Albion Financial Group UT Decreases Stake in Lockheed Martin Corporation $LMT

Albion Financial Group UT reduced its position in Lockheed Martin Corporation (NYSE:LMT) by 6.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,419 shares of the aerospace company’s stock after selling 2,016 shares during the period. Albion Financial Group UT’s holdings in Lockheed Martin were worth $13,745,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in LMT. Sanders Capital LLC bought a new stake in Lockheed Martin during the third quarter worth approximately $252,699,000. First Trust Advisors LP increased its stake in Lockheed Martin by 286.1% during the third quarter. First Trust Advisors LP now owns 503,428 shares of the aerospace company’s stock worth $251,316,000 after acquiring an additional 373,027 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Lockheed Martin by 169.3% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 572,272 shares of the aerospace company’s stock worth $265,030,000 after acquiring an additional 359,748 shares during the last quarter. Canoe Financial LP bought a new stake in Lockheed Martin during the fourth quarter worth approximately $166,403,000. Finally, SG Americas Securities LLC increased its stake in Lockheed Martin by 7,309.8% during the fourth quarter. SG Americas Securities LLC now owns 262,233 shares of the aerospace company’s stock worth $126,834,000 after acquiring an additional 258,694 shares during the last quarter. 74.19% of the stock is currently owned by hedge funds and other institutional investors.

More Lockheed Martin News

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

• Positive Sentiment: White House FY2027 budget proposes $1.5 trillion for defense, a major tailwind for prime contractors like Lockheed that supports higher program funding and potential contract flow. Read More.
• Positive Sentiment: Pentagon request specifically includes ~85 F‑35 jets and a 42% lift in defense spending, directly benefiting Lockheed’s F‑35 program revenue and near‑term backlog visibility. Read More.
• Positive Sentiment: Artemis II and broader lunar/space activity spotlight Lockheed as a key supplier for NASA and DoD space efforts, strengthening long‑term growth narratives tied to multibillion‑dollar programs. Read More.
• Positive Sentiment: Support from commercial/launch partners (e.g., Firefly’s recent rapid‑launch simulation) highlights Lockheed’s role in tactical, responsive space missions that could expand addressable services. Read More.
• Neutral Sentiment: Multiple investor pieces compare Lockheed to peers (e.g., RTX), noting sectorwide tailwinds from geopolitics — useful context but not a definitive stock pick signal on its own. Read More.
• Neutral Sentiment: Analysts expect Lockheed’s Q1 results to show a modest, single‑digit profit dip; an earnings miss or guidance cut could mute near‑term gains even with program funding strength. Read More.
• Negative Sentiment: Valuation concerns: commentary from Seeking Alpha and others says Lockheed’s strong franchise may have limited upside at current multiples, which can cap further rallies if expectations are already priced in. Read More.
• Negative Sentiment: Zacks notes the stock’s 3‑month outperformance but warns rising losses in some segments and a high debt load could deter new investors and increase downside risk. Read More.

Lockheed Martin Stock Up 2.3%

Shares of NYSE:LMT opened at $637.22 on Tuesday. The business’s 50 day moving average is $637.33 and its 200 day moving average is $543.95. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 3.05. The stock has a market cap of $146.85 billion, a P/E ratio of 29.65, a price-to-earnings-growth ratio of 1.12 and a beta of 0.23. Lockheed Martin Corporation has a 52-week low of $410.11 and a 52-week high of $692.00.

Lockheed Martin (NYSE:LMT) last posted its 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 analysts’ expectations of $19.84 billion. During the same quarter in the prior year, the company earned $7.67 EPS. The firm’s quarterly revenue was up 9.1% on a year-over-year basis. Sell-side analysts predict that Lockheed Martin Corporation will post 27.15 EPS for the current year.

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 issued a dividend of $3.45 per share. This represents a $13.80 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Monday, March 2nd. Lockheed Martin’s dividend payout ratio is currently 64.22%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on LMT shares. Wells Fargo & Company started coverage on Lockheed Martin in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $650.00 price objective on the stock. The Goldman Sachs Group boosted their price objective on Lockheed Martin from $464.00 to $517.00 and gave the stock a “sell” rating in a research note on Monday, February 2nd. Wall Street Zen cut Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research note on Sunday, March 22nd. TD Cowen boosted their price objective on Lockheed Martin from $600.00 to $670.00 and gave the stock a “hold” rating in a research note on Friday, January 30th. Finally, Citigroup boosted their price objective on Lockheed Martin from $673.00 to $675.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 1st. Seven investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Lockheed Martin presently has an average rating of “Hold” and a consensus target price of $634.74.

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.