Bokf Na Reduces Position in Lockheed Martin Corporation $LMT

Bokf Na trimmed its position in Lockheed Martin Corporation (NYSE:LMT) by 4.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 53,351 shares of the aerospace company’s stock after selling 2,420 shares during the quarter. Bokf Na’s holdings in Lockheed Martin were worth $26,633,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of LMT. Brighton Jones LLC grew its holdings in shares of Lockheed Martin by 5.0% during the fourth quarter. Brighton Jones LLC now owns 3,995 shares of the aerospace company’s stock worth $1,941,000 after buying an additional 191 shares during the last quarter. Sivia Capital Partners LLC raised its stake in Lockheed Martin by 5.4% during the 2nd quarter. Sivia Capital Partners LLC now owns 973 shares of the aerospace company’s stock valued at $451,000 after acquiring an additional 50 shares during the last quarter. Schnieders Capital Management LLC. raised its stake in Lockheed Martin by 17.3% during the 2nd quarter. Schnieders Capital Management LLC. now owns 1,460 shares of the aerospace company’s stock valued at $676,000 after acquiring an additional 215 shares during the last quarter. Profund Advisors LLC lifted its position in Lockheed Martin by 10.4% during the 2nd quarter. Profund Advisors LLC now owns 2,341 shares of the aerospace company’s stock worth $1,084,000 after acquiring an additional 220 shares during the period. Finally, ProShare Advisors LLC lifted its position in Lockheed Martin by 12.7% during the 2nd quarter. ProShare Advisors LLC now owns 35,805 shares of the aerospace company’s stock worth $16,583,000 after acquiring an additional 4,030 shares during the period. 74.19% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently issued reports on LMT shares. Jefferies Financial Group boosted their target price on Lockheed Martin from $540.00 to $630.00 and gave the company a “hold” rating in a report on Sunday, February 1st. TD Cowen increased their price target on Lockheed Martin from $600.00 to $670.00 and gave the stock a “hold” rating in a report on Friday, January 30th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Lockheed Martin from $492.00 to $611.00 and gave the company a “hold” rating in a research report on Friday, January 30th. Truist Financial upped their price objective on shares of Lockheed Martin from $605.00 to $695.00 and gave the stock a “buy” rating in a research report on Friday, January 30th. Finally, Susquehanna restated a “positive” rating and issued a $660.00 target price on shares of Lockheed Martin in a research note on Thursday, January 15th. Six research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $618.95.

Lockheed Martin Stock Down 0.3%

Shares of NYSE LMT opened at $649.28 on Thursday. The stock has a market capitalization of $149.39 billion, a price-to-earnings ratio of 30.21, a price-to-earnings-growth ratio of 1.17 and a beta of 0.22. Lockheed Martin Corporation has a 52 week low of $410.11 and a 52 week high of $692.00. The firm has a 50-day moving average price of $610.16 and a 200 day moving average price of $522.53. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 3.05.

Lockheed Martin (NYSE:LMT) last issued its earnings results on Thursday, January 29th. The aerospace company reported $5.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $6.33 by ($0.53). Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The company had revenue of $20.32 billion during the quarter, compared to analysts’ expectations of $19.84 billion. During the same period last year, the business posted $7.67 earnings per share. The company’s quarterly revenue was up 9.1% on a year-over-year basis. Equities research analysts anticipate that Lockheed Martin Corporation will post 27.15 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Monday, March 2nd will be issued a dividend of $3.45 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $13.80 annualized dividend and a yield of 2.1%. Lockheed Martin’s payout ratio is currently 64.22%.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Large contract wins and program awards — Lockheed reported multiple contract awards that expand near-term backlog and cash flow, including recent U.S. defense contracts worth roughly $761 million. Lockheed Martin wins $761 million in U.S. defense contracts
• Positive Sentiment: Munitions production ramp — Management is working with U.S. partners to substantially increase munitions output (expanded facilities and higher lines) to meet demand from the Middle East, which should boost revenues and near-term government orders. Lockheed Martin Ramps Munitions Output
• Positive Sentiment: Sikorsky autonomy and new product pipeline — Sikorsky (a Lockheed business) and Robinson unveiled the autonomous R66 TURBINETRUCK for cargo/resupply missions; product launches and S-92A+ production increases strengthen growth optionality in rotary platforms. Sikorsky Collaborates with Robinson – R66 TURBINETRUCK Benzinga: Sikorsky, Robinson launch autonomous cargo helicopter
• Positive Sentiment: S-92A+ output and contract renewals — Sikorsky is expanding output and operators are renewing support contracts, supporting aftermarket and recurring revenue. Sikorsky advances S-92A+ output, renewals
• Neutral Sentiment: Sector inflows could help over time — analysts note defense ETFs are attracting flows as conflict-driven budgets rise, which can support longer-term demand for prime contractors like LMT. Why This Defense ETF Could Keep Rallying
• Neutral Sentiment: Supply-chain and supplier awards — A metals supplier won large govt contracts including programs that will supply aluminum plate across Lockheed platforms; could improve parts availability but also reflect procurement complexity. Reliance AMI Metals awarded contracts (mentions Lockheed platforms)
• Negative Sentiment: Sector weakness / sentiment headwinds — Coverage notes that despite geopolitical tensions, defense stocks recently haven’t rallied broadly; macro and political factors (e.g., uncertainty about escalation) are keeping valuations under pressure. Barron’s: Defense Stocks Are Down
• Negative Sentiment: Valuation/expectations concerns — Some analysts argue much of Lockheed’s near-term upside is already priced in, limiting upside if execution or order timing slips. Seeking Alpha: The Upside Is Already Priced In

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.