporation has a 12 month low of $410.11 and a 12 month high of $692.00. 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 firm has a 50 day simple moving average of $521.05 and a 200 day simple moving average of $570.07.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings results 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 company had revenue of $18.02 billion during 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 quarterly revenue was up .3% on a year-over-year basis. During the same period in the prior year, the company posted $7.28 EPS. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Equities research analysts forecast that Lockheed Martin Corporation will post 29.88 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 1st were given a $3.45 dividend. This represents a $13.80 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend was Monday, June 1st. Lockheed Martin’s dividend payout ratio (DPR) is 66.83%.

Analyst Upgrades and Downgrades

LMT has been the subject of several recent analyst reports. Morgan Stanley decreased their price objective on shares of Lockheed Martin from $675.00 to $653.00 and set an “equal weight” rating for the company in a report on Friday, April 24th. Bank of America cut their target price on Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating for the company in a research report on Friday, April 24th. Citigroup upgraded Lockheed Martin from a “neutral” rating to a “buy” rating and lifted their price target for the company from $571.00 to $582.00 in a research report on Wednesday, July 1st. DZ Bank upgraded Lockheed Martin from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 30th. Finally, TD Cowen decreased their target price on Lockheed Martin from $670.00 to $600.00 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 given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $613.63.

Lockheed Martin News Summary

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

• Positive Sentiment: Lockheed Martin and Rheinmetall signed an MOU to jointly produce ATACMS missiles in Germany, opening the door to the first manufacture of the short-range ballistic missile outside the U.S. and expanding LMT’s European production footprint. Article Title
• Positive Sentiment: NATO summit announcements are highlighting billions in defense deals and higher allied spending, which should support Lockheed Martin’s backlog and demand outlook for systems like F-35s and missile defenses. Article Title
• Positive Sentiment: Lockheed Martin won two U.S. defense contracts worth more than $607 million, adding near-term revenue visibility. Article Title
• Positive Sentiment: Lockheed Martin’s Sikorsky unit is being linked to a proposed White House helipad project, a small but notable political and brand-positive headline. Article Title
• Neutral Sentiment: Lockheed Martin is also in the spotlight after agreeing to buy Ultra Maritime for $3.45 billion, a deal that expands undersea warfare capabilities but may keep investors focused on deal execution and integration costs in the near term. Article Title
• Negative Sentiment: Despite the favorable defense-news backdrop, shares have been pressured by recent concerns about valuation and the company’s prior earnings miss, which can temper enthusiasm even amid strong contract news.

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.