6,563 Lockheed Martin Corporation $LMT Shares Sold by Western Financial Corp CA

Western Financial Corp CA cut its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 82.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,421 shares of the aerospace company’s stock after selling 6,563 shares during the period. Western Financial Corp CA’s holdings in Lockheed Martin were worth $724,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of LMT. Stonebridge Financial Group LLC MO boosted its stake in Lockheed Martin by 2.8% during the 1st quarter. Stonebridge Financial Group LLC MO now owns 658 shares of the aerospace company’s stock worth $397,000 after purchasing an additional 18 shares during the period. Rooted Wealth Advisors Inc. grew its position in Lockheed Martin by 1.8% during the 1st quarter. Rooted Wealth Advisors Inc. now owns 1,036 shares of the aerospace company’s stock worth $602,000 after purchasing an additional 18 shares during the last quarter. Beacon Capital Management LLC increased its stake in Lockheed Martin by 4.5% in the second quarter. Beacon Capital Management LLC now owns 442 shares of the aerospace company’s stock valued at $225,000 after purchasing an additional 19 shares during the period. Lee Johnson Capital Management LLC increased its stake in Lockheed Martin by 1.6% in the first quarter. Lee Johnson Capital Management LLC now owns 1,239 shares of the aerospace company’s stock valued at $749,000 after purchasing an additional 20 shares during the period. Finally, Lexington Hill Partners LLC increased its stake in Lockheed Martin by 2.0% in the second quarter. Lexington Hill Partners LLC now owns 1,004 shares of the aerospace company’s stock valued at $512,000 after purchasing an additional 20 shares during the period. 74.19% of the stock is owned by institutional investors and hedge funds.

Lockheed Martin Stock Performance

NYSE:LMT traded up $17.59 during midday trading on Wednesday, reaching $521.61. The stock had a trading volume of 1,476,775 shares, compared to its average volume of 1,441,088. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 2.34. The stock has a market cap of $120.38 billion, a P/E ratio of 19.23, a P/E/G ratio of 1.11 and a beta of 0.09. The firm has a fifty day simple moving average of $543.57 and a two-hundred day simple moving average of $544.37. Lockheed Martin Corporation has a 12-month low of $437.25 and a 12-month high of $692.00.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, topping analysts’ consensus estimates of $7.22 by $0.72. The company had revenue of $20.06 billion during the quarter, compared to the consensus estimate of $19.34 billion. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. Lockheed Martin’s quarterly revenue was up 10.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.46 EPS. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. On average, equities analysts expect that Lockheed Martin Corporation will post 30.44 EPS for the current year.

Lockheed Martin Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Tuesday, December 1st will be given a dividend of $3.60 per share. This represents a $14.40 annualized dividend and a yield of 2.8%. The ex-dividend date is Tuesday, December 1st. This is a positive change from Lockheed Martin’s previous quarterly dividend of $3.45. Lockheed Martin’s payout ratio is presently 50.87%.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Analyst support and defense demand: Vertical Research upgraded LMT to “buy,” citing demand for missile-defense systems and production momentum. Bernstein remains more cautious, creating a mixed analyst picture. Why Lockheed Martin Stock Popped Today
• Positive Sentiment: Expanded munitions capacity: Lockheed Martin plans to invest $300 million at its Grand Prairie, Texas, facility, expand manufacturing space beyond 735,000 square feet and create approximately 6,000 U.S. jobs. The expansion is intended to accelerate production of critical munitions and improve supply-chain capacity. Lockheed Martin Expands Advanced Munitions Manufacturing in Texas
• Positive Sentiment: Long-term manufacturing partnership: A seven-year agreement with Hadrian will bring automated manufacturing capabilities into Lockheed’s Missiles and Fire Control facility in Texas, potentially increasing production efficiency for missile systems. Lockheed also agreed with Avio to expand U.S. solid rocket motor production for programs including ER GMLRS and PrSM. Hadrian Expands Partnership with Lockheed Martin
• Positive Sentiment: Program visibility: The PAC-3 Edge interceptor launch and continued PAC-3, THAAD and other missile-defense activity reinforce expectations for sustained backlog and government demand. Investors are also watching the recently increased quarterly dividend and potential confirmation of full-year EPS guidance at the upcoming earnings report. Lockheed Martin Debuts PAC-3 Edge Interceptor
• Neutral Sentiment: Valuation debate: LMT trades below its historical average and below its 50-day and 200-day moving averages, which may appeal to value investors. However, the discount may reflect concerns about execution and slower growth rather than a clear bargain. Lockheed Martin Trades Below Its Historical Average
• Negative Sentiment: Contract-risk overhang: Investors remain concerned about the $1.6 billion in reach-forward losses recorded in the second quarter of 2025 on fixed-price aircraft and helicopter programs. These past charges continue to raise questions about cost controls and execution.
• Negative Sentiment: Insider selling and mixed research: Recent reported insider transactions consisted of sales, while Bernstein’s unfavorable view contrasts with Vertical Research’s bullish call. That disagreement could limit upside until Lockheed demonstrates stronger operational results.

Analysts Set New Price Targets

LMT has been the subject of several recent research reports. Robert W. Baird set a $700.00 target price on shares of Lockheed Martin in a research note on Friday, July 24th. Wall Street Zen raised Lockheed Martin from a “buy” rating to a “strong-buy” rating in a report on Sunday, September 20th. TD Cowen dropped their price target on Lockheed Martin from $600.00 to $570.00 and set a “hold” rating on the stock in a research report on Friday, October 9th. Vertical Research raised Lockheed Martin from a “hold” rating to a “buy” rating and set a $600.00 price objective for the company in a research note on Wednesday. Finally, Wells Fargo & Company set a $600.00 price objective on Lockheed Martin in a research note on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $630.48.

Lockheed Martin Company Profile

Lockheed Martin Corporation is a global aerospace, defense and technology company headquartered in Bethesda, Maryland. The company develops and produces advanced systems for government and commercial customers, with the U.S. Department of Defense and other U.S. government agencies representing its primary customers.

Its principal activities include the design and manufacture of military aircraft, missiles, air and missile defense systems, radar and sensor technologies, naval and rotary-wing systems, satellites, space exploration systems, and cybersecurity and information technology solutions.