Clarus Wealth Advisors Sells 1,208 Shares of Lockheed Martin Corporation $LMT

Clarus Wealth Advisors decreased its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 55.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 962 shares of the aerospace company’s stock after selling 1,208 shares during the quarter. Clarus Wealth Advisors’ holdings in Lockheed Martin were worth $508,000 as of its most recent SEC filing.

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

Lockheed Martin Stock Performance

Shares of LMT opened at $597.35 on Wednesday. The company has a market capitalization of $137.86 billion, a PE ratio of 22.02, a price-to-earnings-growth ratio of 1.04 and a beta of 0.10. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.19 and a quick ratio of 1.01. Lockheed Martin Corporation has a one year low of $425.00 and a one year high of $692.00. The company’s fifty day moving average price is $537.38 and its 200 day moving average price is $576.08.

Lockheed Martin (NYSE:LMT) last released its quarterly earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 net margin of 8.16% and a return on equity of 91.42%. The business’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same period in the prior year, the company earned $1.46 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. As a group, analysts expect that Lockheed Martin Corporation will post 30.36 earnings per share for the current year.

Lockheed Martin Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Tuesday, September 1st will be given a dividend of $3.45 per share. This represents a $13.80 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Tuesday, September 1st. Lockheed Martin’s payout ratio is currently 50.87%.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: The Pentagon awarded Lockheed Martin a seven-year, up to $53.86 billion undefinitized contract action for PAC-3 Missile Segment Enhancement interceptors. Including a prior $4.7 billion award, the multiyear opportunity could total approximately $58.62 billion, providing substantial backlog visibility and reinforcing demand for the company’s missile-defense portfolio. Pentagon PAC-3 contract article
• Positive Sentiment: Lockheed Martin reported a successful static-fire test of the Stage 2 motor for its Next Generation Interceptor program. The milestone supports progress in a strategically important missile-defense program and could strengthen the company’s position in future government awards. Next Generation Interceptor test article
• Positive Sentiment: The company introduced Strigo, a modular family of sensors, missile datalinks, and seeker technologies designed for multiple defense missions. The common architecture may improve product flexibility and support future sales across air-defense and missile-defense applications. Strigo product announcement
• Neutral Sentiment: Television host Jim Cramer called Lockheed Martin “sensational,” citing its defense-market position and dividend. The endorsement may support investor sentiment, but it does not change the company’s earnings outlook or fundamentals. Jim Cramer endorsement article
• Negative Sentiment: The large PAC-3 award is currently undefinitized, meaning final terms and pricing remain subject to negotiation. Investors may also be focused on the lengthy seven-year delivery period, execution challenges, and whether the contract’s benefits are already reflected in LMT’s valuation. No new negative operating update was reported in the supplied articles.

Analysts Set New Price Targets

A number of analysts have weighed in on LMT shares. JPMorgan Chase & Co. reduced their price target on Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating for the company in a research report on Tuesday, May 5th. Citigroup raised Lockheed Martin from a “neutral” rating to a “buy” rating and increased their price objective for the company from $571.00 to $582.00 in a report on Wednesday, July 1st. TD Cowen cut their price objective on Lockheed Martin from $600.00 to $560.00 and set a “hold” rating on the stock in a research note on Monday, July 13th. Jefferies Financial Group restated a “hold” rating on shares of Lockheed Martin in a report on Sunday, July 26th. Finally, BNP Paribas Exane decreased their target price on Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating for the company in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $626.33.

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.