The Manufacturers Life Insurance Company Sells 179,374 Shares of Lockheed Martin Corporation $LMT

The Manufacturers Life Insurance Company cut its stake in shares of Lockheed Martin Corporation (NYSE:LMT) by 27.9% in the first quarter, Holdings Channel reports. The firm owned 463,815 shares of the aerospace company’s stock after selling 179,374 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Lockheed Martin were worth $280,325,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. United Financial Planning Group LLC bought a new stake in shares of Lockheed Martin in the 3rd quarter valued at about $25,000. Basso Capital Management L.P. acquired a new stake in shares of Lockheed Martin in the 4th quarter valued at approximately $25,000. Triumph Capital Management boosted its stake in Lockheed Martin by 66.7% during the 4th quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock worth $26,000 after acquiring an additional 22 shares during the last quarter. Clarity Asset Management Inc. bought a new position in Lockheed Martin during the 4th quarter worth approximately $26,000. Finally, Bard Associates Inc. acquired a new position in Lockheed Martin during the fourth quarter valued at approximately $27,000. Institutional investors own 74.19% of the company’s stock.

Lockheed Martin Trading Down 0.4%

LMT opened at $580.32 on Tuesday. The stock has a market capitalization of $133.93 billion, a P/E ratio of 21.39, a P/E/G ratio of 1.04 and a beta of 0.11. The company has a current ratio of 1.19, a quick ratio of 1.01 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’s fifty day simple moving average is $524.82 and its 200 day simple moving average is $574.05.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share for the quarter, topping the consensus estimate of $7.22 by $0.72. The company had revenue of $20.06 billion during 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%.Lockheed Martin’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.46 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. As a group, research analysts anticipate that Lockheed Martin Corporation will post 30.12 EPS for the current fiscal year.

Lockheed Martin Announces Dividend

The company also recently declared 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 of this dividend 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 50.87%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Morgan Stanley upped their target price on shares of Lockheed Martin from $653.00 to $690.00 and gave the company an “equal weight” rating in a research note on Friday. Weiss Ratings cut shares of Lockheed Martin from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, July 17th. DZ Bank raised shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 30th. Robert W. Baird set a $700.00 price objective on Lockheed Martin in a research note on Friday. Finally, Sanford C. Bernstein reiterated a “market perform” rating on shares of Lockheed Martin in a report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $626.33.

Lockheed Martin News Summary

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 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.