Natixis Advisors LLC Sells 1,350 Shares of Lockheed Martin Corporation $LMT

Natixis Advisors LLC decreased its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 1.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 126,506 shares of the aerospace company’s stock after selling 1,350 shares during the quarter. Natixis Advisors LLC owned 0.05% of Lockheed Martin worth $61,187,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of LMT. Brighton Jones LLC grew its position 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 raised its position in Lockheed Martin by 5.4% during the second quarter. Sivia Capital Partners LLC now owns 973 shares of the aerospace company’s stock valued at $451,000 after purchasing an additional 50 shares in the last quarter. Schnieders Capital Management LLC. raised its position in Lockheed Martin by 17.3% during the second quarter. Schnieders Capital Management LLC. now owns 1,460 shares of the aerospace company’s stock valued at $676,000 after purchasing an additional 215 shares in the last quarter. Gamco Investors INC. ET AL lifted its stake in Lockheed Martin by 36.0% during the second quarter. Gamco Investors INC. ET AL now owns 2,250 shares of the aerospace company’s stock worth $1,042,000 after purchasing an additional 595 shares during the last quarter. Finally, Sei Investments Co. lifted its stake in Lockheed Martin by 18.2% during the second quarter. Sei Investments Co. now owns 86,569 shares of the aerospace company’s stock worth $40,092,000 after purchasing an additional 13,300 shares during the last quarter. 74.19% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently commented on LMT. TD Cowen reduced their price objective on Lockheed Martin from $670.00 to $600.00 and set a “hold” rating on the stock in a research report on Friday, April 24th. Deutsche Bank Aktiengesellschaft dropped their target price on Lockheed Martin from $615.00 to $575.00 and set a “hold” rating for the company in a research report on Friday, April 24th. Morgan Stanley reduced their price target on shares of Lockheed Martin from $675.00 to $653.00 and set an “equal weight” rating on the stock in a research report on Friday, April 24th. Weiss Ratings raised shares of Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, May 14th. Finally, Bank of America lowered their price objective on shares of Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating for the company in a report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Lockheed Martin has a consensus rating of “Hold” and an average target price of $620.68.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Canada confirmed a purchase of 26 HIMARS rocket launchers from Lockheed Martin, reinforcing international demand for the company’s missile systems and adding visibility to future sales. Canada confirms purchase of 26 HIMARS rocket launchers from Lockheed Martin
• Positive Sentiment: Lockheed Martin successfully demonstrated a container-launched drone intercept using its Sanctum counter-UAS system, underscoring growing demand for low-cost air defense solutions. Lockheed shoots down test drone using container-launched missile
• Positive Sentiment: The company also reported a successful propulsion demo for the next iteration of its PrSM missile, with flight testing planned for this fall, supporting its long-term missile growth pipeline. Lockheed Details Successful Propulsion Demo For PrSM Inc. 4 Design, Flight Test To Begin This Fall
• Positive Sentiment: Lockheed opened a new Alabama facility for next-generation interceptor production, which could improve capacity and support future homeland defense contracts. Lockheed Martin opens Alabama facility for next generation interceptor production

Lockheed Martin Price Performance

LMT opened at $513.31 on Thursday. 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 stock’s 50 day simple moving average is $559.90 and its 200 day simple moving average is $560.05. The firm has a market cap of $118.35 billion, a price-to-earnings ratio of 24.86, a PEG ratio of 0.93 and a beta of 0.10. Lockheed Martin Corporation has a 1 year low of $410.11 and a 1 year high of $692.00.

Lockheed Martin (NYSE:LMT) last released its quarterly earnings data 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 6.38% and a return on equity of 101.64%. The company had revenue of $18.02 billion for the quarter, compared to analysts’ expectations of $18.38 billion. During the same period last year, the company posted $7.28 EPS. The business’s revenue for the quarter 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 predict that Lockheed Martin Corporation will post 29.88 earnings per share for the current year.

Lockheed Martin Dividend Announcement

The company also recently declared 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. This represents a $13.80 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Monday, June 1st. Lockheed Martin’s dividend payout ratio (DPR) is 66.83%.

Lockheed Martin Company 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.