Ascent Group LLC Sells 838 Shares of Lockheed Martin Corporation $LMT

Ascent Group LLC trimmed its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 10.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,028 shares of the aerospace company’s stock after selling 838 shares during the period. Ascent Group LLC’s holdings in Lockheed Martin were worth $3,399,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Carnegie Investment Counsel grew its stake in shares of Lockheed Martin by 11.4% in 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 Lockheed Martin during the 3rd quarter valued at approximately $3,075,000. DAVENPORT & Co LLC lifted its holdings in Lockheed Martin by 22.4% in the 3rd quarter. DAVENPORT & Co LLC now owns 25,423 shares of the aerospace company’s stock worth $12,688,000 after buying an additional 4,652 shares during the period. Farther Finance Advisors LLC lifted its holdings in Lockheed Martin by 29.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 10,036 shares of the aerospace company’s stock worth $5,010,000 after buying an additional 2,270 shares during the period. Finally, Oppenheimer & Co. Inc. grew its position in shares of Lockheed Martin by 9.3% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 39,410 shares of the aerospace company’s stock worth $19,674,000 after buying an additional 3,352 shares during the last quarter. 74.19% of the stock is owned by institutional investors.

Lockheed Martin Stock Up 0.0%

Shares of NYSE:LMT opened at $623.03 on Monday. Lockheed Martin Corporation has a 52-week low of $410.11 and a 52-week high of $692.00. The firm has a market capitalization of $143.58 billion, a P/E ratio of 28.99, a P/E/G ratio of 1.12 and a beta of 0.23. The stock has a 50 day moving average price of $636.22 and a 200-day moving average price of $542.80. The company has a debt-to-equity ratio of 3.05, a quick ratio of 0.94 and a current ratio of 1.09.

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

Lockheed Martin Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 2nd were given a $3.45 dividend. The ex-dividend date of this dividend 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 currently 64.22%.

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

Wall Street Analysts Forecast Growth

LMT has been the topic of several research analyst reports. Argus boosted their target price on Lockheed Martin from $530.00 to $735.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Robert W. Baird raised their price target on Lockheed Martin from $550.00 to $640.00 and gave the stock an “outperform” rating in a research note on Friday, January 16th. Truist Financial lifted their price target on shares of Lockheed Martin from $605.00 to $695.00 and gave the company a “buy” rating in a report on Friday, January 30th. DZ Bank downgraded shares of Lockheed Martin from a “buy” rating to a “hold” rating and set a $665.00 price objective on the stock. in a research report on Tuesday, February 3rd. Finally, Wells Fargo & Company began coverage on shares of Lockheed Martin in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $650.00 price objective for the company. Seven 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. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $634.74.

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.