Buffalo Business & Estate Services Ltd. Buys New Stake in Lockheed Martin Corporation $LMT

Buffalo Business & Estate Services Ltd. purchased a new stake in Lockheed Martin Corporation (NYSE:LMT) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 9,734 shares of the aerospace company’s stock, valued at approximately $4,708,000. Lockheed Martin comprises approximately 0.7% of Buffalo Business & Estate Services Ltd.’s portfolio, making the stock its 28th largest holding.

Other large investors also recently bought and sold shares of the company. United Financial Planning Group LLC acquired a new position in Lockheed Martin during the third quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC boosted its holdings in shares of Lockheed Martin by 285.7% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the aerospace company’s stock valued at $27,000 after acquiring an additional 40 shares during the period. Grey Fox Wealth Advisors LLC acquired a new position in shares of Lockheed Martin in the 3rd quarter valued at $27,000. Twin Peaks Wealth Advisors LLC acquired a new position in shares of Lockheed Martin in the 2nd quarter valued at $29,000. Finally, Beacon Financial Strategies CORP purchased a new position in Lockheed Martin during the 4th quarter worth $34,000. Institutional investors and hedge funds own 74.19% of the company’s stock.

Lockheed Martin Price Performance

Lockheed Martin stock opened at $623.03 on Monday. Lockheed Martin Corporation has a one year low of $410.11 and a one year high of $692.00. 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 business has a fifty day moving average of $636.22 and a two-hundred day moving average of $542.80. The company has a market cap of $143.58 billion, a P/E ratio of 28.99, a price-to-earnings-growth ratio of 1.12 and a beta of 0.23.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings results on Thursday, January 29th. The aerospace company reported $5.80 earnings per share 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 for the quarter, compared to analyst estimates of $19.84 billion. During the same period last year, the company earned $7.67 earnings per share. The business’s revenue for the quarter was up 9.1% compared to the same quarter last year. As a group, analysts predict that Lockheed Martin Corporation will post 27.15 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 2nd were given a dividend of $3.45 per share. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Monday, March 2nd. Lockheed Martin’s dividend payout ratio (DPR) is presently 64.22%.

Analyst Ratings Changes

Several brokerages have recently weighed in on LMT. Sanford C. Bernstein reiterated a “market perform” rating and set a $654.00 target price on shares of Lockheed Martin in a research note on Friday, February 6th. Wall Street Zen cut Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research report on Sunday, March 22nd. Citigroup lifted their target price on Lockheed Martin from $673.00 to $675.00 and gave the company a “neutral” rating in a research note on Wednesday, April 1st. Argus boosted their price objective on shares of Lockheed Martin from $530.00 to $735.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Finally, Morgan Stanley set a $675.00 price objective on shares of Lockheed Martin in a research report on Wednesday, February 4th. Seven research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $634.74.

Key Lockheed Martin News

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.