Empowered Funds LLC Has $35.02 Million Stock Holdings in Lockheed Martin Corporation $LMT

Empowered Funds LLC trimmed its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 11.2% in the first quarter, Holdings Channel.com reports. The fund owned 57,947 shares of the aerospace company’s stock after selling 7,308 shares during the quarter. Empowered Funds LLC’s holdings in Lockheed Martin were worth $35,023,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in LMT. Welch Group LLC boosted its stake in shares of Lockheed Martin by 1.5% in the 4th quarter. Welch Group LLC now owns 132,684 shares of the aerospace company’s stock valued at $64,175,000 after purchasing an additional 1,999 shares in the last quarter. World Investment Advisors increased its position in shares of Lockheed Martin by 54.7% during the 4th quarter. World Investment Advisors now owns 14,739 shares of the aerospace company’s stock worth $7,129,000 after purchasing an additional 5,214 shares in the last quarter. SG Americas Securities LLC increased its position in shares of Lockheed Martin by 5.4% during the 1st quarter. SG Americas Securities LLC now owns 276,383 shares of the aerospace company’s stock worth $167,043,000 after purchasing an additional 14,150 shares in the last quarter. Secured Retirement Advisors LLC lifted its holdings in Lockheed Martin by 288.6% during the 4th quarter. Secured Retirement Advisors LLC now owns 3,128 shares of the aerospace company’s stock valued at $1,513,000 after purchasing an additional 2,323 shares during the last quarter. Finally, Savvy Advisors Inc. lifted its holdings in Lockheed Martin by 59.4% during the 4th quarter. Savvy Advisors Inc. now owns 7,637 shares of the aerospace company’s stock valued at $3,694,000 after purchasing an additional 2,847 shares during the last quarter. 74.19% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed Martin is participating in a framework agreement with the Department of War and L3Harris to substantially increase production of PAC-3 MSE missiles. The multiyear procurement structure could improve order visibility and support long-term sales for Lockheed’s missile-defense business. L3Harris PAC-3 MSE production agreement
• Positive Sentiment: A separate agreement is expected to quadruple propulsion production for the THAAD missile-defense system, reinforcing demand for Lockheed’s air- and missile-defense portfolio and signaling government support for expanded capacity. L3Harris THAAD propulsion agreement
• Positive Sentiment: Recent coverage highlights Lockheed’s quarterly earnings beat, record backlog and raised investor interest following renewed geopolitical tensions, including the Iran conflict. Broader NATO rearmament and higher U.S. defense spending also provide a favorable demand backdrop. RTX and Lockheed earnings and backlog
• Positive Sentiment: Zacks classifies LMT as a strong value stock, potentially attracting investors seeking a large defense contractor with durable government demand and improving production prospects. Zacks Lockheed Martin value analysis
• Neutral Sentiment: Lockheed is reportedly building weapons before receiving Pentagon orders, which could help it respond quickly to urgent demand but may tie up cash and increase inventory or contracting risk if orders are delayed. Lockheed Martin weapons production ahead of orders
• Negative Sentiment: After a strong earnings rally, investors may be taking profits and reassessing whether the stock’s elevated valuation already reflects much of the backlog, geopolitical and defense-spending upside. This helps explain weaker trading despite favorable long-term headlines. Lockheed Martin record backlog market concerns

Lockheed Martin Trading Down 0.4%

LMT stock opened at $580.32 on Tuesday. 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 twelve month low of $412.55 and a twelve month high of $692.00. The company has a market cap of $133.93 billion, a P/E ratio of 21.39, a PEG ratio of 1.04 and a beta of 0.11. The business has a fifty day moving average of $524.82 and a 200-day moving average of $574.05.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.22 by $0.72. The business had revenue of $20.06 billion for the quarter, compared to analysts’ expectations of $19.34 billion. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.The firm’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same quarter last year, the business earned $1.46 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. As a group, equities research analysts expect that Lockheed Martin Corporation will post 30.12 EPS for the current year.

Lockheed Martin Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Tuesday, September 1st will be given a dividend of $3.45 per share. The ex-dividend date is Tuesday, September 1st. This represents a $13.80 dividend on an annualized basis and a yield of 2.4%. Lockheed Martin’s dividend payout ratio is presently 50.87%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on LMT shares. Citigroup raised shares of Lockheed Martin from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $571.00 to $582.00 in a research note on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft reduced 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. Robert W. Baird set a $700.00 price target on Lockheed Martin in a research report on Friday. DZ Bank raised Lockheed Martin from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 30th. Finally, Bank of America cut their price objective on Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating for the company in a research report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $626.33.

Lockheed Martin Company 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.