Lockheed Martin Corporation $LMT Stock Sold by Willis Investment Counsel

Willis Investment Counsel cut its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 15.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 80,941 shares of the aerospace company’s stock after selling 15,334 shares during the period. Lockheed Martin makes up about 1.8% of Willis Investment Counsel’s investment portfolio, making the stock its 13th largest holding. Willis Investment Counsel’s holdings in Lockheed Martin were worth $41,219,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in LMT. Burnham & Co LLC acquired a new stake in Lockheed Martin in the 2nd quarter valued at approximately $25,000. Field & Main Bank bought a new stake in Lockheed Martin during the 2nd quarter valued at $26,000. Kelleher Financial Advisors acquired a new position in Lockheed Martin during the 2nd quarter worth $29,000. Highland Investment Advisors LLC acquired a new position in Lockheed Martin during the 2nd quarter worth $29,000. Finally, IAG Wealth Partners LLC grew its stake in shares of Lockheed Martin by 4,800.0% in the first quarter. IAG Wealth Partners LLC now owns 49 shares of the aerospace company’s stock worth $30,000 after purchasing an additional 48 shares in the last quarter. 74.19% of the stock is currently owned by institutional investors and hedge funds.

Lockheed Martin Price Performance

Shares of LMT traded down $0.61 during midday trading on Tuesday, reaching $547.62. The stock had a trading volume of 776,004 shares, compared to its average volume of 1,438,079. Lockheed Martin Corporation has a 52 week low of $437.25 and a 52 week high of $692.00. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.19 and a quick ratio of 1.01. The firm’s 50 day moving average price is $540.85 and its 200-day moving average price is $543.09. The company has a market capitalization of $126.39 billion, a P/E ratio of 20.20, a P/E/G ratio of 1.20 and a beta of 0.09.

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

Lockheed Martin Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Tuesday, December 1st will be issued a $3.60 dividend. This represents a $14.40 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Tuesday, December 1st. This is a positive change from Lockheed Martin’s previous quarterly dividend of $3.45. Lockheed Martin’s dividend payout ratio is currently 50.87%.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Lockheed Martin signed a seven-year, $218 million agreement with Karman Space & Defense to supply shrouds for the Terminal High Altitude Area Defense (THAAD) system. The deal supports longer-term production visibility for LMT’s missile-defense business. Karman Space & Defense Awarded $218 Million Long-Term Agreement to Support THAAD Production
• Positive Sentiment: A Lockheed Martin and RTX joint venture won a $215 million U.S. Army contract for Javelin launchers, while LMT separately secured a $117.1 million contract to support Apache helicopter radar systems. The awards reinforce demand for the company’s missile and electronic-warfare products. RTX, Lockheed Martin JV wins $215M US Army contract for Javelin launchers LMT Secures $117.1M Contract for Apache Helicopter Radar Support
• Positive Sentiment: Lockheed is working with Hadrian on an embedded manufacturing operation intended to increase munitions production. The initiative could improve capacity and help address growing U.S. and allied weapons demand. Inside the Lockheed-Hadrian deal promising more munitions
• Positive Sentiment: Ukraine’s president discussed accelerating Patriot deliveries with Lockheed Martin, potentially supporting demand for the company’s air-defense systems. LMT also continues to attract attention for its 6.9% trailing free-cash-flow yield, which may appeal to income-focused investors. Ukraine’s Zelenskiy discusses speeding up supplies of Patriots with Lockheed Martin Why Is Everyone Ignoring Lockheed Martin Stock’s High Cash Yield?
• Neutral Sentiment: Investors are focused on LMT’s upcoming third-quarter earnings, particularly F-35 deliveries, revenue conversion from its backlog and updated 2026 expectations. Lockheed Q3 Earnings on the Horizon
• Negative Sentiment: Analysts cite rising political uncertainty, increased competition and a chart pattern indicating continued weakness after LMT’s decline from its March peak. New 2027 requirements for non-Chinese rare-earth magnets could also raise sourcing costs, although potential eligibility for Norway’s sovereign wealth fund could provide an offset. Lockheed Martin stock flashes a risky pattern as two key threats emerge

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on LMT shares. UBS Group reissued a “buy” rating and set a $653.00 price target on shares of Lockheed Martin in a report on Friday. TD Cowen reduced their price objective on shares of Lockheed Martin from $600.00 to $570.00 and set a “hold” rating for the company in a report on Friday, October 9th. Jefferies Financial Group reiterated a “hold” rating on shares of Lockheed Martin in a research report on Wednesday, September 2nd. Wall Street Zen cut shares of Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Finally, Morgan Stanley boosted their price target on shares of Lockheed Martin from $653.00 to $690.00 and gave the stock an “equal weight” rating in a research report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $627.10.

Lockheed Martin Company Profile

Lockheed Martin Corporation is a global security and aerospace company headquartered in Bethesda, Maryland. Formed in 1995 through the merger of Lockheed Corporation and Martin Marietta, the company develops and produces advanced defense, aerospace, and technology systems for government and commercial customers.

Its principal business areas include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. Products and services include military aircraft such as the F-35 Lightning II, C-130 Hercules, and F-16 Fighting Falcon; missile-defense and precision-strike systems; helicopters and naval systems; command, control, communications, and intelligence technologies; satellites; space exploration systems; and other classified space and defense programs.

Lockheed Martin serves the U.S.