Lockheed Martin Corporation $LMT Shares Sold by Cullinan Associates Inc.

Cullinan Associates Inc. cut its holdings in Lockheed Martin Corporation (NYSE:LMT) by 9.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,974 shares of the aerospace company’s stock after selling 1,974 shares during the quarter. Lockheed Martin accounts for 0.9% of Cullinan Associates Inc.’s portfolio, making the stock its 29th biggest holding. Cullinan Associates Inc.’s holdings in Lockheed Martin were worth $10,864,000 as of its most recent SEC filing.

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

Analysts Set New Price Targets

LMT has been the topic of several recent analyst reports. Sanford C. Bernstein restated a “market perform” rating on shares of Lockheed Martin in a research report on Friday, May 29th. BNP Paribas Exane decreased their price target on Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating on the stock in a research note on Friday, April 24th. Citigroup upgraded Lockheed Martin from a “neutral” rating to a “buy” rating and upped their price target for the stock from $571.00 to $582.00 in a report on Wednesday, July 1st. Weiss Ratings cut Lockheed Martin from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, June 9th. Finally, DZ Bank upgraded Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s 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: Several reports argue that Lockheed Martin looks attractive on a value basis versus peer Howmet Aerospace, highlighting LMT as a potentially stronger choice for value investors. LMT or HWM: Which Is the Better Value Stock Right Now?
• Positive Sentiment: Commentary around the proposed 2027 defense budget suggests the bull case for Lockheed Martin remains compelling, reinforcing expectations for steady government demand. Lockheed Martin: The Proposed 2027 Defense Budget Makes The Bull Case Hard To Ignore
• Positive Sentiment: MarketBeat noted Lockheed Martin’s large backlog and new Defense Department contracts as evidence of a strong defense “moat,” which supports revenue visibility. Lockheed Martin Secures the Ultimate Defense Moat
• Positive Sentiment: Goldman Sachs won a $70 billion retirement-asset mandate from Lockheed Martin, a sign of ongoing corporate financial activity that may be viewed positively by investors. Goldman Sachs wins $70 billion in asset management deals with Verizon, Lockheed Martin
• Neutral Sentiment: One article simply frames LMT as a “strong value stock” based on Zacks’ style scores, but it does not add a major new catalyst. Here’s Why Lockheed Martin (LMT) is a Strong Value Stock
• Neutral Sentiment: Coverage about a defense investor’s view on the future of warfare is broadly supportive of the sector, but it does not specifically point to a direct move in Lockheed Martin. Defense Investor: 300 Companies Could Define the Future of Warfare
• Negative Sentiment: Recent coverage also points to Q1 2026 margin compression and a need to watch the upcoming earnings report, which may be limiting enthusiasm. Lockheed Martin Secures the Ultimate Defense Moat
• Negative Sentiment: Separately, LMT was recently noted as having a more significant dip than the broader market, reflecting some short-term weakness before today’s rebound. Lockheed Martin (LMT) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Lockheed Martin Price Performance

Shares of NYSE LMT traded up $4.80 on Friday, hitting $523.06. The company’s stock had a trading volume of 662,167 shares, compared to its average volume of 1,280,062. The stock has a 50 day moving average of $521.71 and a 200-day moving average of $570.46. The company has a market capitalization of $120.60 billion, a price-to-earnings ratio of 25.33, a price-to-earnings-growth ratio of 0.94 and a beta of 0.11. Lockheed Martin Corporation has a 12-month low of $410.11 and a 12-month high of $692.00. The company has a debt-to-equity ratio of 2.74, a current ratio of 1.14 and a quick ratio of 0.94.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings data on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.79 by ($0.35). The company had revenue of $18.02 billion for 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%.The company’s revenue for the quarter was up .3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $7.28 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. As a group, research analysts predict that Lockheed Martin Corporation will post 29.94 EPS for the current year.

Lockheed Martin Dividend Announcement

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

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.