1,489 Shares in Lockheed Martin Corporation $LMT Acquired by Navigation Group LLC

Navigation Group LLC purchased a new stake in Lockheed Martin Corporation (NYSE:LMT) during the 1st quarter, Holdings Channel.com reports. The fund purchased 1,489 shares of the aerospace company’s stock, valued at approximately $900,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in LMT. Brighton Jones LLC boosted its holdings in shares of Lockheed Martin by 5.0% in the 4th quarter. Brighton Jones LLC now owns 3,995 shares of the aerospace company’s stock valued at $1,941,000 after buying an additional 191 shares in 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 worth $451,000 after acquiring an additional 50 shares in 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 worth $676,000 after acquiring an additional 215 shares in the last quarter. Gamco Investors INC. ET AL lifted its position in Lockheed Martin by 36.0% in the second quarter. Gamco Investors INC. ET AL now owns 2,250 shares of the aerospace company’s stock valued at $1,042,000 after acquiring an additional 595 shares during the last quarter. Finally, Sei Investments Co. lifted its position in Lockheed Martin by 18.2% in the second quarter. Sei Investments Co. now owns 86,569 shares of the aerospace company’s stock valued at $40,092,000 after acquiring an additional 13,300 shares during the last quarter. Institutional investors and hedge funds own 74.19% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. JPMorgan Chase & Co. dropped their price objective on Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating on the stock in a report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reduced their target price on Lockheed Martin from $615.00 to $575.00 and set a “hold” rating for the company in a report on Friday, April 24th. BNP Paribas Exane decreased their target price on Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating for the company in a research report on Friday, April 24th. Morgan Stanley dropped their price target on Lockheed Martin from $675.00 to $653.00 and set an “equal weight” rating on the stock in a research note on Friday, April 24th. Finally, Bank of America cut their price target on Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating on the stock in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $607.58.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Lockheed Martin is expanding its role in undersea warfare, highlighted by a $49 million U.S. Navy contract and deeper involvement in the submarine market, which could add to its defense backlog and signal continued demand for its naval systems. Is Lockheed Martin Expanding Its Presence in the Submarine Market?
• Positive Sentiment: Lockheed Martin also expanded its quantum training partnership with Xanadu, reinforcing its push into next-generation technology talent development and advanced computing capabilities that could support future defense programs. Xanadu and Lockheed Martin Expand Quantum Talent Pipeline
• Positive Sentiment: Machina said it won a qualification contract from Lockheed Martin for the JASSM missile program, suggesting continued supplier engagement and ongoing production support for a key missile franchise. Machina Awarded Qualification Contract from Lockheed Martin in Support of JASSM Program
• Neutral Sentiment: Commentary around defense and space spending, including “Golden Dome” and broader missile-defense demand, underscores the long-term opportunity for Lockheed Martin, but it does not reflect a direct company-specific catalyst. Missed Out On The SpaceX IPO? Buy These Industrial Giants Instead.
• Negative Sentiment: Despite the positive contract news, Lockheed Martin stock has been falling recently, with market coverage pointing to a weaker share performance versus the broader market and investor concern around near-term momentum. Lockheed Martin (LMT) Stock Sinks As Market Gains: What You Should Know
• Negative Sentiment: One analyst-style comparison argued General Dynamics may be better positioned for naval dominance than Lockheed Martin, citing concerns about free cash flow and the need for the company’s $3.45 billion Ultra Maritime acquisition to pay off. Lockheed Martin Vs. General Dynamics: Pick General Dynamics for Naval Dominance Despite Lockheed’s $3.5 Billion Ultra Maritime Acquisition

Lockheed Martin Price Performance

Lockheed Martin stock opened at $514.36 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 business has a 50 day simple moving average of $521.90 and a 200-day simple moving average of $571.75. Lockheed Martin Corporation has a 12 month low of $410.11 and a 12 month high of $692.00. The stock has a market capitalization of $118.59 billion, a PE ratio of 24.91, a price-to-earnings-growth ratio of 0.92 and a beta of 0.11.

Lockheed Martin (NYSE:LMT) last posted 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). The firm had revenue of $18.02 billion during the quarter, compared to analysts’ expectations of $18.38 billion. Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. The business’s quarterly revenue was up .3% on a year-over-year basis. During the same quarter last year, the business earned $7.28 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Equities analysts predict that Lockheed Martin Corporation will post 29.94 earnings per share for the current year.

Lockheed Martin Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 1st were issued a $3.45 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $13.80 annualized dividend and a dividend yield of 2.7%. Lockheed Martin’s payout ratio is presently 66.83%.

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.