Wealth Enhancement Advisory Services LLC Reduces Position in Lockheed Martin Corporation $LMT

Wealth Enhancement Advisory Services LLC decreased its holdings in Lockheed Martin Corporation (NYSE:LMT) by 40.9% in the fourth quarter, Holdings Channel reports. The fund owned 181,311 shares of the aerospace company’s stock after selling 125,584 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Lockheed Martin were worth $94,975,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in LMT. Old North State Wealth Management LLC grew its position in shares of Lockheed Martin by 2.0% in the third quarter. Old North State Wealth Management LLC now owns 1,073 shares of the aerospace company’s stock valued at $539,000 after purchasing an additional 21 shares in the last quarter. GS Investments Inc. lifted its position in Lockheed Martin by 1.0% during the third quarter. GS Investments Inc. now owns 2,231 shares of the aerospace company’s stock worth $1,114,000 after buying an additional 22 shares in the last quarter. Gilbert & Cook Inc. boosted its stake in Lockheed Martin by 1.9% during the fourth quarter. Gilbert & Cook Inc. now owns 1,169 shares of the aerospace company’s stock worth $566,000 after buying an additional 22 shares during the last quarter. Barnes Wealth Management Group Inc boosted its stake in Lockheed Martin by 4.2% during the second quarter. Barnes Wealth Management Group Inc now owns 567 shares of the aerospace company’s stock worth $263,000 after buying an additional 23 shares during the last quarter. Finally, Collective Family Office LLC grew its holdings in Lockheed Martin by 4.6% in the 3rd quarter. Collective Family Office LLC now owns 527 shares of the aerospace company’s stock valued at $263,000 after buying an additional 23 shares in the last quarter. 74.19% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Pentagon seeks a roughly $200 billion supplemental tied to the Iran conflict, which analysts say would meaningfully boost defense spending and demand for prime contractors like Lockheed. Pentagon Seeks $200 Billion for Iran War
• Positive Sentiment: Analysis argues the ongoing “Shahed” drone strikes and missile-defense replenishment are creating a missile-defense supercycle that directly benefits Lockheed’s THAAD, PAC‑3 and related programs. Shahed Drone War Creates Missile-Defense Supercycle
• Positive Sentiment: Susquehanna published a bullish forecast calling for strong price appreciation, signaling buy-side conviction that Lockheed’s backlog and cash generation support upside. Susquehanna Forecasts Strong Price Appreciation
• Positive Sentiment: Lockheed won a contract with Fortem Technologies to integrate counter‑drone systems, expanding its C‑UAS offerings and recurring systems-integration revenue. Lockheed Selects Fortem Technologies
• Positive Sentiment: Coverage notes Greece’s air‑defense plans (the “Achilles Shield”) include Lockheed systems, adding incremental export opportunities even if not transformative by itself. What Is the Achilles Shield?
• Neutral Sentiment: Comparisons to peers (Northrop Grumman) highlight similar tailwinds but different program mixes; this frames LMT as attractive to some investors but not a clear standalone winner. Lockheed vs. Northrop Comparison
• Neutral Sentiment: Zacks and other outlets note LMT is a trending stock, reflecting elevated attention that can amplify intraday moves unrelated to fundamentals. Why LMT Is Trending
• Negative Sentiment: Lockheed missed on Q4 EPS (reported 5.80 vs. est. 6.33), which, combined with a high P/E and a recent run-up, can trigger short‑term profit‑taking and downward pressure. Earnings and Trading Data

Analyst Ratings Changes

LMT has been the subject of a number of recent research reports. Citigroup raised their target price on Lockheed Martin from $592.00 to $673.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. The Goldman Sachs Group upped their price objective on shares of Lockheed Martin from $464.00 to $517.00 and gave the company a “sell” rating in a report on Monday, February 2nd. Robert W. Baird raised their price objective on shares of Lockheed Martin from $550.00 to $640.00 and gave the stock an “outperform” rating in a research report on Friday, January 16th. UBS Group lifted their target price 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, Susquehanna boosted their target price on shares of Lockheed Martin from $725.00 to $740.00 and gave the company a “positive” rating in a report on Wednesday. Six equities research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $623.16.

Lockheed Martin Trading Down 1.7%

NYSE LMT opened at $626.64 on Friday. The company has a debt-to-equity ratio of 3.05, a current ratio of 1.09 and a quick ratio of 0.94. The stock has a market capitalization of $144.18 billion, a P/E ratio of 29.16, a PEG ratio of 1.13 and a beta of 0.22. The firm’s 50-day moving average is $628.41 and its two-hundred day moving average is $531.67. Lockheed Martin Corporation has a 12 month low of $410.11 and a 12 month high of $692.00.

Lockheed Martin (NYSE:LMT) last released its quarterly 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). The company had revenue of $20.32 billion during the quarter, compared to analysts’ expectations of $19.84 billion. Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. Lockheed Martin’s revenue was up 9.1% on a year-over-year basis. During the same period last year, the firm posted $7.67 earnings per share. On average, sell-side analysts anticipate that Lockheed Martin Corporation will post 27.15 earnings per share for the current year.

Lockheed Martin Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Monday, March 2nd will be paid 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 payout ratio is presently 64.22%.

About Lockheed Martin

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.