Brookstone Capital Management Cuts Holdings in Lockheed Martin Corporation $LMT

Brookstone Capital Management lowered its stake in shares of Lockheed Martin Corporation (NYSE:LMT) by 3.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 27,576 shares of the aerospace company’s stock after selling 912 shares during the quarter. Brookstone Capital Management’s holdings in Lockheed Martin were worth $13,338,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in LMT. Carnegie Investment Counsel lifted its stake in Lockheed Martin by 11.4% during the third quarter. Carnegie Investment Counsel now owns 29,639 shares of the aerospace company’s stock worth $14,796,000 after purchasing an additional 3,031 shares during the last quarter. VCI Wealth Management LLC bought a new position in shares of Lockheed Martin during the 3rd quarter valued at about $3,075,000. DAVENPORT & Co LLC increased its position in shares of Lockheed Martin by 22.4% during the 3rd quarter. DAVENPORT & Co LLC now owns 25,423 shares of the aerospace company’s stock valued at $12,688,000 after purchasing an additional 4,652 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Lockheed Martin by 29.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 10,036 shares of the aerospace company’s stock valued at $5,010,000 after buying an additional 2,270 shares in the last quarter. Finally, Oppenheimer & Co. Inc. raised its holdings in shares of Lockheed Martin by 9.3% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 39,410 shares of the aerospace company’s stock valued at $19,674,000 after buying an additional 3,352 shares in the last quarter. 74.19% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have issued reports on the company. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $654.00 target price on shares of Lockheed Martin in a research note on Friday, February 6th. BNP Paribas Exane lifted their price target on shares of Lockheed Martin from $550.00 to $570.00 and gave the stock an “outperform” rating in a research note on Thursday, January 8th. Wall Street Zen lowered shares of Lockheed Martin from a “strong-buy” rating to a “buy” rating in a report on Sunday, March 22nd. Citigroup upped their price objective on shares of Lockheed Martin from $592.00 to $673.00 and gave the company a “neutral” rating in a research note on Thursday, February 5th. Finally, JPMorgan Chase & Co. increased their target price on shares of Lockheed Martin from $515.00 to $680.00 and gave the company a “neutral” rating in a report on Friday, January 30th. Seven analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $623.16.

Lockheed Martin Trading Up 0.9%

Shares of LMT stock opened at $604.03 on Wednesday. The business has a 50-day moving average of $634.31 and a 200 day moving average of $539.67. The company has a debt-to-equity ratio of 3.05, a current ratio of 1.09 and a quick ratio of 0.94. Lockheed Martin Corporation has a 1-year low of $410.11 and a 1-year high of $692.00. The stock has a market capitalization of $139.21 billion, a PE ratio of 28.11, a P/E/G ratio of 1.08 and a beta of 0.22.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings results on Thursday, January 29th. The aerospace company reported $5.80 EPS for the quarter, missing analysts’ consensus estimates of $6.33 by ($0.53). Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.The company had revenue of $20.32 billion during the quarter, compared to analysts’ expectations of $19.84 billion. During the same period last year, the firm earned $7.67 earnings per share. Lockheed Martin’s revenue for the quarter was up 9.1% on a year-over-year basis. As a group, sell-side analysts anticipate that Lockheed Martin Corporation will post 27.15 earnings per share for the current year.

Lockheed Martin Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 2nd were paid a $3.45 dividend. This represents a $13.80 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend was Monday, March 2nd. Lockheed Martin’s payout ratio is presently 64.22%.

More Lockheed Martin News

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

• Positive Sentiment: Opened a new Rapid Fielding/Prototyping center designed to speed development, testing and prototype production—this should help Lockheed respond faster to accelerated government acquisition timelines and win more near-term work. Lockheed Martin Opens Rapid Fielding Center
• Positive Sentiment: Production ramp for Precision Strike Missile and a framework agreement to scale capacity could drive multi‑year revenue and backlog growth as missile demand rises. Analysts are revisiting valuation with the production ramp in mind. A Look At Lockheed Martin (LMT) Valuation
• Neutral Sentiment: Several bullish deep‑dive pieces and high search interest (Seeking Alpha DCF target, Zacks coverage) are increasing investor attention and providing positive narratives, but these are analyst views rather than contract news. Why Lockheed Martin Is Heading To $843
• Neutral Sentiment: Retail and institutional search/interest spikes (Zacks/Yahoo summaries) can amplify intraday moves but don’t necessarily change fundamentals. Investors Heavily Search Lockheed Martin
• Negative Sentiment: Pentagon reportedly cut the Air Force’s F‑35 order roughly in half amid budget cuts—directly reduces near‑term production volume and revenue visibility for Lockheed’s F‑35 business. Lockheed Martin Hit As Pentagon Slashes Air Force’s F-35 Order
• Negative Sentiment: NASA signaled an Artemis program reset that could phase out Boeing’s SLS and review Lockheed’s Orion role—this raises the risk of contract reshaping or loss on a high‑profile space program. Lockheed Martin Faces Artemis Reset And Governance Questions
• Negative Sentiment: Media reports and market chatter about unusual ETF/defense‑fund trades tied to U.S. strikes have prompted governance and timing questions; any regulatory or reputational fallout could pressure the stock. Market Chatter: ETF Trades Before Iran Attack

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.