Wilmington Savings Fund Society FSB Sells 3,398 Shares of Lockheed Martin Corporation $LMT

Wilmington Savings Fund Society FSB decreased its stake in Lockheed Martin Corporation (NYSE:LMT) by 55.0% during the 3rd quarter, HoldingsChannel reports. The fund owned 2,777 shares of the aerospace company’s stock after selling 3,398 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Lockheed Martin were worth $1,386,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of LMT. Caitong International Asset Management Co. Ltd raised its stake in Lockheed Martin by 27,600.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 277 shares of the aerospace company’s stock valued at $138,000 after purchasing an additional 276 shares during the last quarter. Advisory Services Network LLC increased its holdings in shares of Lockheed Martin by 0.5% during the 3rd quarter. Advisory Services Network LLC now owns 28,453 shares of the aerospace company’s stock worth $14,204,000 after purchasing an additional 139 shares during the period. Kozak & Associates Inc. increased its holdings in shares of Lockheed Martin by 99.5% during the 3rd quarter. Kozak & Associates Inc. now owns 2,524 shares of the aerospace company’s stock worth $1,188,000 after purchasing an additional 1,259 shares during the period. U S Wealth Group LLC. raised its position in shares of Lockheed Martin by 48.1% during the third quarter. U S Wealth Group LLC. now owns 6,732 shares of the aerospace company’s stock valued at $3,361,000 after buying an additional 2,186 shares during the last quarter. Finally, Garrett Wealth Advisory Group LLC grew its position in Lockheed Martin by 1.8% during the third quarter. Garrett Wealth Advisory Group LLC now owns 4,257 shares of the aerospace company’s stock worth $2,125,000 after buying an additional 76 shares in the last quarter. Institutional investors own 74.19% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on LMT shares. Morgan Stanley set a $675.00 price target on Lockheed Martin in a report on Wednesday, February 4th. JPMorgan Chase & Co. upped their target price on Lockheed Martin from $515.00 to $680.00 and gave the company a “neutral” rating in a research note on Friday, January 30th. BNP Paribas Exane raised their target price on Lockheed Martin from $550.00 to $570.00 and gave the stock an “outperform” rating in a research report on Thursday, January 8th. UBS Group lifted their price target on shares of Lockheed Martin from $580.00 to $663.00 and gave the stock a “neutral” rating in a research note on Monday, February 2nd. Finally, Jefferies Financial Group boosted their price target on shares of Lockheed Martin from $540.00 to $630.00 and gave the company a “hold” rating in a report on Sunday, February 1st. Six analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $623.16.

Lockheed Martin Stock Performance

Shares of NYSE:LMT opened at $636.25 on Friday. The business has a fifty day moving average of $626.73 and a 200-day moving average of $529.93. 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 Corporation has a twelve month low of $410.11 and a twelve month high of $692.00. The firm has a market cap of $146.39 billion, a PE ratio of 29.61, a price-to-earnings-growth ratio of 1.16 and a beta of 0.22.

Lockheed Martin (NYSE:LMT) last issued its quarterly 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 company had revenue of $20.32 billion for the quarter, compared to analyst estimates of $19.84 billion. Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.The firm’s quarterly revenue was up 9.1% on a year-over-year basis. During the same quarter last year, the company earned $7.67 EPS. On average, equities research analysts predict that Lockheed Martin Corporation will post 27.15 EPS for the current fiscal year.

Lockheed Martin Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Monday, March 2nd will be issued a $3.45 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.2%. Lockheed Martin’s dividend payout ratio (DPR) is currently 64.22%.

More Lockheed Martin News

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

• Positive Sentiment: Susquehanna raised its price target on LMT to $740 and kept a positive rating, signaling analyst conviction and suggesting material upside vs. recent levels. Benzinga — Susquehanna Raises Price Target
• Positive Sentiment: The Pentagon has proposed roughly $200 billion tied to the Iran conflict and U.S. political leaders (including former President Trump) are publicly defending higher defense budgets — a major demand tailwind for prime contractors like Lockheed across missiles, munitions and aircraft programs. Barron’s — Pentagon Seeks $200 Billion
• Positive Sentiment: Greece’s “Achilles Shield” air‑defense upgrade cleared a major hurdle and includes orders for Lockheed equipment, creating near‑term procurement opportunities in Europe. Fool — What Is the “Achilles Shield” and How Is Lockheed Martin Involved?
• Positive Sentiment: Lockheed selected Fortem Technologies for integrated counter‑drone systems, expanding its C‑UAS offerings and addressable market in infrastructure and homeland security. BusinessWire — Lockheed Martin Selects Fortem Technologies
• Neutral Sentiment: Several analyst and media pieces (including Motley Fool and Seeking Alpha) reiterate long-term structural demand for missile defense and recapitalization cycles, but differ on timing and magnitude — supportive for the thesis but not an immediate earnings inflection. Fool — Should You Buy Lockheed Martin Stock Right Now?
• Neutral Sentiment: Coverage noting Greece’s spending includes Lockheed orders but calls the program “not a game changer,” which moderates upside expectations from that specific deal. Fool — Will Greece’s New Air Defense Plan Boost Lockheed Martin’s Stock?
• Negative Sentiment: The Army’s Dark Eagle hypersonic program — led by Lockheed — faces testing and data shortfalls; officials flag insufficient operational data and production/sequence issues even as deployment is described as “weeks away,” raising execution and schedule risk. QuiverQuant — Dark Eagle Deployment and Testing Worries

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.