Empirical Financial Services LLC d.b.a. Empirical Wealth Management Increases Stake in Lockheed Martin Corporation $LMT

Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in Lockheed Martin Corporation (NYSE:LMT) by 171.3% during the 1st quarter, Holdings Channel reports. The fund owned 3,948 shares of the aerospace company’s stock after buying an additional 2,493 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Lockheed Martin were worth $2,386,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. IAG Wealth Partners LLC increased its stake in shares of Lockheed Martin by 4,800.0% in the 1st quarter. IAG Wealth Partners LLC now owns 49 shares of the aerospace company’s stock worth $30,000 after purchasing an additional 48 shares in the last quarter. United Financial Planning Group LLC purchased a new position in Lockheed Martin during the third quarter valued at $25,000. Basso Capital Management L.P. purchased a new position in Lockheed Martin during the fourth quarter valued at $25,000. Clarity Asset Management Inc. bought a new stake in Lockheed Martin during the fourth quarter valued at about $26,000. Finally, TD Capital Management LLC grew its holdings in Lockheed Martin by 450.0% during the fourth quarter. TD Capital Management LLC now owns 55 shares of the aerospace company’s stock valued at $27,000 after purchasing an additional 45 shares during the period. 74.19% of the stock is currently owned by institutional investors.

Lockheed Martin Price Performance

NYSE:LMT opened at $515.32 on Wednesday. The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 2.74. The business’s 50-day simple moving average is $521.89 and its two-hundred day simple moving average is $571.55. The stock has a market cap of $118.81 billion, a PE ratio of 24.96, a P/E/G ratio of 0.93 and a beta of 0.11. Lockheed Martin Corporation has a 52 week low of $410.11 and a 52 week 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). The business had revenue of $18.02 billion during the quarter, compared to the consensus estimate of $18.38 billion. Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The business’s revenue was up .3% on a year-over-year basis. During the same period last year, the company earned $7.28 EPS. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. As a group, analysts forecast that Lockheed Martin Corporation will post 29.94 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors 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 dividend on an annualized basis and a yield of 2.7%. Lockheed Martin’s payout ratio is currently 66.83%.

More Lockheed Martin News

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

• Positive Sentiment: Lockheed Martin’s expanded quantum training partnership with Xanadu highlights growing activity in advanced technologies and could support long-term innovation credibility. Xanadu and Lockheed Martin Expand Quantum Talent Pipeline
• Positive Sentiment: Recent coverage emphasized Lockheed Martin’s very large backlog, which suggests years of future revenue visibility and steady demand for defense programs. Lockheed Martin’s $100 Billion Backlog Signals Long-Term Demand
• Neutral Sentiment: Analysts at TD Cowen lowered their price target on Lockheed Martin and kept a hold rating, signaling more limited near-term upside after the stock’s recent run. Benzinga report on TD Cowen price target cut
• Negative Sentiment: One defense industry commentary argued General Dynamics may be better positioned in naval systems, while noting Lockheed’s Ultra Maritime acquisition and negative free cash flow could weigh on confidence. Lockheed Martin Vs. General Dynamics: Pick General Dynamics for Naval Dominance Despite Lockheed’s $3.5 Billion Ultra Maritime Acquisition
• Negative Sentiment: A market recap noted LMT fell even as the broader market advanced, reinforcing the view that the stock is under pressure from company-specific concerns rather than sector weakness alone. Lockheed Martin (LMT) Stock Sinks As Market Gains: What You Should Know

Analyst Ratings Changes

A number of analysts have commented on LMT shares. Weiss Ratings cut Lockheed Martin from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, June 9th. JPMorgan Chase & Co. lowered their price objective on Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft cut their price objective on Lockheed Martin from $615.00 to $575.00 and set a “hold” rating for the company in a research note on Friday, April 24th. Citigroup raised shares of Lockheed Martin from a “neutral” rating to a “buy” rating and increased their target price for the stock from $571.00 to $582.00 in a report on Wednesday, July 1st. Finally, Sanford C. Bernstein restated a “market perform” rating on shares of Lockheed Martin in a research note on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $607.58.

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.