Carnegie Investment Counsel Acquires 1,322 Shares of Lockheed Martin Corporation $LMT

Carnegie Investment Counsel grew its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 4.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,961 shares of the aerospace company’s stock after acquiring an additional 1,322 shares during the quarter. Carnegie Investment Counsel’s holdings in Lockheed Martin were worth $14,975,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of LMT. United Financial Planning Group LLC bought a new stake in shares of Lockheed Martin during the 3rd quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC lifted its position in Lockheed Martin by 285.7% in the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the aerospace company’s stock worth $27,000 after buying an additional 40 shares during the last quarter. Grey Fox Wealth Advisors LLC bought a new stake in Lockheed Martin in the 3rd quarter worth approximately $27,000. Beacon Financial Strategies CORP bought a new stake in Lockheed Martin in the 4th quarter worth approximately $34,000. Finally, Pilgrim Partners Asia Pte Ltd bought a new stake in Lockheed Martin in the 3rd quarter worth approximately $35,000. Institutional investors own 74.19% of the company’s stock.

Lockheed Martin Price Performance

Shares of Lockheed Martin stock opened at $613.62 on Friday. The company has a debt-to-equity ratio of 3.05, a current ratio of 1.09 and a quick ratio of 0.94. The business’s 50 day simple moving average is $638.19 and its two-hundred day simple moving average is $547.09. The stock has a market capitalization of $141.42 billion, a P/E ratio of 28.55, a price-to-earnings-growth ratio of 1.12 and a beta of 0.23. Lockheed Martin Corporation has a one year low of $410.11 and a one year high of $692.00.

Lockheed Martin (NYSE:LMT) last announced its quarterly 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). The company had revenue of $20.32 billion during the quarter, compared to analysts’ expectations of $19.84 billion. Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.Lockheed Martin’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period last year, the firm earned $7.67 earnings per share. Analysts forecast that Lockheed Martin Corporation will post 27.15 EPS for the current year.

Lockheed Martin Announces Dividend

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

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed won a large U.S. defense award — a roughly $4.7B undefinitized contract to accelerate production of PAC‑3 MSE Patriot interceptors, aimed at boosting deliveries amid strained munitions supplies. This is directly revenue‑accretive and supports near‑term manufacturing ramps. Article Title
• Positive Sentiment: High‑profile bullish commentary: Jim Cramer publicly recommended adding LMT, calling CEO Jim Taiclet “bankable,” which can attract retail buying and improve sentiment. Article Title
• Positive Sentiment: Space wins extend the long‑term growth story — awards include a ~$1.84B Andromeda program and a ~$105M GPS IIIF-related contract, diversifying revenue beyond air/missile programs. Article Title
• Positive Sentiment: Short interest fell ~14.6% at the end of March to ~2.37M shares (short ratio ~1.4 days), reducing one source of near‑term downside pressure and indicating fewer bets against the stock.
• Neutral Sentiment: Analyst/price action noise — at least one outlet noted a price target raise to $770 and bullish analyst commentary, which supports upside expectations but is opinion‑based and already partly reflected in the share move. Article Title
• Neutral Sentiment: Tech/PR stories (e.g., “Ghost Murmur” rescue tech) boost brand and innovation narrative but are unlikely to move fundamentals near term. Article Title
• Negative Sentiment: Near‑term headwinds: Lockheed missed quarterly EPS expectations in late January, the stock has run ~30% in 2026 and sits near its 52‑week high, creating scope for profit‑taking; valuation (P/E ~28.6) and modest liquidity (today’s volume below average) amplify downside on short‑term flows.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on LMT. Robert W. Baird boosted their target price on Lockheed Martin from $550.00 to $640.00 and gave the stock an “outperform” rating in a research report on Friday, January 16th. Citigroup boosted their target price on Lockheed Martin from $673.00 to $675.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 1st. DZ Bank downgraded Lockheed Martin from a “buy” rating to a “hold” rating and set a $665.00 target price for the company. in a research report on Tuesday, February 3rd. Jefferies Financial Group boosted their target price on Lockheed Martin from $630.00 to $640.00 and gave the stock a “hold” rating in a research report on Tuesday. Finally, Susquehanna boosted their target price on Lockheed Martin from $725.00 to $740.00 and gave the stock a “positive” rating in a research report on Wednesday, March 18th. Seven investment 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, Lockheed Martin has a consensus rating of “Hold” and an average price target of $645.79.

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.