Lockheed Martin Corporation $LMT Stake Increased by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC lifted its holdings in Lockheed Martin Corporation (NYSE:LMT) by 51.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,988 shares of the aerospace company’s stock after buying an additional 1,685 shares during the period. EverSource Wealth Advisors LLC’s holdings in Lockheed Martin were worth $3,015,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of LMT. Cerro Pacific Wealth Advisors LLC increased its holdings in shares of Lockheed Martin by 1.2% in the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 1,376 shares of the aerospace company’s stock valued at $665,000 after purchasing an additional 16 shares during the period. Garner Asset Management Corp increased its stake in Lockheed Martin by 0.9% in the 4th quarter. Garner Asset Management Corp now owns 1,735 shares of the aerospace company’s stock valued at $839,000 after buying an additional 16 shares during the period. Davis R M Inc. increased its stake in Lockheed Martin by 1.3% in the 4th quarter. Davis R M Inc. now owns 1,264 shares of the aerospace company’s stock valued at $612,000 after buying an additional 16 shares during the period. Broadway Wealth Solutions Inc. lifted its position in Lockheed Martin by 3.6% in the 4th quarter. Broadway Wealth Solutions Inc. now owns 484 shares of the aerospace company’s stock worth $234,000 after buying an additional 17 shares in the last quarter. Finally, Aspire Growth Partners LLC boosted its stake in shares of Lockheed Martin by 0.7% during the 4th quarter. Aspire Growth Partners LLC now owns 2,515 shares of the aerospace company’s stock valued at $1,217,000 after buying an additional 17 shares during the period. Hedge funds and other institutional investors own 74.19% of the company’s stock.

Lockheed Martin Trading Down 1.9%

NYSE:LMT opened at $570.21 on Thursday. The company’s 50 day moving average is $526.88 and its 200-day moving average is $575.01. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 2.34. Lockheed Martin Corporation has a 12 month low of $412.55 and a 12 month high of $692.00. The firm has a market cap of $131.60 billion, a price-to-earnings ratio of 21.02, a P/E/G ratio of 1.00 and a beta of 0.11.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.22 by $0.72. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The business had revenue of $20.06 billion during the quarter, compared to the consensus estimate of $19.34 billion. During the same period in the prior year, the firm earned $1.46 EPS. Lockheed Martin’s quarterly revenue was up 10.5% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Equities analysts anticipate that Lockheed Martin Corporation will post 30.28 EPS for the current year.

Lockheed Martin Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Tuesday, September 1st will be given a $3.45 dividend. This represents a $13.80 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 1st. Lockheed Martin’s dividend payout ratio (DPR) is currently 50.87%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on LMT shares. Jefferies Financial Group reiterated a “hold” rating on shares of Lockheed Martin in a report on Sunday. Wall Street Zen raised Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research note on Saturday, July 25th. Susquehanna reduced their price target on Lockheed Martin from $740.00 to $700.00 and set a “positive” rating for the company in a report on Friday, April 24th. Royal Bank Of Canada increased their price objective on Lockheed Martin from $575.00 to $600.00 and gave the stock a “sector perform” rating in a report on Friday, July 24th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating for the company in a research note on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $626.33.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: The U.S. government awarded Lockheed Martin a seven-year contract worth up to $58.62 billion for PAC-3 Missile Segment Enhancement interceptor production. The award is the largest Patriot missile deal to date and should significantly expand Lockheed’s backlog, manufacturing visibility and future cash-flow potential as global conflicts deplete missile inventories. Department of War Awards Lockheed Martin $58.62B for Multiyear PAC-3 MSE Production
• Positive Sentiment: The Patriot award reinforces the company’s missile growth outlook, alongside demand for PAC-3, THAAD and PrSM systems. Recent coverage highlighted record backlog of approximately $230 billion, recovering free cash flow of $2.9 billion and strong Missile and Fire Control segment growth. Lockheed Martin: Missiles Make Valuation Attractive Again
• Positive Sentiment: Lockheed also showcased the MORFIUS X-Rotor counter-drone system, which uses high-power microwave energy to disable drone swarms. The technology could benefit from military demand for lower-cost defenses against increasingly common unmanned threats. Tech Weekly: Tesla under strain, Lockheed innovates drone fighter
• Neutral Sentiment: The contract is an undefinitized contract action and is stated as “up to” $58.62 billion, so the final value, timing and profitability may differ from the headline amount. Investors may also be awaiting details on production capacity and margins.
• Negative Sentiment: The stock’s decline suggests some investors may be taking profits or remaining cautious about valuation and execution, even after strong quarterly results and raised full-year earnings guidance. The award is strategically positive, but much of the missile-growth outlook may already be reflected in the share price.

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.