Radnor Capital Management LLC Decreases Stock Position in Lockheed Martin Corporation $LMT

Radnor Capital Management LLC trimmed its position in Lockheed Martin Corporation (NYSE:LMT) by 36.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,685 shares of the aerospace company’s stock after selling 975 shares during the quarter. Radnor Capital Management LLC’s holdings in Lockheed Martin were worth $815,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of LMT. Brighton Jones LLC raised its stake in shares of Lockheed Martin by 5.0% in the fourth quarter. Brighton Jones LLC now owns 3,995 shares of the aerospace company’s stock worth $1,941,000 after purchasing an additional 191 shares during the last quarter. Sivia Capital Partners LLC raised its stake in shares of Lockheed Martin by 5.4% in the second quarter. Sivia Capital Partners LLC now owns 973 shares of the aerospace company’s stock worth $451,000 after purchasing an additional 50 shares during the last quarter. Schnieders Capital Management LLC. raised its stake in shares of Lockheed Martin by 17.3% in the second quarter. Schnieders Capital Management LLC. now owns 1,460 shares of the aerospace company’s stock worth $676,000 after purchasing an additional 215 shares during the last quarter. Gamco Investors INC. ET AL raised its stake in shares of 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 worth $1,042,000 after purchasing an additional 595 shares during the last quarter. Finally, Sei Investments Co. raised its stake in shares of Lockheed Martin by 18.2% in the second quarter. Sei Investments Co. now owns 86,569 shares of the aerospace company’s stock worth $40,092,000 after purchasing an additional 13,300 shares during the last quarter. 74.19% of the stock is currently owned by hedge funds and other institutional investors.

Lockheed Martin Stock Performance

Shares of Lockheed Martin stock opened at $526.34 on Wednesday. Lockheed Martin Corporation has a one year low of $410.11 and a one year high of $692.00. The company has a market cap of $121.35 billion, a price-to-earnings ratio of 25.49, a PEG ratio of 0.96 and a beta of 0.10. The company has a debt-to-equity ratio of 2.74, a quick ratio of 0.94 and a current ratio of 1.14. The business’s 50 day moving average price is $585.44 and its 200 day moving average price is $555.74.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings data on Thursday, April 23rd. The aerospace company reported $6.44 EPS for the quarter, missing analysts’ consensus estimates of $6.79 by ($0.35). The company had revenue of $18.02 billion for the quarter, compared to analysts’ expectations of $18.38 billion. Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The business’s quarterly revenue was up .3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $7.28 EPS. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. On average, research analysts predict that Lockheed Martin Corporation will post 29.88 EPS for the current year.

Lockheed Martin Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Monday, June 1st will be issued a $3.45 dividend. This represents a $13.80 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Monday, June 1st. Lockheed Martin’s payout ratio is currently 66.83%.

Analyst Upgrades and Downgrades

Several research firms recently commented on LMT. DZ Bank raised Lockheed Martin from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 30th. The Goldman Sachs Group raised their target price on Lockheed Martin from $464.00 to $517.00 and gave the stock a “sell” rating in a report on Monday, February 2nd. Deutsche Bank Aktiengesellschaft dropped their target price on Lockheed Martin from $615.00 to $575.00 and set a “hold” rating on the stock in a report on Friday, April 24th. JPMorgan Chase & Co. dropped their target price on Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating on the stock in a report on Tuesday, May 5th. Finally, Royal Bank Of Canada dropped their target price on Lockheed Martin from $650.00 to $575.00 and set a “sector perform” rating on the stock in a report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $620.68.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed Martin was selected for Australia’s Virginia-class submarine combat systems, a reminder that the company continues to win large international defense work. Lockheed Martin chosen for Australia’s Virginia-class submarine combat systems
• Positive Sentiment: A successful seeker test for the QuadStar missile competing for the Army’s NGSRI program suggests continued progress on a potential growth opportunity. Lockheed Conducts Successful Seeker Test For QuadStar Missile Competing For Army’s NGSRI
• Positive Sentiment: Investor interest in defense names remains supportive, with Lockheed highlighted as a trending stock and defense funds attracting attention amid higher NATO spending. Here is What to Know Beyond Why Lockheed Martin Corporation (LMT) is a Trending Stock
• Positive Sentiment: Hancock Prospecting’s $97 million investment in U.S. defense contractors, including Lockheed Martin, adds a vote of confidence in the sector. Gina Rinehart Deploys $97M Into U.S. Defense Giants RTX, Lockheed Martin, and Northrop Grumman
• Neutral Sentiment: Sanford C. Bernstein trimmed its price target to $614 from $661, but still sees room above the current share price and kept a Market Perform view. Lockheed Martin (NYSE:LMT) Given New $614.00 Price Target at Sanford C. Bernstein
• Negative Sentiment: Citigroup cut its price target to $571 from $675 and maintained a Neutral rating, reinforcing concerns that the stock may stay range-bound near term. Lockheed Martin (NYSE:LMT) Given New $571.00 Price Target at Citigroup

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.