Finer Wealth Management Inc. Sells 1,323 Shares of Lockheed Martin Corporation $LMT

Finer Wealth Management Inc. reduced its stake in shares of Lockheed Martin Corporation (NYSE:LMT) by 35.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 2,372 shares of the aerospace company’s stock after selling 1,323 shares during the period. Finer Wealth Management Inc.’s holdings in Lockheed Martin were worth $1,147,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. United Financial Planning Group LLC bought a new stake in shares of Lockheed Martin during the 3rd quarter worth $25,000. Barnes Dennig Private Wealth Management LLC lifted its holdings in shares of Lockheed Martin by 285.7% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 40 shares during the last quarter. Grey Fox Wealth Advisors LLC bought a new stake in shares of Lockheed Martin during the 3rd quarter worth $27,000. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Lockheed Martin during the 3rd quarter worth $35,000. Finally, Beacon Financial Strategies CORP bought a new stake in shares of Lockheed Martin during the 4th quarter worth $34,000. 74.19% of the stock is owned by institutional investors.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Pentagon budget surge signals fast-tracking of Lockheed’s AIM-260 missile program, which could accelerate near-term contract awards and production ramp for high-margin missile work. Pentagon budget surge signals fast track for Lockheed’s AIM-260 missile program
• Positive Sentiment: President Trump’s large defense budget proposals (reported as both $2.2T and a separate $1.5T FY2027 request) are cited as structural tailwinds for Lockheed — supporting F‑35 buys, missile programs and long-cycle defense orders. Trump’s $2.2T proposed defense budget boosts Lockheed Martin’s outlook
• Positive Sentiment: Exostar won a new five‑year contract extension with Lockheed for supplier, risk and compliance management — a small but recurring commercial win that supports program execution and supply‑chain continuity. Exostar secures five-year contract extension with Lockheed Martin
• Neutral Sentiment: Jefferies nudged its price target to $640 but kept a Hold rating — a modest uplift that implies limited near-term upside from current levels. Benzinga
• Neutral Sentiment: Citigroup raised its price target slightly to $675 while maintaining a Neutral rating — shows analysts are raising targets but remaining cautious on valuation. Q1 Preview: Citigroup Remains Neutral on Lockheed Martin Corporation (LMT)
• Neutral Sentiment: Space/Artemis momentum is cited as a longer‑term growth lens for Lockheed’s space business, supporting investor interest but not a near-term earnings driver. Space ETFs Set for a Ride as Artemis II Goes Closest to the Moon
• Negative Sentiment: Zacks flagged a pullback in LMT as broader market strength left the stock lagging in today’s session — short‑term selling pressure likely tied to profit‑taking and macro/geopolitical headlines. Lockheed Martin (LMT) Stock Slides as Market Rises: Facts to Know Before You Trade
• Negative Sentiment: Defense ETFs and many defense names have traded down amid Iran‑related volatility and investor uncertainty — geopolitical risk is producing short-term rotation away from the sector despite higher defense spending proposals. Defense Stocks Can’t Get a Boost From Iran War Escalations. What Would Move Them.
• Negative Sentiment: Analyst and media notes flag rising losses in some segments, elevated debt levels and stretched valuation — risks that could limit upside absent clear earnings beats or confirmed contract flows. LMT Outperforms Industry in 3 Months: What’s Next for Investors?

Analyst Upgrades and Downgrades

LMT has been the topic of a number of analyst reports. Weiss Ratings upgraded shares of Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 23rd. Royal Bank Of Canada lifted their target price on shares of Lockheed Martin from $615.00 to $650.00 and gave the stock a “sector perform” rating in a research report on Friday, January 30th. 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 report on Monday, February 2nd. BNP Paribas Exane lifted their target price on shares of Lockheed Martin from $550.00 to $570.00 and gave the stock an “outperform” rating in a research report on Thursday, January 8th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Lockheed Martin from $492.00 to $611.00 and gave the stock a “hold” rating in a research report on Friday, January 30th. Seven equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $635.26.

Lockheed Martin Price Performance

Shares of NYSE:LMT opened at $627.55 on Wednesday. The stock has a market cap of $144.63 billion, a PE ratio of 29.20, a PEG ratio of 1.12 and a beta of 0.23. The company’s fifty day moving average is $637.98 and its 200 day moving average is $545.04. Lockheed Martin Corporation has a 52 week low of $410.11 and a 52 week high of $692.00. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 3.05.

Lockheed Martin (NYSE:LMT) last issued its 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 business had revenue of $20.32 billion during the quarter, compared to analysts’ expectations of $19.84 billion. During the same quarter in the previous year, the business earned $7.67 EPS. Lockheed Martin’s revenue for the quarter was up 9.1% compared to the same quarter last year. Research 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 disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 2nd were given 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 payout ratio is presently 64.22%.

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.