Isthmus Partners LLC Has $14.38 Million Holdings in Lockheed Martin Corporation $LMT

Isthmus Partners LLC cut its position in Lockheed Martin Corporation (NYSE:LMT) by 4.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,799 shares of the aerospace company’s stock after selling 1,220 shares during the quarter. Lockheed Martin comprises approximately 1.5% of Isthmus Partners LLC’s holdings, making the stock its 20th biggest position. Isthmus Partners LLC’s holdings in Lockheed Martin were worth $14,384,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. CFS Investment Advisory Services LLC increased its holdings in Lockheed Martin by 9.3% during the first quarter. CFS Investment Advisory Services LLC now owns 1,151 shares of the aerospace company’s stock worth $682,000 after buying an additional 98 shares during the last quarter. First Interstate Bank acquired a new stake in Lockheed Martin in the first quarter valued at $230,000. IAG Wealth Partners LLC lifted its stake in Lockheed Martin by 4,800.0% in the first quarter. IAG Wealth Partners LLC now owns 49 shares of the aerospace company’s stock valued at $30,000 after acquiring an additional 48 shares during the last quarter. Penobscot Investment Management Company Inc. grew its position in shares of Lockheed Martin by 0.8% in the 1st quarter. Penobscot Investment Management Company Inc. now owns 6,363 shares of the aerospace company’s stock valued at $3,846,000 after acquiring an additional 50 shares during the period. Finally, Richmond Investment Services LLC grew its position in shares of Lockheed Martin by 5.0% in the 1st quarter. Richmond Investment Services LLC now owns 479 shares of the aerospace company’s stock valued at $289,000 after acquiring an additional 23 shares during the period. 74.19% of the stock is owned by institutional investors.

Lockheed Martin Trading Down 1.4%

LMT stock opened at $527.65 on Thursday. 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 company’s 50-day simple moving average is $521.34 and its 200 day simple moving average is $570.48. Lockheed Martin Corporation has a 52 week low of $410.11 and a 52 week high of $692.00. The company has a market capitalization of $121.65 billion, a PE ratio of 25.55, a price-to-earnings-growth ratio of 0.97 and a beta of 0.11.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings data on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share for the quarter, missing the consensus estimate of $6.79 by ($0.35). The business had revenue of $18.02 billion during the quarter, compared to analyst estimates of $18.38 billion. Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.Lockheed Martin’s revenue for the quarter was up .3% compared to the same quarter last year. During the same quarter last year, the firm earned $7.28 EPS. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. As a group, sell-side analysts anticipate that Lockheed Martin Corporation will post 29.93 earnings per share for the current year.

Lockheed Martin Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 1st were issued a dividend of $3.45 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $13.80 annualized dividend and a dividend yield of 2.6%. Lockheed Martin’s dividend payout ratio (DPR) is currently 66.83%.

Analyst Upgrades and Downgrades

LMT has been the topic of a number of research analyst reports. Weiss Ratings cut shares of Lockheed Martin from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, June 9th. Susquehanna reduced their price target on Lockheed Martin from $740.00 to $700.00 and set a “positive” rating for the company in a report on Friday, April 24th. Citigroup raised Lockheed Martin from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $571.00 to $582.00 in a research report on Wednesday, July 1st. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Lockheed Martin in a research report on Friday, May 29th. Finally, DZ Bank upgraded Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 30th. 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $609.68.

More Lockheed Martin News

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

• Positive Sentiment: Lockheed Martin won two U.S. defense contracts worth more than $607 million, adding to its backlog and reinforcing steady demand across its defense programs. Lockheed Martin wins two U.S. defense contracts worth over $607M
• Positive Sentiment: Lockheed Martin and Rheinmetall advanced a plan to co-produce ATACMS missiles in Germany, while NATO allies also accelerated PAC-3 sustainment efforts in Europe, signaling expanding international demand for Lockheed’s missile systems. Reuters article on ATACMS co-production in Germany
• Positive Sentiment: Reports from the NATO summit highlighted billions in defense deals and rising European spending, which could support future orders for Lockheed Martin’s missiles, F-35s and other systems. Reuters article on NATO arms deals
• Neutral Sentiment: Lockheed Martin was also mentioned in a story about a White House helipad funded by its Sikorsky unit; this is more of a headline item than a meaningful earnings driver. Business Insider helipad article
• Negative Sentiment: Despite the contract wins, recent coverage says Lockheed Martin continues to face program execution challenges, and the stock has lagged its industry over the past month, which may be weighing on sentiment. Zacks article on pullback and execution challenges

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.