M&T Bank Corp Sells 77,178 Shares of Lockheed Martin Corporation $LMT

M&T Bank Corp cut its stake in shares of Lockheed Martin Corporation (NYSE:LMT) by 43.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 102,490 shares of the aerospace company’s stock after selling 77,178 shares during the quarter. M&T Bank Corp’s holdings in Lockheed Martin were worth $49,571,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Global Trust Wealth Management LLC bought a new position in shares of Lockheed Martin during the fourth quarter valued at $221,000. QVR LLC bought a new position in shares of Lockheed Martin during the fourth quarter valued at $232,000. Builder Investment Group Inc. ADV increased its holdings in shares of Lockheed Martin by 5.8% during the fourth quarter. Builder Investment Group Inc. ADV now owns 12,067 shares of the aerospace company’s stock valued at $5,836,000 after acquiring an additional 659 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd increased its holdings in shares of Lockheed Martin by 33.4% during the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 2,292 shares of the aerospace company’s stock valued at $1,109,000 after acquiring an additional 574 shares in the last quarter. Finally, Leelyn Smith LLC increased its holdings in shares of Lockheed Martin by 1.5% during the fourth quarter. Leelyn Smith LLC now owns 7,560 shares of the aerospace company’s stock valued at $3,657,000 after acquiring an additional 110 shares in the last quarter. 74.19% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on LMT shares. Wells Fargo & Company started coverage on Lockheed Martin in a report on Wednesday, April 1st. They set an “equal weight” rating and a $650.00 price target for the company. Truist Financial lifted their price objective on Lockheed Martin from $605.00 to $695.00 and gave the stock a “buy” rating in a report on Friday, January 30th. Citigroup lifted their price objective on Lockheed Martin from $673.00 to $675.00 and gave the stock a “neutral” rating in a report on Wednesday, April 1st. Robert W. Baird lifted their price objective on Lockheed Martin from $550.00 to $640.00 and gave the stock an “outperform” rating in a report on Friday, January 16th. Finally, Royal Bank Of Canada lifted their price objective on Lockheed Martin from $615.00 to $650.00 and gave the stock a “sector perform” rating in a report on Friday, January 30th. Seven equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Lockheed Martin has a consensus rating of “Hold” and an average target price of $646.16.

Lockheed Martin Price Performance

NYSE LMT opened at $556.01 on Thursday. Lockheed Martin Corporation has a one year low of $410.11 and a one year high of $692.00. The stock has a 50-day moving average of $633.27 and a 200 day moving average of $553.09. The company has a market capitalization of $128.14 billion, a price-to-earnings ratio of 25.87, a PEG ratio of 1.02 and a beta of 0.23. The company has a debt-to-equity ratio of 3.05, a quick ratio of 0.94 and a current ratio of 1.09.

Lockheed Martin (NYSE:LMT) last announced its earnings results on Thursday, January 29th. The aerospace company reported $5.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.33 by ($0.53). The firm had revenue of $20.32 billion during the quarter, compared to analysts’ expectations of $19.84 billion. Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.The company’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period in the previous year, the business posted $7.67 earnings per share. On average, sell-side analysts forecast that Lockheed Martin Corporation will post 29.97 EPS 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 given a $3.45 dividend. This represents a $13.80 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend was Monday, March 2nd. Lockheed Martin’s dividend payout ratio (DPR) is presently 64.22%.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed announced a new slate of defense contract awards worth about $137M, a near-term revenue/ backlog boost that supports contractor cash flow and execution. Lockheed Martin wins $137M in defense contracts
• Positive Sentiment: The successful launch of the final GPS III satellite (and progress toward GPS IIIF) is being presented as a multi-year revenue driver for Lockheed’s space business and a credibility win for execution. Lockheed Martin Launches GPS III Satellite
• Positive Sentiment: Retail and social chatter spiked after the GPS III news, creating short-term buying interest and premarket strength — can lift sentiment even if order-flow is transient. LMT stock sees over 800% jump in retail chatter
• Positive Sentiment: Technical analysis notes the stock is oversold after recent selling and some analysts are revising estimates higher — a setup that could prompt a near-term rebound. Down 6.3% in 4 Weeks, Here’s Why Lockheed (LMT) Looks Ripe for a Turnaround
• Neutral Sentiment: Sanford C. Bernstein nudged its price target to $661 but kept a “market perform” rating — a mild endorsement that stops short of a conviction buy. Bernstein adjusts Lockheed Martin price target to $661
• Neutral Sentiment: Subcontract activity (e.g., General Atomics delivering payloads for a Lockheed tracking-layer program) underscores program execution and multi-vendor supply chains but is incremental to Lockheed’s top-line narrative. General Atomics to Deliver Infrared Payloads for Lockheed Martin
• Neutral Sentiment: Industry pieces comparing LMT to peers (e.g., General Dynamics) keep the company in investors’ rotation lists but increase relative valuation scrutiny. LMT vs. GD: Which Defense Stock Looks More Attractive Right Now?
• Negative Sentiment: Analyst/opinion pieces argue Lockheed’s recent gains are largely priced in and recommend rotating into other defense names with higher upside potential — contributing to sell-side/retail profit-taking. Forget Lockheed Martin. This Defense Stock Will Double by 2028.
• Negative Sentiment: Deep-dive coverage of the F?35 program highlights an estimated $2T lifecycle cost driven largely by sustainment (maintenance/repair), which raises long-term cost and margin questions tied to Lockheed’s flagship program. Why Lockheed Martin’s $2 trillion F-35 program is so expensive

Lockheed Martin Profile

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.