Savvy Advisors Inc. grew its position in Lockheed Martin Corporation (NYSE:LMT – Free Report) by 59.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,637 shares of the aerospace company’s stock after purchasing an additional 2,847 shares during the quarter. Savvy Advisors Inc.’s holdings in Lockheed Martin were worth $3,694,000 at the end of the most recent reporting period.
A number of other large investors have also made changes to their positions in LMT. McGlone Suttner Wealth Management Inc. boosted its position in shares of Lockheed Martin by 2.0% in the 4th quarter. McGlone Suttner Wealth Management Inc. now owns 985 shares of the aerospace company’s stock worth $476,000 after purchasing an additional 19 shares in the last quarter. Sheets Smith Wealth Management grew its stake in Lockheed Martin by 2.2% during the 4th quarter. Sheets Smith Wealth Management now owns 873 shares of the aerospace company’s stock worth $422,000 after buying an additional 19 shares during the last quarter. Wealth Advisory Solutions LLC increased its position in Lockheed Martin by 3.7% during the 4th quarter. Wealth Advisory Solutions LLC now owns 554 shares of the aerospace company’s stock valued at $268,000 after buying an additional 20 shares in the last quarter. Old North State Wealth Management LLC increased its position in Lockheed Martin by 2.0% during the 3rd quarter. Old North State Wealth Management LLC now owns 1,073 shares of the aerospace company’s stock valued at $539,000 after buying an additional 21 shares in the last quarter. Finally, GS Investments Inc. raised its stake in Lockheed Martin by 1.0% in the third quarter. GS Investments Inc. now owns 2,231 shares of the aerospace company’s stock valued at $1,114,000 after buying an additional 22 shares during the last quarter. 74.19% of the stock is owned by institutional investors and hedge funds.
Lockheed Martin Stock Up 0.0%
Shares of LMT stock opened at $623.03 on Friday. Lockheed Martin Corporation has a fifty-two week low of $410.11 and a fifty-two week high of $692.00. The firm has a market capitalization of $143.59 billion, a PE ratio of 28.99, a P/E/G ratio of 1.12 and a beta of 0.23. The company has a debt-to-equity ratio of 3.05, a quick ratio of 0.94 and a current ratio of 1.09. The stock’s 50-day simple moving average is $636.22 and its 200-day simple moving average is $542.31.
Lockheed Martin Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 2nd were paid a $3.45 dividend. The ex-dividend date was Monday, March 2nd. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.2%. Lockheed Martin’s dividend payout ratio is presently 64.22%.
Wall Street Analyst Weigh In
Several brokerages have weighed in on LMT. TD Cowen raised their price target on Lockheed Martin from $600.00 to $670.00 and gave the stock a “hold” rating in a report on Friday, January 30th. Morgan Stanley set a $675.00 price objective on shares of Lockheed Martin in a report on Wednesday, February 4th. UBS Group lifted their target price on shares of Lockheed Martin from $580.00 to $663.00 and gave the stock a “neutral” rating in a research note on Monday, February 2nd. Wall Street Zen downgraded shares of Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research report on Sunday, March 22nd. Finally, Argus boosted their target price on shares of Lockheed Martin from $530.00 to $735.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. Seven investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $634.74.
Get Our Latest Stock Analysis on LMT
Lockheed Martin News Roundup
Here are the key news stories impacting Lockheed Martin this week:
- Positive Sentiment: White House fiscal 2027 defense budget proposal calls for a very large increase in U.S. military spending, highlighting funding for F‑35 jets and missile programs that directly benefit Lockheed’s prime platforms and could boost multi‑year procurement. The Defense Budget Request Is Here. It’s Quite Something.
- Positive Sentiment: Multiple reports emphasize the same budget jump (Barron’s / QuiverQuant coverage) that would lift defense contractors broadly, reinforcing investor expectations for higher backlog and revenue for LMT. The Defense Budget Request Is Here. It’s Quite Something.
- Positive Sentiment: Lockheed’s Orion spacecraft successfully launched on the Artemis II crewed mission — a high‑profile win that validates Lockheed’s space systems capabilities, supporting future NASA and national security space revenue and improving investor sentiment. Lockheed Martin-built Orion Spacecraft Sends Astronauts Moonward for the First Time in 53 Years
- Positive Sentiment: Lockheed won a $1.36 billion contract modification for CPS work (Navy/USMC), adding to near‑term funded backlog and supporting revenue visibility. Lockheed Martin Wins Another $1.36 Billion For CPS Modification
- Neutral Sentiment: Analysts: Wells Fargo initiated coverage with a “hold” (neutral tone) while other outlets note a recent analyst upgrade that briefly pushed shares higher — investor reaction is mixed between cautious valuation views and continued confidence in growth prospects. Lockheed Martin (LMT) Initiated with a Hold at Wells Fargo
- Neutral Sentiment: Coverage pieces highlight Lockheed’s efforts to expand missile production capacity and supply‑chain upgrades — positive operational moves but with execution and capital intensity that investors will track. Is Lockheed Martin Expanding Its Missile Production Capacity?
- Negative Sentiment: Geopolitical flare‑ups: an F‑15E was reported downed over Iran — short‑term uncertainty around operations and potential escalation can add volatility to defense names despite potential procurement tailwinds. An F15-E Just Went Down in Iran. What to Know About the $90 Million Jet.
- Negative Sentiment: Bear/contrarian takes and “avoid” pieces argue valuation concerns after a strong run and cite reasons to be cautious (profit‑taking risk, execution/production ramp questions), which can cap near‑term upside. 3 Reasons to Avoid LMT and 1 Stock to Buy Instead
Lockheed Martin 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.
Further Reading
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