2,318 Lockheed Martin Corporation $LMT Shares Sold by Vise Technologies Inc.

Vise Technologies Inc. lessened its holdings in Lockheed Martin Corporation (NYSE:LMT) by 12.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,475 shares of the aerospace company’s stock after selling 2,318 shares during the quarter. Vise Technologies Inc.’s holdings in Lockheed Martin were worth $8,390,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Cahaba Wealth Management Inc. increased its position in Lockheed Martin by 3.2% in the 3rd quarter. Cahaba Wealth Management Inc. now owns 542 shares of the aerospace company’s stock valued at $276,000 after acquiring an additional 17 shares during the period. Beacon Capital Management LLC raised its stake in shares of Lockheed Martin by 4.5% during the second quarter. Beacon Capital Management LLC now owns 442 shares of the aerospace company’s stock valued at $225,000 after acquiring an additional 19 shares during the last quarter. YANKCOM Partnership lifted its holdings in shares of Lockheed Martin by 0.7% during the third quarter. YANKCOM Partnership now owns 2,575 shares of the aerospace company’s stock worth $1,311,000 after purchasing an additional 19 shares during the period. Capital Square LLC lifted its holdings in shares of Lockheed Martin by 1.1% during the third quarter. Capital Square LLC now owns 1,793 shares of the aerospace company’s stock worth $913,000 after purchasing an additional 19 shares during the period. Finally, Boomfish Wealth Group LLC raised its position in Lockheed Martin by 0.3% during the 3rd quarter. Boomfish Wealth Group LLC now owns 5,748 shares of the aerospace company’s stock worth $2,927,000 after purchasing an additional 19 shares during the last quarter. 74.19% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: The U.S. State Department approved a possible $2.1 billion Patriot missile package for Ukraine, naming Lockheed Martin as the principal contractor. The package includes 500 PAC-3 MSE interceptors, spare parts, logistics and support, and will be financed by allied and Ukrainian funds rather than direct U.S. funding. The sale could add to LMT’s missile backlog, although no delivery schedule was provided. U.S. approves $2.1 billion Patriot missile sale to Ukraine
• Positive Sentiment: Recent coverage highlights Lockheed Martin’s record $292 billion backlog, continued F-35 production at 156 aircraft annually and a 10-year F-35 agreement with the Pentagon. These developments improve long-term revenue visibility and support the case for sustained military demand. Lockheed Martin long-term investor takeaways
• Positive Sentiment: Analysts and investors are also encouraged by potentially better Department of Defense contract terms, with higher-margin Missiles and Fire Control activities expected to improve profitability and reduce development and execution risk. Lockheed Martin backlog analysis
• Neutral Sentiment: Analysts remain divided on LMT versus faster-growing defense companies such as Kratos Defense. While the backlog and F-35 progress are favorable, valuation, cash generation and uncertainty over future U.S. defense budgets remain key considerations. Kratos Defense versus Lockheed Martin analysis
• Negative Sentiment: After a roughly 27% October rally, some investors may be taking profits. Coverage also flags gradually weakening margins and warns that management’s January update on profitability and execution could determine whether the recent advance is sustainable. Lockheed Martin October rally analysis

Analyst Ratings Changes

LMT has been the topic of a number of analyst reports. Wells Fargo & Company set a $600.00 price target on Lockheed Martin in a research report on Monday, July 27th. Wall Street Zen cut Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 17th. JPMorgan Chase & Co. lifted their target price on Lockheed Martin from $620.00 to $665.00 and gave the stock a “neutral” rating in a report on Monday, October 26th. Weiss Ratings upgraded shares of Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 9th. Finally, Royal Bank Of Canada raised their price target on shares of Lockheed Martin from $550.00 to $600.00 and gave the stock a “sector perform” rating in a report on Friday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Lockheed Martin has an average rating of “Moderate Buy” and a consensus target price of $638.05.

Lockheed Martin Trading Up 0.1%

Shares of Lockheed Martin stock opened at $637.60 on Monday. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.10 and a current ratio of 1.26. Lockheed Martin Corporation has a 52 week low of $437.25 and a 52 week high of $692.00. The stock has a 50 day moving average price of $544.17 and a two-hundred day moving average price of $568.87. The stock has a market capitalization of $147.29 billion, a PE ratio of 22.65, a price-to-earnings-growth ratio of 1.35 and a beta of 0.09.

Lockheed Martin (NYSE:LMT) last posted its earnings results on Thursday, October 22nd. The aerospace company reported $7.97 earnings per share for the quarter, beating analysts’ consensus estimates of $7.52 by $0.45. The company had revenue of $20.71 billion for the quarter, compared to analyst estimates of $20.48 billion. Lockheed Martin had a return on equity of 83.41% and a net margin of 8.23%. The company’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter last year, the company earned $6.95 earnings per share. As a group, equities analysts anticipate that Lockheed Martin Corporation will post 30.66 earnings per share for the current fiscal year.

Lockheed Martin Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Tuesday, December 1st will be paid a dividend of $3.60 per share. This is a boost from Lockheed Martin’s previous quarterly dividend of $3.45. The ex-dividend date is Tuesday, December 1st. This represents a $14.40 annualized dividend and a yield of 2.3%. Lockheed Martin’s dividend payout ratio (DPR) is 51.15%.

About Lockheed Martin

Lockheed Martin Corporation is a global security and aerospace company headquartered in Bethesda, Maryland. Formed in 1995 through the merger of Lockheed Corporation and Martin Marietta, the company develops and produces advanced defense, aerospace, and technology systems for government and commercial customers.

Its principal business areas include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. Products and services include military aircraft such as the F-35 Lightning II, C-130 Hercules, and F-16 Fighting Falcon; missile-defense and precision-strike systems; helicopters and naval systems; command, control, communications, and intelligence technologies; satellites; space exploration systems; and other classified space and defense programs.

Lockheed Martin serves the U.S.